Close Menu
    What's Hot

    Nigeria’s Foreign Reserve Climbs, Reaches Highest in 8 Years

    January 27, 2026

    Tariff-Free Trade:  Nigeria, UAE Sign Historic Deal

    January 27, 2026

    UAE Debt Capital Market to Surpass USD350 billion in 2026

    January 27, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About us
    Facebook X (Twitter) Instagram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, January 27
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketForces News - FG to Deploy Latest IP Version for Better Network, Transactions
    News

    FG to Deploy Latest IP Version for Better Network, Transactions

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 21, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    FG to Deploy Latest IP Version for Better Network, Transactions
    Share
    Facebook Twitter Pinterest Email Copy Link

    FG to Deploy Latest IP Version for Better Network, Transactions

    The Federal Government says it is set to deploy the latest Internet Protocol version (IPv6) for easy identification and numbering of internet users and their devices.

    Dr Bosun Tijani, Minister of Communications, Innovation and Digital Economy, said this on Tuesday at a one-day IPv6-Driven Digital Infrastructure summit organised by the National Information Technology Development Agency (NITDA) in Abuja.

    The summit, on the theme “Bringing Net 5.5G Into Reality: Inspiring New Growth”, was in collaboration with Huawei, IPv6 Forum and IPv6 Council, Nigeria,

    According to Tijani, the IPv6 will also track internet transactions within the country.

    “The IPV6 is the latest protocol responsible for ensuring that online transactions and activities allow authorities to identify users, both for security purposes and ensuring appropriate usage of the internet space.

    “This is the standard used globally but only a few countries like the U.S., France, Saudi Arabia and United Arab Emirates are on IPv6; others are trying to catch up.

    “Nigeria is now one of the first countries in Africa to migrate from IPv4 to IPv6, which means network providers can offer better services and ensure their systems are not easily hacked.

    “Network providers will make sure the services they provide are always available by identifying where the traffic is coming from.”

    The minister also said that the IPv6 would impact cyber security by unmasking cyber criminals who masquerade themselves to carry out their nefarious activities.

    “IPv6 will improve the country’s capability to track traffic and ensure our citizens are safe,” Tijani said.

    For his part, the Director-General of NITDA, Malam Kashifu Inuwa said that the investment needed to implement the IPv6 would be minimal as most of the devices already deployed by the country were IPv6 compatible.

    Inuwa explained that the country would only require the strategy and clear policy to ensure that operators complied with migrating to the latest version.

    According to him, the agency’s proposed white paper for the deployment and implementation of IPv6 seeks to open the discussions for broader contributions from industry stakeholders.

    “This paper is just to spark the conversation and awareness so people can embrace IPv6.

    “As a nation, we should have a broad market and strategy to migrate from IPv4 to IPv6.

    “This migration can lead to great economic activities and ensure the security of our cyberspace.”

    The D-G explained that the IPv6 would also open up new markets for the country.

    Referencing research by Roland Berger, a global consultancy firm, Inuwa said that adopting IPv6 would open a 10-trillion U.S. dollar market globally.

    He noted that with the country’s high population and multiple devices, cyber security was a huge challenge, but the IPv6 could address it.

    “I have two mobile phones, a smart watch, laptops and other devices connected to the internet but, because of the scarcity of IPv6, all these devices are masked and cannot be directly identified.

    “With IPv6, every person in the world can have billions of Internet Protocol (IP) devices available for use and this will help address our cyber security challenges,” Inuwa said.

    In his presentation, the President of IPv6 Forum, Mr Latif Ladid said Nigeria was already leading in Africa in terms of internet usage and is the seventh in the world, hence the need to upgrade from IPv4 to IPv6.

    Ladid stressed that the IPv6 would enable the country to experience a more productive internet space and easier communication. FG to Deploy Latest IP Version for Better Network, Transactions

    Nigerian Treasury Bill Yield Falls by about 2% before Auction

    FG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website

    ogochi Ndubuisi is creative content manager with interest in marketing and advertisement. Ogochi supports MarketForces Africa's clients corporate communication units with content development and liaise with media unit for disseminable product information.

    Related Posts

    Business

    Nigeria’s Foreign Reserve Climbs, Reaches Highest in 8 Years

    January 27, 2026
    Economy

    Tariff-Free Trade:  Nigeria, UAE Sign Historic Deal

    January 27, 2026
    Islamic Finance

    UAE Debt Capital Market to Surpass USD350 billion in 2026

    January 27, 2026
    News

    XRP Rebounds on Market-Wide Altcoin Tailwinds Ahead of Fed

    January 27, 2026
    News

    DMO Raises N1.54trn from Nigerian Bonds Auction, Rates Shift

    January 27, 2026
    MarketNews

    Overnight, Repo Rates Steady with Excess Liquidity in Money Market

    January 27, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Nigeria’s Foreign Reserve Climbs, Reaches Highest in 8 Years

    January 27, 2026

    Tariff-Free Trade:  Nigeria, UAE Sign Historic Deal

    January 27, 2026

    UAE Debt Capital Market to Surpass USD350 billion in 2026

    January 27, 2026

    XRP Rebounds on Market-Wide Altcoin Tailwinds Ahead of Fed

    January 27, 2026
    Latest Posts

    Nigeria’s Foreign Reserve Climbs, Reaches Highest in 8 Years

    January 27, 2026

    Tariff-Free Trade:  Nigeria, UAE Sign Historic Deal

    January 27, 2026

    UAE Debt Capital Market to Surpass USD350 billion in 2026

    January 27, 2026

    XRP Rebounds on Market-Wide Altcoin Tailwinds Ahead of Fed

    January 27, 2026

    DMO Raises N1.54trn from Nigerian Bonds Auction, Rates Shift

    January 27, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Nigeria’s Foreign Reserve Climbs, Reaches Highest in 8 Years

    January 27, 2026

    Tariff-Free Trade:  Nigeria, UAE Sign Historic Deal

    January 27, 2026

    UAE Debt Capital Market to Surpass USD350 billion in 2026

    January 27, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.