Stakeholders at the Phillips Consulting Digital Jurist Awards have underscored the need for well-structured regulatory and institutional frameworks to foster sustainable growth in the digital ecosystem.
They said such frameworks are vital not only for driving innovation but also for ensuring long-term development across various sectors.
The awards, held recently in Lagos under the theme “Digital Transformation: Building Sustainable Platforms for the Future,” brought together industry leaders and stakeholders committed to enhancing digital excellence.
The Digital Jurist Awards assess the digital touchpoints of organizations, recognizing those that excel in their digital transformation efforts.
The Head of Information Technology Projects Clearance at the National Information Technology Development Agency, Dr Usman Abdullahi, emphasised the critical role of stakeholders in creating sustainable and adaptable regulatory frameworks to support the digital ecosystem.
Usman pointed out that consumer protection is paramount, noting, “User protection is the key to a sustainable platform.”
The official called for regulations that are not only quality-driven and strategic but also accessible and inclusive to serve the global digital community effectively.
He added that leaders should craft flexible regulations to accommodate evolving digital trends while safeguarding users’ interests.
The Chief Executive Officer of Beyond Limits Africa, Dr Juliet Ehimuan, emphasised the transformative power of digital technology in driving sustainable growth across sectors.
Ehimuan remarked that the Digital Jurist Awards are fundamentally about celebrating excellence in digital transformation.
She further explained the importance of building sustainable platforms that enable organisations to gain and maintain a competitive edge, stressing that a sustainable digital transformation must be robust, resilient, fast, easy to navigate, scalable, continuously improving, and secure.
The Chief Strategy and Innovation Officer at MTN Nigeria, Babalola Oyeleye, reinforced this view, stressing the necessity of integrating security considerations from the outset of digital initiatives.
“Successful digital transformation requires a collaborative approach to create a secure and resilient environment for consumers and businesses alike,” he stated.
Access Bank Plc was recognised for Best Digital and Best Website in the Commercial Bank sector, while Ecobank won Best Web Portal. Polaris Bank was awarded Best Mobile App, and Zenith Bank was honored for Best Social Media.
For the fintech sector, Interswitch Limited won Best Digital, and eTranzact International Limited was awarded Best Website. Paga secured the title for Best Web Portal, while Piggyvest excelled by winning Best Mobile App and Best Social Media.