Efforts to fight grey marketing and faking of IT products and peripherals may not have yielded the expected results, even as the hardware marker, Hewlett Packard (HP) and the software giant, Microsoft have said that the ugly trend is costing Nigeria huge sums in foreign direct investment (FDI) as well as research and development.

Ahead of Nigeria UK telcoms summit 2010 organized by Lancaster conferences in collaboration with the Nigerian Communication Commission (NCC) with support from United Kingdom Trade and Investment (UKTI) slated for next month in London, England, high level industry speakers have lined up for the capacity event.

With the increasing wave of combined attacks on network and the corresponding high cost of running secure businesses, Ha-Shem Network Services limited in partnership with Eliecore Technologies Limited has introduced Cyberoam, a unified threat management device in to Nigeria.

Nigeria’s first indigenous smart phone maker, Anabel Mobile has partnered with one of the leading mobile operator, Zain Nigeria to introduce a unique handset bundle offer.

Software exports represent the mainstream of emerging economies and future businesses. It’s activities are central to global trade and the generation of foreign currency.