Ugi Augustine Ugi dreamt of becoming a medical doctor. Growing up in Calabar with sickle cell anaemia, medicine… The post How Nugi Technologies built a decade ofUgi Augustine Ugi dreamt of becoming a medical doctor. Growing up in Calabar with sickle cell anaemia, medicine… The post How Nugi Technologies built a decade of

How Nugi Technologies built a decade of impact without Silicon Valley’s playbook

Ugi Augustine Ugi dreamt of becoming a medical doctor. Growing up in Calabar with sickle cell anaemia, medicine felt less like a career choice and more like a divine calling. His frequent visits have made hospitals familiar spaces. Survival demanded discipline.

The future, as he imagined it, wore a white coat with a stethoscope.

That plan unravelled quietly in a secondary school computer lab. An MTN technician had come to service the servers, Ugi, then the lab prefect stayed behind. He asked questions like, “How did the machines talk to each other?” What kept them running? The answers were ordinary, but the effect was not, and something shifted. Technology, not medicine, became the obsession.

That moment now sits at the root of Nugi Technologies, a software development company founded in Calabar in 2015. Ten years down the line, the company now boasts of more than 70 employees across four countries and has played a critical role in digitising government services in Cross River State.

Nugi Technologies has spent the last decade doing what most African startups avoid: building gradually, unattractive infrastructure, far from venture capital runways and Silicon Valley tropes.

Ugi chose technical education over medical school, trained as a software developer at NIIT, worked at an IT services firm in Calabar, and funded his ambitions through relentless hustle. One detour included winning a cash prize on Who Wants to Be a Millionaire.

Later, he self-funded a degree in business systems and IT at Middlesex University in London.

How Nugi Technologies built a decade of impact without Silicon Valley’s playbookNugi Technologies team

By the time he returned to Nigeria, he was already running side projects and small contracts. He first launched GTCO Calscan, a software and marketing agency, and quietly tested ideas. In early 2015, at a moment when Nigeria’s economy was tightening, he formalised his thinking into a company.

He called it Nugi Technologies.

Building Nugi Technologies under constraints

The early version of Nugi Technologies bore little resemblance to today’s operation. It was a small team in Calabar, working with limited resources and fewer safety nets. No investors were waiting in the wings.

The market was unforgiving, and mistakes were expensive.

In 2019, Ugi made a calculated leap by moving the company’s headquarters to Lagos. The exposure attracted new clients, partnerships, and set the tone for Nugi Technologies’ upward trajectory. However, two years later, in 2021, the company moved back to Calabar.

That return was not nostalgia; it was strategy. “Lagos taught us speed,” he says. “Calabar is where we are building our future.”

From inception, Nugi Technologies was never designed as a single-product startup. Ugi’s instinct leaned toward systems. software as plumbing, not spectacle. Tools that governments and enterprises rely on quietly, every day.

That thinking now defines Nugi Group, the broader ecosystem that has grown around the company. It spans enterprise software, agricultural technology, clean energy, film production, and smart city development. The diversification was deliberate; each unit buffers the others.

When COVID-19 slowed government contracts, Nugi Farms kept revenue flowing. When energy costs spiked, early investments in solar absorbed the impact. This was not an accidental resilience; it was designed.

How Nugi Technologies built a decade of impact without Silicon Valley’s playbookUgi Augustine Ugi, founder and CEO of Nugi Technologies

On the software side, Nugi Technologies has assembled a comprehensive product suite. 360Gov handles government revenue and identity management. QLoop supports digital payments. Syncventory manages inventory. UltimePlus covers enterprise resource planning. Servyx powers service delivery. Cloudbridge sits beneath them all as the infrastructure layer.

Ugi spent several years embedded as a solutions architect with the Cross River State government. That proximity shaped both product and trust. The result was the deployment of 360Gov across the state.

By 2024, Cross River State’s internally generated revenue had surged to 60 per cent year-on-year. The work earned the state the “Most Innovative State” award. More importantly, it validated Nugi Technologies’ thesis.

When infrastructure compounds

Success in Cross River did not stay local. The company has since received enquiries from three other Nigerian states, as well as governments in Ghana, Kenya, and Rwanda. Growth, here, is cumulative rather than explosive.

Ugi is now extending that logic beyond software into physical infrastructure. The Greater Calabar City is a 370-hectare smart city project anchored by a Tier-4 data centre designed to never go down.

In a country where power outages are routine, the promise is refreshing. The facility will draw from hydro, solar, natural gas, and the national grid. The data centre alone is expected to create more than 1,000 jobs.

“The timing is right,” Ugi says. “We are mature enough to think in ecosystems, not products. A city is an economic engine.”

A founder takes stock

As Nugi Technologies turns ten, Ugi has turned 40. He has marked the moment by publishing a memoir, The Blood of the Phoenix

How Nugi Technologies built a decade of impact without Silicon Valley’s playbookNugi Technologies team

It opens with a hard-earned principle: “Pain births greatness. Don’t go looking for it, though. When pain comes uninvited and unapologetic, the question shouldn’t be ‘Why me?’ but ‘What now?’ You get the most out of your pain based on your reaction.”

Writing forced him to revisit experiences he had long suppressed, including the loss of a staff member in 2015.

“At the time, I swallowed the pain,” he writes. “When I finally wrote about it, that was when I mourned.”

Beyond grief, the book examines restraint. The decisions not to chase capital. Not to pivot for applause. Not to confuse speed with progress. Ugi’s definition of legacy is simple. Build people. Build things that last.

At 40, he calls this his decade of becoming. The first ten years proved survival; must prove endurance.

“We have enough unicorns,” he warns.. “We need elephants.”

Ten years on, Nugi Technologies is still moving. Slowly, deliberately, and very much on its own terms. 

The post How Nugi Technologies built a decade of impact without Silicon Valley’s playbook first appeared on Technext.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Tether launches US-regulated stablecoin, banks warn of deposit flight risk

Tether launches US-regulated stablecoin, banks warn of deposit flight risk

Tether has launched USA₮, marking its first fully compliant offering for American users under the newly enacted GENIUS Act.
Share
Crypto.news2026/01/28 01:47
Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Share
BitcoinEthereumNews2025/09/18 01:23