The Chief Executive Officer of the Nigerian Economic Summit Group (NESG), Dr Tayo Aduloju, said Nigeria urgently needs a new digital economy resilience analytics tool to support institutional and sectoral preparedness.

He said this at the 2025 biennial lecture of the Chartered Institute of Directors (CIoD) Nigeria, expressing the NESG’s commitment to collaborate with strategic partners, such as the CIoD, to ensure that Nigeria develops the necessary national capacity and bandwidth for a resilience strategy and response platform at the country level.

Speaking on ‘Building Digital Resilience: Governance, Risk and Compliance’, Adeloju said as part of efforts, the NESG, in partnership with Digital Jewels, is currently co-developing a Cyber Resilience Index (CRI), a pioneering initiative, aimed at benchmarking institutional and sectoral readiness in the digital age.

He said he cherished that the CIoD and other ecosystem leaders could mobilise the resources, expertise and advocacy required to co-create and institutionalise the Index as a national asset for resilience, competitiveness, and governance.

Amidst a wide array of digital risks, the NESG chief said cyber resilience remains one of the most critical challenges organisations face today. He highlighted the practical guide with six key principles offered by the World Economic Forum on Cyber Resilience Framework (CRF) for organisations to address the threat as well as help business executives build and sustain holistic organisational resilience.

On what organisations must do to ensure digital resilience, Adeloju said they should drive digital resiliency efforts and strive to understand and reflect on their enterprise’s resilience to face future disruptions.

According to him, organisations must build resilience across all domains of digital and cyber resilience and have a clear understanding of how business and IT leaders in their organisations will simultaneously support and build digital resilience capabilities.

“The global industry and market systems will continue to be volatile and susceptible for some time; it is critical to future-proof your organisation and reduce time spent in the reactive phases of response. Boards must authorise the upfront investments and guide the digital architecture evolution to ensure future readiness,” he said.

President and Chairman of Governing Council, CIoD, Tijjani Borodo, said the biennial lecture would serve as a valedictory event to brief the business community about his activities during his two-year tenure as head of the institute.