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500 Babcock Lecturers Undergo TCCDR Training

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The entire Babcock university  lecturers have completed a one -week intensive training on Total Classroom and Campus Digital Revolution (TCCDR) thus becoming the first university in Nigeria to achieve a comprehensive training and certification of all its lecturers with a view to strengthening the leadership position of the university in Nigeria and Africa.

The TCCDR project is an end-to-end first-of-its-kind- robust collaborative e-learning designed to enable the students, lecturers and parents and the school Administrators collaborate in a new integrated way that will  further enhance academic excellence and boost the university global ranking as a foremost technology-driven university in the same league with the best universities in the world.

With the deployment of TCCDR, Babcock university is now making use of the same quality and quantum of technologies which the topmost one hundred universities in the World are using.

There are eleven components of the TCCDR that seamlessly connect the classrooms , students and their lecturers , hostels and cafeteria   on campus.

With this, the hostels and Cafeteria and chapel will be powered by the Israeli latest technology- the In-Motion-Identification Biometrics – which helps guarantee better safety on campus by filtering away all unwanted persons from having access to every important locations on campus where students congregate most, like their hostels and chapels and cafeteria and classrooms.

While the parents also, can now have access to information about their children and wards, via a mobile app, thereby keeping them abreast of the students’ classroom performance ahead of their graduation. 

The TCCDR will see the Babcock University deploying a campus-wide WiFi that enables students to access archived lectures from anywhere on campus using their Customised Education-Purpose-Built Tablets (Babcock Learning Tablets – BLTs).

 This comes with free Internet bundle available throughout the students’ campus life and a host of educational applications for the enhancement of learning.

With the TCCDR, Babcock University will be the first university in Nigeria to have an automated cafeteria where students are identified using the In-Motion Identification (IMID) biometrics to serve meals to students.

This non-contact biometrics replaces the unhealthy contact biometrics by identifying students at a distance and clearing each student per meal and has a pass rate of 35 – 40 students per minute, thereby eliminating human traffic and reduction in time spent by students at the cafeteria.

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The management also can access the records for their necessary reports and planning.

Students are also going to benefit from the SAP global e-learning platform which comes with SOCIAL JAM that allows students to collaborate among one another to do their projects and assignments virtually with in-put from their lecturers that also comes virtually.

Besides, each students will be issued with a Babcock Tablets that comes with free wifi internet and special software like Babcock SKOOLAPP that will help in managing health, cafeteria, and all other issues.

All the classrooms are fitted with inverters and projectors and the new  UPOINTER from South Korea that helps in capturing and recording all the lectures and archive them for students revisions purposes in as many times as they desire,giving students access to a border less classrooms.

The TCCDR project will enhance learning in a totally different way from the traditional classroom interaction. It will see the lecturers and students collaborate by using technology to exchange learning materials.

The training was organized by the e learning department of the university led by Professor Akanbi. 

In his comment Professor David Akanbi showered praises on the lecturers for accepting to embrace new technologies in training their students.

He expressed his satisfaction with the outcome of the training exercise and the value it will bring to Babcock students in the highly competitive labour market.

On the last day of the training, the Vice Chancellor Professor Ademola Tayo and some members of the Parents Consultative Forum of the university also went round to see how the lecturers are adapting to new technology for teaching Prof Tayo, in his speech, reiterated to the PCF representatives that the students and the lecturers are being furnished with various devices to collaborate in the classroom and use the technology to enhance learning and further boost quality of graduates being produced by the university many of whom have won awards and recognitions from various professional bodies outside the university.

Professor Tayo used the occasion to reiterate his vision for the university that \’\’Babcock will remain a pacesetter and will continue to use the best-in-class technology to improve academic excellence on campus so that the products of Babacock university will remain competitive in the labour market\’\’

The consortium powering the TCCDR package was led by WiniGroup/IVETEC , which put together relevant solutions from six counties including Nigeria where some of the software was developed using even some Babcock graduates.

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The In-Motion-Identification Technology comes from Israel, some components come from South Korea, Germany, America and India. The Babcock Tablets come from Canada.

 When fully commissioned according to the Chairman of the Consortium working on the TCCDR, Akano: ” The TCCDR is the best way to go in Nigeria to prepare our students for the new globalised market- one world order without any boundary.

The 21st century requires different approach to education, different skills and only those institutions that are adaptable to change will thrive and prosper.

‘We are happy about Babcock playing their usual pacesetter roles when it comes to technology. This is one of the reasons why Babcock graduates are the first choice of most employers in Nigeria today.

‘The issue of power failure during lectures was taken into consideration and all the 120 classrooms were put on power back-up that can last 5-6 hours of uninterrupted power supply.
Also, a technology skill acquisition and Maintenance Center is being put in place at Babcock to maintain all these technologies and it will also help students who desire to acquire practical experience to do so at the Center during Summer.

‘More importantly, best students in each faculty will have opportunity of participating in a students exchange program to Israel during summer to meet with their counterparts in other parts of the world that are more advanced in the usage of Technology”‎‎
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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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DataPro Upgrades Dangote Cement’s Credit Rating to AA+

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DataPro Rating Agency has upgraded the long-term credit rating of Dangote Cement Plc to AA+ from AA, citing the company’s strong financial performance, market leadership and ability to meet its financial obligations despite Nigeria’s challenging economic environment.

In its latest rating report, the technology-driven credit rating agency also affirmed Dangote Cement’s short-term rating at A1, with a Stable Outlook. The ratings are valid until June 16, 2027.

DataPro said the upgrade reflects the cement maker’s sustained financial strength, resilient operating performance and dominant position in Nigeria and across Africa.

According to the agency, the assessment followed a comprehensive review of the company’s capital base, earnings, liquidity, corporate governance, regulatory compliance and the sustainability of its financial performance over the medium to long term.

It noted that Dangote Cement’s strong brand, leading market share, solid earnings, robust asset base and experienced management continue to strengthen its ability to meet financial commitments on time.

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The agency also highlighted the company’s outstanding financial performance in 2025.

According to the report, Dangote Cement posted N4.31 trillion in revenue during the year, representing a 20 per cent increase from the previous year. Profit before tax more than doubled, rising 109 per cent to N1.53 trillion, driven by higher sales, improved operating efficiency, lower finance costs and a stronger capital structure.

DataPro said the AA+ long-term rating indicates low credit risk and reflects excellent financial strength, business profile and operating performance relative to its rating benchmarks.

It added that the A1 short-term rating signifies good credit quality and shows that the company has a strong capacity to meet its short-term financial obligations as they fall due.

The rating agency, however, noted that the credit rating has a maximum shelf life of 12 calendar months in line with international best practice and should be used only as a reference, not as an offer to trade in securities or as a substitute for investors’ independent judgement.

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Xora Finance, Fintech Firm Refuses to Hire Nigerians over Alleged Dishonesty

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Xora Finance has announced it will no longer consider job applicants from Nigeria.

 

Xora Finance is a digital bank founded by Joren Lundgren, in February 2026 and allows users to deposit and earn interest on their XRP cryptocurrency.

Lundgren, founder, in an announcement on X (formerly Twitter), cited an ongoing pattern of misconduct, such as dishonesty and theft, from previous Nigerian hires as the reason for the decision.

This sudden blanket ban came just days after the company’s official career page was aggressively recruiting remote workers for marketing and content roles.

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The announcement generated heavy backlash online, with many people upset that a blanket rule punishes honest job seekers.

 

 

 

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How Ponzi Scheme Victims can Seek Legal Remedies — Lawyers

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Some lawyers have said that victims of Ponzi schemes have legal remedies, although recovering lost funds and prosecuting perpetrators remain major challenges.

How Ponzi Scheme Victims can Seek Legal Remedies — Lawyers

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new participants rather than from actual profits.

Operators lure victims by promising high returns with little to no risk.

The scheme inevitably collapses when the flow of new investors slows down.

Some lawyers who spoke to News Agency of Nigeria (NAN) separate interviews with on Sunday, said that victims could pursue civil actions to recover their money.

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Mr Chibuikem Opara, a lawyer at Justification Chambers, Ikeja,said many Nigerians continued to fall victim to Ponzi schemes in spite of repeated warnings.

Opara said it was wrong to attribute participation in Ponzi schemes to a lack of investment opportunities, noting that promoters often exploit investors’ greed through promises of unrealistic returns.

“What you cannot take away is the fact that many Nigerians have fallen and continue to fall victim to these schemes every time,” he said.

According to him, victims may individually or collectively institute civil actions against the beneficiary company for breach of contract or refund arising from failure of consideration.

Opara said victims could also unite to seek an order from the Federal High Court to wind up the beneficiary company.

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He, however, noted that such efforts might yield little benefit if perpetrators had already siphoned the funds and left behind an empty shell.

The lawyer said available remedies largely depended on the actions of relevant authorities, adding that recipient accounts could be frozen to facilitate fund recovery and support winding-up proceedings.

Opara said regulators and law enforcement agencies often became aware of Ponzi schemes only after substantial losses had occurred.

According to him, victims frequently failed to report suspicious schemes early enough to enable timely intervention.

He added that funds are sometimes moved outside the country before authorities become aware of the fraud.

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Opara also cited inadequate information and the deceptive nature of the schemes as major obstacles to investigation and prosecution.

“Most times, everything about the schemes is made to appear elusive, just like the profits promised to victims,” he said.

Also speaking, Mr Vincent Aminu of A.F. Aminu and Co. advised that victims of investment scams should report such cases to appropriate law enforcement agencies on time.

Aminu said victims could petition the Economic and Financial Crimes Commission (EFCC) or file reports with the police.

He said that after investigation, prosecutors could bring charges against suspects under relevant fraud-related laws, including provisions of the Criminal Code and the Advance Fee Fraud and Other Fraud Related Offences Act.

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Beyond criminal prosecution, Aminu said .victims could pursue civil actions to recover their money

According to him, such actions may be based on breach of contract, unjust enrichment, or fraudulent misrepresentation, depending on the circumstances.

He added that victims could petition the Securities and Exchange Commission (SEC), which could investigate illegal operators, shut down unauthorised platforms, and freeze assets.

He identified the anonymity of online fraudsters as one of the biggest challenges confronting investigators.

According to him, many operators concealed their identities through fake digital profiles and technologies that made tracking them difficult.

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Aminu also noted that victims who delayed taking legal action risked losing opportunities for redress.

He added that prolonged court proceedings often delayed justice for victims.

“Many fraud-related cases take years before the court reaches a verdict, thereby delaying justice for victims,” he said.

Also, Mr Chris Ayiyi of Ayiyi Chambers, Apapa, described Ponzi schemes as a gamble that benefited early participants at the expense of later investors.

Ayiyi said some early entrants received returns on their investments, thereby encouraging others to join the schemes.

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He said the schemes eventually collapsed, leaving late investors to bear the losses

The lawyer called for a complete ban on Ponzi schemes or sustained public enlightenment campaigns against them.

He urged the National Assembly to enact laws that would strengthen regulation and provide greater protection for investors.

According to him, stronger legal safeguards are necessary in a country operating a capital-based economy.

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