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Heirs Technologies Unveils Disruptive, Ambitious Growth Plans

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Heirs Technologies has unveiled disruptive and ambitious growth plans aimed at empowering Africa’s digital transformation through innovative and locally tailored solutions.

Obong Idiong, managing director, Heirs Technologies while unveiling the company’s plans in four IT Services areas that includes, Managed Services, IT Consulting, Business Process Outsourcing and ICT Training, said their core value is to help organizations solve problems.

“We are starting in Nigeria and wants to scale across Africa as we have similar demography and good thing about technology is that it does not have geographic limit. One thing about building technological service is that you have to ensure that it is something that can be use across boundaries that’s what creates values.

“Our main focus is how to help organizations meet their business objectives. Our purpose is to empower Africa’s digital transformation through innovative and locally tailored solutions. It is expensive to run businesses now due to high exchange rate and we want to see how we can create local substitutes, be it on manpower, technological licensing and solutions, he said”.

Managed IT Services

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Idiong said: “Managed IT services is a big part of what we want to do. We want to be able to take the headache of managing technological solutions off organizations. Today, technological evolution is growing very fast and very difficult to keep in pace of the growth, and a lot of businesses want to focus on been competitive and doing that there are a lot of inefficiencies that come such as cybersecurity threat, data privacy and policy, artificial intelligent among others. These requires specialized kind of skills and investments.

“We are saying give us that headache to do, in terms of those skills gap, we have them. In terms of know-how to take care of your IT infrastructure, disaster recovery we have them. Because, we have the technologies, we have the partnerships, we have the solutions and we have the skills to be able to manage these and enable the organization focus on its core business.

Dr. Fumbi Chima, chairman, Heirs Technologies, in her opening remark said that the future world is in technology.  “We intend to work with organizations so that we can become Africa’s technology hub just like what China and India are doing in technology. Future is about us. Future is all about technology. We are looking at creating technology opportunity that will help us to create wealth outside of Nigeria. I am looking forward to be as an organization, one of the disruptive and ambitious growth company over the next three to five years,” she noted.

IT Consulting

Its IT Consulting Services aims to help businesses improve their operations by advising them on how to use Information Technology (IT) effectively. By partnering with leading hardware & software technology manufacturers, Heirs Technologies provides clients with access to world class solutions that are specifically tailored to your requirements and budget, ultimately providing competitive advantage and exponential business growth.

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Business Process Outsourcing

Heirs Technologies provides IT Business Process Outsourcing (BPO) services involving a range of technology-based solutions to clients, enabling them to focus on their core business functions while leveraging specialized expertise and resources.

IT Training

i-Academy, is Heirs Technologies’ training institute, dedicated to enhancing technical proficiency across the Group companies and external recruits, thereby building a talent pipeline of resources committed to rendering exceptional service delivery for our 3 business lines – OEM Support, Business Process Outsourcing, and Managed Services, that enable us achieve our revenue targets.

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E-Business

NDPC Probes UNILAG, Lotus Bank, Hackerbella over Alleged Students’ Data Misuse

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Nigeria Data Protection Commission (NDPC) has commenced a forensic investigation into the University of Lagos (UNILAG), Lotus Bank and Hackerbella Ltd over alleged violations of data protection laws involving students’ personal information.

NDPC Probes UNILAG, Lotus Bank, Hackerbella over Alleged Students’ Data Misuse

The investigation follows public complaints alleging that students’ personal data were used to open bank accounts without a lawful basis.

Dr Vincent Olatunji, national commissioner and chief executive officer of the NDPC, directed the investigation team to conduct a comprehensive assessment of the circumstances surrounding the collection, processing, use and disclosure of the affected students’ personal data.

The investigation will also determine the respective roles and responsibilities of UNILAG, Lotus Bank and Hackerbella in the alleged processing of the data.

According to the Commission, the investigation will assess the data protection compliance obligations of the parties under the Nigeria Data Protection Act, 2023 (NDP Act), as well as potential risks posed to the rights and freedoms of the affected data subjects.

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The NDPC said the probe would cover several areas, including Data Protection Impact Assessments (DPIAs), the lawfulness and transparency of credit scoring or profiling activities, and the use of automated decision-making systems.

It will also examine the adequacy of privacy notices, data-sharing arrangements, lawful bases for processing, data minimisation and purpose limitation.

Other areas include data retention policies and the adequacy of technical and organisational measures put in place to safeguard the rights and personal data of affected students.

The Commission reiterated that institutions entrusted with the personal data of students, staff and other members of their communities have a heightened responsibility to ensure that such information is processed lawfully, fairly, transparently and securely.

The NDPC therefore warned educational institutions that are yet to comply with its existing data protection compliance directives to take immediate steps to achieve compliance.

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The Commission said it would continue to exercise its regulatory mandate to protect the privacy rights of Nigerians and ensure that organisations processing personal data comply with the provisions of the Nigeria Data Protection Act, 2023.

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Microsoft to Unveil Next-generation AI Chip in September

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Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon ​as next month, The Information reported on Monday, citing ‌people with direct knowledge of the plans.

The company introduced its Maia AI chip in November 2023 but has lagged rivals such as Alphabet and ​Amazon in scaling up its in-house chip efforts as ​it seeks to reduce its reliance on Nvidia’s costly ⁠processors.

Google began recognizing revenue from direct sales of its custom ​AI chips, called Tensor Processing Units, in the quarter ended June, ​while Amazon has also seen growing adoption of its processors, including its Trainium chips.

Microsoft has been in talks with chipmaker TSMC to secure manufacturing ​capacity for more than 300,000 units of the chip for ​delivery in 2027, according to the report. It is also looking to significantly ramp up ‌production ⁠and persuade major cloud customers such as Anthropic to adopt the chip.

Microsoft ultimately ​aims to ⁠secure capacity for more than 1 million Maia 300 chips, though component supplies and ongoing capacity ​negotiations with TSMC could constrain its plans, according ​to the ⁠report.

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It unveiled its second-generation Maia 200 in January, built by TSMC using 3-nanometer technology.

Microsoft packed the chip with a significant amount of ⁠SRAM, ​a type of memory that can provide ​speed advantages for AI systems handling large numbers of user requests.

 

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X Replaces Revenue Sharing wit New Creator Rewards Programme

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X has announced plans to discontinue its Revenue Sharing programme and introduce a new Original Content Rewards programme to reward creators for producing original content on the platform.

X Replaces Revenue Sharing wit New Creator Rewards Programme

The social media company announced the changes at the weekend in a post on its X Creators handle, saying the new programme would reward creators who contribute original content.

“Today, we’re introducing the Original Content Rewards Program, a new way to reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X,” the company said.

X said it would stop accepting new enrolments into the Revenue Sharing programme from Friday, while existing participants would continue earning until September 7, 2026.

“Starting today, we’re no longer accepting new enrollments into Revenue Sharing,” it said.

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According to the company, existing Revenue Sharing participants will receive three final payouts, with two scheduled for August 14 and August 28, while the final payment for earnings accrued through September 7 is expected around September 11.

X said existing Revenue Sharing participants would begin getting access to apply for the new programme from September 8, subject to meeting its eligibility requirements.

The first payout under the Original Content Rewards programme will be made on August 28, 2026, while existing Revenue Sharing creators who enrol in the new programme from September 8 will receive their first payment on September 25.

Under the new programme, eligible creators will earn from qualified impressions generated by their original content, with payments made every two weeks.

X defined qualified impressions as unique impressions from Premium users on the Home Timeline feed, where at least 50 per cent of a post is visible.

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On the other hand, “The following are excluded from qualified impressions: impressions from the same account counted more than once per post; paid, promoted, or artificially generated impressions; and fraudulent impressions,” it said.

To qualify, creators must be at least 18 years old, live in a country where the programme is available, maintain an account in good standing and have either a personal or vusiness account.

They must also subscribe to X Premium, Premium+ or Premium Business, have at least 500 verified followers and record at least 500,000 Home Timeline impressions from verified users within the previous 90 days.

X said creators must also regularly post original content to remain eligible.

“We want to recognize creators who break news, share expertise, tell stories, create entertainment, and contribute meaningful perspectives to the conversation,” the company said.

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The platform said original content could include threads, videos, memes, graphics, illustrations, reporting, analysis, commentary and reactions that add meaningful value to existing conversations.

It said creators who use content produced by others would need to add meaningful commentary, context, analysis, humour or creative transformation for such posts to qualify.

“Building on existing conversations is a core part of X, but simply reposting someone else’s content is not enough,” it said.

X said minor edits such as cropping, filters, borders, watermarks, speed adjustments or simple text overlays would generally not qualify as meaningful transformation on their own.

It also warned that content copied or substantially reproduced from another creator, content downloaded and re-uploaded from X or another platform without being the original author’s, automated content, disinformation and misleading content would be ineligible.

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The company said accounts that violate the programme’s requirements could be temporarily or permanently removed from it, depending on the severity of the violation.

It added that creators would be responsible for ensuring they had the necessary rights, permissions or licences to use content created by others.

“Original content is content you personally create that reflects your own voice, perspective, expertise, or creativity,” X said.

The company said the new programme was intended to reward creators who make the platform more valuable by bringing original ideas and perspectives to its conversations.

“The Original Content Rewards Program is designed to reward the creators who start them, shape them, and move them forward,” it said.

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