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ActivEdge Partners Riverbank Solutions to Deliver Electronic Journal Manager

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George Agu, MD,  ActivEdge Technologies Limited
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ActivEdge Technologies Limited, one of the fastest growing Pan African Information Technology Company has teamed up with its Kenyan partner, Riverbank Solution to build a multiplatform Electronic Journal Management Software, the first of its kind in Africa.

This strategic move is geared towards empowering banks in Africa to seamlessly collect and manage the Electronic Journal records of ATMs deployed in its network into a central pool for onward use by banks for other processes especially reconciliation of transaction.  

Banks in Africa face enormous reconciliation challenges and most are running with imbalanced books that run into millions of US dollars posing huge threat to survival of the banks, accuracy of records and payment of claims to customers who suffer ATM Dispense errors.

Following recent implementation of Transaction Lifecycle Management System to some of its client banks, ActivEgde Technologies found a gap in effectively managing this aspect of data for effective ATM reconciliation.

This motivated us to commence a research in conjunction with our Kenyan partners – Riverbank solution towards ensuring that banks desiring to accurately reconcile ATM transactions can seamlessly pick EJs from ATMs in their network to perform near online real-time data reconciliation and manage claims in the event of ATM dispense errors without impeding the performance of ATM network.

This gave rise to creation of experienced team of developers who have deep understanding of the local challenges especially in Nigeria and Kenya and are able to address the variety of challenges faced by the banks in these countries.

According to Nicholas Mwendwa CEO of Riverbank, “this success will come as a huge relief to banks in Africa who have immense need for accurate and near real-time reconciliation. In the near future, this solution will also be perfected for movement of recorded videos files in the ATMs at off peak hours to help banks monitor and attend to incidences in ATMs. We are very excited at the interest that this development has generated in a very short time by banks in Nigeria, Ghana, Uganda and Kenya who are in a hurry to have these challenges behind them. Our target is to have this solution deployed in as many as 50,000 ATMs between now and the end of 2015”

Speaking at the product lunch ceremony, Emmanuel Kalu who is the chief technology officer of ActivEdge Technologies commended the spirit of collaboration by Activdge Technologies and Riverbank as well as the cooperation of other stakeholders especially some banks in West and East Africa who volunteered information about their challenges and allowed use of their operating environment for effective testing of the solution.

He believes that the cross pollination of ideas between the developers and ex-bankers from the two regions who worked on this project enabled the team to have a very wide perspective of the common challenges faced by banks and how best to address them.

Emmanuel further said “This is the first time that I have seen two independent companies from two separate regions share codes and collaborate to build an application based on local knowledge and elaborate customer feedbacks. It took us about 3 months to both architect and deliver the product which is now GA (generally available) and I am very happy that we have a product that can address the ever lingering challenges of EJ management and ATM transaction reconciliation.”

Electronic Journal Manager – EJ Manager is a scheduled web service that streamlines the collection and management of Electronic Journals of ATMs of Banks in a centralized manner. 

Banks need solutions that can help them ensure that all transactional data from ATMs are fully collected into a central pool. Apart from collecting these journals from ATMs, the system also has the capability to inform banks of ATMs who may not have submitted their EJs as well as those who may have network issues. With this data available in a centralized location, banks can now carry out other processes ranging from reconciliation, ATM monitoring, etc.


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E-Business

NOTAP to Commercialise University Research, Expands Patent Drive

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National Office for Technology Acquisition and Transfer (NOTAP), has commenced the process of patenting and commercialisation of research works by universities and other research institutions in the country.

NOTAP to Commercialise University Research, Expands Patent Drive

Dr. Obiageli Amadiobi, director general of NOTAP

Dr. Obiageli Amadiobi, director general of NOTAP, stated this in Abuja, during an interaction with journalists on her achievements since assuming office.

Speaking on the theme, “Strengthening Indigenous Capacity: NOTAP’s Drive for Technology Transfer, Local Content Development, and Innovative activities,” Amadiobi said the agency had involved both the academia and industry so that researchers can work on topics brought forward for commercialisation purpose.

“My minister is very intentional about this– very intentional about commercialisation of research results, which we have already submitted to him. They are meaningful researches, which we need to commercialise.

“We have established 69 intellectual property technology transfer offices in 69 universities that we are still counting. We have informed the vice chancellors of Nigerian universities to set up such offices and we will come and educate them on intellectual property and technology transfers.

“As we are doing this, we are also taking record of all the researchers of these universities and research centres and documenting them in a compendium.

“So, we have compendiums from the universities to us and we put them in a database. If you will recall, recently, the ministry, our supervising ministry, which is the Federal Ministry of Innovation, Science, and Technology, launched a programme titled Energise Commercialisation. This entirely was for commercialisation of all R&Ds,” she said.

On research Institutions carrying out research on areas of industry needs, she said, “NOTAP is bridging the gap between research and development with industry needs, “it is on our programme called the NITDF, NOTAP Industry Technology Transfer Fellowship. By this programme, we engage the universities and the industries, in what we call the triple helix. We liaise with the universities and the industries to sponsor, the industries will sponsor a Ph.D candidate in a Nigerian university to conduct relevant researches.

“They will provide the topics that they want researches for and such students will research on that with the assistance of the industries, because they wear the shoes, so they know where it pinches them. But usually, there are Ph.D candidates already established. This year alone, we certified about 15 of them to enter into this programme and they have gone into the various universities.

“And we are still looking for people to update some of the projects; the research topics we already have. But we are not getting enough persons to do the researches. So, we are going to do further advertisement to see if other candidates will come up.


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FG Unveils Digital Postcode System for MDAs

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Federal government has launched a drive to standardise operations across all Ministries, Departments, and Agencies (MDAs) through the nationwide adoption of the new National Digital Alphanumeric Postcode System.

FG Unveils Digital Postcode System for MDAs

Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, launched the initiative at a high-level stakeholder workshop on Thursday in Abuja.

The conference, themed “Embedding the Nigerian Digital Postcode in Public Service Delivery,” brought together key stakeholders to discuss the adoption of the system across government institutions.

Represented by Nadungu Gagare, permanent secretary of the Ministry,  declared that the initiative was a critical pillar for the country’s economic and security framework.

“The Nigerian Digital Postcode represents far more than an improvement to postal services. It is a strategic national asset. Without accurate location intelligence, governments struggle to plan effectively, emergency responders lose valuable time, and financial institutions face verification challenges,” he said.

Tijani said the Alphanumeric digital postcode system was a pathway and a defining moment for Nigeria’s digital transformation under the Renewed Hope Agenda of President Bola Tinubu.

He said an accurate national addressing system would enable government agencies to plan better, improve emergency response, support credible census and elections, expand financial inclusion and ensure citizens were not excluded from essential services because of poor location data.

The Minister commended NIPOST for leading the initiative and urged MDAs and state governments to integrate the system into their operations, stressing that its success would depend on collaboration, interoperability, and nationwide adoption.

Omotola Odeyemi, postmaster general and chief executive officer, Nigerian Postal Service (NIPOST), explained that the digital postcode system creates a “common language of location” for the entire government.

She urged federal and subnational entities to integrate the infrastructure into their daily operations to maximise its value.

“Just as digital identity has helped to establish who a citizen is, this National Digital Postcode helps us to determine where services, opportunities, and interventions should be delivered. Its success will not be measured by the number of postcodes that we generate but by the lives that we improve,” the NIPOST boss explained.

Mrs Didi Esther Walson-Jack, head of the Civil Service of the Federation, represented by Dr Abdul Sule Garba, permanent Secretary of the Service Welfare Office, pledged full administrative backing for the rollout.

She noted that the civil service would be properly equipped to adapt to the data-driven system.

“The operationalisation of the Nigerian digital postcode is a strategic initiative that has the potential to significantly improve public administration, service delivery, and digital governance across the country,” Mrs Walson-Jack added.

The workshop featured live demonstrations and technical panel sessions focused on linking the new digital postcode system directly into national healthcare, social protection, education, and electoral planning.

 

 


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Kaspersky Warns of a Large-scale Campaign using Fake Free Software to Deploy a RAT via ScreenConnect

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A remote admin tool ScreenConnect is being distributed through fake websites designed to mimic the official pages of well-known software products.

In total, researchers identified more than 90 domains spanning 10 languages, including English, Arabic, Spanish, Chinese, German, Portuguese, and Russian, enabling the attackers to reach a wide range of victims worldwide. The campaign targets both individual users and organisations using Windows.

After detecting an incident through its Managed Detection and Response, Kaspersky uncovered a large-scale campaign in which attackers used fake websites to spread installer archives disguised as popular software, including OBS Studio, DNS Jumper, DS4Windows, Glary Utilities and Bandicam.

To drive traffic to these pages, the threat actor also used search engine optimisation techniques to place them high in search results.

Across more than 90 identified fraudulent software sites, the same tactic was observed: victims who downloaded what appeared to be legitimate software instead received a hidden ScreenConnect remote administration tool, which gave the attackers persistent access to compromised devices and allowed them to deploy AsyncRAT, an open-source trojan capable of giving them full control over infected systems.

Domain registrations linked to this campaign peaked in February 2026; in 2025, the same attacker had used fake websites to disguise malicious installers as games.

Infection occurs through malicious archives containing a legitimate, signed Microsoft file, install.exe, alongside the install.res.1033.dll library. The DLL is loaded onto the device via a DLL sideloading technique and deploys a ScreenConnect service that awaits further instructions from the attackers.

“The campaign targets both users downloading free utilities from the Internet and corporate networks, where remote access tools are often allowlisted and granted elevated privileges.

“Its danger lies in its potential to facilitate large-scale credential theft and unauthorised access to systems, with the stolen data typically later resold on dark web forums,” says Denis Kulik, lead SOC Analyst at Kaspersky.

 


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