News
ASUU Develops Own Software, UTAS, to Curb Corruption in Universities

Academic Staff Union of Universities (ASUU), has pledged its readiness to fully support any step that would eradicate corrupt practices from the university system.

Biodun Ogunyemi, National President of the union, made the pledge while speaking at the News Agency of Nigeria (NAN), Forum in Abuja on Sunday.
He was reacting to accusations that ASUU’s stance against the Integrated Payroll and Personnel Information System (IPPIS), a platform for the payment of workers’ wages, was an endorsement of corruption.
President Muhammadu Buhari had, on October 8, directed all government employees to be enrolled into IPPIS to ensure accountability and curb corruption in the system.
Mr Ogunyemi told NAN Editors that the union had developed a prototype of the IPPIS, called University Transparency and Accountability Solution (UTAS), which it urged the government to implement rather than the IPPIS.
“In February 2014, after much debate about IPPIS, we told the government our reservations about IPPIS and the uniqueness of the universities.
“We thought they agreed with us; they said we should nominate three people and they will also nominate three persons; and then we should come up with a platform that will be acceptable to ASUU.
“We did not hear anything from them until in July 2019 when ASUU members were asked to enroll into the IPPIS.
“The platform we had in mind is the one we have now started because they pushed us to the point of taking on the challenge.
“ASUU will sponsor the development of that platform which we call University Transparency and Accountability Solution (UTAS).
“UTAS came about as a way of showing them that we are not against the war against corruption; that ASUU fully supports any step that will nip corruption in the bud,’’ he said.
Mr Ogunyemi, however, said that the union was not in support of efforts to move the universities back the into core civil service.
He urged the government to implement UTAS and develop a system that would be resident in the universities.
“UTAS will give government the opportunity to control and monitor activities and progress of the universities.
“The difference between what they are doing now and UTAS is that what they are doing now is just government information system for payment.
“They just send the wage bill for universities into the university account and they ask them to pay and they monitor.
“In the case of UTAS, all the personnel information and the payroll system will be uploaded and there are about five components which we have segmented and developed.
“Not everybody will have access to all of these, so we are saying that the best way to ensure university autonomy is to develop a system that will be resident in the university; but those in government can have access to control and monitor it.
“This will secure and safeguard the autonomy of the universities and that will also give government the opportunity to monitor what is going on in the system, as regularly as they want to.
“If we had reached an agreement on this matter in 2014, we wouldn’t be discussing IPPIS now.”
News
TEF-Backed Entrepreneurs Generate $4.2Bn, Create 1.5m Jobs across Africa

Entrepreneurs backed by the Tony Elumelu Foundation (TEF) have generated more than $4.2 billion in cumulative revenue since the organisation began its grant programme in 2015, according to Somachi Chris-Asoluka, chief executive officer of the foundation.

Chris-Asoluka, revealed this during a virtual media briefing, where she also stated that over $100 million has been distributed to nearly 24,000 young entrepreneurs across Africa.
She noted that the beneficiaries of the programme have gone on to create about 1.5 million jobs, both directly and indirectly, across various sectors of the continent’s economy.
The performance, she said, has strengthened the resolve of the foundation and its partners to scale up financial support for emerging businesses.
Chris-Asoluka emphasised that the foundation’s interventions are anchored on the conviction that entrepreneurship is central to reducing poverty and reshaping Africa’s economic future.
She explained that selected participants receive a $5,000 seed capital grant, in addition to structured business training and mentorship designed to help them either expand existing enterprises or establish new ones.
Highlighting operational challenges faced by entrepreneurs, she identified inadequate electricity supply as a major constraint.
According to her, many small businesses spend as much as 60 per cent of their earnings on alternative power solutions, including generators and inverters.
To mitigate this challenge, she disclosed that Tony Elumelu, TEF founder, alongside the foundation’s leadership, has been engaging governments across Africa on the urgent need to improve power infrastructure.
She further stated that investments by programme beneficiaries cut across critical sectors such as agriculture, artificial intelligence, manufacturing, and technology innovation.
Chris-Asoluka also announced that the foundation’s 2026 cohort of entrepreneurs will be formally unveiled by Elumelu in Abuja.
News
Morney Launches in Nigeria as E-invoicing Drives Finance Digitisation

A new financial operations platform, Morney, has officially launched in Nigeria to help businesses face growing pressure to digitise their finance processes as the country’s shift towards electronic invoicing.

Developed by Morzoe Technologies Inc. and introduced locally through its partner, BuySimply Services Limited, the platform is designed to help organisations streamline and automate financial workflows.
Speaking at the launch, Head of Growth at BuySimply, ‘Mide Olubi, said many Nigerian organisations still depend on fragmented systems such as emails and spreadsheets to manage expenses, supplier invoices and payments.
According to him, this approach often results in inefficiencies, delayed processes, weak oversight and a higher risk of errors.
He noted that Nigeria’s increasing adoption of electronic invoicing and tax digitisation frameworks is accelerating the need for structured and transparent financial systems. Businesses, he said, must move away from manual processes and adopt platforms that provide clear visibility into financial operations.
Morney integrates payments, procurement, expenses and invoicing into a single system, enabling finance teams to automate approvals, monitor transactions in real time and maintain accurate records.
The platform also supports supplier onboarding and invoice processing, helping organisations better manage operational spending.
The company revealed that businesses across sectors such as FMCG, manufacturing, energy, banking and telecommunications are already adopting the solution to improve efficiency and strengthen financial control.
It added that the partnership with BuySimply reflects a broader trend of digital transformation, as organisations respond to evolving regulatory requirements and the demand for more efficient financial management systems.
News
Dr Krishnan Ranganath to Lead UniCloud Africa in Continental Digital Infrastructure Push

Dr Krishnan Ranganath (Krish) to Lead UniCloud Africa in Continental Digital Infrastructure Push
UniCloud Africa Limited, the premier pan-African cloud platform dedicated to advancing the continent’s digital sovereignty, has announced the appointment of Dr. Krishnan Ranganath as its Chief Executive Officer.

Dr. Krish, a seasoned industry leader known for building and scaling digital infrastructure while maintaining rigorous operational excellence, steps into the role as UniCloud Africa accelerates its mission to redefine the continent’s digital landscape.
The appointment coincides with the groundbreaking launch and immediate availability of UniCloud Africa’s enterprise-grade Sovereign Cloud and Artificial Intelligence (AI) infrastructure across six key markets: Nigeria, Ghana, South Africa, Zambia, Senegal, and Mozambique, even as it plans to launch in Kenya, Tanzania, DRC, Uganda, Ethiopia and Côte d’Ivoire as part of further continental expansion.
Operating under the mission of “One Cloud, One Africa,” UniCloud Africa provides governments and enterprises with a world-class, fully compliant sovereign cloud alternative to high-latency offshore providers,ensuring a robust, scalable foundation tailored to Africa’s unique environmental and economic needs.
“UniCloud sits at the epicentre of Africa’s cloud evolution. We are committed to deploying 100% sovereign infrastructure across the continent. My focus is on driving high-growth partnerships and scaling the next generation of resilient, sustainable cloud infrastructure to accelerate the evolution of the African digital ecosystem,” said Dr. Krish, CEO of UniCloud Africa Limited.
He disclosed that his focus at UniCloud Africa is on driving high-growth partnerships and scaling the next generation of resilient, sustainable cloud infrastructure, and will deploy GPUs in certain economies based on market potential and need.
While admitting that the challenges from AI integration to the green energy transition are immense, Dr Krish believes that the opportunities are greater. “I am eager to collaborate with our partners and customers to redefine the digital frontier and accelerate the evolution of the African digital ecosystem,” he added.
Ladi Okuneye, Co-founder and outgoing CEO (who remains as a director on the board) remarked: “As we enter this new chapter of growth, I am confident that Dr Krish’s extensive experience in the African digital landscape will add immense value. His technical depth and regional insight make him the ideal leader to drive UniCloud Africa forward.”
Before he was appointed CEO of UniCloud Africa, Dr. Krish was, until last month, the Regional Executive – West Africa at the Africa Data Centres (ADC).
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