E-Business
Noel Technology to Launch University Administrative System Solutions
Noel Information Technology has positioned to transform management of Nigerian universities with the launch of University Student System (UniSS) solution tailored to that effect.
Berhane Yemane, CEO, who was in Nigeria recently to explore the market for UniSS applications, and to assess universities software application needs and the availability of the IT infrastructure to run and maintain the software applications; told Nigeria CommunicationsWeek that the business model he presented to universities is what works in the western hemisphere – his company sells and implements the application and the client’s IT department handles the maintenance and support of the application.
He said that implementation of the UniSS application to individual universities could be expensive for universities to build the necessary IT infrastructures in order to implement and support the application, cost of training and support, and other costs related to implementation; and that the return on investment to automate the administrative functions may not justify the costs of customization, implementation and deployment of the application. Thus, the proposed business model.
“ I learned that wireless technology, Internet access, and networking are well developed in the country. Considerations must be given to power interruption issues and to plan ahead for energy availability when building the IT infrastructure. However, there is an apparent need for application software to process data and to report accurately.”
Yemane said he met with managing directors of several companies, groups of IT professionals, and knowledgeable and experienced individuals, and the feedbacks he received was that the UniSS application could be a revenue generating system that would cover the cost of development, implementation and support. The solutions discussed, he said, were to develop Web application portals to access the application and to centralize the IT infrastructure. That is, portal for students to register and enroll for classes online, access their results, and other information determined by the university; and portal for university administration to access information such as faculties, departments, courses, instructors, class schedules and events.
Technically, he said that UniSS application will run in the background and information will be inserted or accessed through the Web based application; all database actions will be performed by stored procedures to provide a better level of data security; the IT infrastructure will be centralized in one location to ensure that data security, maintenance and support is done in one location for all universities; and each university will be indentified by organization ID to ensure data integrity and security.
He enthused that universities stand to benefit as they would not need to build an IT infrastructure to run the application, no need to buy any hardware and software, no cost for building a centralized IT infrastructure since development, implementation, and support of software applications will be passed to the universities. “All the universities would need is access to the Internet to enable connectivity to the portals.”
Yemane added that revenues collected from students in the form of fees such as admissions or other fees, and fees from the universities, such as data maintenance, usage fees, or a one-time set up fee would cover the investment in building the IT infrastructure and supporting the applications on their part.
“ITS believes these solutions will be cost effective and will provide extreme benefits to the universities in terms of automating administrative functions, data integrity and security, easy access to data, availability of the system, and accurate reporting,” stated Yemane, adding that his organization will partner with a local company in order to have home representatives to ensure a timely response to the universities in time of need.
E-Business
Report Shows Start-ups Fuel Innovations in Africa

Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”
The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.
Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.
The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.
Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.
South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.
Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.
According to Bloomberg, a defining theme this year is the source of funding.
Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.
International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.
The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.
Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.
Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.
She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.
E-Business
NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC
The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.
Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer, NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.
The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”
Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.
According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.
He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.
“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.
Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.
He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.
According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.
Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.
He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.
According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.
Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.
E-Business
Anthropic Raises $65 Bn to Expand AI Research, Innovation

Anthropic, artificial Intelligence company, has said that it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.
Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.
The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.
Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.
The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.
Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.
Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
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