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Pan Atlantic University Honours 69 Pioneer First-degree Graduates

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Pan-Atlantic University on Saturday, December 1, 2018, honoured 69 candidates as pioneer first-degree holders at the 15th convocation ceremony of the institution.

Nineteen candidates graduated in Accounting, 25 in Business Administration and 25 in Mass Communication.

Miss Oluwadarasimi Tijani who studied Accounting scored a CGPA of 4.93 out of 5 to top the graduating class. Augustine Chukwuma Nwosu with 4.60 CGPA led the Mass Communication class while Kehinde Olaide Kehinde with 4.90 led in Business Administration. Miss Chisimchere Akunna Chukwu of the M.Sc. Journalism stream topped the master’s degree class.

Dr Kizito Alakwe, an entrepreneur in the integrated marketing communication space, emerged the first to earn a Doctor of Philosophy degree in Media and Communication from the School of Media and Communication.

Pan-Atlantic University awarded certifications to 235 successful candidates at the 15th convocation. The candidates emerged from three schools of the institution, namely the Lagos Business School (LBS), the School of Management and Social Sciences (SMSS) and the School of Media and Communication (SMC).

They included four candidates from the Post Graduate Diploma in Media and Communication, 34 in the full-time M.Sc. in Media and Communication, seven from the part-time and one in the Doctor of Philosophy programme.

The MBA programme of the Lagos Business School graduated 117 candidates. There were 27 from the full-time programme; 69 from the Executive MBA, 21 from the Modular Executive MBA. There were also a successful MPhil and two PhDs in Business Administration.

Pioneer professor of entrepreneurship at the Lagos Business School of the university, Prof Pat Utomi, gave the convocation lecture. He affirmed that education matters and made the difference between Africa and Europe in development. The question Does Education Matter? arose in the South East as the aftermath of the civil war as the trader-entrepreneurs seemed to make faster progress in material terms and the society tended to value material progress above all else.

Studies and experience have shown however that education, healthcare and culture are pillars of progress for societies across all areas of development, Prof Utomi stated. While the whims of government policy may hobble the trader, the educated man can more readily change course relying on the solid foundation of his education.

He charged the new graduates to go out as “values-driven leaders” confident in their capacity to tackle the challenges of a changing world including the age of the Fourth Industrial Revolution.

Pan Atlantic University is a private institution of higher learning located in Lagos. It commenced with the Lagos Business School.

LBS offers several MBA programmes and provides experienced managers with high-quality general management education relevant to the Nigerian business environment. It offers open-enrolment seminars, the MBA and a PhD in Management. It has multiple accreditations.

The School of Media and Communication emerged in recognition of the critical role of the media and entertainment industries in shaping societal values and cultural life and the growing contribution of the creative industries to the Nigerian economy.

It offers the BSc in Mass Communication and Information Science and Media Studies, full and part-time MSc and PhD in Media and Communication as well as certificate programmes for professionals.

The School of Management and Social Science aims to deliver economic and business education relevant to a rapidly evolving global environment. SMSS offers BSc programmes in accounting, business administration and economics and a doctoral programme in management.  The Enterprise Development Centre offers opne-enrolment programmes to develop entrepreneurial capacity in small and medium scale enterprises.


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Cybervergent Expands to Three New Markets

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Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.

It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.

An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.

It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.

According to  Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.

Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.

The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.

“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”

Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.

The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.


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FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

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Federal Government has directed recipients of honorary doctorate degrees to stop using the title “Dr.” before their names, as part of efforts to protect the integrity of academic qualifications and curb the misuse of honorary awards.

FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

Minister of Education, Tunji Alausa

Minister of Education, Tunji Alausa, announced the directive after the approval of the new policy by the Federal Executive Council (FEC).

Alausa said the measure was necessary to address the growing abuse, commercialisation and politicisation of honorary degrees in some tertiary institutions across the country.

He explained that honorary doctorates are symbolic recognitions of outstanding contributions to society and do not equate to earned academic qualifications obtained through rigorous study, research and examination.

“Recipients of honorary doctorate degrees are not entitled to use the title ‘Dr.’ as a prefix to their names in official, professional or academic engagements,” he said.

According to the minister, awardees may instead indicate the honorary distinction after their names using formats such as D.Litt (Honoris Causa), LL.D (Honoris Causa) or other approved honorary designations.

Under the revised policy, only universities with active doctoral programmes will be permitted to confer honorary doctorate awards.

The government also restricted recognised honorary awards to four categories: Doctor of Laws (LL.D), Doctor of Letters (D.Litt), Doctor of Science (D.Sc), and Doctor of Humanities (D.Arts).

In addition, all honorary degree certificates must clearly carry inscriptions such as “Honorary” or “Honoris Causa” to distinguish them from earned academic degrees.

The minister warned universities against indiscriminate conferment of honorary degrees, noting that institutions found violating the directive would face sanctions from the National Universities Commission and the Federal Ministry of Education.

He said the policy was part of broader reforms aimed at restoring credibility to Nigeria’s higher education system and ensuring academic titles are not misrepresented for personal, political or financial gains.

Observers say the development could reshape the long-standing culture where public office holders, business executives and celebrities often adopt the “Dr.” title after receiving honorary awards.


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Africa Fintech Revenues to Hit $65 billion by 2030 – Report

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African fintech revenues are projected to expand 13-fold to approximately $65 billion by 2030, marking the continent as the world’s fastest-growing digital finance market.

The “Beyond Payments: Unlocking Africa’s Second FinTech Wave ” report, released by Boston Consulting Group at the Inclusive FinTech Forum in Kigali, indicates the sector is shifting from transactional inclusion to scalable, infrastructure-driven systems.

While Sub-Saharan Africa accounts for 74% of global mobile money volume, more than 50% of lending still occurs through informal channels, representing a massive gap for B2B payments and data-driven underwriting.

The opportunity now is to convert scale into sustained, institutional-grade growth, says the report. Markets offering regulatory clarity and interoperable infrastructure are becoming increasingly attractive to long-term capital.

Rwanda is highlighted as an example of deliberate institutional coordination that lowers the cost to scale for financial institutions.

Forward-looking regulation and the License Passporting Memorandum of Understanding between Rwanda and Kenya are cited as practical steps toward easing regional expansion.

Financial centres like the Kigali International Financial Centre play a critical role in this next phase by reducing uncertainty for banks and investors.

By combining regulatory clarity and Pan-African integration, they reduce uncertainty for banks, fintechs, and investors, and help position markets as credible, long-term investment destinations.

Africa’s next fintech phase will be led by financial institutions, the report notes. It goes on to say banks and regulated entities are becoming the primary customers of digital financial infrastructure, demanding platforms that align with their risk frameworks.

The report identifies five institutional priorities to sustain momentum: interoperable infrastructure, data-driven credit, regulatory coherence, trust, and resilience.

Building seamless wallet-to-bank integration will enable more efficient value movement, while transforming transaction data into AI-enabled underwriting models will help bridge the gap in SME lending.

Proportional licensing frameworks and predictable supervisory practices will lower the cost to scale for innovators. Furthermore, expanding cybersecurity capabilities will ensure the ecosystem remains reliable as digital usage grows.

Africa has demonstrated that fintech scale is achievable, and the next decade will be shaped by those markets that strengthen their institutional foundations, the report concludes.

 


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