News
State of Emergency: Growing Army of Half-Baked Graduates

The future of over 80,000 computer science students in the county look bleak unless something urgent is done to underpin the educational curriculum and halt the spiraling decay in the system, Nigeria CommunicationsWeek has learnt.
These students are about to join the growing army of half-baked graduates who are victims of the mess in the current curriculum in Nigeria’s schools because it lacks information and communications technology (ICT) ingredients.
Problems ranging from lack of political will on the part of the government; brain-drain; and poor facilities have all joined hands to prevent Nigeria from producing graduates who can contribute to the creation of knowledge driven economy or so called new economy.
Chris Uwaje, president, Institute of Software Practitioners of Nigeria (Ispon), described the situation as dire while expressing worries that the country is unwittingly exposing itself to unregulated and unwholesome deployment of foreign application software in key, critical and sensitive areas of the national economy, especially in Federal Government operations.
He said that students under the aegis of Nigerian Association of Computer Science Students (Nacoss) must be bequeathed with laboratories, software incubators and integrated into governments’ contracts execution, as major economic players.
Uwaje also called for a national software development policy and conscious IT legislation to mitigate the negative impact of dearth in infrastructure and bridge the digital divide.
Nigeria CommunicationsWeek gathered that Nigeria’s several attempts to develop a comprehensive blueprint for the ICT sector have failed because they are either short in prescription or deficient in outlook.
Engineer Florence Seriki, managing director/CEO, Omatek Computers, at the recent the stakeholders meeting on the ICT draft policy captured it aptly when she said that the document did not have any incentive to grow ICT based institutions for on-ward manufacturing.
Seriki said that “No ICT document will be such flourishing if it fails to recognize the importance of manufacturing revolved round ICT, diversification of manufacturing.
An ICT based institution may not be fruitful without manufacturing, particularly in SME level. The need for a concerted effort to ensure local content, or locally based manufacturing blueprint cannot be over emphasized.
As it is the draft policy is in short of this aspect economic development, especially as we are targeting vision 20:2020.”
But Uwaje said that Nigeria can still rebuild the economy if it can galvanize the teeming youth into the economic transformation agenda through IT master plan that incorporate software development.
“Nigeria can (in collaboration with her science and technology Diaspora knowledge base) build large software development entities and factories and consequently reduce the nation’s unemployment index by creating abundant employment of about 10 million Nigeria youths, who currently harbour uncountable software factories in their heads; willing to explode and be converted into national wealth, but currently wasting away and forced to sell nothing but pure water” he added.
Nigeria CommunicationsWeek gathered that Uwaje’s call is not new to the government which has consistently ignored compelling need to raise a new generation of ICT driven graduates.
Nigerian leaders still pay no attention to the complete makeover of the schools’ curriculum.
When they pretend they pay attention, it is too little to make any impact and that why the country has continued to produce semi educated school leavers.
Particularly disturbing is the fact that most Nigerian graduates leave institutions of higher learning without even touching a computer, leaving them without requisite skills to integrate into the ICT driven business environment.
It is still common place to find the traditional chalk and duster approach in school pedagogy because most school teachers from primary to tertiary lack the skills to fully utilize technology in curriculum implementation.
It is so bad that 80per cent of the Nigerian universities and polytechnics, offering Computer Science as a course still include obsolete topics in their curriculum.
Nigeria CommunicationsWeek had in recent editorial urged the government to develop an effective curriculum that includes communications, numeracy, information technology, and social skills units, with specific, specialized teaching of each.
The newspaper also urged to government to important to attract and retain qualified and experienced IT lecturers as well as build state_of_the_art laboratories.
This is because education is widely seen as one of the fastest ways to promote development.
The argument is that education empowers people and provides them with skills that stimulate all facets of development.
News
PalmPay Reinforces Commitment to Youth Empowerment on International Youth Day

As the world marks International Youth Day, attention once again turns to the opportunities and challenges facing young people as they prepare for work, financial independence, and adulthood.

In Nigeria, the urgency is clear. According to UNICEF, about 7% of young people aged 15–24 possess basic ICT skills, highlighting a wider gap in the skills required to participate effectively in an increasingly digital economy.
At the same time, the Federal Government, through the Federal Ministry of Youth Development, continues to prioritize skills development, job creation, entrepreneurship and social inclusion.
For PalmPay, youth empowerment goes beyond corporate social responsibility. It is an investment in the people who will shape Nigeria’s workforce, businesses and economy.
This belief is reflected in initiatives focused on financial literacy, employability, digital skills and access to opportunities.
Through its Graduate Trainee Programme, PalmPay provides young graduates with opportunities to gain workplace experience, develop professional skills and build careers in a fast-evolving industry.
The investment also extends to financial education. Through its NYSC Financial Literacy Programme, PalmPay brings practical financial education to young Nigerians at an important transition point, helping Corps members develop better habits around saving, spending, budgeting and protecting their money.
For young women, Purple Woman provides another pathway to economic empowerment, creating opportunities for internships, learning and professional development while supporting greater female participation in the technology sector.
Speaking on the importance of youth empowerment, Chika Nwosu, Managing Director of PalmPay Nigeria, said: “Nigeria’s young population is one of its greatest assets, but unlocking its potential requires access to the right skills, knowledge and opportunities. At PalmPay, we are committed to equipping young Nigerians to learn, earn and thrive in an increasingly digital economy. We believe that investing in young people today is an investment in a stronger, more inclusive Nigeria.”
These initiatives reflect a broader belief that youth empowerment is most meaningful when young people are given the knowledge, exposure and opportunities to apply what they learn.
A graduate given workplace exposure today can become tomorrow’s business leader. A Corps member who develops sound financial habits can carry those lessons into their career and personal life. A young woman given access to professional opportunities can gain the confidence, experience, and networks to create opportunities for others.
Investing in young people is a great strategy for building a stronger, more productive, and more inclusive economy.
This International Youth Day, PalmPay reaffirms its commitment to investing in young Nigerians and contributing to a broader national ambition where the young population is not just counted, but equipped, employed, empowered, and positioned to lead.
News
Moove Achieves Unicorn Status With $250m Funding

Mobility technology company, Moove has raised $250 million in a Series C funding round at a valuation of $2.1 billion, reaching unicorn status.

The startup will deploy the fresh capital to build out autonomous vehicle infrastructure, expand fleet ownership, construct robotics-focused “Nests” for charging and maintenance, and grow its autonomous workforce from 150 to 500 by year-end.
The company plans to enter additional global markets, reflecting a strategy to build the operational infrastructure required for large-scale autonomous transportation rather than simply supplying vehicles.
Led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific, the round also included new investors BlueCrest Capital Management, Sona Asset Management and The Raptor Group, alongside existing backers BlackRock, MUFG, Franklin Templeton and Uber.
“Autonomous mobility is becoming an infrastructure race requiring fleets, charging systems, maintenance, data infrastructure and continuous city-level operations,” said Ladi Delano, co-founder, co-CEO and advisory board chairman of Moove.
Founded in Lagos in 2020, Moove has grown into a global mobility platform employing about 3,300 people across 29 cities in 13 countries, operating approximately 42,000 vehicles and reaching $420 million in annualised recurring revenue.
It has expanded organically and through acquisitions, including Kovi in Brazil and Tokyo Taxi in Japan. Moove also operates autonomous vehicle fleets in partnership with Waymo in Phoenix and Miami, with London expected to join its footprint.
The $2.1 billion valuation places Moove among Africa’s small group of tech unicorns, alongside Flutterwave, OPay, Moniepoint, Andela, Chipper Cash, Wave, Tyme, MNT-Halan and Interswitch.
The $250 million round is the largest single funding deal announced by an African startup this year, though EV mobility firm Spiro raised $270 million cumulatively across two separate rounds.
News
Heirs Life Names Pastor Jerry Eze Board Member, Targets Greater Financial Inclusion

Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its Board, effective August 10, 2026.

L – R: Tony Elumelu, Chairman, Heirs Life Assurance; Pastor Jerry Eze, incoming director, Heirs Life Assurance
The appointment reinforces Heirs Life Assurance’s commitment to expanding financial inclusion and accelerating insurance adoption by strengthening public trust, consumer education, and long-term financial resilience across Nigeria.
Despite being Africa’s largest economy, Nigeria’s insurance penetration remains below one percent – among the lowest globally – highlighting the need to expand financial protection and build greater public trust in insurance.
As Heirs Life continues to pursue its mission of making insurance accessible to every Nigerian, Eze’s appointment brings a unique perspective on community engagement, value-based leadership, and broad societal impact.
Pastor Jerry Eze is the Founder and Lead Pastor of Streams of Joy International Ministry, a growing multinational ministry with 34 branches across West Africa, Southern Africa, Europe and North America.
He is also the convener of the New Season Prophetic Prayers and Declaration (NSPPD), one of the world’s largest digital prayer platforms, reaching millions of people daily. Through his ministry and humanitarian initiatives, he has become one of Africa’s most influential voices, championing hope, compassion, and community transformation.
Beyond ministry, Eze is the Founder of the Jerry Eze Foundation, a faith-led philanthropy where he provides housing support and grants to vulnerable and underserved communities.
In 2026, he announced N1billion in grants to support young entrepreneurs across agriculture, technology, and manufacturing, further advancing enterprise development and economic opportunity.
Before entering full-time ministry, Pastor Jerry Eze built a career in development communications, serving as a Communications Specialist on a World Bank HIV/AIDS programme and with the United Nations Population Fund (UNFPA).
He holds a Bachelor’s degree in History and International Relations from Abia State University and a postgraduate degree in Business Administration from Enugu State University of Science and Technology.
Speaking about the appointment, Tony O. Elumelu, CFR, Chairman, Heirs Life Assurance, said: “Pastor Jerry brings an exceptional combination of integrity, influence, and a deep understanding of people and communities.
“As we continue our mission to democratise access to insurance, his insight will help strengthen consumer trust, deepen financial inclusion, and reinforce our commitment to protecting the financial future of millions of Nigerians.
“We are delighted to welcome him to the Board of Heirs Life Assurance and the broader family of Heirs Insurance Group.”
Commenting on his appointment, Pastor Jerry Eze said: “I am honoured to join the Board of Heirs Life Assurance at a defining moment for the insurance industry. Financial security empowers individuals, families, and businesses to pursue their aspirations with greater confidence and resilience.
“I look forward to working with the Board and Management to advance the company’s mission of making insurance more accessible, relevant, and impactful for every Nigerian.”
Heirs Life Assurance has become one of Nigeria’s leading specialist life insurance companies, ranking 7th on the Financial Times list of Africa’s fastest-growing companies.
It is one of the three insurance businesses of Heirs Holdings, the leading pan-African investment company, with investments across 24 countries and four continents.
Combining an omni-channel digital presence with physical branches spread across the country, Heirs Life continues to redefine life insurance through innovation, customer-centric solutions, and a commitment to making financial protection accessible to every Nigerian.
Heirs Insurance Group, comprising Heirs Life Assurance, Heirs General Insurance, and Heirs Insurance Brokers, collectively serves over 3 million people directly and indirectly.
The Group is championing financial inclusion and leading the digital insurance play in Nigeria, demonstrating its mission to democratise access to insurance.
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