News
TAMS Nigeria Supports CFAtech.ng to Host CFA’s Startups Hangout

Just less than two weeks for the June edition of CFA’s Startup Hangout to kick off, TAMS Nigeria has already ventured into a partnership with CFAtech.ng as part of its support to add value to startups.
The leading global provider of biometric, RFID readers for access control and time and attendance applications will offer free access to its software exclusively to startups SMEs that will attend the June edition of CFA’s Startups Hangout.
Added to this, startups at the end of the year, stand the chance of becoming TAMS Ambassadors, usually celebrated at the annual TAMS Summit.
Speaking about the partnership, Biodun Afolabi, founder of TAMS Nigeria, eulogized the efforts by the CFA Team to have a well thought out initiative like the CFA’S Startups Hangout.
“As part of our efforts too, to support this effort we will offer our application to startup SMEs that will attend the hangout and also offer a free training on how to use this application,” Afolabi said via a telephone call.
He explained that the TAMS application was borne out of the need to solve particular problems ranging from human resources to time management.
“As an entrepreneur, I knew about all these problems which lots of startup SMEs faces today. However, if an initiative like the CFA’s Startups Hangout were known during our time, most of the problems would have been averted then,” he added.
“The free software will help startups to manage their employees from recruitment to retirement,” says Chukwuemeka Fred Agbata, (CFA), the Founder of CFAtech.ng.
“Besides, the TAMS modules include; Payroll for Salaries and Tax Remittance, Staff Database Appraisal, Loan Manager, Attendance, etc.
He explained that CFAtech.ng is looking forward to the active support of more brands for subsequent monthly editions of this selfless mission to help many Nigerian Startups to learn, grow and sustain their businesses for the development of the Nigerian Entrepreneurial ecosystem and the Nigerian economy in general.
Nadu Denloye Ph.D. and Deepankar Rustagi will feature as key speakers for the June Edition of CFA’s Startups Hangout.
CFA said the hangout would have in attendance, two of the most successful serial Entrepreneurs in Nigeria to provide insights to startup entrepreneurs.
Nadu, is the Co-Founder of Telnet and Director, CDNet, Deepankar, the Co-founder, VConnect.com, a company he founded in 2010.
Past editions of the hangout had featured prominent Nigerian successful Entrepreneurs, such as Adeoye Abodunrin, ED, Xpos Technologies, Simeon Ononobi, Co-Founder, MyAdsGlobal, Helen Anatogu, CEO and Founder, iDea Nigeria, and Yele Okeremi Founder of Precise Financial Systems and others.
The CFA’s Startups Hangout serves as a strategic avenue for Startups to meet and learn from successful Entrepreneurs that grace each edition of the Startups Hangout, through divulging nuggets that will assist them to grow their various Startups as well as network and synergize among one another.
The media partners for the CFA’s Startups Hangout are Guardian Tech, CommunicationsWeek, and CFAtech.ng.
The June Edition of CFA’s Startups Hangout holds on June 23, 2017, at Adna Hotel, Ikeja GRA, Lagos, and registration is compulsory anybody,
Please, visit https://startups.cfatech.ng/ to register for the event.
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
Broadcasting2 days agoDavido Shares Past Suicidal Thoughts, Drops Oriadé Album
E-Business2 days agoHow Temu Helped a Madagascan Vanilla Family Business Sell Direct to Consumers Across Europe
General News2 days agoMTN Nigeria Posts N707.5bn H1 Profit, Declares N26 Interim Dividend
News2 days agoCisco Explores AI for Nigeria Farmers
General News2 days agoGavi Okays $500m for Vaccines, PHCs in Nigeria
News2 days agoAfCFTA Urges Africa to Stop Exporting Raw Materials
E-Business2 days ago82% of Organizations Concerned about AI Risks Even as Adoption Accelerates – Survey Reveals
General News2 days agoPolice Uncover Fake Diplomatic Number Plate Syndicate in Abuja














