E-Business
TETFund Develops Software to Track Expenditures

The Tertiary Education Trust Fund, TETFund, said it has developed a project impact tracking system to evaluate the correlation of its spending on research and results so far achieved.

Prof. Suleiman Bogoro, the Executive Secretary of TETFund, who disclosed this, also expressed optimism that the annual allocation to the National Research Fund, NRF, will hit N10 billion in 2022.
“We realised that we need to know the impact of our research and so we have worked on and concluding a process of software that will help us to evaluate the impact of the research grants, so that we are not just throwing money on research exercise but we need to evaluate the impact, ” he said.
He spoke at a virtual meeting on ‘Democratization of Higher Education in Nigeria through Open Access,’ co-hosted by TETFund and the Training Centre in Communication, Nairobi, as part of activities to mark International Open Access Week.
According to him, the agency’s Board of Trustees had recently approved N8.5 billion as 2021 allocation for NRF.
Bogoro said following the agency’s proposal, the Board of Trustees’ had in 2019 graciously approved N5 billion for NRF, which was raised to N7.5 billion in 2020 and N8.5 billion in 2021.
His words : “Over the last two and half years now, we have raised funds available for research. They are two categories; institution based and National Research Fund.
“The institution based has a ceiling of about may be N3,600 US dollars and it is for mainly basic research while the higher ceiling grant of about 92 or 93 US dollars is the National Research Fund aimed at promoting applied research, and to that extent, in 2019 I made case to the Board of Trustees of TETFund to increase the threshold.
”It used to be a kind of seed money. Seed money of N4 billion for eight years but from the year 2019 to last year and this year, we increased it to N5 billion annually. Last year we increased it from N5 billion to N7.5 billion and this year it is N8.5 billion and we are hoping in 2022 it will move to N10 billion.
He said NRF is one of the major platforms put in place by the government through TETFund to support the academic community in research to achieve specific objectives, particularly in the area of science, technology and innovation.
While expressing the readiness of TETFund to always mainstream open access/science through massive support for Research and Development (R&D), Bogoro said the Fund had recently established 12 Centres of Excellence across the country.
He said the move was aimed at supporting cutting-edge research mainly in universities so as to provide solutions to various problems bedeviling the society as well as position Nigeria as a major player in the knowledge economy.
“We are increasing emphasis on Science, Technology and Innovation to solve societal problems,” Bogoro said, even as he said democratisation of higher education in Nigeria would improve more access to research and its supportive platforms to the schools and the society.
Also speaking at the webinar, the Technical Adviser to the TETFund’s Executive Secretary, Dr Popoola Mustapha Ayodele, harped on the decolonisation of education research and technology in Africa.
“Our educational system is still colonised, we must do away with old traditions and adopt new paradigms…., the traditional practice of closed systems should be done away with,” Popoola said.
Popoola, who spoke on ‘Democratisation of Higher Education in Nigeria, Open Access Landscape and TETFund’s Intervention for Open Science Adoption,” said the agency is leaving no stone unturned to revolutionise R&D in the country to benefit all.
While saying TETFund’s intervention lines on open science include the establishment of 12 Centres of Excellence in universities, Popoola said the agency will soon establish the second set of 12 centres to be shared equally among polytechnics and colleges of education.
On his part, the Director of Distance, Open and eLearning of the National Universities Commission (NUC), Odedina Kayode, lamented the problem of access in the Nigerian university system both in terms of materials and admission of students.
Odedina said while there are 201 universities in the country, only about 30 per cent from over a million candidates that apply for admission every year scale through the hurdles.
He, however, restated NUC’s commitment to take steps that will usher in easy access to materials and open learning to boost research output in the country.
Mr Daryl Naylor of Digital Science, who also spoke at the event, assured of the readiness of his organisation to always support open access initiatives in Africa.
E-Business
NDPC Probes UNILAG, Lotus Bank, Hackerbella over Alleged Students’ Data Misuse

Nigeria Data Protection Commission (NDPC) has commenced a forensic investigation into the University of Lagos (UNILAG), Lotus Bank and Hackerbella Ltd over alleged violations of data protection laws involving students’ personal information.

The investigation follows public complaints alleging that students’ personal data were used to open bank accounts without a lawful basis.
Dr Vincent Olatunji, national commissioner and chief executive officer of the NDPC, directed the investigation team to conduct a comprehensive assessment of the circumstances surrounding the collection, processing, use and disclosure of the affected students’ personal data.
The investigation will also determine the respective roles and responsibilities of UNILAG, Lotus Bank and Hackerbella in the alleged processing of the data.
According to the Commission, the investigation will assess the data protection compliance obligations of the parties under the Nigeria Data Protection Act, 2023 (NDP Act), as well as potential risks posed to the rights and freedoms of the affected data subjects.
The NDPC said the probe would cover several areas, including Data Protection Impact Assessments (DPIAs), the lawfulness and transparency of credit scoring or profiling activities, and the use of automated decision-making systems.
It will also examine the adequacy of privacy notices, data-sharing arrangements, lawful bases for processing, data minimisation and purpose limitation.
Other areas include data retention policies and the adequacy of technical and organisational measures put in place to safeguard the rights and personal data of affected students.
The Commission reiterated that institutions entrusted with the personal data of students, staff and other members of their communities have a heightened responsibility to ensure that such information is processed lawfully, fairly, transparently and securely.
The NDPC therefore warned educational institutions that are yet to comply with its existing data protection compliance directives to take immediate steps to achieve compliance.
The Commission said it would continue to exercise its regulatory mandate to protect the privacy rights of Nigerians and ensure that organisations processing personal data comply with the provisions of the Nigeria Data Protection Act, 2023.
E-Business
Microsoft to Unveil Next-generation AI Chip in September

Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans.

The company introduced its Maia AI chip in November 2023 but has lagged rivals such as Alphabet and Amazon in scaling up its in-house chip efforts as it seeks to reduce its reliance on Nvidia’s costly processors.
Google began recognizing revenue from direct sales of its custom AI chips, called Tensor Processing Units, in the quarter ended June, while Amazon has also seen growing adoption of its processors, including its Trainium chips.
Microsoft has been in talks with chipmaker TSMC to secure manufacturing capacity for more than 300,000 units of the chip for delivery in 2027, according to the report. It is also looking to significantly ramp up production and persuade major cloud customers such as Anthropic to adopt the chip.
Microsoft ultimately aims to secure capacity for more than 1 million Maia 300 chips, though component supplies and ongoing capacity negotiations with TSMC could constrain its plans, according to the report.
It unveiled its second-generation Maia 200 in January, built by TSMC using 3-nanometer technology.
Microsoft packed the chip with a significant amount of SRAM, a type of memory that can provide speed advantages for AI systems handling large numbers of user requests.
E-Business
X Replaces Revenue Sharing wit New Creator Rewards Programme

X has announced plans to discontinue its Revenue Sharing programme and introduce a new Original Content Rewards programme to reward creators for producing original content on the platform.

The social media company announced the changes at the weekend in a post on its X Creators handle, saying the new programme would reward creators who contribute original content.
“Today, we’re introducing the Original Content Rewards Program, a new way to reward creators who bring original ideas, expertise, reporting, creativity, and commentary to X,” the company said.
X said it would stop accepting new enrolments into the Revenue Sharing programme from Friday, while existing participants would continue earning until September 7, 2026.
“Starting today, we’re no longer accepting new enrollments into Revenue Sharing,” it said.
According to the company, existing Revenue Sharing participants will receive three final payouts, with two scheduled for August 14 and August 28, while the final payment for earnings accrued through September 7 is expected around September 11.
X said existing Revenue Sharing participants would begin getting access to apply for the new programme from September 8, subject to meeting its eligibility requirements.
The first payout under the Original Content Rewards programme will be made on August 28, 2026, while existing Revenue Sharing creators who enrol in the new programme from September 8 will receive their first payment on September 25.
Under the new programme, eligible creators will earn from qualified impressions generated by their original content, with payments made every two weeks.
X defined qualified impressions as unique impressions from Premium users on the Home Timeline feed, where at least 50 per cent of a post is visible.
On the other hand, “The following are excluded from qualified impressions: impressions from the same account counted more than once per post; paid, promoted, or artificially generated impressions; and fraudulent impressions,” it said.
To qualify, creators must be at least 18 years old, live in a country where the programme is available, maintain an account in good standing and have either a personal or vusiness account.
They must also subscribe to X Premium, Premium+ or Premium Business, have at least 500 verified followers and record at least 500,000 Home Timeline impressions from verified users within the previous 90 days.
X said creators must also regularly post original content to remain eligible.
“We want to recognize creators who break news, share expertise, tell stories, create entertainment, and contribute meaningful perspectives to the conversation,” the company said.
The platform said original content could include threads, videos, memes, graphics, illustrations, reporting, analysis, commentary and reactions that add meaningful value to existing conversations.
It said creators who use content produced by others would need to add meaningful commentary, context, analysis, humour or creative transformation for such posts to qualify.
“Building on existing conversations is a core part of X, but simply reposting someone else’s content is not enough,” it said.
X said minor edits such as cropping, filters, borders, watermarks, speed adjustments or simple text overlays would generally not qualify as meaningful transformation on their own.
It also warned that content copied or substantially reproduced from another creator, content downloaded and re-uploaded from X or another platform without being the original author’s, automated content, disinformation and misleading content would be ineligible.
The company said accounts that violate the programme’s requirements could be temporarily or permanently removed from it, depending on the severity of the violation.
It added that creators would be responsible for ensuring they had the necessary rights, permissions or licences to use content created by others.
“Original content is content you personally create that reflects your own voice, perspective, expertise, or creativity,” X said.
The company said the new programme was intended to reward creators who make the platform more valuable by bringing original ideas and perspectives to its conversations.
“The Original Content Rewards Program is designed to reward the creators who start them, shape them, and move them forward,” it said.
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