Technology
GITEX 2024: Lagos Targets $3m Tech Investments
By Adedapo Adesanya
The Lagos State Government intends to get over $3 million in investments as a team of policymakers and executives travelled to GITEX 2024, holding in Dubai, the United Arab Emirates.
According to the Lagos State Commissioner for Science, Technology and Innovation, Mr Tunbosun Alake, the state eyes these investments in the technology sector.
“Lagos State has begun to reap some benefits from its attendance and collaborations at the past editions of GITEX. The state, is however, looking at increasing its size of investments in technology and innovation.
“GITEX provides a platform for global investment and partnership facilitation, we plan to utilize this for greater inward investment flows into our ecosystem.
“Since 2022, we have taken some startup companies to GITEX, who in turn have won grants, global partnerships, and finished in top positions in competitions, such as the Supanova competition where our startup firms got to an appreciable level. This is Governor Babajide Olusola Sanwo-Olu’s vision for the ecosystem,” the Commissioner stated.
Mr Alake added that start-ups from Lagos have now been expanding to other markets, expressing the state government’s desire to drive further government-to-government partnerships between Lagos and the United Arab Emirates and the Dubai Government.
The Commissioner said that Lagos visibility in the tech ecosystem is paramount, and this has been achieved to a greater length with the State’s presence and contributions at GITEX.
“We are proud to say that our attendance has yielded positive results as the Dubai World Trade Centre has expressed interest in hosting the global technology event in Lagos at a date to be announced in due course. This will no doubt bring direct and indirect benefits to the State and will add to the growing economy of Lagos,” Mr Alake said.
GITEX 2024 will hold at the prestigious Dubai World Trade Center in Dubai, the United Arab Emirates, from October 13 to 18.
The Deputy Governor of Lagos State, Mr Obafemi Hazmat, will lead the state’s delegation to the global technology event.
He is expected to participate in some high-profile activities, fireside chats and scheduled meetings with some investors and government leaders with the aim of attracting investments to Lagos.
GITEX, the biggest tech show in the world, connects people with industry leaders from big tech, global governments, innovative startups, expert investors, and corporate buyers. It is a technology expo held annually at the Dubai World Trade Center in the United Arab Emirates.
The event underpins the rapid technology-driven transformations, investments, and projects shaping the economies of the Middle East, Africa, and Asia.
This year, the Lagos State contingent is characterized by technology ecosystem companies and startups in areas such as Organisational ERP management, robotics, and software development among others.
Each of these companies is driving value in the Lagos and Nigerian economy. Previous attendances by the state have driven value to Lagos, bringing investment opportunities into the tech space and also enhancing the capacity of tech start-ups.
Technology
Leticia Otomewo Becomes Secure Electronic Technology’s Acting Secretary
By Aduragbemi Omiyale
One of the players in the Nigerian gaming industry, Secure Electronic Technology (SET) Plc, has appointed Ms Leticia Otomewo as its acting secretary.
This followed the expiration of the company’s service contract with the former occupier of the seat, Ms Irene Attoe, on January 31, 2026.
A statement to the Nigerian Exchange (NGX) Limited on Thursday said Ms Otomewo would remain the organisation’s scribe in an acting capacity, pending the ratification and appointment of a substantive company secretary at the next board meeting.
She was described in the notice signed by the Managing Director of the firm, Mr Oyeyemi Olusoji, as “a results-driven executive with 22 years of experience in driving business growth, leading high-performing teams, and delivering innovative solutions.”
The acting secretary is also said to be “a collaborative leader with a passion for mentoring and developing talent.”
“The company assures the investing public that all Company Secretariat responsibilities and regulatory obligations will continue to be discharged in full compliance with the Companies and Allied Matters Act, applicable regulations, and the Nigerian Exchange Limited Listing Rules,” the disclosure assured.
Meanwhile, the board thanked Ms Attoe “for professionalism and contributions to the Company during the period of her engagement and wishes her well in her future endeavours.”
Technology
Russia Blocks WhatsApp Messaging Service
By Adedapo Adesanya
The Russian government on Thursday confirmed it has blocked the WhatsApp messaging service, as it moves to further control information flow in the country.
It urged Russians to use a new state-backed platform called Max instead of the Meta-owned service.
WhatsApp issued a statement earlier saying Russia had attempted to “fully block” its messaging service in the country to force people toward Max, which it described as a “surveillance app.”
“Today the Russian government attempted to fully block WhatsApp in an effort to drive people to a state-owned surveillance app,” WhatsApp posted on social media platform X.
“Trying to isolate over 100 million users from private and secure communication is a backwards step and can only lead to less safety for people in Russia,” it said, adding: “We continue to do everything we can to keep users connected.”
Russia’s latest move against social media platforms and messaging services like WhatsApp, Signal and Telegram comes amid a wider attempt to drive users toward domestic and more easily controlled and monitored services, such as Max.
Russia’s telecoms watchdog, Roskomnadzor, has accused messaging apps Telegram and WhatsApp of failing to comply with Russian legislation requiring companies to store Russian users’ data inside the country, and of failing to introduce measures to stop their platforms from being used for allegedly criminal or terrorist purposes.
It has used this as a basis for slowing down or blocking their operations, with restrictions coming into force since last year.
For Telegram, it may be next, but so far the Russian government has been admittedly slowing down its operations “due to the fact that the company isn’t complying with the requirements of Russian legislation.”
The chat service, founded by Russian developers but headquartered in Dubai, has been a principal target for Roskomnadzor’s scrutiny and increasing restrictions, with users reporting sluggish performance on the app since January.
Technology
Nigerian AI Startup Decide Ranks Fourth Globally for Spreadsheet Accuracy
By Adedapo Adesanya
Nigerian startup, Decide, has emerged as the fourth most accurate Artificial Intelligence (AI) agent for spreadsheet tasks globally, according to results from SpreadsheetBench, a widely referenced benchmark for evaluating AI performance on real-world spreadsheet problems.
According to the founder, Mr Abiodun Adetona, the ranking places Decide alongside well-funded global AI startups, including Microsoft, OpenAI, and Anthropic.
Mr Adetona, an ex-Flutterwave developer, also revealed that Decide now has over 3,000 users, including some who are paying customers, a signal to the ability of the startup to scale in the near future.
SpreadsheetBench is a comprehensive evaluation framework designed to push Large Language Models (LLMs) to their limits in understanding and manipulating spreadsheet data. While many benchmarks focus on simple table QA, SpreadsheetBench treats a spreadsheet as a complex ecosystem involving spatial layouts, formulas, and multi-step reasoning. So far, only three agents rank higher than Decide, namely Nobie Agent, Shortcut.ai, and Qingqiu Agent.
Mr Adetona said SpreadsheetBench measures how well AI agents can handle practical spreadsheet tasks such as writing formulas, cleaning messy data, working across multiple sheets, and reasoning through complex Excel workflows. Decide recorded an 82.5% accuracy score, solving 330 out of 400 verified tasks.
“The result reflects sustained investment in applied research, product iteration, and learning from real-world spreadsheet workloads across a wide range of use cases,” Mr Adetona told Business Post.
For Mr Adetona, who built Decide out of frustration with how much time professionals spend manually cleaning data, debugging formulas, and moving between sheets, “This milestone highlights how focused engineering and domain-specific AI development can deliver frontier-level performance outside of large research organisations. By concentrating on practical business data problems and building systems grounded in real user environments, we believe smaller teams can contribute meaningfully to advancing applied AI.”
“For Decide, this is a foundation for continued progress in intelligent spreadsheet and analytics automation,” he added.
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