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Moniepoint Partners Nithub UNILAG to Train HatchDev Participants

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Moniepoint HatchDev Participants

By Modupe Gbadeyanka

As part of efforts to meet the target of equipping one million technical talents with the requisite knowledge to excel in the industry, Moniepoint has sponsored the training of the pioneer cohort of the HatchDev programme.

The HatchDev initiative is the brainchild of Nithub University of Lagos, designed to produce hundreds of market-ready software engineers every year.

The scheme, which runs for nine months and started in October 2022, aspires to shape 300 junior software engineers, 100 intelligent systems developers, and 100 IoT/embedded systems engineers.

The first beneficiaries have been trained to be readily absorbed into a market eager for their expertise after the completion of a three-month industry-specific internship.

Speaking on the success of the initiative, the VP of Engineering at Moniepoint, Mr Chukwudum Ekwueme, said, “Nigeria is a booming economy and with the innovative contributions of tech businesses, like Moniepoint, that are solving some of society’s critical issues, it is very gratifying to be a significant part of those giving local talent the training and tools they need to compete on a global stage.

“Also, this initiative aligns perfectly with our vision of empowering the next generation of tech leaders. We believe that by investing in talent development, we can accelerate Nigeria’s growth in the digital economy and contribute to the overall prosperity of our great nation.”

Also commenting, NitHub Director and HatchDev project lead, Mr Victor Odumuyiwa, said, “Nigeria is at a critical inflexion point at the moment as we continue to grow and develop our economy.

“As a new wave of technology companies emerge, and with increased digitalisation in every aspect of life, it’s vital that we have the local talent available here to ensure homegrown businesses can reach their full potential.

“That’s why courses like HatchDev are so valuable – we’re training Nigeria’s top future talent. We’re delighted to be working with Moniepoint to help bring this vision to life.”

Recall that the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, said the government would endeavour to create two million digital jobs.

The digital economy is rapidly expanding in Nigeria, though there is a pressing need for skilled tech talent because, according to estimates, there are only around 115,000 developers in Nigeria.

NItHub envisions a transformative approach to the use and creation of digital technology in Nigeria.

Moniepoint, with its extensive reach and influence, plays a pivotal role in this digital revolution and financial inclusion.

Currently, 1.6 million businesses across Nigeria rely on Moniepoint’s suite of payment, credit, and business management tools to achieve socio-economic growth and stability. The platform facilitates an average monthly transaction value of $12 billion, demonstrating its profound impact on businesses and the economy at large.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Leticia Otomewo Becomes Secure Electronic Technology’s Acting Secretary

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Secure Electronic Technology

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.”

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Russia Blocks WhatsApp Messaging Service

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WhatsApp Self Messaging Feature

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.

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Nigerian AI Startup Decide Ranks Fourth Globally for Spreadsheet Accuracy

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Nigerian AI Startup Decide

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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