Technology
Winners Emerge in NCDMB Local Content Hackathon
By Adedapo Adesanya
Five teams have emerged as winners in the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Nigerian Content Development and Monitoring Board (NCDMB).
At the event, which was held over the weekend in Lagos, the panel of judges picked projects from Fuel Intellisense, Homefort Energy, Gricd Mote, Kiakia Gas and Airsynq as the most innovative and bankable.
During the grand finale of the programme, which specifically took place on Saturday, 15 semi-finalists made presentations on their innovations.
Each of the five winning teams received a cheque of $10,000 equity-free grant and will proceed to participate in a 3-month incubation programme during which they will get workspace, expert mentors, global partners and market access to the nation’s oil and gas industry, ensuring they become commercial and investor-ready.
Speaking at the event, the Executive Secretary of NCDMB, Mr Simbi Wabote, announced that the board will support the five firms in their product development phase, drawing from the $50 million Nigerian Content Research & Development Intervention Fund.
The board’s support, he said, will go into helping the companies get patents for their innovations and produce prototypes, supporting them to conduct field trials, business start-up as well as provide industry linkages.
He, however, confirmed that the board’s funding would depend on the success of the product incubation phase, stressing that “the goal is to fund bankable businesses, not charities.”
He explained that the sponsorship of the NOGTECH Hackathon is within the board’s mandate, hinting that section 70 of the Nigerian Oil and Gas Industry Content Development Act empowers “the board to engage in targeted capacity and capability development interventions and conduct studies, research, investigation, workshops and trainings aimed at advancing the development of Nigerian content.”
In May 2020, during the height of COVID-19 lockdown, the board announced the event because it saw the opportunity to create a platform for local creation of digital technologies to solve problems for the Nigerian society.
He added that NCDMB was also keen to stimulate the participants to channel their intelligence and become successful entrepreneurs.
Mr Wabote counselled the five winning teams to be clear about their vision and strategy and retain their passion, stressing that their motivation should not be on making quick financial gains, rather on innovating solutions, making a difference and contributing to the society.
According to him, “All the greatest inventors, particularly in the technology space did not start by looking for money as the objective. They started because they wanted to make a difference and create a change. The prize money is not the key factor. It was meant to bring people together.”
“Once you have a passion for anything that you do, you will be successful. But once you put money first, you will be chasing money and it will be running away.”
He also advised other participants of the programme to stay committed, passionate and driven by value, stressing that there were many other routes to push their ideas to the market and the real winners are defined by the marketplace.
One of the winning teams is Fuel Intellisense, a project that will help fuel stations to get accurate data and avoid loss of revenue through syphoning underground fuel or stealing of fuel from different outlets. The project proposes to install a system that can be viewed remotely from anywhere, showing how much fuel was dispensed per day and what is left. The system will be installed on existing pumps and tanks.
Another project is Homefort Energy, which seeks to make cooking gas affordable and accessible to low-income families, whereby they can pay for gas using the pay as you go model. The initiative seeks to help millions of Nigerians, especially the rural poor to switch from using firewood or kerosene to cooking gas.
Another winning project is Gricd Mote and the proponents explained that it would provide cool shade transportation for temperature-sensitive items in the health sector and the oil and gas space and store them in correct conditions. The product will also provide monitoring for temperature humidity and locations of these items.
Kiakiais is another winning product and it seeks to get gas to the end-users while enabling them to know the quantity of gas left in their cylinders so that they don’t run out of gas in their homes. The system will also be used to order for gas and can be deployed by gas plant owners to manage sales in their plant.
The fifth project is Airsynq, a novel idea of balloon lifted satellite that uses helium to stay in flight up to about 2160 hours or about 90 days and having to come down for 24 hours routine maintenance. This technology can provide a year continuous area surveillance, with an artificial intelligence software that can help international oil companies and security teams monitor all the activities around areas where the balloon is deployed. The balloon goes through a routine of checking each image in real-time and then reports every activity that is happening with sensors that are able to pick out images from an altitude of about 3000 metres and with the balloon lifted satellite operating at about 3000 feet above the ground.
NOGTECH is the first-ever technology Hackathon in the Nigerian Oil and Gas industry and it was organized by the NCDMB in partnership with Learners Support Consultancy Company.
The General Manager, Capacity Building Division NCDMB, Mr Ama Ikuru explained that call for entries was made in June in seven thematic areas: health, asset security, tackling cyber threats, renewable energy, skills and talent management and supply chain. He said that a total of 630 entries were received at the close of submission in the third week of July.
The entries were subjected to two stages of review, first from internal NCDMB Judges and then from external judges, before the top 15 teams were selected for the three-day Hackathon.
He revealed that the board was also working on other projects in support of technology development and innovations in the Oil and Gas Industry. Some of the initiatives include the sponsorship of ENACTUS – Science and Technology Innovation Challenge; Establishment of modern Research & Development Centres of Excellence; Upgrade of Laboratories in Universities and Technical and Vocational Education and Training; Active participation in Technology Expos and NCDMB Research Product Development framework to help inventors attain market penetration.
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.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn











