News
10 billion reasons why businesses need Dataeum
Increasingly the story of data is one of loss rather than gain, except it isn’t yet a mainstream narrative. People are currently concerned with the loss of privacy and trust over most other concerns. The situation is a side effect of continuing data breaches which have increased with severity over time. The issue is further compounded by companies selling and or using data in violation of user agreements.
The volume of data generated in the last two years alone is equivalent to 90% of all the data ever produced online, according to research by International Data Corporation (IDC). This already creates the problem of quality versus quantity and in a data market calculated to be worth $3 trillion in the USA alone, this means a market of significant value remains untapped.
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Focusing on mapping alone we also further discover that the reliability of data is so bad that only 8% of map pin points are accurate. In the United States alone, 40% of retail outlets have at least one incorrect or missing address listed online. Due to a basic reason like customers being unable find a physical store on maps due to poor data quality… this costs US business $10 billion in lost sales.
Dataeum intrinsically aims to facilitate a modern revolution by offering a platform that encourages and secures data democracy. Technically the platform is a decentralized market featuring verified and authenticated crowdsourced data. All transactions on the market place, from collection of data, its sale and rewarding of data collectors is based on blockchain technology.
Charly Pham – Dataeum CEO notes that, “The massive amount of data generated in the world today is a stark representation of losses. From the fundamental loss of data privacy, to the loss of accuracy, including the less obvious but highly interesting loss of value. Dataeum is leveling the playing field with our decentralized blockchain backed market place.”
Dataeum facilitates simple collection of data through an app that features a two-step verification method. A primary collector records physical data while a secondary collector documents the same data as part of a verification process. The verified data is immediately available on the decentralized market place for interested acquirers of the data. Any purchasing of the data will see collectors rewarded seamlessly and instantaneously in Dataeum Tokens (XDT).
“A transparent and direct access to a pool of collectors is a cost-effective resource for Businesses. Dataeum gives comfort to businesses looking to ensure that their physical locations, opening hours, and even an image of their very front door is all accessible on maps with 100% accuracy. Collectors can be anywhere in the world and still submit extremely accurate and verified data. Though we can’t promise to give business $10 Billion in sales, we can guarantee that the lost sales due to bad data will begin to decline through Dataeum,” concluded Pham.
News
Oyo Rep, Oseni Donates ₦50m to Sheikh Agbotomokekere Mosque Project
The lawmaker representing Ibarapa East/Ido Federal Constituency of Oyo State, Engr. Aderemi Oseni, on Thursday, donated the sum of fifty million naira (₦50 million) toward the construction of the proposed Sheikh Agbotomokekere Mosque building project.
Oseni joined other dignitaries, religious leaders, and Muslim clerics to honour the Chief Imam of Ibadanland, Grand Imam of Oyo State, and Grand Patron of the League of Imams and Alfas of Yorubaland, Edo, and Delta States, His Eminence Sheikh AbdulGaniy Abubakre Agbotomokekere, during the annual Maolud Nabiyy celebration at the Ibadan Central Mosque, Oja Oba.
It was during the event that he announced the generous donation.
The Maolud Nabiyy celebration, organised by the Al-Imam Agbotomokekere Islamic Foundation, also featured the unveiling of the proposed mosque project and an award presentation ceremony.
Delivering an insightful lecture at the event, the Chief Imam of Ogbomosoland, Dr. Yunus Tolhat Ayilara, who served as the Guest Lecturer, highlighted the importance of perseverance in the face of challenges.
In a statement issued on Friday by his media aide, Idowu Ayodele, the lawmaker, who also chairs the House Committee on the Federal Roads Maintenance Agency (FERMA), reaffirmed his commitment to supporting initiatives that strengthen the spiritual and social development of his constituency and state.
He commended the Al-Imam Agbotomokekere Islamic Foundation for its dedication to fostering a sense of community through faith, education, and shared values.
According to him, the mosque project symbolises unity and the determination of the people.
Reflecting on the significance of the proposed Agbotomokekere Mosque, the APC chieftain described it as a beacon of unity and religious harmony.
“This mosque project reflects our shared values and our commitment to building a community grounded in faith, love, and unity. I am honoured to contribute to this vision and support the Agbotomokekere Foundation in its efforts to promote peace and spiritual growth,” Oseni stated.
News
Customs Surpasses Revenue Target with N5.7 tn Collection
The Nigeria Customs Service (NCS) has announced a record revenue collection of N5.7 trillion as of November 12, 2024, surpassing its yearly target by 10 percent.
This was disclosed by the Comptroller-General of Customs, Adewale Adeniyi, at the ongoing 2024 Comptroller-General of Customs Conference in Abuja.
Themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose,” the conference showcased the Customs Service’s progress in modernizing its operations and fostering collaborative partnerships.
“Today, I stand before you to demonstrate how our commitments in 2023 have evolved into tangible achievements,” Adeniyi stated.
He attributed the revenue growth to a series of reforms, including the implementation of a one-stop solution for cargo alerts, a revamped ICT infrastructure, streamlined inspection procedures, and enhanced automation.
Adeniyi explained that these changes reflect the agency’s commitment to elevating operational transparency and efficiency.
“We pledged to re-align our free trade operations, elevate cargo integrity standards, and expand our scanning capacities,” he said.
“Above all, we promised to usher in a new era of customs operations—one built on transparency, efficiency, and genuine collaborations with our partners.”
As of Tuesday, November 12, Adeniyi confirmed that the NCS collected N5.07 trillion, achieving the anticipated 10 percent revenue surplus.
“This performance validates our partnership-driven approach to revenue collection and trade facilitation,” he added.
Adeniyi also highlighted recent strides in trade facilitation, revealing that six companies have been selected to benefit from the Authorised Economic Operators programme, which provides fast-tracked customs clearance and other trade facilitation benefits.
Similarly, the NCS has processed 21 requests under an advance ruling programme, designed to expedite customs decisions on import and export cargoes before they reach Nigerian ports.
The Comptroller-General expressed optimism about the NCS’s potential to drive further economic growth, citing the agency’s commitment to fostering partnerships and advancing innovative practices within the customs sector.
News
Half of Shortlisted Directors Fail Federal Permanent Secretary Exam
Nineteen out of the thirty-eight directors who were shortlisted to fill permanent secretary vacancies within the Federal Civil Service have failed the qualifying examination, a memo from the Office of the Head of Civil Service of the Federation (OHCSF) revealed on Tuesday.
The memo, signed by Dr. Emmanuel Meribole on behalf of the examination committee, disclosed that the qualifying exam was conducted on Monday, November 11, 2024.
The Federal Government, through the OHCSF, launched the recruitment drive in October to fill permanent secretary vacancies in eight states.
Providing insights into the progress, Eno Olotu, Director of Press at OHCSF, stated, “Of the 38 eligible directors who sat for the exam, 19 have passed the first stage and will move on to the second stage, which will assess their competency in using Information and Communication Technology (ICT) in government operations on Wednesday, November 13, 2024.”
Olotu highlighted the rigorous three-stage selection process, designed to ensure that only the most capable individuals are appointed to these high-ranking civil service roles.
This comprehensive approach, according to OHCSF, aims to elevate the quality of leadership across federal ministries.
The directors who advance beyond the ICT proficiency test will face a final stage on Friday, November 15, 2024, where a panel of senior government officials and private sector experts will conduct a final evaluation to determine their suitability for the permanent secretary positions.
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