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E-Business

OAU Undergraduate, Adeola Wins Data Science Nigeria Bootcamp Hackathon

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(L-r): Bayo Adekanmbi, MTN’s executive; Chibueze Oguejiofor, Adeola Balogun, Corne Nagel and Onimisi Esho, during the session.
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By peter oluka

Adeola Balogun, a young female 400-level Computer Science undergraduate from the Obafemi Awolowo University, Ile Ife, has won the Data Science Nigeria (DSN) bootcamp hackathon.

The bootcamp included very intensive hands-on classes, group learning sessions, and three individual hackathons, featuring a hands-on focus on machine learning algorithms, engineering statistics, and the broad principles of data science applications in solving real word problems.

The learning sessions were spiced up with three ongoing hackathons aimed to stimulate the 150 participants, who qualified for the bootcamp through pre-qualification exams on Microsoft/Edx Data Science MOOC series and DataCamp followed by a public Kaggle competition.

In his welcome address, the bootcamp convener, Mr. Bayo Adekanmbi, MTN’s Executive, said “We must focus on world-class capacity building in a consistent and rigorous manner if we truly want to build high-impact analytics products that can accelerate our national development and position Nigeria to become the data science hub for the continent, with the potential to access as much as 10% of the global data analytics outsourcing market, which is expected to garner $5.9 billion by 2020”.

At the award ceremony, Adeola said, “I only started taking data science three weeks ago, but I have carefully followed the instructions and guidance provided by the instructor to become the first on the competition leader board.”

Adeola Balogun began programming in Python during her 200-level classes. She is passionate about encouraging ladies interested in programming in Python, and she complements her academic studies by working as an intern with the Elo Umeh-led Terragon Group.

She is also an advocate for the Women Techmakers movement, and a Google Ambassador on her campus.

The other top four participants in the Kaggle competition are Chibueze Oguejiofor, Onimisi Esho, Sarah Adeola, and Aminu Onimisi Abdulsalami.

According to the participants, the bootcamp was an eye-opening, skill sharpening, and rigorous experience that provided a full immersion in the realities of the field. Data Science has been rated the number one career in the USA today, according to Glassdoor’s Best Jobs in America list for both 2016 and 2017.

The bootcamp participants also had chance to learn from leading industry experts, who shared real world information about the intersection of data science and machine learning for solving business problems. Mr Ladi Aduni, Associate Director, Technology Advisory KPMG led the briefing on the KPMG-sponsored Segmentation Hackathon at the bootcamp.

The hackathon required participants to use unsupervised learning to group banking customers based on many unrelated variables. The top-rated participants in this hackathon will qualify for internships and possible job placements at KPMG Nigeria.

Mr. Ngozi Dozie of OneFi discussed how to build industry-ready algorithms that can solve real-world problems, using the example of how weather forecasting correlates with loan defaults.

He said, “When the weather is bad, people default more on their loans, and data science must be able to explore other non-obvious variables in making business prediction solutions”.

Mr Usoro Usoro, General Manager of Digital Financial Services at MTN Nigeria engaged the participants on how to leverage the robust intelligence of big data algorithms to unravel local opportunities in the payments and lending fields.

Professor Raj Krishnan, a Microsoft Azure expert and adjunct professor at the Illinois Institute of Technology in Chicago, led a hands-on immersion in machine learning using the cloud-based Azure platform.

Dr Johnson Iyilade, the Founder and CEO of Glomacs IT Solutions and Services contributed from Canada, exploring how we have moved from a system-centric to user-centric connected data architecture, featuring practical explorations of the major big data technologies (Hadoop, HDFS, MapReduce, etc.).

Wale Akinfaderin, a doctoral researcher and expert data scientist, dialled in from the USA to discuss feature engineering, data preparation, over fitting, and managing missing data (including mean, median, mode, regressed value and even nearest neighbour values).

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

E-Business

Amazon CEO Says AI will Reduce Number of Workers Needed

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Amazon’s management on Wednesday said that it expects that artificial intelligence software will reduce the number of office workers at the world’s largest online retailer.

Amazon CEO Says AI will Reduce Number of Workers Needed

Andy Jassy, chief executive, Amazon

“We will need fewer people doing some of the jobs that are being done today and more people doing other types of jobs,” Andy Jassy, chief executive, Amazon  wrote in an email to employees.

He said it was difficult to predict how the overall workforce will evolve, but in the next few years, it is expected that AI efficiency gains will lead to a reduction in the number of office workers.

According to earlier reports, Amazon employed around 1.5 million people worldwide, with approximately 350,000 office employees in various roles.

The Wall Street Journal reported that the company does not anticipate further large-scale layoffs, as seen in 2022 and 2023, in the near future.

Instead, it expects that vacant positions will not be refilled.

However, layoffs are not ruled out, according to sources familiar with the matter.

“Amazon is focusing on so-called AI agents, software capable of independently performing tasks. These agents could, for example, summarise information from the web and data sources, write software, translate languages and automate many time-consuming tasks,” Mr Jassy explained.

“Agents will be teammates that we can call on at various stages of our work,” he added, urging employees to experiment with AI whenever possible.

The impact of AI on the job market has been a concern for many years.

Recently, Spotify, the leader in music streaming, announced that teams requesting additional staff would first need to prove that AI could not perform the tasks.

The creators of the language-learning app Duolingo plan to gradually replace external workers with AI.

 

 

 

 


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E-Business

BPP Partners NDPC to Strengthen Data Protection

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Dr Adebowale Adedokun, director-general, Bureau of Public Procurement (BPP), has reaffirmed the bureau’s commitment to data protection in Nigeria.

BPP Partners NDPC to Strengthen Data Protection

He disclosed this in a statement at the weekend by Zira Nagga, head of Public Relations, BPP, following a courtesy visit by a delegation from the National Data Protection Commission (NDPC).

Adedokun stressed that data protection is vital to Nigeria’s economy and development, particularly in areas such as demography, health, education, and other key sectors.

He emphasised that no country should leave its data unprotected, as it plays a crucial role in future planning and national development.

“Data governs the world. It is essential to technological progress and must be protected for a country or business to be taken seriously,” he said.

Adedokun described the visit, aimed at fostering partnership on data policy implementation and protection, as timely and aligned with national goals.

He said the BPP would collaborate closely with the NDPC to boost data development, capacity building, and enhance the procurement system.

“The BPP will support compliance as part of the ‘Nigeria First’ Policy, although it is not a core procurement eligibility requirement,” he explained.

He suggested a hybrid training model to help build strong capacity in data protection, privacy awareness, and policy understanding.

According to him, a dynamic training approach will reduce logistics costs and improve public confidence in data safety and privacy.

Dr Vincent Olatunji, CEO, and national commissioner, NDPC, praised Adedokun and the BPP for supporting data protection initiatives.

He said the partnership supports President Bola Tinubu’s vision and will strengthen data privacy across Ministries, Departments, and Agencies (MDAs).

“The collaboration will create awareness and train BPP staff to ensure a firm grasp of data protection principles and policies,” he stated.

Olatunji said the NDPC would establish a working group to finalise a Memorandum of Understanding beneficial to both institutions.

He added that President Tinubu signed the NDPC into law on 12 June 2023 to uphold citizens’ rights and protect national and business data.

Olatunji also noted that strict legal measures were in place to enforce data protection and ensure full compliance nationwide.

Both agencies agreed to form a team to sign the MoU and focus on capacity building and data management in procurement and beyond.

 

 


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FG Mulls Fibre Optic Layout to Bridge Internet Gaps

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President Bola Tinubu said that his administration has initiated a project to install fibre optic cables across the country, aimed at enhancing the socio-economic development of Nigeria.

FG Mulls Fibre Optic Layout to Bridge Internet Gaps

His plans were contained in a speech he delivered at a joint session of the National Assembly in commemoration of Democracy Day on Thursday, June 12.

He said the fibre optic layout is part of other projects being embarked on.

“In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.

“This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected,” Tinubu stated.

He maintained that by extending this critical infrastructure, his government is empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world.

In a most recent report on Internet connectivity, The ICIR pointed out how Nigeria has faced setbacks in its deployment of fibre optic cables and needs a transformation.

The challenges revolve around vandalism, inadequate coordination between road construction and telecom infrastructure, and varying right-of-way (RoW) charges across states.

Among industry experts, these issues impact network outages, increase repair costs, and hinder broadband expansion efforts.

It has also further threatened the digital economy, leading to slower Internet speeds, dropped calls, and unreliable connectivity among others.


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