The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations and further directed all commercial banks to open for operation on Saturdays and Sundays. […]
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The Minister of State, Budget and National Planning, Clem Agba, said the federal government would commence the installation of facial recognition technology at major airports in the country which is a solution to improve and incorporate automatic security measures around the airports and easily detect impostors. Agba expressed his happiness […]
The Nigerian Communications Commission (NCC) unveils plans to commence activities that will result in the formulation of regulations on E-Waste in Nigeria as part of its moves to sanitise the environment, NCC sees the global concern for the regulation of e-waste as two-pronged, which includes the acute awareness of the […]
The Federal Government has announced the removal of excise duty for the telecom sub-sector of Nigeria’s Digital Economy Industry in line with the recommendations of the Committee it constituted to review the applicability of the Duty to the telecom sector which is considered already overburdened with taxation and sundry […]
Nigeria holds 109th position out of 131 Countries on the Network Readiness Index (NRI) in the year 2022 as ICT Industry experts stress the importance of networked readiness to drive social and economic transformation for African countries. NRI 2022 confirms that advanced economies in Europe, parts of Asia and the […]
Tech giant Google has launched its Bard chatbot as competitor on OpenAI’s popular ChatGPT, which seeks to make up lost ground in the race to commercialise generative artificial intelligence technology. The rolling out of AI chatbot Bard will only be available to certain users over the age of 18 in […]
The Federal Capital Territory Administration (FCTA) has implemented modern technology to improve the process of vehicle registration and make motor licenses seamless by making it stress-free, as well as the management of its transportation sub-sector which should be one of the goals of a working government. The introduction of […]
The United Kingdom of Great Britain has said that it will ban TikTok, a Chinese owned video app from being used on government phones, a move to join other western countries that have banned the due to fears that user data from the app owned by Beijing-based company ByteDance […]
In a Bid to prevent the panic affecting the banking sector since the recent week’s crash of Silicon Valley Bank (SVB), US regulators shut down New York-based Signature Bank. However, the attention of the Signature Bank Limited, a Nigerian financial institution, has been drawn to recent news surrounding the closure […]
Meta has announced a second round of layoff with 10,000 employees affected and 5,000 vacancies withdrawn as the Big Tech industry awaits deep economic downturn. Co-founder and CEO of Meta Mark Zuckerberg also revealed that the company will cancel lower priority projects, as the indirect costs of these […]
