Legal experts have analyzed the implications of the Central Bank of Nigeria’s (CBN) reaffirmation of its 5% borrowing cap under the Ways and Means facility for the fiscal years 2024-2025. The CBN’s facility allows the federal government to borrow up to 5% of the previous year’s revenue to address budget […]
press statement
President Bola Ahmed Tinubu has signaled an impending cabinet reshuffle and directed his ministers to actively engage the media in promoting the achievements of his administration. Speaking at a press conference on Wednesday at the State House, Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed that […]
The National Data Protection Commission (NDPC) has launched a comprehensive investigation into the data processing practices of Optasia, operating in Nigeria as Nairtime Nigeria Ltd. In a statement issued by Babatunde Bamigboye, head of Legal, Enforcement & Regulations, the Commission expressed serious concerns about Optasia’s use of privacy-invasive technologies for […]
The National Centre for Artificial Intelligence and Robotics (NCAIR), in collaboration with Google, has unveiled a ₦100 million Artificial Intelligence (AI) Fund aimed at supporting Nigerian startups developing innovative AI-driven solutions. The fund, with applications open until September 25, offers financial backing, mentorship, and access to Google’s AI tools and […]
Innovative technology brand TECNO today unveiled the new PHANTOM V Fold2 5G – an AI-enhanced second-generation foldable smartphone that brings more efficiency for business professionals and creatives. Embracing the incredible possibilities of large-screen foldable devices, it is a powerhouse of productivity and creativity elevated by futuristic AI innovation. PHANTOM V […]
The Federal Government (FG) has announced Monday, September 16, 2024, as a public holiday in honor of Eid-ul-Mawlid, commemorating the birth of the Holy Prophet Muhammad (Peace Be Upon Him). Read Also: FG Generates Over N78bn from Bank Transfers in First Five Months of 2024: Report Dr. Olubunmi Tunji-Ojo, Minister of […]
The Nigeria Customs Service (NCS) has officially elevated its Information and Communication Technology (ICT) unit to a full department, appointing Deputy Comptroller-General (DCG) KI Adeola to lead the newly established ICT-Modernization Department. This key development was announced in a statement released by Abdullahi Maiwada, Chief Superintendent of Customs, on Wednesday, […]
The 10th anniversary of Young Innovators of Nigeria (YIN) is a significant milestone for Nigeria’s tech industry. Hosted by Young Innovators of Nigeria (YIN) and the Network of Incubators and Innovators in Nigeria (NIINE) to celebrate the heroes, The second Technology Ecosystem Dialogue Summit Series TEDS 2024 is set to […]
Chief Ajuri Ngelale, the Special Adviser to the President on Media and Publicity and Official Spokesperson for President Bola Ahmed Tinubu, has resigned from his position effective immediately due to pressing family health matters. Ngelale submitted a memo to the Chief of Staff, informing him of the decision to take […]
NeuRaL AI, a leading provider of Artificial Intelligence (AI) solutions, has reaffirmed its commitment to supporting the growth of AI in Nigeria. Speaking at the NITRA ICT Growth Conference 4.0, themed “Impact of AI on National Development: Prospects, Policies, and Challenges in Nigeria,” Dr. Oluseyi Akindeinde, Founder of Hyperspace and […]