Commodity Futures Trading Commission (CFTC) has sued the world’s biggest cryptocurrency exchange, Binance, for operating an “illegal” exchange and a “sham” compliance program. CFTC sued the firm for cultivating US business while failing to properly register with authorities according to reports. Binance said “This filing is unexpected and disappointing, as […]
Tech News
The Governor of Osun State Ademola Adeleke has directed the immediate establishment of a support desk for Osun tech innovators and entrepreneurs to access the recently launched $618m USD tech fund by the African Development Bank (AFDB). The governor in a statement made this known by his spokesperson, Mallam Olawale […]
Global tech pioneers and innovators are preparing to supercharge double-digit business growth across Africa, as they eagerly anticipate the debut of the continent’s largest and most inclusive tech and start-up event in Marrakech, Morocco. GITEX Africa will open doors for the first time from 31 May-2 June 2023, welcoming 500 […]
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 […]
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 Government has announced the removal of excise duty for telecom sub-sector after six months of intense deliberations. Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, disclosed this Tuesday in Abuja at a briefing to provide updates on the status of the 5 per cent excise […]
The Federal Government of Nigeria is ready to conduct its first ever digital census, 17 years after last exercise in 2006 with an approval of N2.8 billion ($5.4 million). The exercise, originally scheduled for March 29 but postponed to May 2023 due to the rescheduled gubernatorial and state House of […]
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 […]