The World Bank has underscored the potential of Artificial Intelligence (AI) to address various developmental challenges faced by low- and middle-income countries like Nigeria. In its “Digital Progress and Trends Report 2023,” released on Tuesday, the World Bank highlighted AI’s capacity to enhance financial inclusion and ensure equitable and efficient […]
The Securities and Exchange Commission (SEC) has revealed plans to implement new guidelines aimed at licensing, registering, and screening digital and virtual assets service providers (VASPs). VASPs, as defined by the Central Bank of Nigeria (CBN), are entities facilitating exchanges between virtual assets (cryptocurrencies) and fiat currencies, as well as […]
In response to recent revelations uncovered during a comprehensive investigation into the financial activities of the Rural Electrification Agency (REA), President Bola Tinubu has taken decisive action by approving the indefinite suspension of the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, along with three Executive Directors […]
Organisers of the DISC Forum 2024 say the breakfast programme, holding in Lagos, will spotlight key elements, such as data centres, digital and core infrastructure, investments, cybersecurity, cloud computing, content, satellite technology and Big Data As Nigeria drives towards a robust digital economy, the DISC Forum 2024 has become a pivotal platform […]
A Lagos-based lawyer, Olukoya Ogungbeje, has filed a N10 billion lawsuit against the Nigerian Communications Commission (NCC) and its Executive Vice Chairman, Dr Aminu Maida, over the blocking of phone lines not linked to the National Identification Number (NIN). The suit, marked FHC/L/CS/363/2024, alleges inconvenience, discomfort, injury, and loss […]
GDM Group, a leading marketing and media technology company, and Eko Innovation Centre, a renowned startup accelerator, proudly announce the launch of MarkHack 3.0, themed “BEYOND LIMITS – Unleashing Creativity with Emerging Tech”. This exciting initiative invites innovators, entrepreneurs, and marketing professionals to collaborate and develop groundbreaking solutions for real-time […]
Sixty lucky fans of premium Sosa Fruit Drink and delicious Rite Sausages, owned by Rite Foods Limited, were treated to an exhilarating movie experience on Saturday, February 24th, 2024. These consumers, selected from an online Valentine’s Day engagement, enjoyed the romantic comedy “All’s Fair in Love” at the Silverbird Cinema […]
The National Bureau of Statistics (NBS) has unveiled its latest findings on internet usage in Nigeria, indicating a significant surge in digital connectivity nationwide. According to data accessed from the NBS database, the total number of internet subscribers reached a noteworthy milestone, standing at 163.8 million as of December 2023. […]
The Nigerian Bureau of Statistics (NBS) has released its highly anticipated 2023 Economic Report, revealing key insights into the nation’s economic performance. At the forefront of this analysis is the Information and Communication sector, which emerged as the primary driver of economic growth, commanding a significant 17.3% share of the […]
President Bola Tinubu has given his approval for the appointment of new management teams for the Asset Management Corporation of Nigeria (AMCON) and several agencies under the Federal Ministry of Communications and Digital Economy. For AMCON, the newly appointed management team includes Gbenga Alade as Managing Director/CEO, Aminu Ismail as […]
