The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35 billion on nine commercial banks, including First Bank, Union Bank, and seven others, for failing to ensure cash availability via Automated Teller Machines (ATMs) during the festive season. Each of the affected banks which includes: Fidelity Bank Plc, First […]
Digital Transformation
As part of initiatives to boost the efficiency and productivity of civil servants, enabling them to navigate the digital landscape with ease, the Federal Government of Nigeria has launched a digital literacy training program aimed at equipping federal civil servants with essential skills to effectively utilize digital technologies. The program […]
The Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MOU) to protect telecommunications consumers from exploitation. This partnership aims to promote a transparent, competitive, and consumer-centric telecommunications industry. The MOU signing ceremony took place in Abuja, with the Executive […]
NVIDIA, an American multinational technology company that designs and manufactures graphics processing units (GPUs), software, and other products for a variety of industries has unveiled the GeForce RTX 50 Series, based on its Blackwell technology that powers AI data center chips. This was announced by the company’s CEO, Jensen […]
LG Electronics, a South Korean multinational consumer electronics company has unveiled its latest electronic inventions at the Consumer Electronics Show (CES) 2025 with its showcase of innovative products and technologies. The company’s theme, “Life’s Good 24/7 with Affectionate Intelligence,” highlighted its focus on providing incredible convenience and new customer […]
Huawei, a global technological infrastructure and smart devices provider, has officially launched its local cloud service in Nigeria and is set to offer enhanced data sovereignty, reduced latency, and bolstered support for local businesses, aligning with Nigeria’s regulatory environment and digital transformation goals. This was unveiled at a launch event, […]
Raknida, a Nigerian art-tech platform, has made a significant move by expanding into the US market, thanks to a substantial $100,000 grant from Arch Grants, a non-profit organization responsible for supporting startups, based in St. Louis, USA. During the startup competition which involved 574 applicants, Raknida stood out as the […]
TikTok, a Chinese owned social media platform, has partnered with the National Information Technology Development Agency (NITDA) and Data Science Nigeria (DSN) to strengthen online safety and digital awareness in Nigeria. This was made known by Data Science Nigeria (DSN) on X, formerly Twitter, revealing that the collaboration aligns seamlessly […]
OpenAI an American artificial Intelligence (AI) research oganization, Meta platforms and French telecom giant, Orange SA have announced a groundbreaking partnership to develop and launch artificial intelligence (AI) models in African languages aiming to bridge the linguistic gap in AI, providing solutions tailored to the diverse landscape of the African […]
The organizers of AfriTECH 4.0 have announced the official sponsors for this year’s event, revealing a lineup of prominent companies committed to shaping Africa’s digital future, with QNET stepping up as the Gold Sponsor. Set to be held at the Oriental Hotels, Lekki Road, Lagos, on November 7, 2024, AfriTECH […]