Blockchain will aid market regulation — SEC
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the transformative potential of blockchain…
Category: Technology
FG to raise broadband investments by 500% – Minister
The Federal Government of Nigeria is launching a new initiative, the National Broadband Alliance for Nigeria (NBAN), with the aim…
SEC DG Highlights Blockchain’s Role in Enhancing Capital Market Regulation
The Director General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the crucial role of blockchain…
Meta says it may stop development of AI systems it deems too risky
Meta’s CEO, Mark Zuckerberg, has committed to one day making artificial general intelligence (AGI) accessible to the public. However, the…
Telecom tariff hike: NLC suspends planned nationwide protest
The Nigeria Labour Congress (NLC) has suspended its planned nationwide protest, which was set for February 4, 2025, in response…
Mobile money: Palmpay, OPay, others process N71.5 trillion transactions in 2024
Mobile money transactions in Nigeria have experienced remarkable growth, with the latest data from the Nigeria Inter-Bank Settlement Systems (NIBSS)…
Chinese AI app DeepSeek was downloaded by millions. Deleting it might come next
DeepSeek, a generative AI app from China, has surged to become the most downloaded free app on Apple’s App Store,…
Strategic CSR Investments: Maximizing Impact for Sustainable Humanitarian Development
In an era of growing economic disparities, investing in humanity through Corporate Social Responsibility (CSR) is more than just an…
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta’s stock may have remained unaffected by speculation surrounding DeepSeek’s AI models, which sent Nvidia’s shares plummeting by nearly 20%.…
Crypto exchange Crypto.com to delist Tether’s USDT,9 others in Europe by Jan. 3
Cryptocurrency exchange Crypto.com has announced plans to delist Tether’s USDT and nine other tokens in Europe by January 31, 2025.…
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft’s stock fell 4.5% in after-hours trading after the company forecasted lower-than-expected growth for its cloud computing business, Azure. Despite…
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
Microsoft’s shares dropped by 4.5% in Europe, following a weak forecast for its cloud business. This decline mirrored a similar…
Gartner Predicts AI Will Drive 15% of Daily Work Decisions by 2028, Transforming Workplaces
Gartner has projected that by 2028, AI systems will autonomously make 15% of daily work decisions, with technologies like “agent-based…
Telcos urge PRC to review annual due payment
Telecom operators in Nigeria have raised concerns over the revised annual payment structure under the Financial Reporting Council Amendment Act…
OpenAI says it will work with U.S government to protect technology
OpenAI has expressed concerns about Chinese companies attempting to tap into U.S. artificial intelligence advancements to enhance their models. In…
Microsoft probes if DeepSeek-linked group improperly obtained OpenAI data, Bloomberg News reports
Microsoft and OpenAI are investigating whether a group connected to the Chinese AI startup DeepSeek improperly obtained data from OpenAI’s…
Italian startup Exein to supply cybersecurity for chips to MediaTek
Italian tech startup Exein has signed a deal with Taiwan’s MediaTek to provide cybersecurity systems for chips used in the…
Telecoms 50% tariff hike: Subscribers head for court as NCC talks deadlocked
Nigerian telecom subscribers, led by the National Association of Telecommunications Subscribers (NATCOMS), are taking legal action against the Nigerian Communications…
MTNN CEO confident regulator’s service quality deadline possible
MTN Nigeria’s CEO, Karl Toriola, has expressed confidence that the company will meet the Nigerian Communications Commission’s (NCC) three-month service…
DeepSeek claims its ‘reasoning’ model beats OpenAI’s o1 on certain benchmarks
Chinese AI lab DeepSeek has launched an open-source version of its reasoning model, DeepSeek-R1, which is now available on the…
Experts Urge Investment in AI to Bridge Educational Gaps in Underserved African Communities
At the 4th World Education Day Conference (WEDC25), experts called for increased investment in Artificial Intelligence (AI) to help address…
SAP sees higher operating profit, cloud revenue growth in 2025
SAP, Europe’s largest software company, has raised its 2025 financial outlook, citing strong growth in cloud computing revenue. The company…
LCCI Urges Telecom Operators, Regulator to Improve Service Quality Amid Tariff Hike
The Lagos Chamber of Commerce and Industry (LCCI) has urged telecom operators and regulators to enhance service quality, especially as…
USSD debt: NCC, telcos rule out deadline extension for banks
The Nigerian Communications Commission (NCC) and telecommunications companies have refused to extend the deadline for banks to clear their Unstructured…
Asia equities slide with US stock futures on China’s AI push; dollar firms
Asian stock markets and U.S. futures fell on January 27 as investors reacted to the launch of DeepSeek, a Chinese…
Telcos await NCC guidelines on 50% tariff hike
Telecommunications operators in Nigeria are awaiting guidelines from the Nigerian Communications Commission (NCC) to implement a controversial 50% tariff hike.…
CERT-In issues urgent security alert over vulnerabilities in Google Chrome
The Indian Computer Emergency Response Team (CERT-In) has issued an advisory for users of the Google Chrome browser on Windows…
OpenAI to face Indian news firms of Ambani, Adani in copyright battle, documents show
Indian digital news outlets, including those owned by billionaires Mukesh Ambani and Gautam Adani, have filed a lawsuit against OpenAI…
Telecom regulators hail Nigeria’s spectrum management initiatives
Telecom regulators from West Africa and the Caribbean have commended Nigeria’s spectrum management strategies as a model for regional growth…
Trump unveils multi billion dollar investment to fund AI infrastructure
President Donald Trump announced a groundbreaking partnership with major tech companies, including OpenAI, Oracle, and Softbank, to establish a joint…