Friday, 29th March 2024
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Technology

13 Mar
Energy prices have been increasing globally, with wholesale prices commonly cited as the main driving force compounded by the conflict in Ukraine and other factors.
13 Mar
SAMSUNG Electronics West Africa has partnered New Home Distribution (Africa) Limited (NHDAL) to assemble consumer electronics (CE) products in Nigeria.
13 Mar
As part of activities marking the 2024 International Women’s Day (IWD) digital financial services provider for emerging markets, Moniepoint Inc, has announced the launch of this year’s edition of the Women-In-Tech initiative.
7 Mar
In today's rapidly evolving financial landscape, Nigerian financial institutions face mounting pressure to adapt their marketing strategies to meet the demands of customers and fierce competition. Traditional marketing approaches are no longer sufficient in a data-driven world where personalized experiences and real-time insights are paramount.
7 Mar
The technological landscape of Nigeria's financial institutions is marked by both promise and challenges. While significant progress has been made in digitization efforts, the adoption of advanced technologies like artificial intelligence (AI) remains relatively low. Limited access to big data, computing infrastructure, and advanced analytics talent hinders progress, resulting in a predominant focus on basic digitization efforts. However, there are significant opportunities for improvement through strategic investments in key technological pillars: big data, computing power, and algorithms. This article explores the pivotal role of technological advancements in big data, computing power, and algorithms in propelling Nigerian financial institutions toward a future of enhanced efficiency, data-driven decision-making, personalized services, and sustainable growth.
6 Mar
A local operator, Layer3Cloud, has advocated local cloud hosting for Nigerian businesses. Layer3Cloud said in today’s digital landscape, having a reliable and efficient online presence is crucial for any business..
6 Mar
The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has identified collaboration and co-creation as strategy tools in achieving digital transformation.
6 Mar
Users have expressed excitement with MoneyMaster PSB, the mobile banking app of MoneyMaster Payment Service Bank Limited (MMPSB), a payment service bank in Nigeria.
4 Mar
The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing European users from accessing information about alternative, cheaper music streaming services. The iPhone maker immediately vowed to appeal the first ever antitrust fine slapped on Apple by Brussels, the culmination of a case triggered…
4 Mar
Experts have said that Artificial Intelligence (AI) in Safety Engineering can effectively curb accidents and the risk of losses by proffering decision support, incident prediction and prevention. This was said at the investiture ceremony of the fourth National Chairman, Nigerian Institution of Safety Engineers (NISafetyE), Oluseun Faluyi, in Lagos. Keynote Speaker, Adeyemi Adetunji, an engineer,…
4 Mar
The number of websites using AI-generated content to spread fake news has increased to 713 as of February 22, latest data from NewsGuard, a platform that provides transparent tools to counter misinformation, has revealed.
4 Mar
Digital payment platform, Palmpay said it is committed to helping the industry stem the rising tide of cyrbercrime and fraud in the system.

Latest

1 hour ago
Xabi Alonso, who was seen by many as Liverpool's top target to replace Jurgen Klopp as their manager, said on Friday he is staying at Bundesliga leaders Bayer Leverkusen next season. The 42-year-old Spaniard has Leverkusen on course for a trophy treble, including their first ever German league crown. "It's been a season of speculation…
1 hour ago
Transaction activities of the stock market on the Nigerian Exchange Ltd. (NGX) declined by 0.08 per cent, making the market capitalisation to close the week at N59.121 trillion.
1 hour ago
The suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, on Friday wished President Bola Tinubu a happy 72nd birthday amid allegations of financial misconduct and abuse of office. Edu extended her birthday wishes to Tinubu on X, praising the president's visionary leadership and its positive impact on the nation. https://x.com/edu_betta/status/1773622842233340082?s=31 This gesture comes…
1 hour ago
The Nigerian Government has released N90billion as a subsidy for the payment of fare for the 2024 pilgrimage to the Hajj, Kingdom of Saudi Arabia. Daily Trust reported on Friday that sources in the National Hajj Commission of Nigeria (NAHCON) and the Presidency said the Federal Government provided the funds as subsidies for the pilgrimage.…
2 hours ago
The African Development Bank (AfDB), has signed a 75 million dollar loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited to increase its fertilizer production and develop a port terminal for exports.
2 hours ago
Nigerian afrobeat musician Bisade Ologunde is better known by his stage name, Lagbaja. His signature face mask denotes him as the country’s everyman—the faceless individual. Lágbájá, a Yoruba word, means a person whose name and identity are purposely concealed or an invisible person. He is somebody, anybody, and everyone. It was pretty interesting, if not…
2 hours ago
Russia will begin calling up tens of thousands of soldiers next week in a conscription drive to replenish its armed forces and build up its military reserves.
3 hours ago
The times are tough. It is therefore just appropriate that President Bola Ahmed Tinubu has shunned all forms of celebration of his 72nd birthday. He has great dreams. And a proverb says a man who wants his dream to come true does not sleep. That is a proverb Asiwaju has lived all his life and…
3 hours ago
The times are tough. It is therefore just appropriate that President Bola Ahmed Tinubu has shunned all forms of celebration of his 72nd birthday. He has great dreams. And a proverb says a man who wants his dream to come true does not sleep. That is a proverb Asiwaju has lived all his life and…
3 hours ago
King of the Ewu kingdom, Clement Ikolo, who is one of the suspects declared wanted by the Nigerian military, has been handed over to the military by the police. The spokesperson for the Delta State Police Command, Bright Edafe, confirmed this on Friday. The monarch was one of the eight persons declared wanted by the…