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.