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Business

Tinubu Suspends National Social Investment Programme, Probes Activities

President Bola Ahmed Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). Announcing the suspension in a statement on Friday, the Director Information, Secretary to the Government of the Federation, Segun Imohiosen, said the president’s decision was in view of the “ongoing investigation of alleged malfeasance in the management of […]

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News

Nigeria Unveils Development in Government Initiative to Digitally Empower Civil Servants

Nigeria innovation today unveiled a new project designed to build digitally empower civil servant, the initiative would see the introduction digital innovation and technology into governance in all levels government. The Minister of Communication, Innovation and Digital, Dr Bosun Tijani who announced the project to on his verified X handle, said, “Today, we announce #DevsInGovernment, […]

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BrandTech

Virtual Reality to Sharp Emerging Technology in 2024, Say Experts

The growing demand for immersive experiences is driving the evolution of advanced platforms and technologies. These innovations are set to transform how people engage with content and their environment, offering captivating virtual worlds and enhancing education, training, and various sectors like healthcare, consumer, retail, automotive, travel & tourism, and gaming, said GlobalData, a leading data […]

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Business

Global PC sales rebound in Q4 2023 Ending Successive Quarterly Declines

Global PC shipments rebounded in the fourth quarter (Q4) of 2023, ending a streak of successive quarterly declines. This is based on insights by research firm Canalys, which says total shipments of desktops and notebooks rose to 65.3 million units in the last quarter of 2023, a year-on-year growth of 3%. The research firm reveals that […]

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Software

German Software Giant SAP Fined $220m for Corrupt Offenses in Seven Countries

German-multinational software giant SAP has agreed to pay a criminal fine of over $220 million  to the US, following investigations into corruption committed in seven countries including South Africa. According to a statement released by the US Justice Department, SAP will pay the fines to both the US Securities and Exchange Commission (SEC) and the US Justice […]

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AI & Computing

Lagos to Host Nigeria’s Artificial Intelligence Summit Next Month

AI in Nigeria is thrilled to announce its groundbreaking artificial intelligence (AI) conference and hackathon, InnovateAI Lagos 2024. InnovateAI Lagos 2024, which is set to be a pivotal event in the Nigerian artificial intelligence industry is themed: “Adapting AI For Nigeria: Crafting Intelligent Solutions For Our Unique Landscape” and will explore the transformative power of […]

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Business

Airtel Plans to Establish Africa’s Largest Data Centre in Nigeria

The Chief Executive Officer of Airtel Africa, Mr segun Ogunsanya, has disclosed that plans are underway to set up Africa’s largest Data Center in Nigeria. Ogunsanya made this known on Wednesday while interacting with State House Correspondents after his meeting with President Bola Ahmed Tinubu. He commended President Bola Ahmed Tinubu’s FX policy saying it […]

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Business

CBN Appoints New Executives for Union, Polaris, Keystone Banks

Hours after the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank, the Central Bank of Nigeria (CBN), on Wednesday, appointed new executives to oversee the affairs of the three banks. The apex bank, in a statement by its spokesperson, Sidi Hakama, announced Yetunde Oni as the Managing Director and […]

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Business

Africa’s Blue Economy Set for Boost as BlueInvest Opens Application for 2024 Entrepreneur Contest

AMA PRESS RELEASE   BlueInvest Africa is calling for African entrepreneurs eager to venture into the blue economy. Thirty outstanding projects will be handpicked for presentation to a panel of investors at the second edition of BlueInvest Africa, scheduled to take place in Kenya on 3 and 4 July 2024. The deadline for applications is […]

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Business

Bitcoin Exchange-Traded Funds Approval May Spark Price Increase to About $60,000

The SEC approval of Bitcoin Exchange-Traded Funds (ETFs) signals a landmark moment for both Bitcoin and the broader cryptocurrency market, and could send prices skyrocketing in the longer-term with BTC prices perhaps hitting $60,000 this quarter, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The bullish […]

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