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Financial

Nigeria’s Inflation to Fall with Reduced Pressures On Exchange Rate in 2024, Says CBN

The Central Bank of Nigeria (CBN) said the country’s inflation rate and the pressures on the exchange rate will reduce in the coming year. While the country’s inflation rate jumped to 27.33% for November – the highest in 18 years, the apex bank’s governor Yemi Cardoso projects a slump in 2024.  “The outlook for the domestic […]

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Business

Samsung’s AI Patent Filings Drop by 42% in Q3 2023 as Huawei Remains Low Level Investment

The impact and influence of AI and machine learning algorithms are transforming business operations worldwide. Major tech giants have been actively registering AI patents to provide solutions across different industries. This is in response to the growing demand for AI capabilities that automate business processes. Being a leader renowned for its advancements, Samsung has made […]

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AI & Computing

Experts Predict 2024 Year of AI for Everyone with More Adoption and Less Skepticism.

Artificial intelligence (AI) took centre stage in 2023, with a wide range of tools, solutions and industries adopting the technology. With 2024 around the corner, experts predict AI is going to become more powerful and accessible to everyone. Generative AI (GenAI)-which enables the use of AI to generate texts, images and code-made headlines throughout 2023. […]

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Business

Wnners Emerge at Uber Drivers-Travelstart Competition with Some Grabbing International Destination Ticket

The winners of the Travelstart competition were announced, which saw drivers and riders on the Uber platform awarded with sought-after prizes such as tickets to several local and international destinations. In addition, the top 30 drivers who operate on the Uber app were celebrated, showcasing the company’s dedication to recognizing driver excellence and reinforcing its commitment […]

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Business

NCC Boss Meets Minister Discusses Priority Areas, Assures of  Transparency in Telecom Regulation

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has pledged that transparency will form the bedrock of his leadership as Nigeria’s chief telecom regulator as this will enable a solid foundation in  building a resilient, accountable and efficient institution. Maida spoke during a courtesy visit to the Minister of Communications, […]

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News

Medical Device Growth to Hit $1.1bn Amid Cybersecurity Market Rising Threats

The rapid integration of new technology and digital health devices into healthcare systems has revolutionized patient care and diagnostic processes. However, the increased reliance on these devices has also exposed the healthcare industry to cybersecurity threats. According to the recent report, Cybersecurity in Medical Devices, the market for cybersecurity in medical devices is expected to grow […]

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Business

Cybercriminals Unleash 411,000 Malicious Files Daily in 2023, Says Kaspersky

Kaspersky’s detection systems discovered an average of 411,000 malicious files every day, which is an increase of nearly 3% in 2023 compared to the previous year. Particular types of threats also escalated: experts observed a marked surge of 53% in attacks involving malicious Microsoft Office and other types of documents. Attackers leaned towards more dangerous […]

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Business

Quest for Digital Trust Increases as Nigeria Explores Implementation of Global Standards of Digital Policies

The need to build digital trust and implement international standards to support digitisation policies was the centre of discourse at a Digital Policy workshop, organised by the British Standards Institution (BSI), held in Abuja. The Director-General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, who opened the discourse disclosed the centrality of NITDA’s role as […]

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News

Cameroon’s Post & Telecoms Minister Battles Bulk SMS Fraud, Seeks GTS-Infotel Support

The Cameroon Minister of Posts and Telecommunications, Libom Li Likeng, has invited GTS-Infotel to the meeting on the issue of fraud on communication networks in its effort to tackle the menace of bulk SMS in the West Africa Country. TechnologyMirror gathered that despite the integration of A2P SMS Firewall in their networks, Orange & MTN […]

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Business

Replicate ‘Yaba’ in Akure, NITDA Boss Tells Ondo Govt

The Ondo State Government has been enjoined to equip its people with digital skills and provide them with digital infrastructure to enable them establish innovation driven enterprises in the state and also participate in global digital economy. The Director General, National Information Technology Development Agency, NITDA, Kashifu Inuwa advised the state to replicate “Yaba” in […]

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