Business

NITDA Boss Woos Global AI Market at GITEX 2025, Says Nigeria Champions AI Development

Nigeria is a rising force in the global AI landscape, championing a people-first and strategy-led approach to AI development and governance. Speaking to an international audience of policymakers, technologists, and investors, at the ongoing the GITEX Africa 2025 held in Marrakech, Morocco, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa […]

Read More
Business

Nigerian start-up equalyz Unveils Suits of Solution Design AI to Bridge AI Gap

equalyzAI, a Nigerian-founded African-centric Artificial Intelligence (AI) start-up, revealed its suite of solutions this week, saying they are designed to democratise AI innovations for the continent by guaranteeing the technology can think and make decisions in native languages. The start-up, founded by Dr. Olubayo Adekanmbi and Dr. Ife Adebara, stated in a statement that it […]

Read More
AI & Computing

Nigeria, African Union & Others Pledge $60bn AI Funding for Both Public & Private Sector

What appears to be a life-line to leapfrog Africa’s Ai quest is just about around the corner, and that is from a declaration that offers a $60 billion Africa AI Fund to be established, leveraging public, private, and philanthropic capital. Nigeria, African Union, Smart Africa and other African countries are behind the declaration. The goal […]

Read More
Technology

Religious Groups in Nigeria Raise Concerns Over AI Impact on Adherents

Religious groups in Nigeria are worried about how the deployment of Artificial Intelligence would affect their belief and the practice of their religion. Speaking at a press conference organised by the Nigeria Religious Coalition on Artificial intelligence (Christian Council of Nigeria, Institute of Church and Society Ibadan (CCN-ICS) and Jama’atu Nasril Islam (JNI), group warned: […]

Read More
FinTech

With Generative AI Warming-Up to Revolutionise Payment Industry, Experts Warn of Customers’ Expectations

Boston Consulting Group (BCG)’s 22nd annual Global Payments Report, has highlighted the urgent need for decisive action to ensure profitable and sustainable long-term growth in the payments industry. The report, titled Fortune Favors the Bold, emphasises the strategic imperative for payments companies to navigate mounting challenges from evolving customer expectations, regulatory scrutiny, investor priorities, and technological […]

Read More
Business

Red Hat Boosts Enterprise AI Across Hybrid Cloud with AI Solution

Red Hat, Inc.,  provider of open source solutions, has announced the latest updates to Red Hat AI, its portfolio of products and services designed to help accelerate the development and deployment of AI solutions across the hybrid cloud. Red Hat AI provides an enterprise AI platform for model training and inference that delivers increased efficiency, […]

Read More
Business

Microsoft Investing $1m to Empower One Million Nigerians with  AI Skills in Next two Years

Microsoft has unveiled a one million dollar initiative to equip one million Nigerians with Artificial Intelligence (AI) skills for the next two years. This was announced by Microsoft’s Country Manager for Nigeria and Ghana, Ola Williams, during the Microsoft AI tour in Lagos on Wednesday. Microsoft Unveils $1m Initiative To Boost AI In Nigeria “I […]

Read More
AI & Computing

For AI-driven Economic Transformation, Nigeria’s AI Sector Needs Funding, Robust Talent Pool, Says Report

AI is already transforming industries and starting to reshape economies and is poised to profoundly shape the future of economic development over the next few years. The expansive scale of this growth makes AI an economic priority in every region around the globe. However, new Boston Consulting Group (BCG) research has established that most economies […]

Read More
Business

Huge Opportunities in AI Services for 2025 as Experts Predict Revenue of Over $14.6bn

Global revenue from conversational AI services will grow from $14.6 billion in 2025 to more than $23 billion by 2027. Juniper Research predicted that this revenue, which originates from enterprise spend on conversational AI platforms, will be driven by the benefits of implementing agentic AI to services. Agentic AI is a subset of AI which […]

Read More
AMA

SAP Debuts Business Data Cloud with Databricks to Turbocharge Business AI

AMA PRESS RELEASE SAP Business Data Cloud, has made a groundbreaking solution that unifies all SAP and third-party data throughout an organization, providing the trusted data foundation organizations need to make more impactful decisions and foster reliable AI. The solution harmonizes data from organizations’ most mission-critical applications with data engineering and business analytics capabilities, paving the […]

Read More