After a challenging 2022, which brought a massive 46% drop, the machine learning market size skyrocketed by 120% and hit $158.8 billion last year. However, the surging demand for AI-driven solutions across industries is expected to continue fuelling market growth this year, with the machine learning industry reaching a new record valuation. According to data […]
Read MoreBrands and companies worldwide have spent more than $2.66 trillion on digital advertising in the past five years, and 25% of that value, or roughly $670 billion, went on video ads. Although the annual amount spent on video ads has more than doubled in this period, the revenue growth has significantly slowed down. According to […]
Read MoreAfter record sales during the pandemic, the global consumer electronics market has had a challenging two years. High inflation and gloomy economic outlook cut down consumer budgets and significantly changed their spending habits, with many focusing their reduced disposable income on travel and leisure activities rather than tech. This low-demand landscape is expected to continue […]
Read MoreLagos State Governor, Babajide Sanwo-Olu, has unveiled plans of a phase by phase work for the the construction of the long-awaited 37km Fourth Mainland Bridge will begin by the end of March or April. He assured that those that will be affected including owners of buildings, some of which has telecoms towers will be duley […]
Read MoreThe Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for January 2024, a statement by the Director of Press and Public […]
Read MorePresident Bola Tinubu has directed a major slash of travel delegations for all Federal Government official trips within and outside the country in a bid tackle financial profligacy in governance The Special Adviser on Media and Publicity, Ajuri Ngelale, disclosed this on Tuesday during a press briefing at the State House in Abuja. He said […]
Read MoreThe National Information Technology Development Agency (NITDA), has said that the automation of the Independent Corrupt Practices and other related offences Commission (ICPC) will step-up the fight against corruption to a large extent in the country. According to the Director General of NITDA, Mr Kashifu Inuwa, automation is a journey and not a one off […]
Read MoreHacking courses, leaked nudes, and AI usage in scams – these are the most discussed topics on the dark web forums Every year around December experts at NordVPN try to predict the cybersecurity risks awaiting us in the next year. This year they decided to take a different route and look into the biggest dark web forum […]
Read MoreThe financial crisis in the electricity industry is hitting the Distribution Companies (DISCO) harder, as only a total of 504,729 meters were installed by electricity distribution companies between January and September 2023.The number of power consumers without meters across the country is now 7,117,167. Data obtained from the latest third quarter report of the Nigerian Electricity […]
Read MoreAfter raising more than $4bn in funding rounds throughout 2021 and 2022, content creator companies find it much harder to get fresh capital these days. Although brands and companies still spend billions of dollars on creator marketing, investors` interest in the companies working in this industry is far from where it used to be. According […]
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