News

United States May Lose Global Technology Race to China as China Tops Four AI Technologies

Although the United States remains the top spender on research and development and is the undisputed global leader in IT B2B market revenues, the US technology dominance has been increasingly challenged by China. According to data presented by Stocklytics.com, the world’s largest economy and tech industry could lose the future global technology race to China. China […]

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Business

Parker Group Chief Technology Officer Recognized with Security Innovator Award

Parker Group, a leading provider of integrated engineering services and technologies, today announced that Chief Technology Officer Ray May has been recognized with a 2024 Security Innovator Award. This honor celebrates May’s innovative spirit, dedication to innovation, and his mark on the industry since launching AVenue. The Security Innovator Awards, a program sponsored by Security Business Magazine, […]

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Business

NITDA Set to Host 2024 Digital Nigeria Innovation Challenge with N11m for Regional Winners 

The National Information Technology Development Agency (NITDA), through its dynamic subsidiary, the Office for Nigerian Digital Innovation (ONDI), is set to launch the 2024 Digital Nigeria Innovation Challenge. This three-stage competition will run from September 11 until October 23, 2024. The final pitch event will take place on October 23, 2024  in Abuja. According to […]

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AI & Computing

JUST IN: Nigeria, Google Launch N100m AI Startup Support Under NCAIR Management

The Nigerian Government just launched a N100 million Artificial Intelligence Fund in collaboration with Google Africa to support Nigerian startups leveraging AI to build innovative solutions. The AI Fund, which will be coordinated by NCAIR Nigeria is a critical step in taking advantage of future technologies to develop homegrown innovation that addresses local challenges, accelerates […]

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Business

Husqvarna Group Raises Concern Over  Challenging Market Conditions on Group  Financial Performance 

The Husqvarna Group said the challenging market conditions and restrained consumer spending continue to have an impact on the Group’s sales and operating result in the third quarter. In statement, the company, which is involved in diverse product range such as robotic lawnmowers, chainsaws, trimmers, riding lawnmowers, and watering solutions noted that the gardening season is […]

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Business

Rolls-Royce Partners Karimjee Group to Drive Power Solutions in Tanzania

Rolls-Royce through its Power Systems division, is pleased to announce a strategic partnership with Karimjee Group, a leading conglomerate in East Africa with almost 200 years of history, to deliver advanced mtu power solutions across Tanzania. This collaboration marks a significant step in advancing the country’s energy infrastructure, supporting sustainable development, and boosting industrial growth. […]

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Business

NITDA Takes Digital Literacy to Corp Members, Communities, Targets 12 States in Pilot Phase

The National Information Technology Development Agency (NITDA), in collaboration with the National Youth Service Corps (NYSC), has began a groundbreaking  Digital Literacy for All (DL4ALL) Initiative. The initiative is part of the Agency’s efforts to achieve 70% digital literacy for all Nigerians by 2027, this  initiative aims to equip every Nigerian citizen with basic digital […]

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Technology

Expert Reveals Where Hackers Find Your Passwords and How to Block Their Access

“Your password is the single most important key to your digital life,” warns Stepan Solovev, Chief Executive Officer and Co-founder of Soax. This line more than wakes us to the realization of how much protection our digital selves are. Yet, many are unaware of the unexpected places where hackers may scavenge for this valuable information. […]

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Business

Detection Technology Gets Shareholders’ Nomination Board

 A Shareholders’ Nomination Board has been appointed at Detection Technology according to holdings on 2 September 2024. Chair of the Board of A. Ahlström Peter Seligson has been appointed Chair of the Nomination Board as the representative of Ahlstrom Capital BV, and Head of Investments Tomi Viia representing the OP mutual funds and Director, Sustainability […]

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Technology

Tech Expert Seeks Skills Up-Scaling on AI for Nigerians, Says AI-Job Related Losses Not An Issue

Nigeria needs up-skilling of knowledge of AI  for sustainable AI adoption instead of considering if there will be lost of jobs. That was part of the recommendation by Founder, Hyperspace and Chief Executive Officer (CEO) of NeuRaL on  AI adoption at the Nigeria Information Technology Reporters Association (NITRA) ICT Growth Conference 4.0, with the theme […]

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