Business

Data Protection Commission Reads Riot Act to Compliance Officers, Says Enforcement of  New Code Begins 2024

Ahead of its enforcement drive in 2024 and in a bid to ensure professionalism among firms that are licensed to carry out compliance as a service, the Nigeria Data Protection Commission has issued a Code of Conduct for DPCOs in Nigeria. And data Protection Compliance Officer (DPCOs) will be held accountable in line with the […]

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Business

Nigeria, Czech Republic Sign $21.7m Coal-Based Fertilizers Agreement for Take-Off of Delta-2 Project

The National Agency for Science and Engineering Infrastructure (NASENI) has signed an agreement worth $21.7 million with eleven firms in Nigeria as beneficiaries for take-off of the Delta-2 Projects, being the outcome of the bilateral collaboration between the federal government of Nigeria and the Czech Republic. The Nigerian beneficiary companies are expected to come up […]

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Business

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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Financial

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

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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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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Business

How Companies Survive Through Digital Innovation Amid Economic Headwinds

With interest rates at their highest in over a decade, South African businesses and consumers have certainly been through the wringer. But this has also led to some creative thinking that could reap benefits for years to come. Grant Phillips, Group CEO at digital transformation specialists e4, says he’s seen many businesses using this slower time to […]

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Business

We ‘ll Use Technology to Collapse Physical Trade Barriers, NITDA Assures African Traders

The National Information Technology Development Agency (NITDA) has assured that it is working to collapse the physical barriers in the context of trade for economic growth regardless of location through digital technology. According to the Director General NITDA, Mr Kashifu Inuwa, for Africa and Nigeria in particular to leap frog and develop, our economy has […]

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News

Acquisition of CoolTera ‘ll Boosts Liquid Cooling Portfolio, Says Vertiv

Vertiv, a global provider of critical digital infrastructure and continuity solutions, said  subsidiaries of the company have entered into a definitive agreement to acquire all of the shares of CoolTera Ltd. (CoolTera), a provider of coolant distribution infrastructure for data center liquid cooling technology and certain assets, including certain contracts, patents, trademarks, and intellectual property […]

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Financial

OTT Messaging Apps Remain Dominant Amid Fall in Conversational Commerce Spend to 45%

OTT messaging apps will remain the dominant channel for conversational commerce. This is despite a fall in global market share of conversational commerce spend from 53% in 2024, to 45% in 2028. According to Juniper Research in its latest report, much of this spend will be driven by the advanced capabilities of OTT messaging apps, […]

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