Business

Sam Altman Back to OpenAI in Shocking Reversal

Sam Altman has agreed to return to lead OpenAI, the company said in a Wednesday post on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling artificial intelligence industry. “We have reached an agreement in principle for […]

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Business

NITDA Seeks CBN & Financial Institutions Partnership to Deepen Digital Paymentx

The Central Bank of Nigeria (CBN) and Financial Institutions in the country are urgently needed for collaboration with the National Information Technology Development Agency (NITDA), in order to leverage emerging technologies to deepen digital payments. According to the Director General of NITDA, Kashifu Inuwa financial technology (FinTech) has so far shown immense ability in driving […]

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Technology

Nigerian Engineer Develops Customer Voice Recognition System for Telecos

An expert at the Abubakar Tafawa Balewa University, Kano, in northern Nigeria, Engr Mahmood Abdulhameed has designed and constructed a customer voice identification system for the Nigerian telecommunications industry that would enable the telecos and other intelligence agencies search criminal by their voices over telecommunication system. The project, which was the result of a grant […]

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Business

NITDA’s Mandate Exceeds Digital Economy, Includes Digital Space Says Inuwa

“Our mandate is not just about digital economy but transformation of the digital space and how we can empower and enhance productivity across all sector,” the Director General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa, has said. According to Inuwa, Nigeria’s focus is beyond digital economy because of the pervasive nature of digital technology […]

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Business

Open Access Data Centres CEO Unveils Expansion Plan for South African Market

Open Access Data Centres (OADC) is looking to expand its data centre footprint in South Africa. Chief Executive Officer of OADC, Dr Ayotunde Coker revealed the company’s plans for the South African and African markets in an interview with ITWeb TV. Coker is a prominent figure in Africa’s data centre industry and serves as chairperson […]

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Business

Crisis Looms for Future of OpenAI as Major Investor, Microsoft Hires Sacked Altman

Microsoft has hired Sam Altman, a couple of days after his sudden firing as CEO of OpenAI, the creator of ChatGPT. In a statement issued yesterday, Microsoft CEO Satya Nadella says Altman and OpenAI co-founder Greg Brockman will join Microsoft to “lead a new, advanced artificial intelligence (AI) research team”. On Friday, OpenAI announced Altman […]

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Technology

Hard Time Looms for Smartphone Consumers as World’s Largest Chip Maker Stumble into Crisis

Nvidia’s third quarter earnings when they are revealed on Tuesday will be impressive and the guidance positive, but the company faces challenges ahead, yet almost every investor needs exposure to semiconductors. This is the prediction from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and […]

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Technology

ITU Adopts Resolution on Deployment Ahead of Commercial Rollout of 6G Technology

The ITU Radiocommunication Assembly (RA-23), has adopted a resolution that will guide the development of standards and radio interface technologies for the 6th generation of International Mobile Telecommunications (IMT) systems. Among other outcomes, RA-23 also adopted a resolution on gender equality to strengthen, accelerate and widen the active involvement of women in the work of […]

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Business

Zoho Grows Nigerian Operations by 50% in One Year, Unveils Fresh Business Portfolios

Zoho, a global technology company, said that it grew by 50% in Nigeria in 2022. The company, as part of its Zoho for Startups programme, has also partnered with #StartupSouth, an organisation that works towards the development of startups from South and South-East Nigeria. Zoho will also be providing its contract management solution, Zoho Contracts, […]

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Business

NDPC Takes Goes Tough on Data Protection Breach, Flags-off Task Force on Accountability

The Nigeria Data Protection Commission has set machinery in motion to enforce data subjects rights and promote trust in Nigeria’s digital economy ecosystem. In its Guidance Notice titled: GUIDANCE NOTICE ON THE FILING OF DATA PROTECTION COMPLIANCE AUDIT RETURNS (CAR), the Commission advices data controllers and processors to file compliance audit returns or risk being […]

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