A new report has revealed that cyberattacks could inflict unprecedented financial damage on the global economy, with costs projected to soar to $10.5 trillion by 2025, $12 trillion by 2026, and a staggering $16 trillion by 2030. These alarming figures were highlighted by the founder of Digital Encode, Adewale Obadare, during his keynote…
India has committed to strengthening investments in Nigeria’s agriculture and Information and Communications Technology (ICT) sectors. The goal is to boost food security and digital skills, alongside contributions to education, health, and other critical areas. This pledge followed robust discussions between President Bola Tinubu and Indian Prime Minister Narendra Modi, who concluded a historic two-day…
The Canadian federal government has ordered the dissolution of TikTok’s Canadian business operations following a national security review. However, Canadians will still be able to use the app as the government stops the company from conducting business within the country. Industry Minister François-Philippe Champagne announced the decision on Wednesday, stating that the…
The Global Energy Alliance for People and Planet (GEAPP), supported by the Rockefeller Foundation and billionaire Jeff Bezos’ Bezos Earth Fund, has taken a historic step in addressing Nigeria’s ongoing power crisis by launching a ground-breaking solar energy project. Indequate power supply has plagued Nigeria for decades, with some 86 million people living without…
The Lagos State Government has effectively carried out a thorough statewide assessment on fossil fuel generator sets (gensets), marking a major step towards accomplishing Nigeria’s ambitious energy transition goals. https://www.seforall.org/publications/beyond-gensets-advancing-the-energy-transition-in-lagos-state The Lagos State Ministry of Energy and Mineral Resources is facilitating the study, which is funded by Sustainable Energy for All (SEforALL) and aims…
Battery-as-a-Service (BaaS), a cutting-edge technology positioned to close the gap between energy output and consumption, is being adopted by Nigeria as part of a major transition towards sustainable energy. As the nation battles an unstable electrical grid and growing fuel prices, BaaS is becoming a game-changer by offering homes and businesses dependable and reasonably…
The Nigerian government has announced a N2.8 billion support grant from Google to boost Artificial Intelligence talent development in the country. Minister of Communications, Innovations and Digital Economy, ‘Bosun Tijani, made the announcement on Thursday at an unveiling event organized by the Nigerian Government and Google, in Abuja. The minister said…
Fekomi Global Limited has launched an innovative AI-powered customer care and sales bot in a bid to give its numerous customers top-notch service delivery. This development, it said, will revolutionise how businesses interact with customers and drive sales. The cutting-edge technology, designed for diverse industries, aims to enhance customer relationships while improving…
A Polish radio station, OFF Radio Krakow, has replaced its journalists with Artificial Intelligence (AI)-generated presenters, sparking debate over the future of media and journalism. The station, based in the southern city of Krakow, announced its relaunch this week as “the first experiment in Poland” where AI-driven virtual characters take on the roles of traditional…
The Association of Telecommunications Companies of Nigeria, ATCON, has rejected plans by the Federal Government to reintroduce a five percent excise duty on the telecommunications sector, warning that the move could significantly burden the industry. On July 6, 2023, President Bola Tinubu signed four executive orders, including one that suspended the 5…
Real estate developer, Cecil Osakwe, has called on the federal government to carry out reforms in the nation’s real estate industry, as the sector needs effective regulations, transparency and investor trustworthiness. Osakwe, who pointed out the distinctions between the real estate markets in Nigeria and the United States, identified challenges faced by Nigeria….
Nigerian Exchange Limited, NGX, has emphasised the crucial role of Artificial Intelligence (AI) and robust infrastructure in bolstering cybersecurity measures. Temi Popoola, Chairman of Central Securities Clearing Systems Plc (CSCS), stated this at the Company’s cybersecurity conference held in collaboration with the Office of the National Security Adviser (ONSA). In his opening…
In today’s world, we’re constantly connected to the internet, whether through reading news, visiting forums, checking emails, or managing online banking. While this connectivity brings many benefits, it also exposes us to risks, including cybercriminals trying to make easy money through scam. People often talk about the importance of staying safe online but rarely provide…
Written and compiled by Onwuezobe Victoria chidera The Polytechnic Ile-Ife, Osun State The digital revolution has fundamentally transformed every facet of society, and journalism is no exception. Gone are the days when print newspapers, radio broadcasts, and evening news programs dominated the media landscape. With the advent of the internet, social media, and sophisticated data…
Written and compiled by Onwuezobe Victoria chidera The Polytechnic Ile-Ife, Osun State In today’s digital era, family dynamics have undergone significant changes due to the pervasive influence of technology. What was once a family unit defined by in-person interactions, shared meals, and regular bonding activities has now evolved into a digitally-connected, yet sometimes emotionally distanced,…
Nigerian Communications Commission (NCC) says Starlink, a communication company, is facing regulatory heat over an unapproved data tariff hike. The NCC said the satellite internet service provider had unilaterally increased its data tariffs without obtaining the necessary approval from the commission. Its Director of Public Affairs, Dr Reuben Muoka, in a statement in Abuja on…
Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) said it has plans to convert millions of Nigerian vehicles from petrol and diesel to cleaner forms of electric vehicles and CNG-powered vehicles. It also stated that it was pursuing several other initiatives that would promote industrialisation in the country. Executive Vice Chairman…
Written and Compiled by Elias oluwaferanmi. The Polytechnic Ile-Ife, Osun State In today’s media environment, where the sheer volume of information is overwhelming and misinformation spreads rapidly, precision journalism has become a critical force shaping the future of reporting. Unlike traditional journalism, which often relies on anecdotal evidence and subjective accounts, precision journalism—also known as…
Worried by the alarming rate of talent migration from Nigeria’s telecommunications sector, the Nigerian Communications Commission, NCC, has called for immediate action to prevent further loss of skilled professionals. The Commission revealed that over 500 software engineers and more than 2,000 trained telecom professionals left the country in 2022 alone, posing a significant threat…
The Federal Government, in collaboration with local companies, plans to use domestically produced equipment to address the persistent issue of oil theft and promote local content in the industry. Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, announced this initiative during an inspection tour of a local company in Abuja. He noted that the…
Governor Ademola Adeleke of Osun State has disclosed his administration’s plan to generate electricity to strengthen the economic and social well-being of the people of the state. Adeleke made the disclosure in Ilesa at the re-launch of the execution of Obokun 33 KVA feeder relocated from Osunjela, Atakumosa West local government area to…
A former media aide to former President Muhammadu Buhari, Bashir Ahmad, has stated that social media app, TikTok, is doing more harm than good for Nigeria without regulations. This is after viral videos on the social app showed bandits flaunting cash purportedly collected as ransom for their victims have raised concerns. A…
France on Wednesday charged Pavel Durov, the founder and chief of Telegram, with a litany of violations related to the messaging app and banned him from leaving the country while allowing the billionaire to walk free after four days under arrest. Durov, 39, was charged on several counts of failing to curb extremist…
The Rural Electrification Agency, (REA), has disclosed that it spent a total of N28.7 billion for the implementation of capital projects in 2023. The agency also said that over 1.4 million people benefited from its implementation of the 2023 capital projects through several solar energy programmes initiated by the federal government. Managing…
Telegram CEO, Pavel Durov, is set to appear in a French court following his arrest at an airport near Paris. The arrest took place at Le Bourget Airport on Saturday evening, after Durov arrived from Baku, Azerbaijan, according to reports from AFP. Durov’s detention stems from an arrest warrant issued by France’s Office for the…
The United States is collaborating with Nigeria to develop a framework for the application of Artificial Intelligence (AI) in military operations. This was revealed by Mallory Stewart, Assistant Secretary for the Bureau of Arms Control, Deterrence, and Stability at the U.S. Department of State, during a media roundtable in Abuja. Stewart explained that the goal…
The Nigerian Financial Intelligence Unit (NFIU) is set to utilize Artificial Intelligence (AI) and machine learning tools to identify and combat illicit financial flows (IFFs) and other fraudulent activities. During the opening session of the first NFIU management staff retreat, NFIU Chief Executive Officer Hajiya Hafsat Bakari highlighted the organization’s commitment to equipping its staff…
POWER blackout over Akwa Ibom state entered day three Friday with no sign of abatement as ‘earth fault’ and senior staff strike ground public power supply by the Port Harcourt Electricity Distribution Company (PHED) to residents in the state. PHED’s announcement of the “earth fault” on Wednesday had compounded the Disco’s operational…
President Bola Tinubu is set to officially launch 100 Compressed Natural Gas (CNG) buses, generously donated by the Independent Petroleum Marketers Association of Nigeria (IPMAN). The donation comes in response to the economic challenges faced by the country following the administration’s recent policy changes. In an earlier meeting with President Tinubu, IPMAN members committed to…
The Ukrainian Air Force has intercepted 38 Shahed-type drones from Russia. The Force in a statement said projectiles were destroyed over eight regions in southern, northern and central Ukraine. The Russian forces have also fired two Iskander-M/KN-23 ballistic missiles at Ukraine from the Voronezh region, the air force said, without…
President Bola Tinubu has underscored the adoption of Compressed Natural Gas (CNG) transportation as a critical economic strategy for Nigeria, marking a pivotal shift in the nation’s public transportation and energy policies. Speaking at the commissioning of 30 hybrid-powered CNG buses at the State House in Abuja on Monday, Tinubu highlighted the pressing need for…
