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US’ SEC Tasks Regulators On AI’s Potential Risks To Financial System

The chair of the United States’ Securities and Exchange Commission (SEC), Gary Gensler, on Monday urged financial regulators toquickly find a way to manage potential risks posed by the concentration of power in artificial intelligence (AI) platforms to global financial system stability. Gensler warned that without swift intervention, it would become “nearly unavoidable” that AI […]

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Gates Foundation Announces $30Mn AI Investment In Africa

Bill Gates, co-chair of the Bill & Melinda Gates Foundation, has announced that the Foundation will commit $30 million in a new artificial intelligence (AI) platform in Africa. Gates made the announcement on Wednesday at the Grand Challenges annual meeting hosted by the Bill & Melinda Gates Foundation and its partners, in Senegal. Grand Challenges, […]

Banking Budgeting Latest News Planning & Economic Development Science 'n' Technology Technology Telecomms

NCC Enlightens Public On Change In Fixed Lines Numbering Format

The Nigerian Communications Commission (NCC), in keeping with its responsibilities under the enabling law, the Nigerian Communications Act (NCA) 2003, to manage Nigeria’s numbering resources, has announced new numbering format for fixed lines. A statement issued by the commission’s Director, Public Affairs, Reuben Mouka, disclosed that the process, Nigeria’s Fixed-Lines Numbering Format has changed from […]

Banking Budgeting Economy News Extra Latest News Oil & Gas Planning & Economic Development Political Economy Professionals & HR Devt. Science 'n' Technology Technology

NCDMB To Launch 17 Technology Incubation Centre-Trained Firms

The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Founder Institute (FI) has unveiled its plans to launch new 17 portfolio companies that have been trained in its Technology Incubation and Innovation Centre (TIIC) Information from the Board indicated that the launch of the companies would hold this Thursday at the Nigerian Content […]

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NASENI Boss Parleys Czech’s Envoy On Resuscitation Of Delta-2 Project

The National Agency for Science and Engineering Infrastructure (NASENI) has opened discussions with Czech Republic’s Ambassador to Nigeria, Mr. Zdeněk Krejčí, to secure support for its efforts aimed at resuscitating the Delta-2 project. The project is a technology transfer programme between Nigeria and the Czech Republic, which commenced in 2020 but the implementation could not […]

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NASENI Mulls Policy To Ban Exportation Of Strategic Solid Minerals

 ….partners Geological Survey Agency The National Agency for Science and Engineering Infrastructure (NASENI) on Tuesday unveiled plans for a national policy that will stop the exportation of Nigeria’s valuable solid minerals to foreign countries as a strategic step towards domesticating the production of the end-products locally. The agency, in a statement issued by its Director, […]

Budgeting Environment Latest News Oil & Gas Planning & Economic Development Privatisation & Commerce Science 'n' Technology Technology Transportation

Ogun Commences Conversion Of Mass Transit Buses To CNG

Ogun State Government has commenced the process of converting fossil-powered vehicles to Compressed Natural Gas (CNG) powered in furtherance of its E-Mobility and Gas Mobility Programme. The programme involves the conversion of mass transit buses from fuel to gas and tricycles and motorcycles to electric. To transform the plan into reality, a team of technical […]

Budgeting Infrastructure & Capital Projects Latest News Manufacturing Planning & Economic Development Political Economy Privatisation & Commerce Professionals & HR Devt. Revenue Science 'n' Technology Technology

Osun Governor Seeks NASENI’s Support For Economic Growth, Job Creation

Osun State Governor, Mr. Ademola Adeleke,  has expressed the interest of the Osun State citizens to participate in the on-going Skill Acquisition Training and Youth Empowerment Programme by the National Agency for Science and Engineering Infrastructure (NASENI). This is even as the governor requested the Agency’s management to fast-track take- off of the proposed Agricultural Machinery and […]

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Danbatta Receives Platinum Award For NCC’s Performance

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta at the weekend in Lagos, received the Platinum Award of the Nigeria Academy of Engineering (NAEng.) for his leadership roles in the telecom sector and its improving contributions to the nation’s economic growth. The President of the Academy, Prof. Azikiwe Onwualu, […]

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Lagos Gitex Pitch Competition: Eight Startups Emerge Winners

Eight startup businesses have been announced as winners of the Gitex Pitch Competition, a Lagos Roadshow edition, which was held last Friday. The organizers of the roadshow event listed the winners as Pocket Food; Fuspay Technologies; Byte; Africa Comicade, Get Equity; Alajo; Instant Rad and Dataleum. According to them, the Lagos State Government, in partnership with […]