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FG reconstitutes committee to implement blockchain technology

The National Information Technology Development Agency has reconstituted the National Blockchain Policy Steering Committee (NBP-SC) to validate developments in the field of Blockchain technology and incorporate new stakeholders for inclusive adoption and implementation The Director-General of NITDA, Malam Kashifu Inuwa, inaugurated the committee at a three-day co-creation workshop to implement the policy in Abuja, on […]

News

Why Cement manufacturers should get gas concessions – Minister

The Minister of Industry, Trade, and Investment, Mrs. Doris Nkiruka Uzoka-Anite, has called for an extension of the gas concessions currently granted to electricity companies in favour of building material manufacturers to cope with rising prices. This was disclosed in a statement by Uzoka-Anite at the investigative hearing by the House of Representatives Joint Committee […]

Amazon to acquire Indian streaming service MX Player
News

Amazon plans AI overhaul, Alexa subscription

Amazon is undertaking an artificial intelligence-driven overhaul of its Alexa voice assistant and intends to implement a monthly subscription fee to cover technology expenses, CNBC reported on Wednesday. The online retail giant aims to launch a more conversational iteration of the voice assistant later this year, positioning itself to better compete with AI-powered chatbots from […]

150,000 Nigerians got FG's N50k grant - Minister
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FG, UTEL partner to help Nigerians get foreign jobs

The Federal Government, through the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, has signed a Memorandum of Understanding with UTEL Ltd. This was disclosed in a press statement by the National Talent Export Programme, Dr. Femi Adeluyi, on Tuesday in Abuja, according to Nairametrics. NATEP aims to give Nigerians access to jobs in […]

News

Capital market requires $10bn yearly to meet SDGs – UK Government

The UK government on Tuesday said it was ready to support Nigeria in developing its thriving capital market and that its programme for the mobilization of institutional capital through listed product structures was a strong basis for collaboration with Nigeria’s financial sector. In addition, The UK government also said the capital market of Nigeria could […]

News

FIRS blames NCS for Binance exec absence in court

The Federal Inland Revenue Service in Abuja has blamed the Nigerian Correctional Service for failing to produce Binance executive Tigran Gambaryan to the Federal High Court Abuja to plead guilty to tax evasion charges. Gambaryan was not present for Wednesday’s scheduled arraignment, according to Nairametrics The FIRS prosecutor, Moses Idehu, informed Justice Emeka Nwite that […]

UNIJOS faces high electricity costs amid disconnection threats
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UNIJOS faces high electricity costs amid disconnection threats

The University of Jos finds itself in a financial quandary as its monthly electricity bill skyrockets by a staggering 300%, reaching a daunting N80 million, while looming disconnection threats add to its woes. Jos Electricity Distribution Plc management has issued a stern disconnection ultimatum over unpaid bills, exacerbating the university’s financial strain. During a peaceful […]

Tech startup Humane AI on market for buyer
News

Tech startup Humane AI on market for buyer

Tech startup Humane is currently in the market for a buyer for its business, just a little over a month after the release of its AI Pin, as reported by Bloomberg. The AI Pin is a compact device designed to provide quick access to an AI assistant. Humane is collaborating with a financial adviser, Bloomberg […]

Twitch enhances filtering tools to block sexual, violent content from livestream
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Twitch enhances filtering tools to block sexual, violent content from livestream

In a bid to offer a more tailored viewing experience, Twitch has updated its filtering tools, enabling users to exclude livestreams featuring mature themes such as sexual, violent, and profane content. This update aims to spare viewers the hassle of sifting through numerous streams to find content devoid of explicit material, such as someone innocently […]

Electricity

TCN to restore North-East electricity May 27

The Transmission Company of Nigeria has informed the governors of the North-East states that efforts are currently being made to restore electricity in the region before May 27, 2024. TCN reported on Tuesday, in a circular signed by the Commission’s spokesperson, Ndidi Mbah, that its team was actively rebuilding the four towers that were destroyed […]

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