NAICOM, FRSC deepen ties on third-party insurance enforcement
The National Insurance Commission and the Federal Road Safety Corps have strengthened their collaboration to enforce compulsory third-party motor insurance in Nigeria.…
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Operators advocate AI for combating financial fraud
The former Executive Director of E-Business and Infrastructure at Inlaks Computers Limited and a board member of CitiData Centre Ltd., Tope Dare,…
TUC president links 50% telecom tariff hike to FX crisis
The President of the Trade Union Congress, Festus Osifo, has linked the recent 50% increase in telecom tariffs to the continuous depreciation…
Meta launches program to study human-robot interaction at home
Meta has announced PARTNR, a new research initiative focused on human-robot interaction in home environments. The program explores how robots and humans…
Amazon increases AI spending to $100bn
Amazon CEO Andy Jassy announced during the company’s Q4 earnings call that capital expenditures (capex) for 2025 will exceed $100 billion, a…
NIMC okays FIC for W’Bank-backed identification exercise
The National Identity Management Commission has authorized FIC Professionals Network Plc to take part in the World Bank-backed Identity for Development. This…
Meta partners with UNESCO on AI-Language initiative
Meta has announced a new collaboration with UNESCO to advance artificial intelligence (AI) by collecting speech recordings and transcriptions in diverse languages.…
Minister condemns brass refinery abandonment, vows project revamp
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the abandonment of the Brass Modern Refinery project in…
UK reportedly demands backdoor access to Apple user data
British security officials have reportedly ordered Apple to create a so-called “backdoor” that would grant authorities access to all content uploaded by…
Oracle expands AI tools in NetSuite to streamline business processes
Oracle has introduced a new set of artificial intelligence features to its NetSuite corporate finance software, aiming to simplify routine business tasks.…
Google to add digital watermark to AI-edited images
Google has announced that it will begin embedding a digital watermark in images edited with generative AI in Google Photos. The update,…
NIBSS enhances NQR payment system for faster, secure digital transactions
The Nigeria Inter-Bank Settlement System has introduced major enhancements to its Nigeria Quick Response payment system, aimed at improving digital transactions for…