Tag: Security

Nigerian startup Terrahaptix clinches $1.2m security deal, beats Israeli rival
News

Nigerian startup Terrahaptix clinches $1.2m security deal, beats Israeli rival

Nigerian autonomous systems startup Terrahaptix has secured a $1.2 million contract from private security firm Nethawk Solutions, edging out competition from an Israeli company to land the five-year deal. Under the agreement, Terrahaptix will deploy its AI-powered drones and solar-powered sentry towers to bolster security at two hydroelectric power plants in Nigeria, targeting regions plagued […]

SEC to enforce stricter regulations for digital assets
Business

SEC permits security dealers to create digital platform

The Securities and Exchange Commission has granted the National Association of Securities Dealers permission to start implementing its Digital Securities Platform as part of the Regulatory Incubation initiative. NASD Plc is an Over-the-Counter securities exchange that enables trading of all securities of unquoted firms, especially in Nigeria. The SEC created the Regulatory Incubation program to meet the […]

China's National Flag
Business News

China raises defence budget by 7.2%

China will raise its budget on defence by 7.2% this year in a bid to enhance preparedness and build the nation’s security capacity.   Reuters reported that the increase is slightly more than that of last year at the same time faster than the government’s modest economic growth forecast.   It was also raised owing […]

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