State of AI Adoption in Financial Services: Truths, Half-Truths, and Misconceptions

Image: putilov_denis/Adobe Stock Ask a typical financial services company if it’s prepared to leverage AI, and you’ll likely hear a confident “yes.” In fact, a majority of businesses in this…

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NVIDIA and NSF Partner to Build Fully Open AI Models for Science

The National Science Foundation and NVIDIA are investing $152 million in an open-source AI initiative led by Ai2, delivering reproducible AI models to accelerate scientific discovery and reshape enterprise IT strategies.

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Nigeria unveils youth-led circular economy initiative to drive green jobs

The Federal Ministry of Youth Development, in collaboration with SAMU Technology and the Recyclers Association of Nigeria (RAN), has launched the Circular Economy Youth Empowerment Initiative (CEYEI), a nationwide programme designed to tackle unemployment and boost sustainable economic growth through green technologies. Speaking at the launch in Abuja, Comrade Ayodele Olawande, Minister of Youth Development, […]

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Kaspersky, SMEDAN partner to boost cybersecurity awareness for Nigerian SMEs

Kaspersky, a global cybersecurity company, has entered into a partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to strengthen cybersecurity knowledge among small and medium enterprises (SMEs) in the country. The two organisations signed a memorandum of understanding (MoU) to deliver training programmes, information sharing, and awareness initiatives aimed at making […]

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Customs, Shippers’ Council in talks over B’Odogwu rollout glitches

The Nigeria Customs Service (NCS) and the Nigerian Shippers’ Council (NSC) have opened high-level talks to address industry concerns over the rollout of the Unified Customs Management System, popularly known as B’Odogwu. The meeting, held on Monday at the Customs headquarters in Abuja, brought together Bashir Adewale Adeniyi, Comptroller-General of Customs, and Dr. Akutah Ukeyima, […]

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WEIDE: Nigeria backs WTO’s $50m fund to drive digital trade among women 

Nigeria is stepping up efforts to deepen inclusive digital trade with the launch of the $50 million Women Exporters in the Digital Economy (WEIDE) Fund, co-hosted in Abuja by Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, and Dr Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO).

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Nigeria Police deploys tech to step up intelligence-led law enforcement

The Nigeria Police Force says it has upgraded its Technical Intelligence Unit (TIU) with new surveillance technologies and training to strengthen intelligence-led policing and combat rising violent crime.

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Tinubu picked the right team for NCC board, EVC says

Dr. Aminu Maida, Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), says President Bola Tinubu has appointed the “right team” to steer the affairs of the nation’s telecoms regulator, following the unveiling of the incoming Board. Maida, in a congratulatory message seen by Technology Times, hailed the choice of Mr. […]

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Nigeria’s creative industry urge funding support as AI reshapes cultural economy

Leaders in Nigeria’s creative industry say artificial intelligence (AI) presents both risks and opportunities for the sector, while calling on financiers to recognise its economic value and channel funding into technology-driven growth. Speaking during a panel session at the QED NG Creative Powerhouse Summit in Lagos on Tuesday, Kunle Afolayan, Nollywood filmmaker, says technology “is […]

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AI could power Nigeria’s creative economy leap, Africa Soft Power founder says

Artificial intelligence (AI) could be the catalyst that propels Nigeria into a global leadership role in monetising its rich cultural assets, according to Dr. Nkiru Balonwu, Founder of the Africa Soft Power Group. Speaking at the QED NG Creative Powerhouse Summit in Lagos, themed “Financing as a Catalyst for a Thriving Creative Economy,” Balonwu describes […]

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