News Highlights: Nigerian physicist Jamilu Tanko has developed a groundbreaking Cyclone Furnace, using waste materials like rice husks. NASENI, recognizing the innovation’s potential to boost local industries and reduce reliance on imported equipment, is supporting Tanko’s work. In a world where technological advancements are rapidly reshaping industries, Nigerian physicist, Jamilu Tanko is making strides with a revolutionary innovation set to transform small and medium-scale industries. His invention, the Cyclone Furnace, offers a cost-effective and efficient solution for drying products, with significant implications for sectors like baking, pharmaceuticals, rice mills, papermills, brickmaking, and local communities. Tanko, a Principal Scientist at the…
Author: DigitalTimesNG
News Highlights: Sparkle’s first session at the Moonshot by TechCabal conference will focus on the opportunities presented by open banking in Nigeria. The second session will be a panel discussion on how effective risk management can grow lending businesses. Nigeria’s leading digital bank, Sparkle, is set to host two key sessions focused on open banking and risk management at the second annual Moonshot by TechCabal conference, scheduled for Wednesday, 9th October, and Thursday, 10th October 2024, at the Eko Convention Centre in Lagos, Nigeria. Sparkle’s sessions will take place on Thursday, 10th October, at 10:10 AM and 2:40 PM respectively.…
Finding a reliable power solution can feel like searching for a needle in a haystack. As Nigeria grapples with its myriad of challenges, one issue that refuses to bow is uninterrupted power supply. For many Nigerians, it’s a tale as old as time – the flickering lights, the endless queues for fuel, and the ever-present roar of petrol generators. Dr. Patrick, a senior lecturer who relocated to Nigeria over two years ago, knows this struggle all too well. Speaking to a group of students one afternoon about the challenges in Nigeria, he recounted his journey through different power-generating devices. “Nigeria…
News Highlights: Neuralink’s ‘Blindsight’ receives FDA Breakthrough Device Designation Neuralink has potential to revolutionize vision restoration Neuralink, an Elon Musk’s brain-chip startup, has received the US Food and Drug Administration’s “breakthrough device” designation for the company’s experimental implant, Blindsight. ‘Blindsight’ is designed to restore vision in individuals with complete or partial blindness, including those with non-functional optic nerves. “We have received Breakthrough Device Designation from the FDA for Blindsight. “Join us in our quest to bring back sight to those who have lost it. Apply to our Patient Registry and openings on our career page,” Neuralink wrote on its X…
News Highlights: Google successfully challenged a 1.49 billion euro ($1.66 billion) antitrust fine imposed by the European Commission in 2019. The annulled fine was part of a trio of antitrust fines totaling 8.25 billion euros against Google, including a complaint filed by Microsoft in 2010. Alphabet unit, Google won its challenge on Wednesday against a 1.49 billion euro ($1.66 billion) antitrust fine imposed five years ago for hindering rivals in online search advertising, a week after it lost a much bigger case. The European Commission in its 2019 decision said Google had abused its dominance to prevent websites from using…
News Highlights: Meta has enacted a global ban on Russian state media outlets like RT and Rossiya Segodnya across its platforms. Meta alleges that Russian state media has been engaging in deceptive tactics to evade detection and carry out influence campaigns. Meta has introduced a global ban on Russian state media outlets on its social media platforms, citing “foreign interference activity.” Digital TimesNG understands that the move is fueled in part by concern about attempts by Russia to influence the 2024 US presidential election. The ban, which is coming into force over the next few days, means that the likes…
News Highlights: Engr. Ikechukwu Nnamani emphasized the urgent need for ethical AI development and regulation, noting that many developers prioritize personal gains over ethical concerns. Nnamani highlighted the significant shortfall in Nigeria’s data center capacity, stressing the need for massive investment and infrastructure to support the country’s growing digital economy. Engr. Ikechukwu Nnamani, CEO of Digital Realty Nigeria, has emphasized the importance of developing Artificial Intelligence (AI) as an ethical solution. Speaking during a courtesy visit by the Executive Committee of the Nigeria Information Technology Reporters’ Association (NITRA) as a fall out of the Association’s ICT Growth Conference, Nnamani noted…
News Highlights: Konga Health, in collaboration with L’Oréal Dermatological Beauty, is set to appoint authorized resellers across Nigeria for renowned skincare brands like CeraVe and La Roche-Posay. The program offers businesses a chance to join a growing network with access to high-demand skincare brands. Konga Health in partnership with L’Oréal, a global leader in premium skincare, has announced the appointment of prospective authorized professional resellers of its high-demand products. This exciting opportunity offers structured Nigerian retailers, wholesalers, healthcare professionals, and structured online sellers a chance to join the growing network of resellers for world-renowned brands such as CeraVe, La Roche-Posay…
News Highlights: The NNPC emphasized that petrol prices in Nigeria are now determined by market forces, not by the government, in line with the Petroleum Industry Act (PIA). The NNPC confirmed that it is paying Dangote Refinery in USD for petrol deliveries in September 2024, with a shift to Naira payments starting October 1, 2024. The NNPC early Monday morning released estimated prices of petrol obtained from the Dangote Refinery in its retail stations across the country, stressing that in line with the provisions of the Petroleum Industry Act (PIA), petrol prices are not set by government, but negotiated directly…
Innovative technology brand TECNO has unveiled its new AI-enhanced, second-generation flip smartphone, PHANTOM V Flip2 5G. A remarkable fusion of on-trend aesthetic design and powerful technologies, it brings stylish individuals a fun, fashionable and functional flip phone experience that makes everyday iconic. Bringing pocket-sized ease and elegance to daily life, PHANTOM V Flip2 5G is freshly equipped with TECNO’s brand-new TECNO AI suite of AI functions. The suite features an upgraded Gemini-integrated Ella AI Assistant, AI Artboard, AI Writing and much more. It also upgrades the flip experience with a stunning infinity pool-inspired ThruPool cover screen, a flagship imaging system,…