Story Highlights: NIMC to launch a three-in-one Identity Card in August The Commission has started testing and deploying the new identity cards. The initiative is a collaboration between NIMC, the CBN, and NIBSS Nigerians will begin utilising the services of the proposed three-in-one identity card in two months according to the National Identity Management Commission. NIMC said the single multipurpose card combining multiple functions of identity, financial and social services will be made available to citizens across the country by August this year. A high-ranking member of the implementation team, who asked not to be named, disclosed the new information…
Author: DigitalTimesNG
Story Highlights: NITDA and FCT-UBEB are collaborating to revolutionize technology engagement for young Nigerians. NITDA emphasizes the importance of AI and Robotics in education, with ongoing research and development in these fields. NITDA’s Digital Literacy for All program extends digital education resources nationwide, including out-of-school children. The National Information Technology Development Agency (NITDA) is set to collaborate with the Federal Capital Territory Universal Basic Educational Board (FCT-UBEB) towards revolutionising the way young Nigerians engage with technology and equipping them with the necessary skills to thrive in an increasingly digital world. Director General of NITDA, Kashifu Inuwa made this known when…
News Highlights: Safe SuperIntelligence aims to create superintelligent machines that surpass human intelligence while ensuring safety. The company focuses on solving the dual technical challenges of safety and capabilities in superintelligence. SuperIntelligence will advance capabilities rapidly while prioritizing safety to ensure scalable and peaceful development. A new company, Safe SuperIntelligence, has been launched to produce superintelligence, a machine that is more intelligent than humans, in a safe way. Formed by ex-OpenAI founder and chief scientist Ilya Sutskever, Daniel Gross and Daniel Levy, Safe SuperIntelligence wants to make superintelligence in a safe way. “Superintelligence is within reach,” reads a statement from…
News Highlights: The US plans to ban the sale of Russian firm Kaspersky’s antivirus software due to its alleged links to the Kremlin. The ban, effective from 29 September, restricts downloads, resales, and licensing of Kaspersky software, with violators facing fines. Kaspersky has denied engaging in activities threatening US security and intends to pursue all legal options against the ban. The US has announced plans to ban the sale of antivirus software made by Russian firm Kaspersky due to its alleged links to the Kremlin, the BBC reports. Moscow’s influence over the company was found to pose a significant risk…
Billionaire businessman, Mr. Femi Otedola, has increased his stake in FBN Holdings, with the additional purchase of N546, 674, 034 units of shares valued at N12.01 billion. Information from the Nigerian Exchange Limited (NGX) on Thursday revealed that Otedola bought the shares through Calvados Global Services Limited for N21.97 per share at the Exchange. Recall that Otedola before now had a 7.01% stake in the bank, behind Oba Otudeko’s Barbican Capital Limited which holds an 8.67% stake. Otedola has had investments in port agency, shipping, storage, and insurance brokerage. In 2007, he acquired a controlling interest in African Petroleum, which…
In the news: PalmPay’s Extensive User Base and Unique Features Referral Program and Sports Betting Opportunities Cashback, Discounts, and In-App Promotions If you need an additional source of income, you should look no further than Nigeria’s thriving digital banking industry. You’ll find the best business opportunity there, with PalmPay being the most rewarding fintech to bank with. With over 30 million users and 1.1 million businesses, including 600,000 merchants and 500,000 agents as part of its cashless payment ecosystem, PalmPay is a perfect platform for those looking to make money in the digital banking space. One major reason why PalmPay…
The flight to stardom with the Nigerian Idol Top 7 took a brief detour at the TECNO Exclusive Store in Ikeja City Mall, where fans got to spend the day with their favourite Idol. The atmosphere was electric as the top 7 contestants arrived, ready to connect with their supporters and showcase their talent. Milen Oyinlola, PR/Media Manager for TECNO, warmly welcomed the Top 7 contestants. The visit started with a detailed presentation of the CAMON 30 Pro 5G by a TECNO team member, highlighting its cutting-edge features and sleek design. This segment set the tone for a day filled…
…All Acer Monitors Produced Locally Will Carry A Three-Year Warranty. In the news: Acer has begun producing monitors in South Africa as part of a localisation strategy. The initiative is aimed at job creation and economic growth. Acer’s locally produced monitors will include consumer, commercial, and gaming models. Acer has started producing monitors in South Africa as part of its localisation strategy, according to an IT-Online report. The new monitor production programme aims to significantly contribute to job creation in South Africa’s technology sector. Additionally, the company recognises that providing affordable access to technology is essential for economic growth and…
…Trend Micro New Security Solution Using NVIDIA NIM Unveiled At COMPUTEX In the news: Trend Micro unveiled a new data centre solution using NVIDIA technology for businesses and governments at COMPUTEX 2024. This solution tackles the challenges of next-generation AI-driven data centres by offering efficient threat detection and response capabilities. The integration showcases Trend Micro’s commitment to enhancing AI security and meeting the evolving demands of AI-driven environments. Trend Micro Incorporated, a global cybersecurity leader, has announced plans to demo a new data centre solution, using NVIDIA technology, for security-conscious business and government customers harnessing the power of AI. Digital…
In the news: Access Bank has partnered with SCIDaR to address financing challenges for over 200,000 health SMEs in Nigeria. SCIDaR will strengthen the capacity of these SMEs through technical support services, including entrepreneurship and financial management training. This collaboration aims to prepare health SMEs for investment and foster sustainable relationships with Access Bank. Access Bank has signed a deal with Solina Centre for International Development and Research (SCIDaR), to tackle financing challenges faced by over 200,000 health Small and Medium Enterprises (SMEs) in Nigeria. SCIDaR is a prominent non-profit organisation spearheading impactful health interventions across Africa. Access Bank said…