Tesla Motors and SpaceX CEO, Elon Musk, along with a group of prominent robotics and AI experts, worry that the use of autonomous weapons could usher in a new era of warfare. Elon Musk is joining a group of prominent robotics and artificial intelligence researchers in calling on the UN to prohibit the development and […]
Month: August 2017
FG moves to deregulate electricity meter acquisition sparks reaction
The Minister of Power, Mr Babatunde Fashola, last week announced plans to liberalise the acquisition of meters by customers for the 11 electricity Distribution Companies (DisCos) to check complaints of overbilling. The announcement, though greeted with ovation from some quarters, caused other customer groups and operators of power assets to call for a fair and […]
FG, states, LGs share N2.8tr in 6 months
The federal, states and local governments shared N2.788 trillion between January and June this year, a 38% increase on the N2.019 trillion shared in the first half of 2016. According to NEITI Quarterly Review which focuses on disbursement from the Federation Accounts and Allocation Committee (FAAC), the review was based on data obtained by NEITI […]
Enugu, China fine-tune bilateral relations
Governor Ifeanyi Ugwuanyi of Enugu State has reiterated his administration’s vision to make the state the economic and industrial hub of the Southeast region and a preferred investment destination in the country. Speaking when the Ambassador of the Peoples Republic of China, Mr. Zhou Pingjian paid a courtesy visit to the Government House, Enugu, the […]
Technology has taken away relevance of crude oil
The Minister of Science and Technology, Dr Ogbonnaya Onu, has said that crude oil lost its relevance in the international market because of innovations in science and technology. Dr Onu, who disclosed this Thursday in Abuja at a world press conference, also said the new world order that was unfolding indicated that the end of […]
SON to introduce product authentication scheme
Standard Organisation of Nigeria (SON) has engaged the services of MSP Secure Technologies Nigeria Ltd, the Nigerian affiliate of an international security printing outfit, Mandras Security Printing Private Limited of India, to introduce a product authentication scheme in Nigeria. The scheme is aimed at assisting consumers to determine the genuineness of products before purchase. Speaking […]
Jaiz Bank posts N540m half year profit
Jaiz Bank Plc has posted a profit of N540.212 million in the first half of the year as against N152.673 million realized in the corresponding period of 2016, showing an impressive growth of 254%. The unaudited report submitted to the Nigerian Stock Exchange shows that the bank grew its total assets to N80.662 billion in […]
Viewers gear up for final battle rounds of Airtel TVN 2
With only two possible steals and one battles round remaining, the rest of the contestants aspiring for a spot in the Live Show of Airtel’s The Voice Nigeria will on Sunday, August, 2017 have their chance to sway the coaches in their duet performances. Knowing that the road to the Lives has worn thin, viewers […]
Alibaba profit nearly doubles on robust revenues
Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men and a global e-commerce icon, has seen its shares soar 80 […]
Uzoma Dozie to speak at the 2017 Marketers Day
By Amechi Obiakpu Advertisers Association of Nigeria (ADVAN) has named the Group Managing Director, Diamond Bank Plc, Mr. Uzoma Dozie as the guest speaker of the 2017 Marketers Day and Annual General Meeting. The ADVAN Marketers day is a foremost platform for the discourse of marketing information and best practices in Nigeria. The event is […]