September 18, 2025

Technology

Business Technology

OpenAI Signs Historic $300 Billion Cloud Deal with Oracle

San Francisco/New York | September 11, 2025 Artificial intelligence research company OpenAI has signed one of the largest cloud-computing contracts in history, committing to purchase $300 billion worth of computing power over five years from Oracle, according to reports confirmed by The Wall Street Journal and Reuters.The agreement, scheduled to begin in 2027, will provide

Read More
General Technology

Nigerian Firms Now Spend Over 30% of IT Budgets on Data Privacy Protection

Lagos, Nigeria | September 9, 2025 — Nigerian companies are ramping up investments in data privacy and security, with new industry reports showing that over 30 percent of their annual IT budgets are now dedicated to safeguarding sensitive information and meeting compliance standards. The trend reflects rising concerns about cyber threats, regulatory pressure, and growing

Read More
General Technology

2025 International Literacy Day: First Lady Oluremi Tinubu Urges Nigerians to Bridge Digital Divide

Abuja, Nigeria | September 8, 2025 Nigeria’s First Lady, Senator Oluremi Tinubu, has called on Nigerians to unite in bridging the digital divide as a pathway to building a more inclusive and prosperous society. In her message marking the 2025 International Literacy Day, themed “Promoting Literacy in the Digital Era”, Mrs. Tinubu emphasized that collective

Read More
General Technology

XTX Markets Unveils $35,000 Monthly Internship, Raising Stakes in AI Talent War

Global trading firm XTX Markets has announced a rolling 12–14 week AI research internship programme, offering interns a monthly salary of $35,000, one of the highest compensation packages ever advertised for such a role. The listing, posted this week, highlights the growing demand for top-tier quantitative and artificial intelligence talent within the high-frequency trading industry.

Read More
NASFAT Technology

NASFAT Commissions Youth Information Technology Centre in Lagos

The Nasrul-Lahi-L-Fatih Society (NASFAT) has officially commissioned its Youth Information Technology Centre (NASYITEC) in a grand opening ceremony held on Thursday, August 29, 2025. The event, which took place at NASFAT Headquarters in Alausa, Ikeja, attracted key stakeholders, youth representatives, community leaders, and tech enthusiasts. The commissioning marks a significant milestone in NASFAT’s commitment to

Read More
Education Technology

FUO Students to Represent Nigeria at NextGen Innovation Challenge Grand Finale in London

Fountain University is proud to announce that one of its outstanding students, Muadh Adekunle Monsuru, a Computer Science undergraduate, has been shortlisted to participate in the prestigious NextGen Innovation Challenge Grand Finale in London. Muadh’s inspiring innovation journey began at Fountain University during the institution’s 13th Convocation Ceremony, where he competed in the Innovation Challenge

Read More
General Technology

Tinubu Vows Tech-Driven Growth, Food Security to Match Brazil’s Progress

Abuja, August 27, 2025 — President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to driving national development through technology and food security, urging Nigerians to draw lessons from Brazil’s transformation into a global powerhouse. Speaking during an engagement with stakeholders, the President reflected on Nigeria’s potential, stressing that the nation has the resources and

Read More
General Technology

Nigeria Hosts Inaugural African Defence Summit, Matawalle Calls for Tech-Driven Security Cooperation 

Abuja, Nigeria — August 26, 2025 Minister of State for Defence, Bello Matawalle, has urged African nations to strengthen continental cooperation in tackling evolving security threats, including terrorism, maritime insecurity, and cyberattacks. Speaking at the opening of the first African Chiefs of Defence Staff Summit (ADCSS) in Abuja, Matawalle described the challenges as “complex, transnational,

Read More
Agriculture Technology

East-West Seed Deploys Agri-Tech to Unlock Africa’s $8.8bn Vegetable Market

August 25, 2025 — East-West Seed, a global player in tropical vegetable seed innovation, has unveiled a strategic move to harness agricultural technology in tapping into Africa’s booming vegetable market, currently estimated at $8.8 billion. The company said the initiative is tailored to address rising climate challenges affecting food security across West Africa and the

Read More
Artificial Intelligence Business Technology

Artificial Intelligence Reshaping Global Real Estate Industry

Lagos, Nigeria | August 22, 2025 Artificial Intelligence (AI) is transforming the real estate industry worldwide, driving efficiency, enhancing property valuations, and reshaping client engagement. A recent Morgan Stanley report projects that AI could automate 37% of tasks in the sector, unlocking as much as $34 billion in operational savings by 2030. Adoption is already

Read More