United States experts urged policymakers to prioritize flexibility in regulating artificial intelligence (AI) technologies, arguing too strict rules could deter investment in AI innovation. A heated debate over AI regulation was sparked by the controversial Senate Bill 1047 in California which would have placed liability on AI developers for severe harm caused by their models….
The 2024 Nigerian-German Investment and Cultural Expo (NGICE) Organising Committee has sought the support of Nigerian Investment Promotion Commission (NIPC) to ensure success of the upcoming expo scheduled to be held in Berlin, Germany from Nov. 26 to 30. The committee made call in a statement jointly signed by the NGICE Organising Committee Chairman and…
The Lagos Chamber of Commerce and Industry (LCCI) has projected the participation of about one million visitors, 300 Chinese businesses alongside 15 other countries at the 2024 Lagos International Trade Fair (LITF). Prince Abimbola Olashore, Chairman, Trade Promotion Board, LCCI, made this known at a news conference on Wednesday in Lagos to detail activities of…
President Bola Tinubu on Wednesday congratulated Dr Zainab Shinkafi-Bagudu, on her election as President of the Union for International Cancer Control (UICC). Tinubu underscored the historic significance of Shinkafi-Bagudu’s election on Oct. 8 as the first African and the fifth woman to lead the global cancer control organisation. He noted the election attested to her…
An Agriculturist, Prof. Lateef Sanni, has stressed the need for collaboration among government, non-governmental organisations, international partners and local communities to achieve food security and create a sustainable future for Nigeria. Sanni, also the Executive Director, Nigerian Stored Products Research Institute, Ilorin, said this in an interview with the News Agency of Nigeria (NAN) on…
Israeli President Isaac Herzog has called on the world to support Israel in the fight against its enemies, as he spoke during a ceremony to mark one year since the Hamas terrorist attack. ‘This is a scar on humanity. This is a scar on the face of the Earth,’’ he said on Monday at the…
A cyberattack led to widespread disruptions at the Russian state-owned broadcaster VGTRK on Monday, according to media reports. The online Russian newspaper Gazeta.Ru reported that a pro-Ukrainian hacker group named “sudo rm -RF” was responsible for the attack, citing Russian intelligence officials. Gazeta.Ru said that the attack affected the online broadcast of the programme, internal…
For several years, the US government has been providing its allies, particularly those within the Five Eyes intelligence alliance (Australia, the United Kingdom, Canada, and New Zealand), with information and communication technologies that may pose significant risks due to the likelihood of embedded software and hardware backdoors and malware that could facilitate unauthorized access to…
Cynthia Rowe, the Development Director at the British High Commission (BHC), says achieving Sustainable Development Goals would accelerate actualisation of Nigeria’s economic growth ambitions. Rowe said this in an interview with the News Agency of Nigeria ( lNAN) on Sunday in Abuja. She said that it was imperative for government to tackle the challenges that…
The Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System (EFEMS), for Foreign Exchange (FX) transactions in the Nigerian Foreign Exchange Market (NFEM). According to a statement by Omolara Duke, Director, Financial Markets Department , the EFEMS will be implemented not later than Dec.1. Duke said that the…
