Nigeria has recorded a significant 19.3 per cent decline in the level of oil exploration in the first 10 months of this year, a development which may be threatening the Federal Government’s plan to restore growth in crude oil reserves. Data from the Organisation of Petroleum Exporting Countries, OPEC, indicated that
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When your robot vacuum cleaner does its work around the house, beware that it could pick up private conversations along with the dust and dirt. Computer scientists from NUS have demonstrated that it is indeed possible to spy on private conversations using a common robot vacuum cleaner and its built-in
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IBM recently made announcements about their support for the Digital4Agriculture Initiative (D4Ag) on the 7th of December 2020. IBM intend to promote participation in the agricultural sector and improve the standard of living of local farmers by enabling more efficient farming processes. The IBM Weather Company, Digital4Agriculture (D4Ag) provides several African companies
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Facebook-backed Libra Association announced the change of name of their cryptocurrency from Libra to Diem in a bid to prove the organization’s independence from Facebook and get the approval of regulatory bodies ahead of their launch in January 2021. Earlier announcements by the Libra associations were received with great skepticism and
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If Nigeria and other African countries checkmate the yearly loss of $140 billion to corruption, the continent might be able to reduce rising production costs and improve citizens’’ access to the regular power supply, members of the organised private sector have said. Citing data from the African Union (AU), the Executive
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Engr Atinuke Wuraola Owolabi is the CEO of Wurvicat International Limited and founder of some NGOs active in empowering and uplifting lives. She is a graduate of electrical engineering from University of Ilorin, Nigeria and holds a Master in Engineering and Management of Coventry University, UK. Her passion is to serve.
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The rapidly emerging artificial intelligence agenda at the World Intellectual Property Organisation needs attention from African policy makers. The World Intellectual Property Organisation is driving a rapid policy process to set the international agenda on artificial intelligence and intellectual property, with debates centring on developed countries’ interests. The outcome is likely
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Uber is divesting its driverless car unit – the Advanced Technologies Group – to startup company Aurora which is backed by Amazon and Sequoia. There is no price being paid for the deal. Instead Uber is to invest $400 million in Aurora and transfer its driverless technology to Aurora in return
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Sidewalk Infrastructure Partners (SIP) and OhmConnect are partnering to create Resi-Station, a 550 MW clean energy plant that will go live in California next month. At full scale, in three years, it will be the largest residential power plant in the world, said SIP and OhmConnect, a virtual power plant
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Following the new Federal Government’s circular on the administration of Public-Private Partnership (PPP) projects, the Bureau of Public Enterprises (BPE) shall be responsible for the concession of affected assets. This was disclosed by the Vice President and Chairman of the National Council on Privatisation (NCP), Prof. Yemi Osinbajo. In addition, he
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