Technology

FG Establishes 42 Technology Transfer Centres

FG Establishes 42 Technology Transfer Centres

Economy, Inside, News, Technology
The Federal Government has established 42 technology transfer centres in order to encourage market-oriented researches across the country, the Minister of Science and Technology, Dr Ogbonnnaya Onu, has said. Onu said this at the commemoration of the African Day for Technology and Intellectual Property in Abuja on Thursday. According to the minister, the technology transfer centres, established through the National Office for Technology Acquisition and Promotion, is a recognition that research should be driven by the needs of the industry rather than a mere academic pursuit. The African Day for Technology and Intellectual Property, commemorated on September 13 of every year, aims to encourage nations on the continent to arouse the innovative spirit of Africans in order to facilitate h...
Firm Launches Technology To Boost Agric

Firm Launches Technology To Boost Agric

Agriculture, Business, Inside, Technology
Wells Hosa Green House Farms has launched a Hydroponic Technology, a method of growing plants in controlled environments, using mineral nutrients in water and no soil. The technology is created from different systems integrated by irrigation, fertilisation and pest control, to obtain increase in the plants growth and nutrients, as compared with traditional open field methods. The firm explained that the technology had been positioned to help revolutionise the tomato industry in Nigeria and impact the entire agricultural sector of the nation. The chief executive of Wells Hosa Farm, Captain Hosa Okunbor, said this in a speech he delivered in Benin. “Also, it aims at satisfying both domestic and export demand of horticultural products and increasing non-oil exports in the international
Banks Should Adopt New Technology To Curb Fraud – Experts

Banks Should Adopt New Technology To Curb Fraud – Experts

Inside, News, Technology
Deposit Money Banks have been urged to be quick in adopting new technology and systems to curb fraud in the nation’s financial services industry. Technology experts, who spoke in separate interviews with our correspondent, said there was a need for banks and other financial institutions to regularly upgrade their technology facilities to block loopholes and improve systems. With the increase in the use of mobile phones for financial transactions and online purchases, the level of fraud in the industry has risen in recent years. The Chief Executive Officer, VoguePay, Michael Simeon, said stronger and more refined technologies should be adopted by banks. According to him, by evidence, technology has done more good than harm in the financial services industry by creating jobs and opport
Feedbackhall.com, Online Platform Targets Consumers’ Satisfaction

Feedbackhall.com, Online Platform Targets Consumers’ Satisfaction

Inside, News, Technology
To allow consumers share product experience and provide firms feedback directly from their customers in real-time, Feedbackhall.com has launched its online platform in Nigeria. The platform, which is the first comprehensive consumer opinion site, is leveraging on technology to improve consumer satisfaction on goods they consume.This is in line with the international consumer rights law and the Consumer Protection Council of Nigerian (CPC), which posited that consumers have a right to be informed, educated and satisfied with basic needs and they have responsibility to be aware, inform producers of their expectations, and inform businesses and other consumers about their experiences.Speaking during the launch of the platform, Founder, Feedbackhall.com, Dr. Chiugo Kanu...
Security Operatives Task Nigerians On New Online Threats

Security Operatives Task Nigerians On New Online Threats

Inside, News, Technology
Security operatives in the country have beckoned on Nigerians to keep abreast of latest technologies in order not to fall prey to online predators.According to them, numbering over 40 from across 15 security agencies, they gathered at the Global Accelerex Cyber Crime Seminar for Nigeria’s Security Agencies in Abuja, last week and canvassed for new model in tackling cyber breaches, which to them has become highly prevalent worldwide. From the Nigerian Navy, Commodore Hamza Ibrahim said Cyber Security is about process, technology and people, adding: “The human element must be constantly strengthened and nurtured through continuous training and education. This seminar is therefore an avenue to build capacity and create awareness, which is critical to the improvement of security operations.
Lagos ICT Cluster Project Takes Off, Targets More Investments

Lagos ICT Cluster Project Takes Off, Targets More Investments

Inside, News, Technology
The Lagos State Government has announced the commencement of the Yaba Information and Communications Technology (ICT) Cluster project, termed: KITE@Yaba. KITE, which stands for Knowledge, Innovation, Technology and Entrepreneurship, is to provide an enabling environment that will facilitate and support the development of a technology cluster and ecosystem within the Yaba District of Lagos. It is expected that this initiative, which is being championed by Governor Akinwunmi Ambode, will contribute significantly to the economic development of Nigeria and position Lagos State as the hub for innovation in the country, and preferred destination for technology investors and innovators. The State Commissioner for Science and Technology, Hakeem Fahm, on Monday, noted that KITE@Yaba is a publ...
ISPs Struggle, Connect 219,117 Subscribers To Internet

ISPs Struggle, Connect 219,117 Subscribers To Internet

Inside, News, Technology
The growth profile of licensed Internet Service Providers (ISPs) in the country has continued to plummet.Statistics obtained by The Guardian from the Nigerian Communications Commission (NCC) confirmed this. The statistics revealed that out of the 219,117 connections, only about 126, 378 users are active on the Internet through the ISPs as at first quarter 2018. These connected lines were made possible by the efforts of 23 ISPs, including Spectranet, IS Internet Solutions, VDT, Cobranet, e-Stream, Cyberspace, MainOne Cables, Juniper Solutions, Backbone Connectivity, Hyperia, ipNX, Zeta-Web Nigeria, Ekovolt Telco Nigeria, Layer 3 Ltd, NetAccess Communications Nigeria, among others. The implication of this is that the Mobile Network Operators (MNOs), including MTN, Globacom, Airtel and ...
Experts Identify Best Practices To Enhance Digital Banking

Experts Identify Best Practices To Enhance Digital Banking

Business, Inside, News, Technology
Best practices will be crucial to enthroning a digital banking system in Nigeria, and according to experts, would enable players’ to be committed to repositioning the country’s financial landscape. This idea came to the fore at the weekend in Lagos, when Inlaks, a leading system integrator in sub-Saharan Africa, in partnership with Temenos, the global banking software company, HID, an American manufacturer of secure identity solutions, and the Central Bank of Nigeria (CBN), brought stakeholders together at a forum for financial players. The forum highlighted how digital technology is reshaping the banking industry, and provided in-depth insights into various market trends and advances both locally and globally. Presenting a keynote with the theme: “Banking in the Digital Age
FG To Drive Youth Entrepreneurship With Technology

FG To Drive Youth Entrepreneurship With Technology

Business, Inside, Start-ups, Technology
The federal government has unveiled plans to drive youth entrepreneurship in the country through the use of technology.The Vice President, Prof. Yemi Osinbajo, disclosed this at the Student Innovation Challenge (SIC) South West regional demo day held at the University of Lagos. Osinbajo stated: “The best of technological companies started from the universities and this is why we have decided to build technology hubs in the six geopolitical zones, starting at the University of Lagos. “Everybody knows where the smart money is looking and we all know that the universities are the best place to get the very best talents because we believe it is what is needed to shape the future of the country.” The vice president added that government is partnering with the United Nations Development Progr
Nigeria to Drive Youth Entrepreneurship With Technology

Nigeria to Drive Youth Entrepreneurship With Technology

Enteprise, News, Technology, Youth
In a bid to achieve a knowledge-based economy in the near future, the federal government has unveiled plans to drive and support youth entrepreneurs in the country deploying the use of technology. The Vice President, Yemi Osinbajo, stated that the federal government has concluded plans to build technological hubs in the six geopolitical zones, pointing out that it is the way to shape the future of the country. The Vice President at the Student Innovation Challenge (SIC) South West regional demo day held at the University of Lagos, said “The best of technological companies started from the universities and this is why we have decided to build technology hubs in the six geopolitical zones starting at the University of Lagos. “Everybody knows where the smart money is looking and we a