The Lagos State Government has announced plans to simplify and harmonize its revenue and tax system, a move designed to stimulate economic development and create a more business-friendly environment. This initiative was revealed by Mr. Abdul-Kabir Ogungbo, Special Adviser to Governor Babajide Sanwo-Olu on Taxation and Revenue, during a press conference held on Thursday in Read More…
Tag: technology
Sanwo-Olu advocates tech-driven solutions for local challenges
Governor Babajide Sanwo-Olu has reaffirmed Lagos State’s dedication to harnessing technology for sustainable solutions to indigenous challenges. Speaking at the Endeavor Nigeria’s Annual Scale Up Entrepreneurship Summit in Victoria Island, the governor emphasized technology’s role in ensuring food security, efficient transportation, quality healthcare, and education. Sanwo-Olu highlighted the government’s initiatives, emphasizing the importance of infrastructure Read More…
Exploring possibilities: AI’s potential in transforming Nigeria’s civil service
In a hypothetical scenario where Artificial Intelligence (AI) assumed complete control of the Nigerian Civil Service, the landscape transformed drastically. The Nigerian Civil Service, traditionally marred by bureaucracy, inefficiency, and corruption, witnessed a paradigm shift as AI systems were deployed across its administrative corridors. The Nigerian Civil Service, a cornerstone of governance, has long grappled Read More…
Lagos State Empowers Retirees: New Crafts, Fresh Beginnings
Retirees Mrs. Majekodunmi Bolanle, aged 66, and Mrs. Kuburat Animashaun, aged 64, have embraced new pursuits to engage their hands and rejuvenate their minds. Both grandmothers willingly enrolled at the Lagos State Skills Acquisition Centre in Agidingbi to enhance their skill sets, diving into computer operations and software, a new vocation they eagerly pursued. These Read More…
OpenAI welcomes back Sam Altman as CEO in a dramatic reversal
Amidst high-stakes discussions about the future of OpenAI, the company has announced the return of Sam Altman as CEO, just days after his abrupt removal, marking a significant turnaround for the AI powerhouse. The reinstatement of Altman follows intense negotiations, leading to an agreement that also involves a major overhaul of the board of directors, Read More…
GIABA urges West African states to prioritise prosecution of illicit financial flows
In a bid to combat terrorism financing and tackle financial crimes, the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has emphasised the urgent need for member states to prioritise the prosecution of illicit financial flows. The call came during the 2023 summit for Compliance Officers in West Africa, themed around the “Intersection Read More…
OpenAI shakeup: Altman sets sights on new AI venture; departures rattle company
Sam Altman, ousted CEO of OpenAI, is steering towards a new artificial intelligence (AI) venture following his dismissal, sources familiar with the plan disclosed on Saturday. The departure of Altman has sent ripples across the tech industry, leaving numerous questions about the future of the company. Former OpenAI president Greg Brockman, who exited the company Read More…
President Tinubu committed to mitigating economic reforms’ impact, asserts Wale Edun at IoD conference
During the Chartered Institute of Directors Nigeria (CIoD) Annual Directors Conference in Abuja, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, highlighted President Bola Tinubu’s empathetic stance and dedication to minimizing the hardships arising from economic reforms for Nigerians. Edun assured that these reforms, despite their necessity, would take time before Read More…
Global governments race to implement AI regulations amidst rapid technological advancements
In an era marked by the rapid evolution of artificial intelligence (AI), governments worldwide are grappling with the task of creating effective regulations to govern the technology’s use. Notably, Microsoft-backed OpenAI’s ChatGPT has contributed to the complexity of this issue, prompting various national and international governing bodies to take action. Australia is addressing the prevention Read More…
Social media firm X, formerly Twitter, to remove blocking feature, announces Elon Musk
In a recent controversial decision, Elon Musk, the owner of social media company X, formerly known as Twitter, revealed plans to eliminate a protective functionality that enables users to block other accounts. This move has sparked debates within the company that Musk acquired last year. The block feature on X allows users to restrict specific Read More…