The Nigerian government has introduced the $5 Billion Technology Export and Digital Trade Desk, an initiative aimed at strengthening the country’s tech sector, driving innovation, and fostering international competitiveness. The project, launched by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, in collaboration with the Federal Ministry…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
Starting a podcast can be an exciting journey, whether you’re looking to share your expertise, tell compelling stories, or connect with a like-minded audience. But before diving in, it’s essential to understand the tools, strategy, and purpose behind your podcast. Let’s break it down. 1. Why Do You Want to…
OpenAI is secretly working on re-opening its Robotics division if we go by Caitlin Kalinowski’s post on the X platform. This is an interesting turnaround as the company closed the doors on its robotics division in 2020 to focus on building Large Language Models, capable of achieving Artificial General Intelligence.…
YouTube Shorts has reached a significant milestone, offering all users the ability to create and upload videos up to three minutes long. With the rollout of Phase 4 now complete, YouTube has not only expanded the capabilities of Shorts but also enhanced its tools and monetization options, making it easier…
Samsung has unveiled its latest additions to the Galaxy Book lineup: the Galaxy Book5 Pro and Galaxy Book5 360. These new models are designed to meet the growing demand for AI-integrated computing, offering enhanced productivity and seamless integration within the Galaxy ecosystem. AI-Powered Performance Both laptops are equipped with Intel®…
In the professional services world, few names hold the historical weight of Andersen Consulting. Once synonymous with top-tier consulting in the 1990s, the brand is making a bold return, driven by the vision of George Shaheen, its former CEO, and Andersen Global, a growing tax and legal services powerhouse. The…
Nigeria’s telecom sector is bracing for a major shift as the government agrees to a tariff hike—though far less than the 100% increase proposed by mobile network operators (MNOs). Recent stakeholder meetings led by the Nigerian Communications Commission (NCC) and the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun…
Are you a visionary innovator or startup ready to redefine the future? The Lagos State Science Research and Innovation Council (LASRIC) calls on bold thinkers and trailblazers to apply for funding and support under its 2024 Innovation Initiative. The LASRIC is an initiative established by the Lagos State Government to…
The tech world is abuzz with controversy as leading U.S. technology companies, including Amazon, Microsoft, and Meta, push back against the Biden administration’s proposed regulation on global AI chip exports. The rule, expected to be released imminently, is part of a larger effort by the U.S. government to limit the…
Once a trailblazer in Nigeria’s last-mile delivery space, Gokada has found itself at a critical crossroads. On October 18, 2024, the company filed for Chapter 11 bankruptcy protection in Delaware, marking a significant turn in its turbulent journey. Chapter 11 provides companies like Gokada an opportunity to restructure debts without…
In a move that could redefine the visual content landscape, Getty Images and Shutterstock have announced plans to merge under the new corporate name Getty Images Holdings, Inc. As Getty Images approaches its 30th anniversary, this merger represents a significant consolidation of two industry giants and signals an exciting future…
In a significant shift, Meta has announced sweeping changes to its content moderation policies, signaling a renewed commitment to free expression across its platforms, including Facebook, Instagram, and Threads. The move comes amid criticism of over-enforcement and claims of bias in Meta’s current moderation practices, which the company says have…
Multinational steel giant ArcelorMittal has announced the closure of two steel manufacturing plants and a rail production subsidiary in South Africa. This decision, which will impact approximately 3,500 direct and indirect jobs, is being attributed to unsustainable market conditions, including low steel prices and global overcapacity. The closures will affect…
At the ongoing CES, Nvidia unveiled Project Digits, a personal AI supercomputer designed to handle AI models with up to 200 billion parameters. Set to launch in May 2025, this compact powerhouse is built around the new GB10 Grace Blackwell Superchip, a marvel of engineering that delivers the performance needed…
Microsoft has announced plans to invest $80 billion in AI-enabled data centres by the end of its fiscal year in June 2025, a move underscoring the massive capital demands of artificial intelligence (AI) and the intensifying global competition between the United States and China in advanced technologies. The Vice Chairman…
The Central Bank of Nigeria (CBN) has embarked on a bold restructuring initiative, marking a significant shift towards digitization. As part of this transformation, 1,000 employees have voluntarily exited the institution, reflecting the bank’s efforts to align its workforce with the demands of a tech-driven banking model. This development, confirmed…
Singapore-based agribusiness powerhouse Olam Group has confirmed receiving a proposal from the Saudi Agricultural and Livestock Investment Company (SALIC) to acquire the remaining stake in its agribusiness arm, Olam Agri. This follows SALIC’s 2022 acquisition of a 35.4% stake in Olam Agri for $1.24 billion, as part of a Strategic…
Apple has reached a $95 million settlement to resolve a class-action lawsuit alleging that its Siri voice assistant violated users’ privacy. The settlement, filed in Oakland, California, awaits approval from U.S. District Judge Jeffrey White and marks the conclusion of a decade-long controversy over Siri’s inadvertent recording of private conversations.…
Egypt-based edtech-focused VC EdVentures, the investment arm of Nahdet Misr, has announced significant six-digit investments in two high-potential startups, Schoolz and Ibn Sina Training Academy, through its innovative EdTech Ventures Studio (EDVS) program. This funding marks a significant step forward in EdVentures’ mission to foster a thriving EdTech ecosystem, expanding…
Spotify, the global audio giant with over 640 million users and more than 250 million subscribers, is setting new standards for creator monetization and audience engagement. In a move to strengthen its position as a creator-first platform, Spotify has officially rolled out the Spotify Partner Program, a groundbreaking monetization system…