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GOOGLE EMPLOYEE RESIGNS, WARNS ‘KILLER ROBOTS’ COULD START WAR

A former employee of Google who has resigned said a new generation of autonomous weapons or “killer robots” could accidentally start a war or cause mass atrocities. Laura Nolan was a former top [...]

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POLICE OFFICERS RAISE CONCERNS ABOUT ‘BIASED’ AI DATA

The domestic equities market resumed the week on a negative note as the All Share Index declined by 0.74 per cent to settle at 27,547.32 basis points while the year-to-date loss worsened to –12.3 [...]

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STOCK MARKET REPORT FOR 13TH SEPTEMBER 2019

A total turnover of 1.147 billion shares worth N14.082 billion in 17,980 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.101 billion shares [...]

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WHY ICT MAY DOUBLE PETROLEUM CONTRIBUTION TO NIGERIA’S GDP BY 2021

The oil sector has been the mainstay of Nigerian economy for a long time, but it appears the growing influence of the Information and Communications Technology, ICT sector, is going to change the [...]

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TERRORISTS COULD PRINT WEAPONS IN 3D FOR MASS DESTRUCTION

Bad actors could soon use 3D printers, combined with artificial intelligence, to secretly create nuclear, chemical, and biological weapons of mass destruction (WMDs), Futurism reported. That’s [...]

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FACEBOOK CANCELS EVENT IN SOUTH AFRICA

Facebook has cancelled its upcoming event in Cape Town, South Africa scheduled for October 3rd, 2019 due to ‘unforeseen circumstances’. It is unclear, however, if the cancellation is related to [...]

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FEC OKAYS 7.2% VAT RATE, N10TN 2020 BUDGET

The Federal Executive Council on Wednesday approved 7.2 per cent as new Value Added Tax rate for the country, up from the current five per cent. However, a decision has yet to be taken on the [...]

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STOCK MARKET REBOUNDS WITH N51BN GAIN

The nation’s stock market witnessed a rebound on Wednesday as investors gained N51.5bn on the back of price appreciation in May and Baker Nigeria Plc and 18 other stocks. At the end of trading on [...]

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ARRESTS IN 10 COUNTRIES OVER MONEY-TRANSFER SCAMS

Police in 10 countries have arrested 281 people they suspect of carrying out large-scale money-transfer scams. The FBI co-ordinated the raids over several months against groups of people [...]

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BUDGET: N1.15TN DEFICIT RECORDED IN SEVEN MONTHS

Between January and July this year, the Federal Government recorded a fiscal deficit of N1.15tn in its operations, figures obtained from the Central Bank of Nigeria have revealed.  The 2019 [...]

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