More than half of companies use AI, IoT in their business processes —Study
A recent Kaspersky study has revealed that more than 50 percent of companies surveyed have implemented Artificial Intelligence (AI) and Internet of Things (IoT) in their businesses’ infrastructures. Additionally, 33 percent are planning to adopt these interconnected technologies within two years. Interconnected technologies are the growing network of devices, systems and applications connected to the internet and each other. The research found that AI and IoT are already used by 54 percent and 51 percent of companies, respectively (55 percent and 44 percent in the META region). One in three plans to adopt them within two years (in META 34 percent plan to use AI and 45 percent IoT).
Source:Nigerian Tribune
March 06, 2024 16:43 UTC
Nigerian agriculturist gets recognition in US
The Sugar Bush Foundation has honoured Peter Makinde, a Nigerian Environment Sciences master’s degree student at Ohio University, USA, with a Medal of Honour for his contribution to the advancement of sustainable agriculture. According to a statement, Makinde played a pivotal role in certifying the Ohio University Student Farm for organic farming, making it the first in Athens County and at Ohio University. “His ongoing advancements in sustainable agriculture serve as a beacon of inspiration for individuals seeking to foster positive environmental and societal change,” it stated. It avoids the use of synthetic chemicals, pesticides, and genetically modified organisms, making it environmentally friendly and promoting biodiversity. “Organic farming also promotes healthier soil, water, and air, contributing to a more sustainable food system,” he added.
Source:Punch
March 06, 2024 11:36 UTC
NOTAP tasks inventors on commercialisation of intellectual property
THE National Office for Technology Acquisition and Promotion (NOTAP) has urged inventors and researchers on the commercialisation of their Intellectual Property (IP) for economic gains. Acting Director-General of NOTAP, Dr Theresa Imiyoho, gave the advice in Abuja recently. “Intellectual property offices were established across the country to ensure that researchers who have patented their inventions can exploit their financial benefits through commercialisation. “Patents that cannot address economic challenges like unemployment, poverty or translate into products and services, become liabilities and are not worth keeping. “Rather than the conventional research for the purposes of career progression, researches are to ensure the commercialisation of their patents in order to exploit the financial benefits.”“Intellectual property is the property of human intellect and should be exploited through commercialisation for the financial benefit of the holder.
Source:Nigerian Tribune
March 06, 2024 08:58 UTC
Punch Knuckle Buster Shade and Maduro Stubby Hit the Cigar Scene
Punch Knuckle Buster, the bold collection that debuted earlier in the 2020s, has just added a collection of natural wrapper smokes to its lineup. Handmade at HATSA in Honduras, Punch Knuckle Buster Shade is beginning to appear at retail, following a ship date of March 1. In other Punch Knuckle Buster news, the Punch Knuckle Buster Maduro line has been beefed up with a short gordo that’s also called Stubby. Brand manager John Hakim said, “Punch Knuckle Buster keeps growing by popular demand. If you haven’t tried one of the Punch Knuckle Buster blends yet, I’d tell you you’re missing out.
Source:Punch
March 06, 2024 08:47 UTC
Digital assets: Reps task security agencies to uphold national security
The House of Representatives underscored on Tuesday the urgent need to uphold national security and equity in the best interest of the nation’s economy as Nigerians continue to grapple with the challenges associated with digital assets, cryptocurrency, money transfer operators, payment gateways, and platforms. “These advancements in financial and other technology have enabled the emergence of novel service providers like cryptocurrency exchanges (Binance, Coinbase, Kraken, etc.) “Already, the recent actions by the government have resulted in cryptocurrency exchanges suspending the buying and selling of USDT and USDC with Naira, which is to the detriment of the Nigerian consumer. There are also questions about the processes and costs involved in the creation of the e-naira and its current status on the global cryptocurrency platform considering the current disposition of the government,” he noted. The House also mandated its Committee on National Security to superintend the engagement of the office of the NSA, other relevant agencies, cryptocurrency exchanges, and stakeholders in tracking, identifying, and recovering illicit and laundered funds or assets.
Source:Nigerian Tribune
March 06, 2024 08:03 UTC
Gopal Snacks IPO packs a bite-sized punch, investors get no crunch
As of September 2023, gathiya and namkeen each contributed 28% of the company's revenues while Western snacks together accounted for 31% and the rest around 13% came from other items such as papad, besan and spices. Packs priced at ₹5 contributed 75% of the company's FY23 revenues and ₹10 packs accounted for 8%.However, the company faces increased competition from the competing family business run by the promoter's brother under the brand name of 'Gokul Snacks'. In the first quarter of FY23, the company reduced the grammage by 3 gm to 5 gm per pouch offered in its most popular ₹5 and ₹10 packs. Besides, the company also reduced retailers' margin per pouch in the ₹5 SKU in Gujarat and Maharashtra. Investors can avoid subscribing to the issue.Gopal Snacks has garnered ₹193.94 crore from anchor investors, ahead of its IPO.
Source:Punch
March 06, 2024 03:55 UTC
On artificial intelligence
ARTIFICIAL Intelligence (AI) is currently one of the hottest buzzwords in the technology arena today and with good reason. So, what really is Artificial Intelligence (AI)? Artificial Intelligence (AI) is usually classified broadly into two categories:- (1). Artificial Intelligence (AI) has a wide range of applications across several industries and domains. So, will Artificial Intelligence (AI) eventually be a blessing or a curse?
Source:Nigerian Tribune
March 06, 2024 00:48 UTC
Woman commits suicide after husband abandoned her with 3 children
A mother-of-three has reportedly committed suicide after her husband abandoned her and the children in Enugu state. This was because her husband left her and the kids because of economic hardship and financial difficulties. The unfortunate incident occurred last weekend in front of Ogui Police Station in Enugu, where the woman ran into a moving car and died instantly. Out of depression, she left her children at the police station, took off her clothes, and ran into a car without any clothes on. In this act of benevolence, a glimmer of hope emerges for these young souls amid the shadows of a devastating tragedy.
Source:Nigerian Tribune
March 05, 2024 23:48 UTC
China sets challenging GDP target in face of regional tensions and ageing population
China has set its target for GDP growth at 5%, in line with analysts’ expectations for another year of historically modest ambitions for the economy, amid regional tensions and its demographic crisis. In a draft version, the government work report spoke of “intensifying geopolitical conflicts” as being one of the negative pressures on China’s economy. According to official statistics, China’s GDP grew by 5.2% in 2023. The International Monetary Fund predicts that China’s economy will grow by 4.6% this year. Enodo Economics, a macroeconomic forecasting firm, said: “the GDP goal has decreased in importance in recent years”.
Source:The Guardian
March 05, 2024 20:42 UTC
IGP joins other Police Chiefs @14th world summit In Dubai
The Inspector General of Police, IGP Kayode Egbetokun is currently participating in the 14th World Police Summit held in Dubai from the 5th to the 7th of March this year. This was contained in a statement made available to newsmen in Abuja on Tuesday by the Force Public Relations Officer FPRO, Assistant Commissioner of Police ACP Olumuyiwa Adejobi’. According to the statement, the global symposium is a forum for law enforcement, security, and policing professionals from around the world to exchange insights, best practices, and strategies for addressing contemporary challenges in public safety and security. ALSO READ:Instagram, Facebook users experience downtime in Nigeria, worldwideIt further explained that during his attendance at the summit, the IGP would participate in high-level discussions, panel sessions, and workshops focused on key thematic areas such as counterterrorism, crime prevention, community policing, and technological advancements in law enforcement. He will also have the opportunity to network with counterparts from various countries, strengthening bilateral and multilateral partnerships in the global fight against crime.
Source:Nigerian Tribune
March 05, 2024 17:08 UTC
Terrorist leader killed in Katsina counter-insurgency operation -Army
Troops of the Nigerian Army have killed a notorious terrorist leader, Maikusa, who is reported to be the second-in-command in the hierarchy of terrorists in Katsina State, under the leadership of another terrorist known as Modi Modi. This was disclosed in a statement by the Director, Army Public Relations, Major General Onyema Nwachukwu, on Tuesday. The statement partly read, “During the operation, troops encountered vehement resistance from the violent extremists, but gallantly overpowered the terrorists with superior firepower neutralising some while others fled in disarray. They were identified as Machika, Haro, Dan Muhammadu and Ali Alhaji Alheri, popularly called Kachalla Ali Kawaje. Machika was said to be a top terrorist bomb expert and the younger brother of a notorious terrorist, Dogo Gide, while Haro and Dan Muhammadu were specialists in kidnapping and assault operations respectively.
Source:Punch
March 05, 2024 16:11 UTC
Experts advocate smart farming practices to combat climate change, others
Experts have advocated smart farming practices to combat climate change, improve productivity and enhance food security in the country. She noted that the project was a micro grant from Adaptation Research Alliance to SCAN in collaboration with the University of Port Harcourt and the University of Nigeria, Nsukka. “Beneficiaries are also expected to go to their various communities and establish the climate smart rural women and youth groups. Ifeanyiobi also stated that improved crop varieties like cassava stems, maize (SC- 526) were also distributed to participants of the workshop (farmers) drawn from the 23 local government areas of the state. Similarly, Dr. Bassey Udom, an Associate Professor, and soil scientist at the University of Port Harcourt, said that the training would help the farmers on innovative soil practices to help cushion climate change.
Source:Nigerian Tribune
March 05, 2024 14:01 UTC
Report: Manchester United, PSG now in pole position to sign Osimhen
According to The Independent newspaper, Manchester United and PSG are now the front runners for the coveted signature of Victor Osimhen. However, The Independent has now reported Manchester United and PSG are in the best positions to land Osimhen. Sir Jim Ratcliffe is the new co-owner of United and he has promised a lot of changes in the summer. The British newspaper said the buyout clause in the contract Osimhen recently signed with Napoli is 110 Million Euros. He has netted 72 goals and made 18 assists in a total of 123 games for Napoli since his transfer in 2020.
Source:The Guardian
March 05, 2024 12:18 UTC
Jim Boeheim appears ready to ‘punch’ ESPN’s Jay Williams for Caitlin Clark take
Iowa Hawkeye’s hoops star Caitlin Clark is box office, and Jim Boeheim is willing to fight for her honor as the best player in the history of women’s college basketball. But, these people, how do they even get jobs saying stuff like that?”3 ESPN analyst Jay Williams has had some doubts about the greatness of Caitlin Clark. “I think she is the Stephen Curry of women’s college basketball,” Williams said on ESPN College Gameday on Feb. 17. “And to bring that up with Caitlin Clark or Karl Malone or John Stockton or people like that, they make their teams so much better. And without them, the Utah Jazz wouldn’t have won too many games without those two guys.”3 Iowa State star Caitlin Clark USA TODAY Sports via Reuters Con3 Jim Boeheim is willing to defend Caitlin Clark by any means necessary.
Source:Punch
March 05, 2024 08:38 UTC
Exclusive | 10 best-selling cars in February 2024: Maruti Suzuki WagonR leads, Tata Punch emerges as top SUV
The Maruti Suzuki WagonR was once again the overall largest-selling car in India on a monthly basis with the Tata Punch emerging as the best-selling SUV in February 2024. Among the 10 top-sellers in February 2024, there were six models from Maruti Suzuki India, two from Tata Motors and one each from Hyundai Motor India and Mahindra & Mahindra. advertisementWagonR, Punch, Baleno in top 3The Maruti Suzuki WagonR was the largest-selling car in India in February 2024 at 19,412 units. Maruti takes next 3 slotsThe Maruti Suzuki Dzire recorded a volume of 15,837 units in February 2024. Top 10 selling cars in February 2024Maruti Suzuki WagonR - 19,412 units Tata Punch - 18,438 units Maruti Suzuki Baleno - 17,517 units Maruti Suzuki Dzire - 15,837 units Maruti Suzuki Brezza - 15,765 units Maruti Suzuki Ertiga - 15,519 units Hyundai Creta - 15,276 units Mahindra Scorpio - 15,051 units Tata Nexon - 14,395 units Maruti Suzuki Fronx - 14,168 unitsSource - Industry
Source:Punch
March 05, 2024 02:35 UTC