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Prof Emeje: Courier, logistics can boost Nigeria’s GDP by 60%

THE Executive Chairman, Courier and Logistics Management Institute (CLMI), Distinguished Prof Simon Emeje, has said the courier and logistics sub-sector can boost Nigeria’s gross domestic product (GDP) by 60 per cent, if fully tapped. The CLIMI boss said tapping into the industry with assets worth over ₦15 trillion requires regulatory excellence and innovation. He made…

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Global conference on future technology standards begins

The World Telecommunication Standardization Assembly (WTSA-24) opened today in New Delhi, India, where policy-makers, industry leaders and tech experts will meet to consider global actions to reinforce the standardization work of ITU, the UN Agency for Digital Technologies. The opening ceremony highlighted the push for universal connectivity, the need for ethical artificial intelligence (AI), the…

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E-commerce fraud to hit $107b on AI

Artificial Intelligence (AI) is fueling the sophistication of attacks across the electronic commerce or ecommerce ecosystem with the use of deep-fakes to defeat verification systems being a key threat. This threat, combined with rising levels of ‘friendly fraud’, where fraud is committed by the customer themselves, such as refund fraud, is increasingly threatening merchant profitability,…

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Nigeria’s blockchain group commits to ethical standards

A group, Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), has restated its commitment promoting and safeguarding the integrity, transparency, and ethical standards of the blockchain industry in the country. The group, in a statement jointly endorsed by Obinna Iwuno and Barr Mela Claude Ake,     President, and member, SiBAN Board of Trustees of SiBAN…

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