Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Telecom

Bletchley Declaration: UK, US, Nigeria Others Unite to Accelerate Development of AI

Published

on

Kindly share this post

Leading AI nations, convened for the first time by the UK and including the United States, Nigeria and China, along with the European Union, have today reached a world-first agreement at Bletchley Park establishing a shared understanding of the opportunities and risks posed by frontier AI and the need for governments to work together to meet the most significant challenges.

The Bletchley Declaration on AI safety sees 28 countries from across the globe including in Africa, the Middle East, and Asia, as well as the EU, agreeing to the urgent need to understand and collectively manage potential risks through a new joint global effort to ensure AI is developed and deployed in a safe, responsible way for the benefit of the global community.

Countries endorsing the Declaration also include Brazil, France, India, Ireland, Japan, Kenya, the Kingdom of Saudi Arabia, Nigeria and the United Arab Emirates.

The Declaration fulfils key summit objectives in establishing shared agreement and responsibility on the risks, opportunities and a forward process for international collaboration on frontier AI safety and research, particularly through greater scientific collaboration. Talks today, with leading frontier AI companies and experts from academia and civil society, will see further discussions on understanding frontier AI risks and improving frontier AI safety.

Countries agreed substantial risks may arise from potential intentional misuse or unintended issues of control of frontier AI, with particular concern caused by cybersecurity, biotechnology and misinformation risks. The Declaration sets out agreement that there is “potential for serious, even catastrophic, harm, either deliberate or unintentional, stemming from the most significant capabilities of these AI models.” Countries also noted the risks beyond frontier AI, including bias and privacy.

Recognising the need to deepen the understanding of risks and capabilities that are not fully understood, attendees have also agreed to work together to support a network of scientific research on Frontier AI safety. This builds on the UK Prime Minister’s announcement last week for the UK to establish the world’s first AI Safety Institute and complements existing international efforts including at the G7, OECD, Council of Europe, United Nations and the Global Partnership on AI. This will ensure the best available scientific research can be used to create an evidence base for managing the risks whilst unlocking the benefits of the technology, including through the UK’s AI Safety Institute which will look at the range of risks posed by AI.

The Declaration details that the risks are “best addressed through international cooperation”. As part of agreeing a forward process for international collaboration on frontier AI safety, The Republic of Korea has agreed to co-host a mini virtual summit on AI in the next six months. France will then host the next in-person Summit in a year from now. Further details on these events will be confirmed in due course.

This ensures an enduring legacy from the Summit and continued international action to tackle AI risks, including informing national and international risk-based policies across these countries.

The Declaration, building upon last week’s announcement of the UK’s emerging processes for AI safety, also acknowledges that those developing these unusually powerful and potentially dangerous frontier AI capabilities have a particular responsibility for ensuring the safety of these systems, including by implementing systems to test them and other appropriate measures.

Prime Minister Rishi Sunak said: “This is a landmark achievement that sees the world’s greatest AI powers agree on the urgency behind understanding the risks of AI – helping ensure the long-term future of our children and grandchildren.

“Under the UK’s leadership, more than twenty five countries at the AI Safety Summit have stated a shared responsibility to address AI risks and take forward vital international collaboration on frontier AI safety and research.

“The UK is once again leading the world at the forefront of this new technological frontier by kickstarting this conversation, which will see us work together to make AI safe and realise all its benefits for generations to come.”

Michelle Donelan, Technology Secretary said:  “Today’s agreement, signed by attendees from across the globe, offers an important first step as we begin two days of vitally important discussions here at Bletchley Park.

“We have always said that no single country can face down the challenges and risks posed by AI alone, and today’s landmark Declaration marks the start of a new global effort to build public trust by ensuring the technology’s safe development.

“Bletchley Park marks the start of a long road ahead, and the Summit will kickstart an enduring process to ensure every nation and every citizen can realise the boundless benefits of AI”.

Foreign Secretary, James Cleverly, said: “AI knows no borders, and its impact on the world will only deepen.

“The UK is proud to have kickstarted the global discussion at Bletchley Park on how we ensure the transformational power of AI is used as a force for good by and for all of us.”

A spokesperson for the French Presidency said: “The French authorities welcome the international and cooperative work cycle launched by the AI Satefy Summit to analyse, understand and respond to the risks that certain Frontier AI models could cause. France is ready to participate in this long-term collective effort and will be happy to host the next in person Summit”.

A spokesperson for the Republic of Korea Government said: “Minister Lee is delighted that Korea will be the co-hosts of the mini virtual summit. Korea is a world leader in technologies like AI and recognises the importance of multilateral cooperation to ensure AI technologies are designed, used and governed in safe ways.”

To mark the opening of the Summit, His Majesty The King delivered a virtual address, via video to the AI Safety Summit this morning as proceedings got underway. His Majesty pointed to AI being one of the ‘greatest technological leaps in the history of human endeavour’ and hailed the technology’s enormous potential to transform the lives of citizens across the world through better treatments for conditions like cancer and heart disease.

The King also spoke of the ‘clear imperative to ensure that this rapidly evolving technology remains safe and secure’ and the need for ‘international coordination and collaboration’. The King’s address signed-off with thanks for the vital role attendees will play over the next two days, laying the foundations for a ‘lasting consensus’ on AI safety to cement its place as a force for good.

Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, Federal Republic of Nigeria said: “Artificial Intelligence offers an unprecedented opportunity to appropriate knowledge more quickly and seamlessly in addressing some of our pressing socio-economic challenges. Our duty as policymakers is to ensure that our nation can participate and mainstream value creation from AI.

“As we embark on this journey to accelerating our investment in the use of AI for good, it is essential to collaborate with long-standing allies to deepen our capacity and knowledge.


Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Telecom

Anambra Deepens Digital Reforms, Eyes Top Ranking in Ease of Doing Business

Published

on

Kindly share this post

From Angela Nwanodu

Anambra State has reaffirmed its commitment to building a tech-driven and business friendly environment.

The State Government led by His Excellency, Prof. Charles Chukwuma Soludo, CFR reiterated the commitment at the maiden State Action on Business Enabling Reforms (SABER) technical session and statewide town hall meeting on Tuesday, July 8, 2025, held at the International Conference Center, Awka.

The event formed part of the nationwide tour by the Presidential Enabling Business Environment Council (PEBEC), bringing federal reform champions face-to-face with state officials, private sector leaders, and the business community.

In his remarks, Governor Soludo who was represented by the Deputy Governor, Dr. Onyeka Ibezim, welcomed the PEBEC team and stakeholders, describing the session as timely and essential.

He stressed that Anambra’s business reforms are deliberate and data-driven, echoing Governor Charles Chukwuma Soludo CFR’s belief that “if you can’t measure it, you can’t improve it.”

Governor Soludo reaffirmed that although Anambra currently ranks 7th nationally and leads the South East on ease of doing business, the state views reforms as an ongoing, measurable process grounded in technology, planning, and accountability.

Princess Zahra Mustapha Audu, DG of PEBEC, in her goodwill remarks delivered via video, described the SABER programme, a $750 million World Bank-supported initiative, as a transformative partnership co-designed to help states implement global standards and create easier, more transparent business environments.

She stressed that while designing reforms matters, real impact comes from effectively implementing them, with states as the true engines of economic growth.

The State Commissioner for Budget and Economic Planning, Mrs. Chiamaka Nnake, in her opening remarks, emphasized that with over 98% of Anambra’s wealth held by the private sector, government reforms must be deliberate and responsive.

She noted that under Governor Soludo’s leadership, Anambra has remained intentional about ensuring businesses face fewer obstacles and enjoy a competitive edge.

During the technical session, PEBEC reform leaders Ohiemi Gabriel, Ifeanyi Icheke, and Oluwatofunmi Odunladi commended Anambra’s reform champions for their consistent efforts in reporting, as well as the state government’s resolve which earned the state 7th place nationally and first in the South East in 2021 and 2023.

They encouraged Anambra to deepen its reforms ahead of the next ranking in December 2025, which will spotlight top-performing states and most improved states, alongside tailored recommendations for investors.

The highlight of the event was the panel discussion and town hall meeting anchored by the PEBEC team, featuring members of the State Executive Council as panelists, including the MD/CEO of the Anambra State ICT Agency, Chukwuemeka Fred Agbata, CFA; Commissioners for Industry, Lands, Power and Water Resources; MD of ANSIPPA; and MD of ASBA.

During this session, panelists discussed how technology is central to Anambra’s reform agenda. They spotlighted initiatives like the ANAMGIS (Anambra Geographic Information System), which digitizes land processes; the Grievance Redress Mechanism that swiftly addresses investor concerns; the adoption of the .anambrastate.gov.ng domain to standardize official digital communications and strengthen trust in government services; and the ongoing expansion of fiber ducts to enable 5G connectivity, all reflecting the administration’s “Everything Technology, Technology Everywhere” vision.

The conversation also highlighted Solution Lens, a civic engagement platform designed to deepen citizen participation and transparency by allowing residents to track and report on government projects across the state.

Together with strategic projects like road constructions which are deliberate efforts by Governor Soludo to inter- connect Anambra State for easy moving round in doing business.

These reforms aim to enhance transparency, and position Anambra as a smarter, investor-friendly state

As Anambra prepares for the next PEBEC evaluation, government and stakeholders reiterated their resolve to keep reforms measurable, digital-led, and investor-focused

With technology and intentional governance at its heart, Anambra State is strengthening its position as a modern hub where businesses can invest, scale, and thrive.


Kindly share this post
Continue Reading

Telecom

MTN’s Karl Toriola and Business Leaders Champion Corporate Climate Reform

Published

on

Kindly share this post

In a defining step toward sustainable transformation, Nigeria has officially joined the global Climate Governance Initiative (CGI), a platform empowering corporate board members to take decisive climate action.

Evoto

The initiative’s virtual launch drew a dynamic mix of leaders—former ambassadors, government officials, business executives, and climate advocates from across Africa and beyond.

Dr. Myma Belo-Osagie, Chair of the CGI Nigeria Advisory Board, welcomed attendees with a call to reimagine corporate leadership: climate risks, she noted, should no longer be treated as external issues—they must be integrated into strategic decision-making. She pointed to green finance, regenerative agriculture, and circular business models as key areas of opportunity.

Echoing that sentiment, MTN Nigeria CEO, Dr. Karl Toriola, warned that climate challenges already influence everything from access to capital to long-term competitiveness. “Climate risk directly affects our bottom line. It’s no longer optional to care—it’s necessary,” he said.

Toriola detailed how MTN has embedded climate governance at the core of its operations. From energy-efficient innovations like solar-powered towers and motion-sensor lighting to a nationwide battery and device recycling program, MTN is actively reducing its environmental footprint. Crucially, all executive performance indicators now include sustainability goals—with incentives tied to measurable impact.

He didn’t shy away from the hard truth: genuine climate progress will require sacrifice. “You can’t make an omelet without breaking eggs,” he said, urging corporate leaders to prioritize climate resilience even when it’s inconvenient or costly.

As CGI Nigeria joins a growing global network of corporate climate advocates, the message is clear—business leadership must go beyond profit to steward environmental accountability. From the boardroom to rural infrastructure, Nigeria’s private sector has a pivotal role in shaping a more sustainable future.


Kindly share this post
Continue Reading

Telecom

Save & Win: FCMB Promo Makes 12 Millionaires, Over 3,000 Winners

Published

on

Kindly share this post

First City Monument Bank (FCMB) has rewarded 3,016 customers in Season 10 of its ongoing Millionaire Promo. So far, 12 customers have won the top prize of ₦1 million each, while 3,004 others have received different cash rewards.

The winners were selected through electronic draws held between January and June, ensuring broad participation. The promo is open to new and existing savings account holders and ends in September.

During the fifth draw held on June 17, four additional customers won the star prize of ₦1 million each, with 112 others also receiving cash prizes. The latest millionaires include Ranti Badmos from Lagos, Wilson Onoezikome in Kaduna, Esther Obafemi in Ijebu-Ode, Ogun State, and Israel Oruma in Asaba, Delta State.

Israel Oruma, a timber merchant, expressed his delight at winning, saying the prize would significantly support his business.

“This is a pleasant surprise. I have been facing financial challenges recently. The ₦1 million will go a long way in assisting me. I’m investing it in my business and will encourage all my staff, family, and friends to open an account with the Bank. Thank you, FCMB.”

Adetunji Lamidi, Divisional Head of Personal Banking at FCMB, said the Millionaire Promo reflects the bank’s broader mission to enable financial security and opportunity for everyday Nigerians.

“At a time when many are facing economic pressure, savings-driven initiatives like this shift the focus from getting by to making progress. It gives people a reason to save, rewards loyalty, and shows that banking helps create real-life impact.”

Speaking on the integrity of the selection process, Oyinkan Kusamotu, Principal Legal Officer at the Lagos State Lottery and Gaming Authority, stated: “It’s great to witness FCMB’s commitment to compliance, fairness, and transparency throughout the draw process, which builds trust with customers and stakeholders.”

To qualify for Season 10 of the FCMB Millionaire Promo, customers must increase their account balance by at least ₦10,000 and maintain it for 30 days to enter the monthly and seasonal draws. Each additional ₦10,000 saved increases the customer’s chances of winning. Dormant or inactive account holders can also participate by reactivating their accounts. Draws are held nationwide, giving everyone a fair opportunity to win.


Kindly share this post
Continue Reading

Trending