News
LG Electronics Commissions computer laboratory in Unilag
LG Electronics has raised the bar in corporate social responsibility with the renovation of an Engineering Design Laboratory at the faculty of Engineering, University of Lagos, Akoka.
At the commissioning ceremony held at the main campus of the university, Mr. B.W. Park, managing director, LG Electronics said the funding of the upgrading of the Engineering Design Laboratory represents a major achievement for LG Electronics in pursuit of its corporate social responsibility.
The facility is equipped with over 100 new computers, exquisite furniture and fittings consistent with world class requirements for engineering design, in line with the corporate social responsibility objective of LG Electronics and the determination to consistently impact the lives of people and communities around the world.
He noted that LG Electronics is proud to be associated with the University of Lagos in its bid to support educational development by contributing in ways that furthers practical application of scientific knowledge which the company believes will help nurture quality professionals for the benefit of the larger society, adding that the company is glad to have found a platform for intervention in the University of Lagos and in the educational sector in Nigeria.
On the premise for the involvement of LG Electronics in corporate social responsibility in Nigeria, Park informed that the corporate social responsibility runs through the DNA of the organization in all its main subsidiaries as it sees CSR as a major form of intangible assets that runs through all of its over 100 operations, including 81 subsidiaries around the world.
He said LG Electronics has been active in supporting public institutions through social initiatives to support women and children including partnerships with other corporate organizations in Nigeria across diverse sectors such as health, entertainment and sports for public good.
He pointed out that the launch of the first television that incorporated elements of the three major Nigerian languages of Hausa, Igbo and Yoruba dubbed “Naija Teli” by LG Electronics remains an eloquent testimony of the extent the company has gone in identifying with and promoting the values of Nigeria.
Professor Tolu Odugbemi, vice chancellor, University of Lagos expressed gratitude to the management of LG Electronics for taking the initiative to upgrade the engineering laboratory facility.
Also speaking at the occasion, Professor Tayo Fakinlede, head of department, Systems expressed optimism that the facility would be put to the best of use by all concerned in promoting educational excellence to engender scientific learning for national development.
He enjoined students and other members of the University community to take responsibility of ensuring effective utilization and maintenance of the facility in their quest to acquiring good education and contributing their quota to national development in order to justify the objective and shared vision of both LG electronics and the University’s renovation and upgrading of the laboratory.
News
NITDA Strengthens Collaboration with NIPSS to Drive Digital Innovation, Orange Economy Growth

The National Information Technology Development Agency (NITDA) has reinforced its commitment to advancing Nigeria’s digital transformation agenda through strengthened collaboration with key strategic institutions, as it hosted the Director General of the National Institute for Policy and Strategic Studies (NIPSS), Professor Ayo Omotayo, alongside participants of the Senior Executive Course (SEC) 48, 2026.

The visit, which builds on an earlier strategic study tour, provided a platform for in-depth engagement on the role of digital innovation in driving sustainable economic growth, with particular focus on the Orange Economy.
Representing the Director General of NITDA, Kashifu Inuwa CCIE, the Director of Stakeholder Management and Partnerships, Dr Aristotle Onumo, highlighted the Agency’s commitment to fostering a vibrant digital ecosystem through inclusive policies, strategic partnerships, and capacity development initiatives.
“NITDA is committed to creating an enabling environment where innovation can thrive by bringing together government, private sector, academia, and creatives to drive Nigeria’s digital economy,” he stated.
Inuwa underscored the growing importance of the Orange Economy, describing it as a critical driver of innovation and economic value through intellectual property. He identified sectors such as digital content creation, film, animation, and digital art as key contributors to national development.
“The Orange Economy represents a powerful opportunity to transform our rich cultural heritage and creativity into sustainable economic growth,” he noted.
He further highlighted Nigeria’s unique advantage, particularly its youthful and creative population, while calling for stronger collaboration among stakeholders to fully harness the sector’s potential.
“With our youthful population and rich cultural assets, Nigeria is well-positioned to become a global leader in the Orange Economy if we deepen collaboration and investment across the ecosystem,” he added.
During the engagement, NITDA also presented its strategic initiatives aimed at supporting the digital and creative sectors, including digital infrastructure development, promotion of digital literacy, and implementation of policies that enable startups and innovators to scale.
Addressing challenges facing the sector, Inuwa pointed to issues such as limited access to funding, infrastructure gaps, weak intellectual property protection, and ecosystem fragmentation, while emphasising the need for coordinated action.
“Addressing challenges such as funding gaps, infrastructure deficits, and intellectual property protection is critical to unlocking the full potential of Nigeria’s creative economy,” he said.
The Agency reiterated its target of achieving 70 per cent digital literacy by 2027, noting that ongoing programmes are equipping millions of Nigerians with essential digital skills, including those in underserved and informal sectors.
In his remark, Professor Omotayo described the visit as an important opportunity to deepen understanding of how digital technologies are reshaping economic sectors, particularly the creative industry. He noted that the insights gathered would contribute significantly to policy recommendations aimed at strengthening Nigeria’s economic framework.
Participants of the SEC 48 programme engaged actively during the session, raising questions on capacity development, access to tools, and frameworks for protecting digital content. NITDA highlighted its ongoing collaborations with industry stakeholders to provide training, innovation hubs, and access to digital tools for young Nigerians.
The engagement concluded with a renewed commitment from both NITDA and NIPSS to strengthen collaboration in research, policy development, and capacity building, aimed at positioning Nigeria as a globally competitive force in the digital and creative economy.
News
NRS Takes Over Mineral Royalties Collection Under New Tax Laws

Nigeria Revenue Service (NRS) has assumed responsibility for collecting mineral royalties from mining operators nationwide, following new tax laws effective January 1, 2026.

NRS
The shift emerged from a Thursday meeting between Solid Minerals Development Minister Dele Alake and NRS Chairman Dr. Zacch Adedeji. Their joint statement, endorsed by both, confirms NRS now administers all federally collectible revenues, including royalties.
Enacted by President Bola Tinubu on June 26, 2025, the Nigeria Tax Laws 2025 empower this transition. The Ministry of Solid Minerals Development remains a key partner, supplying pricing data, geological insights, and sector coordination.
NRS Special Adviser Dare Adekanmbi’s statement outlines collaborative steps: a nationwide sensitization program for operators on filing and payments; development of a digital royalty system; and regular joint technical sessions to address issues.
Both agencies pledge orderly, transparent implementation to boost the mining sector. Operators must comply with obligations and join upcoming programs.
The move aims to streamline revenue collection while fostering mining growth.
News
Microsoft Revamps Copilot in Workplace AI Push

Microsoft has rolled out a new set of features for its Microsoft 365 Copilot platform, including tools for complex, multi-step work and deeper research tasks, as competition in workplace artificial intelligence (AI) intensifies.

The update introduces Copilot Cowork, a capability aimed at handling long-running tasks across Microsoft 365 applications.
The feature is being made available through the company’s Frontier programme, which typically gives early access to experimental tools.
Microsoft is also integrating technology linked to Claude – an AI model developed by Anthropic –into Copilot, signalling a broader shift toward using multiple AI systems within a single product rather than relying on a single model.
Jared Spataro, chief marketing officer for AI at Work at Microsoft, says the company is positioning Copilot as a system embedded directly into workplace software, rather than a standalone tool.
“Microsoft 365 Copilot is your AI for work,” he says, adding that it draws on multiple AI models and is integrated into existing workflows.
Alongside this, Microsoft has upgraded its Researcher feature, which is designed to analyse information from multiple sources and generate structured reports.
A new “Critique” function separates the drafting and review process between different AI models – one generates an initial response, while another evaluates and refines it.
The company says this approach improves output quality, with Researcher showing gains on its internal benchmark for accuracy, completeness and objectivity.
Another addition, called Model Council, allows users to compare outputs from different AI models side-by-side, highlighting differences in responses and reasoning.
The updates form part of what Microsoft calls “Wave 3” of Copilot, as it pushes to embed generative AI deeper into enterprise software. The move reflects a wider industry trend towards combining models from multiple providers, including OpenAI and Anthropic, to improve performance and reliability.
E-Financial3 days agoCBN Says 33 Banks Raise Fresh N4.65 Trillion in Recapitalisation Exercise
Telecom3 days agoNITDA Urges Joint Action to Drive Nigeria’s Digital Innovation
E-Business3 days agoCybersecurity Firm Uncovers CrystalX RAT which Steals Data, Mocks its Victims
Telecom3 days agoNCC Insists Telcos Must Compensate Subscribers for Poor Quality of Service
Telecom3 days agoOracle Corporation Axes 30,000 Workers in Brutal AI Shake-Up
E-Business3 days agoOracle Sacks 12,000 in India, Begins Shift to AI
E-Financial3 days agoNigeria, Others Lose $88bn Yearly to Illicit Flows —Edun
E-Financial2 days agoUBA Beefs Up Mobile App Security to Stop Fraudulent Debits, Withdrawals













