Tuesday, October 21, 2025
24.1 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

ITU: Summit to Focus on Opportunities to Apply Artificial Intelligence for ‘Good’

The world’s leading minds in Artificial Intelligence (AI) and humanitarian action are convening from today for the three-day 2 nd AI for Good Global Summit . The summit will generate AI strategies and supporting projects to accelerate progress towards the United Nations Sustainable Development Goals . It will connect AI innovators with public and private-sector decision-makers, building collaboration to take promising strategies forward.

The AI for Good series is the leading United Nations platform for dialogue on AI. The 2 nd AI for Good Global Summit is taking place at the global headquarters of the International Telecommunication Union (ITU), the United Nations specialized agency for information and communication technology (ICT). It is being organized by ITU in partnership with the XPRIZE Foundation , the Association for Computing Machinery (ACM) and 32 sister United Nations agencies.

“The inaugural 2017 summit sparked inclusive global dialogue on the potential of AI to act as a force for good,” said ITU Secretary-General Houlin Zhao. “The action-oriented 2018 summit will now harness this momentum to identify practical applications of AI to improve the quality and sustainability of life on our planet.”

The summit’s participants will rally around near-term AI solutions capable of yielding benefits of long-term relevance to sustainable development.

The first day of the summit will set the scene for the work ahead. Experts will explore the many dimensions of AI’s growing influence on our societies and economies. They will share insight into the state of play in AI technologies and applications, forecasting AI advances and associated transformations appearing on the horizon.

“Over the years, XPRIZE competitions have inspired innovation to address some of the grand challenges identified by the United Nations’ Sustainable Development Goals, and as a result we have foreseen the need to spark a bigger conversation centered around use of exponential technologies such as AI,” said Anousheh Ansari, Member & Chair of Management of XPRIZE Foundation Board of Directors. “That’s why XPRIZE became a partner in AI for Good as we believe the ability to create safe, beneficial and ethical AI solutions can greatly improve life on our planet for all and lead us to a better future, and we look forward to supporting the collaborative efforts that will come out of this Summit.”

“AI technologies have enormous potential to effect positive change in nearly every facet of life,” said ACM President Vicki L. Hanson. “While many AI gatherings are valuable forums where important ideas are presented and discussed, AI for Good emphasizes teams working together to develop actionable steps in which AI is employed to aid society. In this way, the summit presents a valuable model of how societies will need to address AI challenges and opportunities in the future.”

The heart of the summit – spanning the length of the second day – will see ‘breakthrough teams’ demonstrating AI’s value to humanitarian action and sustainable development.

These teams will highlight AI’s potential to advance healthcare, support citizen-centric services in smart cities, and map poverty using satellite imagery. They will investigate means to meet the data demands of AI algorithms and build trust and transparency in the application of artificial intelligence. Their ultimate goal is to propose AI strategies and supporting projects that could be enacted in the near term for the benefit of humanity.

Teams will be guided in this endeavour by an expert audience representing government, industry, academia and civil society.

The matchmaking exercise will introduce problem owners to solution owners. On the third day of the summit, participants will evaluate proposed strategies according to their feasibility and scalability and potential to address truly global challenges.

The 2018 summit is kindly supported by Gold Sponsors: ACM, the Kay Family Foundation, the Kingdom of Saudi Arabia and PWC; and Silver Sponsors: Ernst & Young and the Zero Abuse Project.

Hot this week

When Transparency Becomes Luxury: INEC and ₦1.5bn FOI Controversy

By Chike Walter Duru When the Independent National Electoral Commission...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

  No fewer than 578 young entrepreneurs across Nigeria have...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Fidelity Bank Bags Awards for Best Export, Trade Support and Innovation

  Fidelity Bank’s market leadership has been affirmed once again...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Topics

Ecobank Unveils Smart SME Agency Banking Campaign to Empower Small Businesses

Ecobank Nigeria has launched Smart Small and Medium...

UNDP Africa Director Seeks New Approach to Accelerate Nigeria’s Development

Concluding an eight-day official visit to Nigeria today, the...

PTAD: The Welfare of Pensioners in Nigeria is Paramount

The Pension Transitional Arrangement Directorate (PTAD) has reiterated its...

Egypt’s Smartphone Market Defies COVID-19, Reports 2.2% Growth in Q2

Egypt's smartphone market grew 2.2% quarter on quarter (QoQ)...

Nestle Nigeria Plc: Strong Revenue, Recovery of Gross Margin in Q2-18

According to Cordros Capital, NESTLE reported 56.9% y/y EPS...

2023: Atiku Condemns Tinubu for Ignoring Lagos Chamber of Commerce Invitation

The Atiku Business Support Group (ABSG) has criticised the presidential...

NLNG Debunks Misleading Claims of Total Shutdown

Our attention has been drawn to a Thisday newspaper report on...

Stanbic IBTC Reports N83bn Profit in 2020, Holds AGM May 27

In its audited financial statements for the period ended...
Exit mobile version