Tag: Technology - Page 7 - African News Today

Namibia’s Central Bank Governor, Gawaxab, Asks Country to Prepare for Impending Digital Revolution

18Jul

By Obiajulu Joel NwoluNo Comments

African Development, Economy, Finance, Namibia

Namibia’s Central Bank Governor, Gawaxab, Asks Country to Prepare for Impending Digital Revolution

Bank of Namibia (BoN) governor, Johannes Gawaxab has asked the country to get ready to deal with an impending digital revolution and utilize the technological innovation for greater good. Gawaxab made the statement on Thursday at the bank’s 30th anniversary celebration event, reflecting on its progress over the past years while anticipating continuous growth in the next 30 years and beyond. Gawaxab said BoN has been influential in ensuring long-term macroeconomic stability in the country over the past 30 years and has been able to deliver on its core mandate of implementing monetary policy, safeguarding stability, and promoting economic development in Namibia. According to Gawaxab, “On the monetary policy function, the role of the bank has been to set an interest rate path that en...

If Nigerians Knew The Power Of Technology They Would Not Accept Electricity Failure

12Feb

By Ndidi UwechueNo Comments

Nigeria

If Nigerians Knew The Power Of Technology They Would Not Accept Electricity Failure

12th February 2020 The simplest definitions for TECHNOLOGY on the internet are “Technology is the application of scientific knowledge for practical purposes” and also “Technology is applying scientific knowledge to find answers and fix problems. It is the usage of science and scientific knowledge for practical purposes. Technology includes methods, systems, and devices”. Some bright minds have classified human technological development into four, ie The Four Ages Of Technology: The Pre-mechanical Age: 3000 B.C.- 1450 A.D. The Mechanical Age: 1450 - 1840 The Electromechanical Age: 1840 - 1940 The Electronic Age: 1940 - Present Black Africa is currently the world’s least in terms of technological development. We had started off well in the ancient m...

23Feb

By admin2 Comments

Economy, News, Nigeria

Nigeria: Google Issues a Statement on Inaccurate Currency Converter Issue with the Naira

Following the curious 50% drop recorded in Nigeria's exchange rate on Google's currency converter yesterday, Google has issued a statement. In a tweet, the IT giant twitted that they were aware of the situation and will remove the converter box until the issue is resolved. The rate normalized shortly after but not before sparking off some theories as to what could have exactly happened."We’re aware of an issue causing inaccurate conversions for Nigerian Naira currency, so we will remove the conversion onebox from appearing in search results until we are able to diagnose the issue."

Nigeria: Nigeria’s former ICT Minister, Omobola Johnson Joins World Wide Web Foundation board

6Sep

By adminNo Comments

Africa, News, Nigeria

Nigeria: Nigeria’s former ICT Minister, Omobola Johnson Joins World Wide Web Foundation board

After a 3-year tenure as an Honorary Chairperson of the Alliance for Affordable Internet (A4AI) where she provided guidance and advocacy to help drive down internet costs, Dr. Omobola Johnson is joining the Web Wide Web Foundation as a board member. The Alliance for Affordable Internet (A4AI) — a global coalition, led by the Web Foundation, working to make broadband affordable for all. While the World Wide Web Foundation was founded in 2009 by Sir Tim Berners-Lee to ‘advance the open web as a public good and a basic right.’ A part of an official statement by the A4AI reads: “As the second Honorary Chair of A4AI — a role she assumed on September 1, 2015 — Omobola has provided invaluable policy guidance and has led high-level advocacy efforts to drive down the cost of internet. In t...