• Wed, December 11, 2024

by: businessday

Recapitalisation: ASSIBIFI president underscores impact on banking industry

Olusoji Oluwole, president, Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSIBIFI) said that the body

by: Popular Science

Bentley hybridizes its Flying Spur and boosts its range to 515 miles

The Flying Spur is hand built at Bentley's "Dream Factory" in the UK, which includes a new design center, paint shop, and battery-electric vehicle assembly line. This facility is streamlined for sustainability, reducing carbon emissions, saving water, and lowering the temperature in the paint shop to conserve energy.

by: prolificnorth.co.uk

STEM Marketing Awards 2025: introducing the judging panel

Leaders from the likes of EA Technology, McLaren, WSP, Thermo Fisher and many more are gearing up to join an independent judging panel for the STEM Marketing

by: Irish Examiner

Humpback whale makes record journey of more than 13,000km from South America to Africa

Research done with the help of citizen science shows male humpback completed almost twice the typical migration distance

by: The Jerusalem Post Blogs

10,000 years ago, people were brewing rice beer in China

An international team of archaeologists discovered evidence of rice beer production dating back approximately 10,000 years at the Shangshan archaeological site in Zhejiang Province, China, according to a report by Science.

by: Yahoo

'Naked, animal terror': Why The Stone Tape is the most chilling Christmas special ever made

Ahead of Christmas 1972, the BBC's head of plays, Chris Morahan, asked writer Nigel Kneale for a ghost story. This was one year after the BBC had broadcast the first entry of A Ghost Story for Christmas,

by: Yen.com.gh

Hilda Abena Wilson: Ghanaian Lady's Academic Brilliance Honoured at UCC Graduation Ceremony

A young Ghanaian lady, known as Hilda Abena Wilson, has achieved academic excellence at the 57th Congregation of the University of Cape Coast (UCC).

by: Nature

Five countries having a clear impact on the latest materials-science research

From 2019 to 2023, there was a 25% increase in the number of articles in the database related to the subject and last year these papers represented 27.2% of all research in its journals. In terms of the countries publishing this research,

by: IFLScience

Can You Crack The UK Spy Agency's Christmas Code-Breaking Challenge?

The challenges require codebreaking, math, lateral thinking, and a bit of ingenuity to reveal the name of a famous UK landmark. There are also three additional hidden elements in the pictures for those seeking an extra challenge.

by: Nuclear Engineering International

Togo to establish Atomic Energy Commission

Following the signing of a memorandum of understanding (MOU) with US-based start-up NANO Nuclear Energy Togolese President of Faure

by: usace.army.mil

As Dr. Mark Dertzbaugh Retires, MRDC Honors His Thirty-Plus Years of Service

For Dr. Mark Dertzbaugh, who retired Tuesday as the Principal Assistant for Research and Technology at the Medical Research and

by: FOX59 News

State Board of Education approves changes to Indiana high school diploma requirements

On Wednesday, the Indiana State Board of Education unanimously approved the final draft of new high school diploma requirements for Hoosier students. The new requirements

by: Popular Mechanics

Mathematicians Casually Discovered Two New Infinities

Mathematicians have long known that there are many kinds of infinities (technically, there are an infinity of them). Mathematicians revealed two new kinds of infinity—called exacting and ultra-exacting—infinities that appear to contradict foundational mathematics.

by: raf.mod.uk

Chinook crew from RAF Odiham inspire school students

A Chinook crew, from RAF Odiham, flew to three different schools to inspire the next generation in all aspects of science, technology, engineering, and mathematics (STEM). Flight Lieutenant Boyd, Flig

by: National Academies of Sciences%2c Engineering%2c and Medicine

Rural Areas Offer Unique Opportunities for STEM Education, But Targeted Resources, Connectivity, and Training Needed

Rural areas offer unique opportunities for science, technology, engineering, and math education. A new report offers a road map for increasing access to STEM learning experiences for students in rural communities and supporting STEM workforce development.

by: NextBigFuture

IBMs Using Largest Quantum Computers With Largest Supercomputers

IBM is using the largest quantum computers with the largest supercomputers. They have already use these hybrid systems to advance science like larger accurate

by: GMA Network

Senators 'sad, disappointed' over cuts in 2025 budget

Several senators on Wednesday expressed disappointment over the cuts in funding for some items in the final version of the General Appropriations Bill (GAB) which contains the P6.352-trillion national budget for 2025.

by: SciTech Daily

Revolutionary Microrobots Shrink Tumors in Groundbreaking Study

Researchers at Caltech have developed bioresorbable acoustic microrobots (BAM) capable of delivering therapeutic drugs precisely to targeted areas within the body. These spherical hydrogel-based microrobots,

by: Daily Express

Microscopic bubble-like 'robots' could soon deliver drugs in the human body

A US team has developed microscopic bubble-like bots the diameter of a human hair that can carry a drug and magnetic nanoparticles, allowing scientists to guide them to a desired location using an external magnetic field. When the bots reach their target, they remain there while the drug diffuses out.

by: The Economist

Machine translation is almost a solved problem. Making it perfect will be a hard problem

Machine translation has become so reliable and ubiquitous so fast that many users no longer see it. The first computerised translations were attempted more than 70 years ago, when an IBM computer was programmed with a vocabulary of 250 words of English and Russian and six grammatical rules.

by: EurekAlert!

Caltech creates minuscule robots for targeted drug delivery

by: Daily News

SLINTEC commercialises record 8 patents and innovations within 12 months

The Sri Lanka Institute of Nanotechnology (SLINTEC) witnessed a remarkable transformation - with four patents having been commercialised, with an additional

by: The New York Times

From the DealBook Summit: Influential People Share Their Insights

Industry leaders attending the conference were asked about artificial intelligence, the economy, international relations and more.

by: fingerlakes1

Micron secures $6.1 billion in CHIPS funding for massive CNY facility

U.S. Senate Majority Leader Chuck Schumer announced Monday that Micron Technology has finalized a $6.1 billion federal funding agreement through the bipartisan CHIPS and Science Act to support the construction of a state-of-the-art memory chip facility in Central New York.

by: The New York Times

Technologists: Smarter-Than-Humans A.I. Will Likely Be Here by 2030

Most members of a DealBook Summit panel described immense benefits from artificial intelligence and saw its risks as manageable.

by: The Economist

AI can bring back a person's own voice

But when Pedro speaks, his lightly accented English flows with ease. His voice is generated by an artificial-intelligence model, trained on clips recorded before he lost his speech. His words, too, are generated, by a large language model ( LLM) fine-tuned on his writing.

by: The Daily Star

3 sent to jail in Pabna over gang-rape of PUST student

A Pabna court today sent three people to jail in a case filed over the gang rape of a student of Pabna University of Science and Technology (PUST) in the district's Sadar upazila

by: NextBigFuture

Nvidia Supports Artificial Intelligence for Quantum Computing

Nvidia has a broad effort to use Artificial Intelligence for Quantum Computing.

by: Indiatimes

What's common between Donald Trump and Sundar Pichai? You'll find your answer in the list of UPenn alumni

The University of Pennsylvania, an Ivy League institution founded by Benjamin Franklin, is home to distinguished alumni who have made significant impa

by: Daily Express

Top 10 tech devices over-65s are hesitant to try, including VR and smart meters

A Smart Energy GB survey of adults aged 65 and over found 25% of seniors would like to get better at using technology

by: NextBigFuture

Q2B - Accurate Quantum Computation for Practically Useful Quantum Computers by 2029

Oliver Dial, IBM Fellow, is giving the keynote for Q2B 2024. He describes what is needed for practical quantum computers. IBM achieved the minimum of more accurate answers than classical (regular computers). However, they are not yet to the scale needed for practically useful problems.

by: The Economist

Carbon emissions from tourism are rising disproportionately fast

Researchers, led by Ya-Yen Sun at the University of Queensland, in Australia, found that between 2009 and the start of the covid-19 pandemic in 2020, global emissions from tourism grew by an average of 3.

by: New Scientist

From enshittocene to virome, science and technology's words of 2024

Here are 10 words that entered our vocabulary this year, capturing discoveries at the cutting edge of science, elusive emotions and the various ways technology is changing our lives

by: MSN

BallBot demonstrates the science behind balance control for robotics

The robotics field is advancing rapidly, with a growing emphasis on improving machine autonomy and interaction. As robots are tasked with increasingly complex activities, their ability to operate effectively in dynamic and unpredictable environments becomes crucial.

by: MSN

Neurosurgeons unravel the distinct nerve wiring of human memory

The black box of the human brain is starting to open. Although animal models are instrumental in shaping our understanding of the mammalian brain, scarce human data is uncovering important specificities.

by: MSN

Super-enzyme can enhance CO? capture in extreme conditions

Microbial organisms adapted to extreme and inhospitable environments carry proteins within their proteome that significantly accelerate the dissolution of COâ‚‚ in water, while also withstanding very high temperatures and pH.

by: MSN

Understanding customer entry and exit in event-based journeys

Use event-based journey analytics to map customer entry and exit points, enhance personalization, and improve engagement. The post Understanding customer entry and exit in event-based journeys appeared first on MarTech.

by: MSN

Firefly Sparkle galaxy offers a taste of the infant Milky Way

NASA's James Webb Space Telescope has spotted a young galaxy dating to the early universe - called Firefly Sparkle because its gleaming star clusters resemble the bioluminescent bugs - in a discovery that is giving astronomers a peek at what our Milky Way may have looked like in its infancy.

by: MSN

"Steve Jobs, Corning Glass, and a Microscope"

"Exploring the connection between Steve Jobs, Corning Glass, and microscopy in tech history. ColdFusion offers captivating, well-researched videos that delve into technology, innovation, history, and the stories shaping our future,

by: MSN

People With More Will Power Have This Common Trait: Know What It Is

Researchers from Norway have identified a key personality trait common among those with greater willpower-positive thinking. They discovered that people with positive attitude tend to be more successful.

by: MSN

How to segment traffic from LLMs in GA4

Find out how to identify, track and visualize traffic from AI-powered tools and chatbots using Google Analytics 4 and Looker Studio.

by: MSN

Dartmouth students build and code robots in STEM challenge

Dartmouth students take control of the future, building and coding robots in a hands-on STEM workshop designed to spark a love of technology and innovation

by: MSN

Japan unveils AI-powered human washing machine at Expo 2025

Japanese engineers have developed a solution that could revolutionize personal hygiene, potentially challenging traditional bathtubs and showers. This AI-assisted human washing machine promises a clean body in just 15 minutes and an exceptionally relaxing experience.

by: MSN

UK military successfully tests laser weapons for shooting down UAVs

The UK army has tested a new laser weapon capable of destroying a flying drone. Source: European Pravda with reference to the UK Ministry of Defence Details: The UK Defence Ministry reports that the military has conducted a successful test of the new laser weapon system.

by: MSN

ImmunoPrecise Antibodies Ltd. (NASDAQ:IPA) Q2 2025 Earnings Call Transcript

Q2 2025 Earnings Call Transcript December 10, 2024 ImmunoPrecise Antibodies Ltd. misses on earnings expectations. Reported EPS is $-0.09 EPS, expectations were $-0.07. Operator: Good morning, ladies and gentlemen,

by: MSN

U.S. Finalizes More Than $6 Billion Micron Subsidy For Semiconductor Facilities

The U.S. Department of Commerce has finalized a nearly $6 billion subsidy for Micron Technology to support domestic semiconductor facility construction in New York and Idaho. This funding is among the largest under the CHIPS and Science Act and is expected to create over 20,

by: MSN

Japan unveils AI-powered human washing machine for 2025 expo

Japanese engineers have developed a solution that might soon rival bathtubs and showers. Enhanced by AI, this human washing machine cleanses the body in just 15 minutes and delivers an exceptional and relaxing experience.

by: MSN

Cyanide won't be used on Leadville mine waste in proposed gold extraction and cleanup project, company says

A company that wants to extract gold from piles of decades-old mining waste outside Leadville no longer plans to use cyanide in its processes after hearing concerns from locals about the toxic chemical.

Recapitalisation: ASSIBIFI president underscores impact on banking industry

Olusoji Oluwole, president, Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSIBIFI) said that the body
The article from BusinessDay discusses the views of the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) President, Olusoji Oluwole, on the recapitalization of Nigerian banks. Oluwole emphasized that the Central Bank of Nigeria's (CBN) decision to increase the minimum capital base for banks is crucial for strengthening the financial sector, enhancing banks' capacity to support economic growth, and ensuring they can withstand economic shocks. He highlighted that while the recapitalization would lead to mergers, acquisitions, and possibly job losses, it is necessary for the long-term stability and competitiveness of Nigerian banks on both local and international stages. Oluwole also stressed the importance of managing the process carefully to mitigate adverse effects on employees and to ensure that the benefits of recapitalization are realized without compromising service quality or financial inclusion.

Read the Full businessday Article at:
https://businessday.ng/news/article/recapitalisation-assibifi-president-underscores-impact-on-banking-industry/


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