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Nigeria to apply for BRICS membership - Minister
News

Nigeria to apply for BRICS membership – Minister

Nigeria’s foreign affairs minister, Yusuf Tuggar, revealed during his three-day working visit to Russia that Nigeria plans to apply for membership in BRICS within the next two years. Tuggar, who engaged in talks with his Russian counterpart Sergey Lavrov, emphasized that Nigeria, as a deliberative democratic system, involves various interest groups and internal bodies in […]

MTN winds down BEE scheme, pay out modest returns to investors
News

MTN commits to smartphone affordability, digital Inclusion

Melvin Onwubuke MTN Nigeria Chief Executive Officer, Karl Toriola reaffirmed the company’s commitment to increasing affordability and accessibility of mobile phones in Nigeria. The challenges and opportunities in the Nigerian market, as well as the strategies of MTN to promote digital inclusion, were highlighted recently by Toriola in an interview on ARISENEWS. Toriola acknowledged that […]

CBN, Gluwa signs MoU to boost eNaira adoption
News

CBN, Gluwa signs MoU to boost eNaira adoption

The Central Bank of Nigeria has signed a Memorandum of Understanding with a blockchain firm, Gluwa to drive the increased adoption of Nigeria’s digital currency, eNaira. According to the statement by the blockchain firm, the main objective of the partnership is to exploit the power of cryptocurrencies, enhance financial inclusion, improve eNaira functionality and encourage […]

Microsoft brings OpenAI's free GPT-oss-20b model to Windows
News

Microsoft to launch neural voice tool for speech disabilities

Microsoft is emphasizing developments and collaborations in its assistive products at the 14th Ability Summit, focusing on Azure AI. This includes recent features like AI-powered audio descriptions and the Azure AI studio, enhancing accessibility for developers with disabilities. Updates to the Seeing AI tool include additional languages and more detailed AI-generated descriptions, along with playbooks […]

PayPal launches Tap To Pay for iPhone users
Tech

PayPal launches Tap To Pay for iPhone users

PayPal on Thursday announced that it’s launching “Tap to Pay” for merchants with an iPhone through the Venmo and Zettle apps in the U.S. PayPal, which owns both Venmo and Zettle, says the feature will allow businesses to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware. […]

AMCON’s new DG will improve debt recovery, says commentator
Business

AMCON’s new DG will improve debt recovery, says commentator

Melvin Onwubuke     Public commentator, Raheem Ajayi said the new Managing Director of Asset Management Corporation in Nigeria, Gbenga Alade, will improve the organisation’s debt recovery.   Ajayi in a statement, noted that with the appointment of Alade, the government had made a laudable commitment to appoint competent persons in an appropriate position for […]

Adobe unveils Firefly video model, announces subscription
News

Adobe rolls out Firefly AI to mobile

Adobe is introducing its generative AI technology to mobile devices with the beta release of the new Express app, accessible on both Android and iOS platforms. This move is aimed at providing users with enhanced creative capabilities while on the go. The Firefly GAI features within the app enable users to generate images and manipulate […]

MTN MoMo PSB’s active wallet surges to 5.3 million in 2023
Telecommunications

MTN commits to smartphone affordability, digital Inclusion

Melvin Onwubuke   MTN Nigeria Chief Executive Officer, Karl Toriola reaffirmed the company’s commitment to increasing affordability and accessibility of mobile phones in Nigeria.   The challenges and opportunities in the Nigerian market, as well as the strategies of MTN to promote digital inclusion, were highlighted recently by Toriola in an interview on ARISENEWS.   […]

Nikon acquires cinema camera company RED
Tech

Nikon acquires cinema camera company RED

Japanese optics and photographic equipment manufacturer, Nikon has revealed its acquisition of RED, a renowned high-end cinema camera company, in a deal of undisclosed value, The Verge reported. RED is set to become a wholly-owned subsidiary under Nikon’s ownership. Despite the challenges faced by the imaging industry in recent years, Nikon’s move to acquire RED […]

CBN Forged Buhari, Ex-SGF’s signatures To Move $6.2m - Expert
News

CBN Forged Buhari, Ex-SGF’s signatures To Move $6.2m – Expert

A forensics expert, Bamaiyi Meriga has confirmed that the documents used in paying foreign observers in the 2023 elections were forged. He made this statement in the ongoing trial of the former Central Bank of Nigeria Governor, Godwin Emefiele, before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja. The witness, called […]

Shareholders to get N1.5bn dividend - NGX Group
featured News

NGX Group appoints Olufemi Shobanjo as CEO NGX Regulation

Melvin Onwubuke     The Board of NGX Group Plc has announced the appointment of Mr. Olufemi Shobanjo as the Chief Executive Officer of NGX Regulation Limited, the independent Self-Regulatory Organisation subsidiary of Nigerian Exchange Group Plc.   This was contained in the Group’s notice to the Nigerian Exchange Limited and the investment community.   […]