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Google brings Gemini AI to smartwatches, expands search features
Tech

Google to relaunch Gemini AI in coming weeks

Google intends to relaunch its AI tool for generating images of people in the coming weeks, as stated by Google DeepMind CEO Demis Hassabis on Monday. The tool, known as Gemini AI models, was temporarily halted last week due to inaccuracies in historical depictions generated by some users. The company decided to take the feature […]

Tech

Fake AI news websites hit 713 in Feb 2024 – Report

By Alex Omenye   The platform dedicated to countering misinformation with transparent tools, NewsGuard, disclosed that the count of websites utilizing AI-generated content for disseminating fake news has risen to 713 as of February 22, 2024. The ‘Tracking AI-enabled Misinformation’ report by the company highlighted that most of these websites lack human oversight, exclusively publishing […]

Flutterwave appoints Olajumoke Adenowo as board member
Tech

Flutterwave appoints Olajumoke Adenowo as board member

African payments technology company, Flutterwave has appointed Olajumoke Adenowo to its global Board of Directors. Recognized as a global transformational leader and business builder across Africa, Olajumoke will play a vital role in Flutterwave’s efforts to solidify its pan-African and global presence. Referred to as Africa’s Starchitect by CNN, Olajumoke Adenowo boasts over 35 years […]

Osun resubmits state's nomination for bank role, challenges CBN’s rejection
Business

CBN’s monetary policy will increase market dividends – Analyst

By Melvin Onwubuke   The analyst at FBNQuest, asset management division of FBN Holdings, have projected a significant market yield for the whole year, provided the tight monetary policy of the CBN is sustained. According to it’s economic outlook report, FBNQuest highlights that, inspite of the prevailing food crisis, inflation and the foreign exchange crisis, […]

AVA Global launches N20bn infrastructure fund in Nigeria
News

AVA Global launches N20bn infrastructure fund in Nigeria

By Melvin Onwubuke Ava Global Asset Managers Limited has through its N200b Infrastructure Fund issued N20 billion fund, aimed at boosting infrastructural development in Nigeria. This was announced by Mr Efe Shaire, Managing Director of Ava Assets Managers Limited, in a media briefing in Lagos according to nairametrics. In the statement, he noted the importance […]

Chinese tech company Honor launches Magic 6 Pro smartphone
Telecommunications

Chinese tech company Honor launches Magic 6 Pro smartphone

By Alex Omenye The Chinese technology company Honor on Sunday globally unveiled its latest Magic 6 Pro smartphone, showcasing an experimental eye-tracking AI function that empowers users to remotely control and move their cars simply by gazing at their phone screens. This feature is currently available in China, with plans for commercial integration overseas. Honor, […]

Naira falls at official rate despite dollar weak gains
Economy

Naira depreciates to N2100/£1 in black market

By Alex Omenye   The naira witnessed a significant decrease, peaking at N2100 per Great British Pound in the parallel market, commonly known as the black market. This surge represented a notable increase of 7.62%, with the currency strengthening by N160.00 compared to the previous day’s closing rate of N2,260. This upward movement aligns with […]

Customs partners EU to streamline trade, documentation
News

EU delegation to embark on four-day visit to Nigeria

By Alex Omenye   The delegates from the Council of European Union’s Africa Working Group have initiated a four-day visit to Nigeria, landing in Abuja. Scheduled from 26th to 29th February 2024, their agenda encompasses discussions with Nigerian officials, governmental bodies, civil society organizations, and representatives from regional, international, and private sectors in both Abuja […]

Xiaomi launches AI-enhanced 14 Series smartphone
News Telecommunications

Xiaomi launches AI-enhanced 14 Series smartphone

By Alex Omenye Chinese consumer electronics manufacturer, Xiaomi on Sunday launched its new AI-enhanced 14 Series smartphone for international markets, along with a range of wearable gadgets. The Xiaomi 14 Ultra, developed in collaboration with German camera-maker Leica, boasts a quad-camera configuration, while its more compact counterpart, the Xiaomi 14, features a triple-camera setup, as […]

NITP criticizes poor urban planning in new sites
News

NITP criticizes poor urban planning in new sites

The Nigerian Institute of Town Planners has lamented the total lack of physical planning on new sites being built by the Federal Government. According to The PUNCH, this was said by NITP President Nathaniel Atebije during the organization’s quarterly news conference, which had the topic “Wake up, Nigeria, and put on strength,” recently conducted in […]

Naira devaluation worsens Nigeria's debt woes
News

FG to revitalize 46 abandoned housing projects nationwide

Federal Mortgage Bank of Nigeria has initiated the rehabilitation process in an effort to turn around approximately 46 abandoned housing estates throughout the nation. According to The PUNCH, the bank stated that this will be accomplished by collaboration with Shelter Afrique Development Bank, a pan-African financial organization that solely assists in the advancement of the […]

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