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Apple to launch Vision Pro headset in 2024
Business

Apple to launch Vision Pro headset in 2024

Alex Omenye Apple is increasing production of the Vision Pro mixed-reality headset in order to prepare for a February release, Bloomberg News reported on Wednesday The story states that production of the new headset is, and has been, running full tilt at facilities in China for a few weeks. According to the reort, the objective […]

Portuguese data watchdog halts Worldcoin’s iris-scanning project
Uncategorized

Worldcoin withdraws services in India, Brazil, France

Worldcoin has discontinued its Orb-verification service in India, Brazil, and France a few months after bringing its helmet-shaped eyeball-scanning gadget to the countries. Worldcoin development foundation, Tools for Humanity, revealed to TechCrunch in a statement that it has brought the Orb to numerous markets this year for “limited time access.” Still, it’s unexpected that they […]

Angola announces exit from OPEC
featured

Angola announces exit from OPEC

    By Wilson Adekumola   Angola has disclosed that it would leave OPEC over a disagreement on production quotas following the oil cartel’s decision last month to further slash output next year. Mineral Resources and Petroleum minister Diamantino Azevedo, who disclosed this on Thursday noted that the decision was not taken lightly, but OPEC […]

News

Cowrywise sacks staff for underperformance

      Five employees from Cowrywise, a Nigerian fintech company funded by YC that allows retail consumers to invest in mutual funds, have been let go from the company’s customer success, engineering, and marketing departments. According to TechCabal, “The company said the terminated roles no longer aligned with the company’s direction.” “Internal restructuring and […]

Port Harcourt refinery begins operation in Rivers
featured

Port Harcourt refinery begins operation in Rivers

  By Wilson Adekumola The Port Harcourt Refining Company Limited on Wednesday began operation with a combined capacity of 210,000 barrels per day. According to Daily Post, a video sighted showed the refinery’s flare indicated the commencement of oil refining. The development comes months after the Minister of State for Petroleum, Oil, Senator Heineken Lokpobiri […]

Starlink raises hardware costs in Nigeria by 112%
Banking

MTN to partner Starlink, expand service in Nigeria, others

The Pan-African telecommunications business, MTN, has stated that it is in talks with numerous satellite service providers, including Elon Musk’s Starlink, in order to expand its services to underserved areas throughout its operational market. The business specifically stated that there is a continuing collaboration with SpaceX’s Starlink, with enterprise-grade trials currently happening in Rwanda and Nigeria. MTN […]

Tesla partners Baidu to enhance self-driving system
News Tech

Tesla records most accident rate – Report

A new study of auto accidents and incidents which used insurance data to determine which car brands have the worst drivers has discovered that Tesla drivers have the highest accident rates. The study used QuoteWizard by LendingTree insurance quote data to determine the car with the most accidents. It revealed Tesla drivers had the highest […]

Yuletide: Top 10 worst airports - Airhelp
News Tech

Yuletide: Top 10 worst airports – Airhelp

The platform for Aviation information, AirHelp has released a list of the top ten worst airports in the world as the platform continues to inform air users. The list follows the list of the top ten airports in the world which is dominated by airports in Asia. The topping of the list by Asia is […]

Speculative FX demands cause of weak naira - CBN
Uncategorized

CBN, NIMC, others to create consumer credit framework in Nigeria

The Presidential Council on Industrial Revitalization has formed a Technical Working Group comprised of representatives from the Central Bank of Nigeria, the National Identity Management Commission, and the Federal Competition and Consumer Commission to develop a framework to improve consumer credit in Nigeria. According to Nairametrics, the National Insurance Commission, the National Institute of Credit Administration, […]

NGX Group reports N5.2bn after tax
Business

Multiverse, Transcorp top gainers chart as ASI crosses historic 73,000 mark

The NGX extended its bullish run today, gaining 1.28% as the All-Share Index finished at a fresh all-time high of 73,397.71 points. According to The Times, equities gained N508 billion as the market capitalization surpassed N40 trillion for the first time, ending at N40.164 trillion. Multiverse and Transcorp lead the gainers’ chart with 10% gains […]

OpenAI employees consider selling $6bn stock
News Tech

Authors sue OpenAI, Microsoft for copyright infringement

Eleven nonfiction writers have filed a complaint in federal court in Manhattan, alleging that Microsoft and OpenAI have misused books the writers have written to train the models behind ChatGPT, the company’s well-known chatbot, and other artificial intelligence-based technologies. The authors, who co-wrote the J. Robert Oppenheimer biography “American Prometheus,” which was made into the […]

News

Top 10 best airports for Christmas travels

Foremost Aviation support and information platform, AirHelp had released the 2023 rankings for the best and worst airports around the world. Airport usage transcends flying in and out of a country using an airport, it encompasses the infrastructure and the culture experience at the airport. Sharing similar sentiments, the CEO of AirHelp said, “the travel […]