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Shareholders to get N1.5bn dividend - NGX Group
Business

NGX maintains positive run as investors make N264bn

The Nigerian Exchange Limited continued to trade positively on Tuesday as investor wealth rose by N264 billion, nearly matching Monday’s gain of N263 billion. The Punch reported that the market capitalization and the All-Share Index, which tracks changes in share prices across all publicly traded firms, both increased by 0.71 percent to close at N37.413 […]

How aviation college spent N5bn to maintain chopper - Rector
Aviation

How aviation college spent N5bn to maintain chopper – Rector

The Nigeria College of Aviation Technology, Zaria, has revealed that it spent N5 billion on the upkeep of two superfluous helicopters over a ten-year period. According to The Punch, the rector of NCAT, Captain Akali Modibo, revealed this while answering questions from the media at the recently concluded Aviation Africa Summit and Exhibition, which was held in […]

Tinubu vows to fix Nigeria's oil, gas challenges
featured

Tinubu vows to fix Nigeria’s oil, gas challenges

    President Bola Tinubu conveyed a message of assurance to international investors on Tuesday, stating his commitment to addressing the challenges within Nigeria’s oil and gas industry, drawing from his own experience in the sector. As a result, he emphasized that Nigeria is currently more open for business opportunities than ever before. President Bola […]

International criminal court website hacked
News Tech

International criminal court website hacked

The International Criminal Court has disclosed that the computer system was breached on Tuesday. The hack at one of the most prominent international judicial organisations in the world will lead to the exposure of susceptible information about war crimes. The ICC reported that it had discovered suspicious activity on its computer network at the end […]

Mark Zuckerberg, wife launches initiative to study human cells with AI
News Tech

Mark Zuckerberg, wife launches initiative to study human cells with AI

Meta CEO, Mark Zuckerbeg and his wife, Priscilla Chan has announced a philanthropic initiative to study human cells and diseases utilising artificial intelligence will be developed by computing system. The field of biological sciences has been utilising AI for some time. Among the well-known platforms, Google DeepMind’s AlphaFold can forecast protein structures, while Nvidia’s RadImageGAN, […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
Tech

OpenAI assembles team to assist in AI assessment

OpenAI on Tuesday assembled a Red Teaming Network, a team of specialists to assist in informing the company’s risk assessment and mitigation tactics for AI models. As AI technologies, particularly generative technologies, become more widely used, red teaming is turning into an increasingly important step in the building of AI models. Red teaming can uncover […]

Namibia orders Starlink to halt operations over unlicensed service
News Tech

Starlink submits application for Zimbabwe’s license

Zimbabwe’s minister of information, publicity, and broadcasting services, Jenfan Muswere, has disclosed that Starlink has submitted an application for an operating licence to the country’s communications authority. Muswere noted that the Postal & Telecommunications Regulatory Authority of Zimbabwe is presently examining the application. “What I remember is that they submitted their application for licencing and […]

Lagos has maintained it's position as the top recipient of Capital Influx in Nigeria during the fourth quarter of 2023 (Q4 2023).
Business

Lagos generated N400bn domestic revenue H1 2023 – Report

The commissioner for Economic Planning and Budget, Ope George has stated that the Lagos State Government recorded Internally Generated Revenue of almost N400 billion as of June 2023. The Times reported that this statement was delivered at the Ikeja Budget Consultative Forum for 2024. The forum was spread out across the state’s five divisions of […]

Chipmaker Intel to launch AI-processor in December
News Tech

Chipmaker Intel to launch AI-processor in December

Intel announced on Tuesday that a new processor arriving in December will be able to run a generative artificial intelligence chatbot on a laptop. The functionality might allow companies and users to test ChatGPT-style technologies without transmitting sensitive data away from their own computers. Intel was slated to demonstrate it during a software developer conference […]

Ex-54gene CEO launches another health startup
News Tech

Ex-54gene CEO launches another health startup

The former CEO of Nigeria’s health startup, 54gene, Abasi Ene-Obong, has launched a new startup named, Syndicate Bio. According to his post on LinkedIn, he stated that Syndicate Bio would spearhead genomics and precision medicine activities in the most varied parts of the world, beginning in Africa. “After a few months in stealth mode, I […]

Lekki Mall, three more properties listed for sale on Novare
Business

Lekki Mall, three more properties listed for sale on Novare

Four of the Grade A retail buildings owned by Nigerian institutional investor and developer Novare Real Estate Nigeria Limited were advertised for sale on local Nigerian media on Monday, September 11. The Times reported that the assets, which include the Lekki Mall, Apo Mall, Novare Central Mall, and Gateway Mall Abuja, are situated in Lagos and […]

Google updates Bard AI with new features
News

Google updates Bard AI with new features

Alex Omenye Google announced on Tuesday that Bard, its generative artificial intelligence bit, Bard will be able to fact-check its responses and examine users’ individual Google data. The launch of ChatGPT last year ignited a rush in the tech sector to make generative AI technologies available to users. ChatGPT, which is currently among the top […]