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Osun to sue EFFC over frozen account

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US introduces $250,000 visa bond rule for some

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Delta attracts foreign investors as Brazil, Malaysia, explore

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EFCC defends Osun account freeze, cites N11bn probe

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Osun to sue EFFC over frozen account

Business

US introduces $250,000 visa bond rule for some applicants

Business

Delta attracts foreign investors as Brazil, Malaysia, explore partnerships

Business

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PayPal expands into U.S. POS market with new debit card
News Tech

PayPal halts UK crypto sales until 2024

Payments giant PayPal has halted UK consumers to buy cryptocurrency through its platform as of October. This is as the company strives to comply with new regulations on crypto sector. To restrict the way cryptocurrency is sold to British consumers, Britain’s financial authority is expected to enact stricter regulations. These regulations would require crypto businesses […]

US DOJ probes Visa over antitrust issues
News Tech

US DOJ probes Visa over antitrust issues

The U.S. Department of Justice has opened a new investigation that Visa is charging retailers more for not adopting the payment company’s own tokenization technology, Bloomberg News reported on Wednesday. Early in 2021, the DOJ launched an antitrust investigation into Visa to see whether it engages in anticompetitive behaviour in the debit card market. According […]

Google introduces new director for West Africa Olumide Balogun
Tech

Google introduces new director for West Africa Olumide Balogun

Google has introduced its new Director for West Africa, Mr. Olumide Balogun, to the Director General of the National Information Technology Development Agency, Kashifu Inuwa CCIE. This move follows Google’s assurance of maintaining a strong partnership between the two organizations. Mr. Balogun, who previously managed Google as Head of Consumer Apps for Sub-Saharan Africa, emphasized […]

Opera integrates AI product Aria to iOS
News Tech

Opera integrates AI product Aria to iOS

Opera announced on Wednesday that Aria, its browser AI product created in partnership with OpenAI, will now be available for iOS. The AI solution had previously been made available on Opera for Android and Opera for desktop, where it has since surpassed 1 million users. The company says that Aria is now freely accessible on […]

X still offline in Brazil as company pays fine to wrong account
News Tech

X adds ‘Highlights’ feature for verified users

A new “Highlights” page has been added to X, formerly known as Twitter, allowing premium users to showcase their tweets. The social network included information on the highlights feature to its Blue/ X Premium support website. The feature’s description read, “Feature your best posts by Highlighting those posts and they’ll appear on your profile in […]

Amazon, OnlyFans founder express interest as TikTok sale deadline nears
News Tech

Kenyan parliament rejects petition to ban TikTok

A petition asking for the government of Kenya to ban the short-video platform TikTok has been rejected by the Kenyan parliament. A prominent businessman, Bob Ndolo, the Executive Officer of Bridget Connect Consultancy, presented the petition to the parliament. The petition voiced concern over the fact that, despite the app’s growing popularity among young people […]

Safaricom’s M-Pesa launches in Ethiopia
News Tech

Safaricom’s M-Pesa launches in Ethiopia

Safaricom’s M-Pesa mobile money service on Wednesday launched in Ethiopia as part of its efforts to spur growth in one of Africa’s largest economies. “M-Pesa is known to be a game-changer for financial inclusion,” Safaricom Ethiopia’s interim CEO, Stanley Njoroge said. “We will continue to broaden the services our customers receive from the M-Pesa platform.” […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
News Tech

AI can help in content moderation – OpenAI

OpenAI, the company behind ChatGPT, made a compelling argument for the use of AI in content moderation, arguing that it may increase productivity at social media companies by reducing the time it takes to complete some of the laborious duties. “The process (of content moderation) is inherently slow and can lead to mental stress on […]

Hyundai's Indian unit to acquire GM's Talegaon plant
Business

Hyundai’s Indian unit to acquire GM’s Talegaon plant

Hyundai Motor Co.’s Indian arm is set to acquire General Motors’ Talegaon plant in Maharashtra, a strategic move that not only enables the U.S. automaker’s exit from the Indian market but also propels Hyundai’s annual production capacity. By adding the Talegaon facility to its existing Sriperumbudur plant near Chennai, Hyundai is embarking on a mission […]

Tony Elumelu to give speech at ECOWAS forum
Business

Why business partnership are difficult to form in developing nations – Tony Elumelu

A well-known businessman and Chairman of Heirs Holdings, Tony Elumelu, has provided insight into the challenging aspect of creating partnerships in developing countries. Although he admits that partnerships are an important factor in success, he warns that these alliances are not without difficulties. Elumelu stated this viewpoint in a tweet and elaborated on it in a personal statement […]

Tesla slashes prices of cars in China, Germany, Africa
News Tech

Tesla cuts prices for Model S, X cars in China

Tesla announced on Wednesday that it had reduced pricing for its current stocks of the high-end Model S and Model X vehicles in China by as much as 6.9%. A statement from the automaker on the social media site Weibo revealed that the Model S’s pricing has dropped from 808,900 yuan to 754,900 yuan ($103,477.58), […]

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