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China launches first open-source computer operating system
News Tech

China launches first open-source computer operating system

China has launched OpenKylin, its first domestic open-source desktop operating system, as the country intensifies attempts to reduce its reliance on American technology. China’s version of the open-source Linux operating system, which was made available on Wednesday and is based on the current version, was created by a group of about 4,000 developers and is […]

Nigeria has best return on investments, Tinubu tells Indian investors
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Tinubu suspends 5% telecom tax

President Bola Tinubu has signed four executive orders, including the suspension of the 5% excise tax on communications services and the rise of excise duty on domestically manufactured goods. The president’s special assistant on special tasks, communications, and strategy, Dele Alake, revealed, this to state house correspondents on Thursday. The telecom tax was part of the new […]

AMMBAN blames inflation for new PoS charges
News

AMMBAN blames inflation for new PoS charges

The Association of Mobile Money and Bank Agents in Nigeria, has cited the impact of rising inflation costs on agents AMMBAN claimed that the ‘cost to serve’ was the rationale for raising PoS transaction prices. This was confirmed on Wednesday in a press statement made in response to criticism of the increase in PoS transaction prices. […]

Lagos bans street traders from Eko, Babangida bridge, other areas
Policy and Regulations

Lagos bans street traders from Eko, Babangida bridge, other areas

The Lagos State Government has declared zero tolerance for street traders in Lagos state, particularly on the Third Mainland Bridge and Eko Bridge. This information was released in a press statement signed by the Permanent Secretary, Office of Environmental Services, Gaji Omobolaji Tajudeen, on Wednesday, July 5, 2023 as he read the riot act to street traders in Lagos state,  […]

Eastline Energy sues Conoil over $774,789 debt
Oil and Gas

Eastline Energy sues Conoil over $774,789 debt

Eastline Energy Resources Limited, an oil and gas servicing firm based in Port Harcourt, has filed a class action lawsuit against Conoil Producing Limited over a $774,789 debt. Nairametrics reported that the Nigerian National Petroleum Company Limited and members of the Conoil staff both received a letter dated June 14 that announced the intention to file a […]

WhatsApp: How to move chats, media to new device
News

WhatsApp: How to move chats, media to new device

Bid farewell to the hassle of transferring data to a new phone as WhatsApp users rejoice! The widely-used messaging app now offers a seamless solution to move your chat histories and media content to a new device, eliminating the need for third-party applications. Meta CEO, Mark Zuckerberg, proudly unveiled this new feature, highlighting that your […]

ChatGPT exposed minors to sexual content, OpenAI confirms
News Tech

OpenAI moves to regulate AI

OpenAI, creator of ChatGPT, intends to commit large funds and establish a new research team to work on ensuring that its artificial intelligence is still safe for people to use. “The vast power of superintelligence could … lead to the disempowerment of humanity or even human extinction,” OpenAI co-founder, Ilya Sutskever and head of alignment […]

Five things to know about Meta's Twitter-like App Threads
Tech

Five things to know about Meta’s Twitter-like App Threads

The parent company of Instagram, Meta, recently introduced Threads, a text-based conversation app aimed at competing with Twitter. As users seek alternatives to Twitter’s evolving restrictions, Threads offers a platform where users can engage in real-time conversations while integrating seamlessly with their existing Instagram accounts. Here are five key things to know about Meta’s new […]

Samsung to unveil Galaxy Z Flip 5 July 25
News

Samsung to unveil Galaxy Z Flip 5 July 25

Samsung is gearing up to host its highly-anticipated unpacked event on July 26th, The event will kick off bright and early at 7AM ET for the East Coast, while in Seoul, where Samsung is based, it will be an evening affair. The tech giant has already dropped hints with an image and text accompanying the […]

Why terminal operators raise imported vehicles tariff by 35% - Report
News

Why terminal operators raise imported vehicles tariff by 35% – Report

Ports & Terminal Multipurpose Limited has announced a 36% rise in tariff on imported vehicles, effective July 1, months after the Maritime Workers Union of Nigeria demanded that terminal rates be revised upwardly. The Punch reported that the terminal stated in a public notice that it had gotten approval from the appropriate authorities for the fee […]

Meta's Twitter-like Threads app hits 10m signups in 24 hours
Tech

Meta’s Twitter-like Threads app hits 10m signups in 24 hours

Meta’s new Twitter clone, Threads, is experiencing a remarkable surge in signups on its first day. Within a span of seven hours since its launch, Threads has surpassed the impressive milestone of 10 million signups. This comes after Meta CEO, Mark Zuckerberg, had previously announced that 5 million users had signed up within the first […]

How forex scarcity affects fresh petrol imports - Report
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How forex scarcity affects fresh petrol imports – Report

Oil marketers who have been licenced to import fuel are currently experiencing issues getting cash and thus, the prospect of new petrol importation into the country may have been crushed. According to The Punch, sources reported that three of the enraged downstream enterprises were yet to source foreign exchange to purchase products. Even though six downstream companies […]

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