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Private power supply costs N750/kWh, says Minister Adelabu
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Adelabu to resign as power minister for Oyo gov race

The Minister of Power, Chief Adebayo Adelabu, is set to resign from his position after obtaining the consent of President Bola Tinubu to pursue his governorship ambition in Oyo State. According to The PUNCH, the development follows a meeting between Adelabu and the president on Tuesday at the Presidential Villa in Abuja, during which the […]

Meta offered $100m bonuses to lure OpenAI staff, Altman alleges
Tech

OpenAI’s Sam Altman criticises Anthropic over AI risk messaging

Tensions between OpenAI and Anthropic have resurfaced following fresh remarks from OpenAI CEO Sam Altman, who criticised his rival’s latest cybersecurity-focused artificial intelligence model during a podcast appearance this week. Altman said Anthropic appeared to be using heightened warnings about potential risks to position its new model more strongly in the market than its capabilities […]

Business

Flutterwave denies reports of $75m FG investment

Flutterwave has clarified reports claiming that the Federal Government of Nigeria invested $75 million in the fintech company. The company said no such transaction has been officially announced, though it noted that discussions with relevant stakeholders are still ongoing. Flutterwave made the clarification in a statement issued on Tuesday in response to the reports. The […]

Tech

Clarifai deletes 3m OkCupid photos used for AI training

The AI platform Clarifai has deleted 3 million photos it reportedly obtained from OkCupid to train its facial recognition AI. The company also removed any AI models developed using that dataset, according to Reuters. According to the report, Clarifai requested data from OkCupid in 2014, at a time when executives from the dating app had […]

Tech

Amazon expands into weight-loss market with new GLP-1 access program

Amazon is expanding further into the fast-growing weight-loss market, announcing on Tuesday a new initiative designed to make access to widely used GLP-1 treatments easier. The company said its primary care unit, Amazon One Medical, is introducing a GLP-1 management program that incorporates obesity treatment into standard medical care. The program blends virtual and in-person […]

Business

W’Africa’s $150bn digital economy threatened by cable disruptions – WATRA

The West African Telecommunications Regulators Assembly has raised concerns that recurring submarine cable disruptions are exposing significant vulnerabilities in a regional digital economy valued at up to $150 billion. Speaking at the International Submarine Cable Resilience Summit in Porto, Portugal, WATRA Executive Secretary Aliyu Aboki said the region’s current network infrastructure lacks sufficient resilience to […]

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Fraudsters demand crypto for safe passage through Strait of Hormuz – Report 

Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to several shipping firms, according to Reuters on Tuesday, citing a maritime security company. Greek risk advisory firm MARISKS said unidentified individuals posing as Iranian officials contacted companies with vessels stranded west of the strategic waterway, demanding transit […]

Business

Tinubu appoints Fatima Zuntu as NBMA director-general

President Bola Tinubu has approved the appointment of Fatima Zuntu as the Director-General and Chief Executive Officer of the National Biosafety Management Agency. In a statement on Monday, Chris Ugwuegbulam, head of information and public relations at the Office of the Secretary to the Government of the Federation, said the appointment took effect from April […]

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Who is John Ternus, Apple incoming CEO?

After 15 years, Tim Cook is set to step down as Apple CEO, passing the role to John Ternus, the company’s senior vice president of hardware engineering. Beginning September 1, Ternus will take charge of one of the world’s most valuable companies. Ternus has spent nearly half his life at Apple. At 51, he has […]