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OpenAI introduces o3 AI models with enhanced safety features
Tech

OpenAI eyes Google Chrome amid regulators probe 

OpenAI has shown interest in acquiring Google’s Chrome browser if antitrust regulators succeed in forcing Alphabet to sell it. This came to light during testimony at Google’s ongoing antitrust trial in Washington, where the move is part of broader efforts to restore competition in the search market. This disclosure was made by ChatGPT’s head of […]

Meta unveils 'Edits' video creation app to rival CapCut
News

Meta unveils ‘Edits’ video creation app to rival CapCut

Meta has officially launched Edits, a new video-editing app designed to rival ByteDance’s CapCut. The app rolled out globally on Tuesday and is now available for download on both iOS and Android devices. Tailored for content creators, Edits combines AI-powered tools with intuitive features to streamline video creation. The app lets users develop and organize […]

OpenAI has informed investors that it plans to significantly reduce the share of its revenue allocated to Microsoft as part of an ongoing restructuring
News

ChatGPT search surges in Europe, nears DSA regulation threshold

OpenAI’s web-enabled feature, ChatGPT Search, is rapidly expanding its user base across Europe, edging closer to new regulatory scrutiny under the EU’s Digital Services Act. According to a recent compliance filing by OpenAI Ireland Limited, the corporate arm responsible for EU operations, ChatGPT Search averaged 41.3 million monthly active recipients over the six-month period ending […]

Nigeria borrowed money to fight Boko Haram - Oyedele
Business

FG introduces new tax credit scheme amid reform

The Federal Government is introducing the Economic Development Incentive as part of its ongoing tax reform efforts. This new initiative is designed to replace the current Pioneer Status Incentive and address its inefficiencies. The EDI will directly link tax relief to measurable investments, encouraging genuine economic activity and fostering growth in key sectors. This was […]

Why motorists should verify vehicle insurance status - Operators
News

New insurance bill seeks compensation for victims of liquidated companies

The Nigerian Insurance Reform Bill, now awaiting presidential assent, seeks to improve consumer protection by establishing a compensation fund for victims of liquidated insurance companies. This was disclosed by the Chairman of the Nigerian Insurers Association, Kunle Ahmed, during a quarterly press conference in Lagos Tuesday, stating that the bill will also set up fund […]

News

Makemation grosses N32.9m in first run at Nigerian cinemas

Makemation, a Nigerian film exploring themes of dreams, technology, and determination, has had a successful start at the local box office, earning N32.9 million in its first run. It grossed N21.5 million over the opening weekend (Friday to Sunday) and reached a total of N32.9 million by Monday, reflecting strong audience engagement and interest, according […]

featured

IMF projects Nigeria’s inflation to average 26.5% in 2025

The International Monetary Fund projects Nigeria’s inflation rate to average 26.5% in 2025, following the recent rebasing of the Consumer Price Index by the National Bureau of Statistics. While this marks a decline from 33.2% in 2024, inflation is expected to rise again to 37.0% in 2026. This forecast is outlined in the IMF’s April […]

News

NiMet workers to begin indefinite strike Tuesday over unmet demands

Workers at the Nigerian Meteorological Agency have announced an indefinite strike starting today, April 22, 2025, due to unmet demands and repeated violations of their collective bargaining agreement by the agency’s management. In a letter, the Union of Air Transport Employees, the Association of Nigerian Aviation Professionals, and the Amalgamated Union of Public Corporations, Civil […]

A simple question posed on X (formerly Twitter) has sparked a curious debate about digital etiquette — and its potential cost. One user asked, “I wonder how much money OpenAI has lost in electricity costs from people saying ‘please’ and ‘thank you’ to their models.” OpenAI CEO Sam Altman chimed in with a characteristically dry reply: “Tens of millions of dollars well spent — you never know.” While Altman’s response was clearly tongue-in-cheek, it opened up a broader conversation: does politeness to artificial intelligence come with a price tag? Technology site Futurism picked up the exchange, musing on whether pleasantries like “please” and “thank you” — often directed at ChatGPT and other AI tools — might be not only unnecessary but also wasteful in terms of time and computing power. But not everyone sees it as a pointless gesture. Kurt Beavers, a design director on the Microsoft Copilot team, suggested there’s more to digital politeness than meets the eye. According to Beavers, polite inputs from users can influence tone and outcomes. “Using polite language sets a tone for the response,” he said. “When an AI model clocks politeness, it’s more likely to be polite back.” In other words, AI might be mirroring more than just words — it could be taking cues from human manners, too. Still, while some users embrace courteous phrasing as part of interacting with AI in a more “human” way, others argue it’s just another habit formed in a world of voice assistants and automated replies — or perhaps even a subconscious hedge against a sci-fi-style future where machines remember how we treated them.
News

Saying ‘Please,’ ‘Thank you,’ to ChatGPT costs OpenAI millions, Altman laments

A simple question posed on X (formerly Twitter) has sparked a curious debate about digital etiquette — and its potential cost. One user asked, “I wonder how much money OpenAI has lost in electricity costs from people saying ‘please’ and ‘thank you’ to their models.” OpenAI CEO Sam Altman chimed in with a characteristically dry […]

Uber fined €10m for invading drivers' privacy
News

US sues Uber over alleged deceptive subscription practices

The United States Federal Trade Commission has filed a lawsuit against Uber Technologies Inc., accusing the ride-hailing giant of enrolling customers into its Uber One subscription service without their consent and misleading users about potential savings and the ease of cancellation. Filed Monday in a federal court in San Francisco, the suit claims that Uber […]

featured

Private sector credit hits N76.27tn in March – CBN

Credit to Nigeria’s private sector rose slightly to ₦76.27 trillion in March 2025, representing a 0.03% increase from ₦76.25 trillion in February 2025. This is based on the latest data released by the Central Bank of Nigeria. However, the figure remains below the ₦77.38 trillion recorded in January 2025, highlighting a broader trend of credit […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
News

Nigeria’s money supply hits ₦114.22tn in March

Nigeria’s broad money supply surged to ₦114.22 trillion in March 2025, according to the latest data from the Central Bank of Nigeria, raising concerns about the effectiveness of the apex bank’s aggressive tightening measures. The March figure reflects a 24% year-on-year increase from ₦92.19 trillion in March 2024, and a 3.2% month-on-month rise from ₦110.71 […]

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