Blog

Apple to evade EU fine with changes to browser options
Tech

Apple unveils AI strategy with integration of ChatGPT into iPhones

Alex Omenye Apple has announced a major step in its AI strategy by integrating OpenAI’s ChatGPT into iPhones, revealed at the Worldwide Developers Conference on Monday. This move introduces Apple Intelligence features, allowing users to summarize text and generate personalized content such as animations. Alongside this, Apple also rolled out new versions of its operating […]

Access Bank nears final stages of National Bank of Kenya acquisition
Business

Access Bank acquires African Banking Corporation of Tanzania

Alex Omenye Access Bank has acquired African Banking Corporation of Tanzania Limited in a significant move to strengthen its footprint in East Africa. This acquisition marks a major step in the bank’s continent-wide expansion strategy. “This strategic move represents a notable step towards setting a railroad in Tanzania for intra-African trade within the East African […]

Technology

Nokia CEO makes world’s first ‘immersive’ phone call

Alex Omenye Nokia CEO Pekka Lundmark demonstrated a new technology called “immersive audio and video” that enhances call quality with three-dimensional sound, making interactions more lifelike. The announcement was made on Monday. “We have demonstrated the future of voice calls,” said Lundmark, who was also present in the room when the first 2G call was […]

Microsoft to hold cybersecurity summit after server outage
Technology

Microsoft unveils new Xbox consoles

Alex Omenye Microsoft kicked off its annual Xbox Games Showcase on Sunday, unveiling a new all-digital version of its Xbox Series X and S consoles, along with trailers for more than a dozen upcoming games, including the highly anticipated next installment of “Call of Duty.” The showcase comes at a critical juncture for Xbox and […]

News

SEC approves FCMB-TLG as Nigeria’s first private debt fund

The Securities and Exchange Commission has approved the FCMB-TLG Private Debt Fund, Nigeria’s first private debt fund denominated in naira. This was disclosed by the CEO of FCMB Asset Management Limited, James Ilori at the signing ceremony, according to Businessday. The Fund set up in May 2024, is sponsored and managed by FCMB Asset Management […]

News

FG, private sector partner to revive textile, garment industry

The Federal Government in collaboration with development partners and the commercial sector, is working on a rejuvenation strategy for Nigeria’s cotton, textile, and garment industries. This was disclosed by the Minister of Industry, Trade and Investment, Doris Uzoka-Anite while reviewing the activities of the ministry in the last year, according to Vanguard. In addition, Uzoka-Anite […]

News

Nightclub raid: Ondo gov slams EFCC’s disruption of legitimate business

Alex Omenye Ondo State Governor Lucky Aiyedatiwa, has accused operatives of the Economic and Financial Crimes Commission of disrupting legitimate business activities in Akure, the state’s capital. His statement on Sunday night followed the arrest of 127 individuals during a party on Saturday by the EFCC’s Ibadan Zonal Directorate. The EFCC had issued a statement […]

Business

‘Funmilayo Ransom Kuti’ biopic rakes in N100mn in first week

The biopic ‘Funmilayo Ransom Kuti,’ produced by Bolanle Austen-Peters, has achieved a significant milestone, surpassing N100 million in ticket sales just three weeks after its cinema release. As of June 5, the Nigerian Box Office reported that the film had amassed N108 million in ticket sales across various cinema venues nationwide. The film began its […]

featured

We contributed $550m to Afrexim Bank loan facility – Oando

Oando Plc has stated that it contributed $550 million to the $925 million released to the Federal Government by the African Export-Import Bank under the $3.3 billion crude oil-backed loan facility sponsored by Nigerian National Petroleum Business Limited. According to a corporate notification filed with the Nigerian Exchange Limited on Friday, the oil corporation made […]

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