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Crypto

Kabosu, the face of Dogecoin cryptocurrency dies at 18

Alex Omenye The Japanese Shiba Inu, Kabosu, who became a global meme and the face of the alternative cryptocurrency Dogecoin, has died at the age of 18, her owner announced in a blog post on Friday. Atsuko Sato, Kabosu’s owner, shared that the beloved dog passed away peacefully in her sleep. Kabosu gained worldwide fame […]

OpenAI introduces o3 AI models with enhanced safety features
Tech

OpenAI fails to meet up with data accuracy – Report

Alex Omenye Efforts by OpenAI to reduce factual inaccuracies in its ChatGPT chatbot fall short of meeting full compliance with European Union data regulations, according to a task force from the EU’s privacy watchdog. The task force reported on its website on Friday that while measures to enhance transparency help prevent misunderstandings of ChatGPT’s output, […]

News

Glencore to pay Nigeria $50m compensation over oil contract bribe

Nigeria’s Minister of Justice and Attorney General of the Federation, Lateef Fagbemi, has revealed that Glencore is expected to pay Nigeria $50 million as a penalty for engaging in certain fraudulent activities in Nigeria. This was disclosed by Fagbemi on Friday at the Ministerial Sectoral Updates held at the National Press Centre, Radio House, Garki, […]

Seplat Energy extends agreement for ExxonMobil acquisition
News

Seplat Energy extends agreement for ExxonMobil acquisition

Seplat Energy Plc has prolonged the Share Sale and Purchase Agreement for the acquisition of ExxonMobil’s share capital in Mobil Producing Nigeria Unlimited, according to a notice submitted to the Nigerian Exchange Limited. The extension is aimed at keeping the transaction intact while awaiting the resolution of certain legal matters and obtaining the required regulatory […]

Ex-aviation minister criticizes Emirates Airline’s return to Nigeria
News

Ex-aviation minister criticizes Emirates Airline’s return to Nigeria

In response to Emirates Airline’s announcement to resume flight operations in Nigeria, former Aviation Minister Osita Chidoka has expressed strong criticism, calling the situation an embarrassment to the president and suggesting that the airline should not be allowed back so easily. During an interview with ARISE NEWS on Thursday, Chidoka questioned the logic behind Nigeria’s […]

NELFUND clears student loans for 108 institutions nationwide
featured News

How to apply for student loan

The long-awaited student loan programme has commenced on Friday, benefiting 1.2 million students in federal tertiary institutions across Nigeria, according to Akintunde Sawyerr, Managing Director/Chief Executive Officer of the Nigeria Education Loan Fund. Speaking at a pre-application sensitisation press conference in Abuja on Monday, Sawyerr announced that students from federal universities, polytechnics, colleges of education, […]

FG nears completion of automated border project
News

FG nears completion of automated border project

The Federal Government has announced that the project aimed at deploying automated management solutions across Nigerian borders is now 60% complete. Dr. Olubunmi Tunji-Ojo, the Minister of Interior, revealed this on Thursday in Abuja following an inspection of the e-border management centre and the Command and Control Centre for the electronic gates at airports. Dr. […]

FG eyes $20bn deal to boost oil, gas production
News

FG eyes $20bn deal to boost oil, gas production

The Federal Government has announced an ambitious plan to secure a groundbreaking $20 billion investment deal aimed at revitalizing Nigeria’s oil and gas production. This announcement was made by the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, during a courtesy visit by a delegation from Schlumberger (SLB) Ltd., led by its global […]

MAN faults CBN's interest rate Hike
News

MAN faults CBN’s interest rate Hike

The Director-General of the Manufacturers Association of Nigeria, Mr. Segun Ajayi Kadir, has criticized the Central Bank of Nigeria’s recent decision to raise the monetary policy rate by 150 basis points. Speaking at a press conference in Lagos on Thursday, Ajayi-Kadir warned that this increase will exacerbate the already high cost of doing business in […]

US tech giants urge Biden to rethink AI chip regulation
News

Biden opposes global tax on billionaires

The Biden administration has opposed a proposal to institute a worldwide tax on the assets of the ultrawealthy, a plan under consideration by some G20 member nations. U.S. Treasury Secretary Janet Yellen made the administration’s stance clear, emphasizing the U.S. commitment to progressive taxation, where the wealthy contribute a larger share of their income compared […]

Truecaller, Microsoft partner for personalized AI voice assistant
News

Truecaller, Microsoft partner for personalized AI voice assistant

Popular caller ID app known for its call blocking and recording features, Truecaller has partnered with Microsoft to offer users the ability to create a personalized AI assistant using their own voice. Initially launched in 2022, Truecaller’s AI assistant could already answer and screen calls for users, offering several pre-set voices. However, the new collaboration […]

Google settles $100m lawsuit over ad pricing disputes
News

Google introduces password sharing for family members

Google’s Password Manager now offers a new feature that allows users to share passwords with family members, according to a report by Android Authority. This feature, which enables secure password sharing within a family group, was detailed by Google in a recent support document. “With this new feature, you can now securely share your passwords […]

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