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Microsoft develops AI models to reduce reliance on OpenAI
News

Microsoft introduces passkeys for security

Software giant Microsoft has introduced passkeys for all consumer accounts, allowing users to bypass passwords when accessing the company’s accounts. This move comes in response to a surge in password attacks, reaching a staggering 4,000 per second, with hackers increasingly succeeding in compromising accounts. Users of Microsoft services can now create a passkey on their […]

News

CBAAC, WIPO partner to protect Nigerians’ intellectual rights

The Centre for Black and African Arts and Civilization and the World Intellectual Property Organization have agreed to cooperate on the promotion of Intellectual property rights and protection for creative goods and services, especially among young creatives in Nigeria. This was disclosed during a recent working visit by the Director-General of CBAAC, Aisha Augie, to […]

News

Fitch upgrades Nigeria’s credit outlook

The credit rating outlook of Nigeria was reviewed upward to positive from stable by Fitch ratings, six months after it said that reform progress since President Bola Tinubu came to power in May of last year faster than was anticipated. The reforms such as that in the foreign exchange market, monetary policy, and oil and […]

LinkedIn faces lawsuit for allegedly training AI with private messages
Tech

LinkedIn predicts AI influence on job markets

In its latest analysis, LinkedIn, the renowned professional networking platform, unveils its projections for the future of recruitment, driven by the impending revolution brought forth by AI, particularly Gen AI. Drawing insights from extensive discussions with key talent leaders, surveys encompassing thousands of recruiting professionals, and the wealth of data generated on its platform, LinkedIn […]

Top ten weakest African passports in 2024
News

Top ten weakest African passports in 2024

An online free information guide to worldwide visa, VisaGuide.World, has released the rankings of the ten weakest African passports in 2024. While some African nations offer their citizens robust travel privileges, others face significant limitations, constraining international mobility. Passports from these countries often provide restricted visa-free or visa-on-arrival access to other nations, creating substantial hurdles […]

News

Ex-FCMB bank manager jailed 121 years for N112m fraud

Former First City Monument Bank manager, Nwachukwu Placidus, has been sentenced to 121 years in prison for embezzling N112 million from a customer’s fixed deposit account by Justice S. N. Odili of the Anambra State High Court in Onitsha, Anambra state. Placidus was arraigned on Tuesday, March 27, 2018, on 16-count charges bordering on forgery, […]

GTBank website outage due to domain name issue, not hack
News

GTCO records pre-tax profit of ₦509.3billion in Q1

Onwubuke Melvin   Guaranty Trust Holding Company has announced the highest pre-tax of ₦509.3billion recording the highest in the history of Nigerian banking, in its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024. This was disclosed in its quarterly financial report filed by the bank with the Nigerian Exchange Groupon […]

The European Commission has charged Google with two violations of landmark EU regulations while ordering Apple to open its ecosystem to competitors
News

Google under probe for antitrust activities

Google’s advertising practices are under intense scrutiny as a United States court conducts an antitrust trial presided over by Judge Amit Mehta. The trial, which focuses on Alphabet Inc., Google’s parent company, sheds light on the tech giant’s advertising strategies. During the final stages of the trial, spanning two days of closing arguments, Judge Mehta […]

Instagram plans to launch standalone app for Reels
Tech

Instagram adds secret Story feature that viewers can uncover with DM

Alex Omenye Instagram unveiled several new features for Stories aimed at enhancing user creativity and engagement, the company announced on Friday. Among these additions is the “Reveal” feature, which allows users to post hidden Stories for their followers to uncover by sending a direct message. Additionally, Instagram is introducing features that enable users to share […]

Apple reshuffles AI leadership amid Siri delays
Tech

Apple iPhone sales drop to 10%

Alex Omenya Apple’s second fiscal quarter report has revealed a 10% decline in iPhone sales compared to the previous year, dropping from $51.33 billion to $45.96 billion. The slowdown, in part, was attributed to an 8% decrease in sales in China. Apple’s cautious approach to adopting AI technology, in contrast to competitors like Google and […]

Crypto

Nigeria’s peer-to-peer crypto trading worth $500bn – Expert

The Chief Executive Officer of cryptocurrency firm NoOnes, Ray Youssef, has said that peer-to-peer popularly known as P2P is probably worth $500bn business in Nigeria alone. This was revealed by Youssef in an interview with Techpoint Africa amid an imminent ban on cryptocurrency in the country, according to The Punch. Youssef said “Peer-to-peer is probably […]

News

79% of households are food insecure in Nigeria – Report

The National Food Consumption and Micronutrients Survey has revealed that 79 per cent of households are food insecure in Nigeria. This is contained in the 2021 National Food Consumption and Micronutrients Survey report launched in Abuja by the Federal government in collaboration with foreign partners and other stakeholders in the food sector, according to Vanguard. […]

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