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Anthropic details Claude watermarking system to meet EU AI

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FG inaugurates new Galaxy Backbone board to accelerate digital transformation

The Federal Government has inaugurated a new Board of Directors for Galaxy Backbone Limited, Nigeria’s ICT infrastructure provider, to advance the country’s digital economy agenda. The inauguration ceremony was held at the Office of the Secretary to the Government of the Federation (SGF) in Abuja and was presided over by Senator Dr. George Akume, who […]

JP Morgan to establish full-fledged branch in Nigeria
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JP Morgan warns investors, raises concerns over Nigeria’s economic stability

J.P. Morgan has advised investors to exit long positions in Nigerian Open Market Operation bills, citing concerns over Nigeria’s economic stability. In a research note dated April 9, 2025, the investment bank warned that falling oil prices and renewed trade tensions could deepen the country’s macroeconomic vulnerabilities. As Brent crude approaches sub-$60 levels, J.P. Morgan […]

NITDA to develop blockchain "Nigerium" for data Security
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Nigerian tech development hits N34.3bn growth in 2024

Several Nigerian banks reported strong profit growth in 2024, which is significantly benefiting the country’s technology ecosystem as their contributions to the Nigeria Information Technology Development Fund rose by 57% year-on-year, reaching N34.3 billion. The contributions from Zenith Bank Plc, Guaranty Trust Holding Company Plc, United Bank for Africa Plc, Fidelity Bank Plc, Stanbic IBTC […]

Business

China strikes back, raises tariffs on US goods to 125%

China responded on Friday to United States President Donald Trump’s tariff hikes by raising its own tariffs on American goods from 84% to 125%, according to the Chinese finance ministry. The ministry said, “Even if the U.S. continues to raise tariffs, it will no longer be economically meaningful and will go down as a joke […]

MTN Nigeria plans public offer to sell 11% stake
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MTN Nigeria plans public offer to sell 11% stake

MTN Group has announced plans to reduce its stake in MTN Nigeria through a public offer once the subsidiary returns to profitability. The move aligns with the company’s longstanding strategy to broaden local ownership in its most lucrative market. Speaking at an editors’ roundtable this week, MTN Group President and CEO Ralph Mupita confirmed the […]

WhatsApp surpasses 3bn monthly users
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WhatsApp roll out new features to boost messaging, calls

WhatsApp has announced a wave of new updates aimed at improving the user experience across its messaging, calling, and channel features — a strategic push to stay competitive with rivals like Telegram and Discord. One of the standout additions is a real-time “Online” indicator at the top of group chats, showing how many participants are […]

Netflix launches dark mobile game for new ‘Black Mirror’ episode
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Netflix launches dark mobile game for new ‘Black Mirror’ episode

Netflix has released a new mobile game alongside the premiere of Black Mirror Season 7, offering fans an interactive extension of the series. The game, titled Thronglets, is directly connected to the new episode Plaything and was developed by Netflix’s in-house studio, Night School. At first glance, Thronglets resembles a modern spin on virtual pet […]

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FG commits to enhancing investment climate

The Minister of Information and National Orientation, Mohammed Idris, assured that the Federal Government will create a favorable environment for foreign investment. He urged investors to remain engaged with Nigeria’s economy, especially amid the country’s ongoing reforms. The minister emphasized that Nigeria provides dynamic market potential and an investor-friendly environment, essential for successful business operations. […]

Canva launches employee stock sale at $42bn valuation
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Canva doubles down on AI with new design, editing, data tools

Creative software company Canva unveiled a suite of new AI-powered features on Thursday to streamline content creation and editing. The additions signal the growing importance of AI in design workflows — and suggest that for software makers, integrating AI is no longer optional, even if some customers remain skeptical. At the heart of the update […]

US regulator investigates ChatGPT over ‘bad content’
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OpenAI updates ChatGPT to reference past conversations

OpenAI has announced the gradual rollout of a new memory feature in ChatGPT, designed to make the AI assistant more personalized and context-aware. The update allows ChatGPT to reference information from users’ past interactions, enabling more fluid and relevant conversations. The feature, listed in settings as “reference saved memories,” enhances ChatGPT’s responses across text, voice, […]

Google launches AI-powered search in Nigeria, other countries
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Google plans to merge Gemini, Veo AI models

Google DeepMind CEO Demis Hassabis revealed plans to integrate the tech giant’s Gemini AI models with its video-generating system, Veo. The move, he said, is aimed at enhancing the models’ grasp of the real world was disclosed in a recent episode of Possible, a podcast co-hosted by LinkedIn founder Reid Hoffman. “We’ve always built Gemini, […]

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