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Apple launches AI-powered iPhone 16 with dedicated camera button
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pple launches AI-powered iPhone 16 with dedicated camera button

Apple introduced the iPhone 16 at its “Glowtime” event in Cupertino on Monday. CEO Tim Cook emphasized that the new device is “designed around Apple Intelligence, from the ground up,” highlighting the generative AI features first announced at WWDC in June. The handset is constructed from “aerospace-grade” aluminum, according to the company. The iPhone 16’s […]

Apple to hike iPhone prices ahead of launch
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Apple unveils iPhone 16 lineup at GlowTime event

Apple officially launched its iPhone 16 lineup during Monday’s GlowTime event. CEO Tim Cook emphasized that the new devices are “built around Apple Intelligence from the ground up.” The company introduced the base models, alongside the iPhone 16 Pro and iPhone 16 Pro Max, which both boast the new A18 Chip. The Pro models feature […]

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Electricity DisCos rake in N150bn revenue in June – NERC

Electricity distribution companies in June 2024 collected N150.86 billion in revenues, achieving an 85.44% collection efficiency rate. This was disclosed in the fact sheet on electricity distribution companies’ performance in the month published by the Nigeria Electricity Regulatory Commission, according to Nairametrics. Ikeja led with the highest revenue at N30.06 billion and a billing efficiency […]

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Agriculture drove 474.50% CIT growth in Q2 2024 – NBS

Agricultural sector led Q2 2024 Company Income Tax  growth in Nigeria, with a 474.50% quarter-on-quarter increase, according to the latest NBS report. The CIT rose to N2.47 trillion, up 150.83% from N984.61 billion in the first quarter of 2024. Notably, the agricultural sector alone experienced a remarkable 474.50% quarter-on-quarter growth. Local CIT payments amounted to […]

Apple, Tencent, ByteDance plan AI features in Chinese iPhones
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Apple Store website goes down hours before iPhone 16 launch

Just six hours before the highly anticipated iPhone 16 launch event, Apple’s official store website has gone offline. Visitors are currently met with a message stating: “Be right back. We’re making updates to the Apple Store. Check back soon.” This temporary outage comes as the tech giant prepares to unveil its latest products. The downtime […]

ChatGPT’s AI image feature delayed for free users
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ChatGPT outperforms trainee doctors in diagnosing respiratory diseases, study finds

A recent study revealed that ChatGPT outperforms trainee doctors in diagnosing respiratory diseases. The research, presented at the European Respiratory Society conference in Austria, also showed that Google’s Bard occasionally surpassed human performance, while Microsoft’s Bing matched the capabilities of the trainee doctors. The findings suggest that large language models like ChatGPT could play a […]

FG to provide free ICT training for youths - Youth minister
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Experts urges Nigerian youths to embrace innovation amid unemployment

The Chief Executive Officer of Baobab Plus Nigeria, Mr. Kolawole Osinowo, urged Nigerian youth to focus on acquiring critical skills to foster an innovative mindset. This was disclosed by Osinowo in a keynote speech at a Seminar to mark the International Youth Day organized by the Institute of Industrial Development, IID, with the theme: “Innovation, […]

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MSMEs to initiate survival strategies amid fuel price hike

The recent hike in the price of premium motor spirit in Nigeria has prompted the Association of Small Business Owners of Nigeria to implement survival strategies to prevent the extinction of small businesses. This move follows warnings from the Manufacturers Association of Nigeria and ASBON about the potential negative impacts of rising fuel costs, which […]

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SEC to clamp down on unregistered crypto exchanges

The Securities and Exchange Commission has announced that it will soon initiate enforcement actions against individuals and business entities, including cryptocurrency exchanges, operating outside its regulatory framework. In a statement released on Sunday, SEC Director-General Dr. Emomotimi Agama emphasized the commission’s commitment to safeguarding investors, according to Nairametrics. This follows the SEC’s recent approval in […]

NLC President Ajaero arrested by DSS at Abuja airport
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NLC President Ajaero arrested by DSS at Abuja airport

The President of the Nigeria Labour Congress, Joe Ajaero, was reportedly detained by operatives of the Department of State Services on Monday morning at the Nnamdi Azikiwe International Airport in Abuja. According to reports from The PUNCH, Ajaero was en route to the United Kingdom for an official engagement when the arrest occurred. He was […]

WeTransfer to cut 75% of workforce after Italian acquisition
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WeTransfer to cut 75% of workforce after Italian acquisition

Italian app developer Bending Spoons will lay off 75% of the staff at file-sharing platform WeTransfer, CEO Luca Ferrari announced on Sunday. In a statement to Reuters, Ferrari said, “I won’t be more specific at this stage because the layoff hasn’t been fully defined yet.” Bending Spoons acquired WeTransfer in July, marking its fifth acquisition […]

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FG debunks rumoured planned VAT hike

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has addressed recent speculation about a potential increase in the Value-Added Tax rate, denying reports suggesting that the Value-Added Tax rate will increase from 7.5% to 10%. In his statement released on Monday, Edun confirmed that there will be no change to […]