Netflix co-founder Reed Hastings donates $1.1bn to charity
Netflix’s co-founder and executive chair, Reed Hastings, has made a remarkable philanthropic move by donating 2 million Netflix shares, valued at over…
market
Geregu Power reports 110% rise in profit
A major player in Nigeria’s energy sector, Geregu Power Plc, has reported a staggering 110% increase in operating profit in its just issued 2023…
X lifts search ban on Taylor Swift
Social media company X reversed the ban on searches for Taylor Swift on Monday evening, which had been implemented after fake sexually-explicit…
Italy accuses OpenAI of data breaches
Italy’s data protection authority, Garante, informed OpenAI on Monday that its ChatGPT artificial intelligence chatbot application violates data protection rules. Garante, known…
Pension funds climb by 22% to N18tn – NAICOM
The total assets under the Contributory Pension Scheme hit N18.36 trillion by the end of 2023, according to National Pension Commission data.…
Amazon pulls out of iRobot acquisition
Alex Omenye Amazon’s attempt to acquire iRobot, the renowned robotic vacuum manufacturer, has come to an end due to challenges faced with…
Linktree adds new features for users
Alex Omenye Linktree, the link-in-bio platform, on Monday, unveiled new features, including link scheduling, archiving, and automated retrieval of the latest videos…
CBN releases additional $500m to clear FX backlog
The Central Bank of Nigeria has granted an additional $500 million to get rid of the verified FX backlog. According to The…
DataPro gives FSDH Merchant Bank an “A” rating
A credit rating agency in Nigeria, DataPro, has granted FSDH Merchant Bank Limited a long-term rating of “A” with a stable outlook…
Access Holdings subsidiary purchases ARM Pensions
Access Pensions Limited, an Access Holdings affiliate, has purchased a majority share in ARM Pensions Managers Ltd. The PUNCH reported that a…
X blocks search for Taylor Swift over deepfake pictures
In response to a recent surge in the dissemination of graphic AI-generated fakes featuring the globally renowned recording artist Taylor Swift, X…
Niger, Mali, Burkina Faso quit ECOWAS
Three West African nations, Niger, Mali, and Burkina Faso, have left the Economic Community of West African States after military intervention. The…