Tag: Nigeria

Amazon lays off staff at Audible
News Tech

Amazon lays off staff at Audible

Amazon is cutting off 5% of the personnel at Audible, Business Insider reported on Thursday, citing a message by the president of the audiobook and podcast division. Amazon acquired the audiobook provider Audible in 2008 for around $300 million. The revelation comes as internet giants continue to drastically reduce employment, with several extending their layoffs […]

BVN registration hits 60.2m as CBN deadline nears
News

BVN registration hits 60.2m as CBN deadline nears

The number of people who have registered for a Bank Verification Number has risen to 60.2 million as of January 10, 2024. This was disclosed in the most recent BVN registration data issued by the Nigeria Inter-Bank Settlement System. The BVN database reached at 59.9 million as of December 18, 2023. According to this, between late […]

Online community platform Discord lays off staff
News Tech

Online community platform Discord lays off staff

Online community network, Discord, is letting go of 170 employees, or 17% of its workforce. Discord CEO Jason Citron laid the blame for recent layoffs on overhiring in an internal document that was acquired by The Verge. This is in line with other tech CEOs’ justifications. On Thursday, the layoffs were disclosed at an all-hands […]

Google introduces updates to play store
News Tech

Google to allow more real-money games on Play Store

Google said on Friday that it will enable additional kinds of games in the category that go by local rules in order to encourage more real-money games on the Play Store this year. According to the search giant, the extended support for the real-money gambling program will launch in June in Mexico, Brazil, and India, […]

Disney subsidiary Pixar to lay off staff
News Tech

Disney subsidiary Pixar to lay off staff

The Disney-owned animation studio Pixar has acknowledged that it would be laying off employees this year. Techcrunch reports that Pixar’s staff of 1,300 will be reduced to less than 1,000 over the next several months due to massive layoffs that might reach up to 20%. Pixar claims that these figures are excessive. The studio emphasized […]

Kano Disco's $200m funding to benefit 25m Nigerians
Electricity

Kano Disco’s $200m funding to benefit 25m Nigerians

Kano Electricity Distribution Company is seeking $200 million in investment to modernize its infrastructure and modify electricity distribution for an estimated 25 million Nigerians. According to Businessday, Kano Electric is partnering with a Mauritius-based firm, BlackAion Capital, to re-capitalize the network and specifically work on the $200 million fundraise for the interconnected mini-grids and embedded generation projects in […]

IWD: ILO unveils policy on domestic workers' labour rights
Business

Two million people may lose their jobs by 2024 – ILO

The International Labour Organization has stated that two million people may lose their jobs this year, as the global unemployment rate rises from 5.1 per cent in 2023 to 5.2 per cent in 2024. The PUNCH reported that the ILO claimed in its most recent report, “World Employment and Social Outlook: Trends 2024,” that while joblessness […]

Snapchat expands AI features for paid subscribers
News Tech

Snapchat launches parental controls allowing parents ban chatbot

Snapchat is rolling out new parental settings that will let parents ban their teenagers from chatting with the AI chatbot on the app. “Snapchat was built to help people communicate with their friends in the same way they would offline, and Family Center reflects the dynamics of real-world relationships between parents and teens, where parents […]

Nigeria's economy to grow by 0.1% in 2024 — UN
Business News

Nigeria’s economy to grow by 0.1% in 2024 — UN

The United Nations has projected that the Nigerian economic growth to rise from 3.0% in 2023 to 3.1% in 2024. However, there are certain things that depend on the growth. The UN research indicates that Nigeria’s GDP may grow in 2024 as a result of its aggressive stance against climate change and internal oil refining. […]

Google unveils AI-powered educational tools
News Tech

Google removes underused features from AI Assistant

In order to concentrate on “quality and reliability,” Google is eliminating 17 “underutilized” features from Google Assistant, the company said on Thursday. A message that a feature will no longer be accessible after a specific date will be sent to users who request one of the functionalities that are being deleted starting on January 26. […]

WhatsApp launches sticker maker for iOS
News Tech

WhatsApp launches sticker maker for iOS

WhatsApp on Thursday launched a new iOS feature that will allow users to design, modify, and share their own stickers. You may create custom stickers or convert your own photographs into stickers with this new function. WhatsApp’s editing features, which include text, sketching, and the ability to overlay other stickers, may be used to customize […]