Facebook Respond To Privacy Concern, To Shut Down Facial Recognition
Scandal-hit Facebook is shutting down its long-criticized facial recognition system and deleting scan data on a billion people, it said…
Month: November 2021
NIPC Announce $8.99 Billion Investment With Lagos State Topping The List With 81 Percent
The Nigerian Investment Promotion Commission (NIPC) said it tracked $8.99 billion as investment announcements in the third quarter of 2021…
Microsoft Announces Mesh For Microsoft Teams
Microsoft is launching Mesh for Microsoft Teams , a service that combines the AR/VR capabilities of Microsoft Mesh which allows…
Mark Zuckerberg Commented As Jay-Z Joins Instagram For The First Time
American rapper and music executive, Shawn Corey Carter, known professionally as Jay-Z, has joined one of the popular social media…
94 Percent Of Yearly Pharmaceutical And Medicinal Needs Importation Cost Africa At Least $16 Billion Loss
Pharmacists under the aegis of the Pharmaceutical Society of Nigeria (PSN), yesterday, said Africa loses at least $16 billion (N8.8…
Swiss Bank “Credit Suisse” Gain Got Hit By Major Litigation Charge
Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations of corruption…
Tencent Launch Three Own Made Chips
Tencent on Wednesday launched three chips it developed, marking the first time the Chinese internet giant has publicly spoken about…
U.S Tech Giant “Google” Amended Its Payment Policy For The First Time
Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new…
Indian Fintech “Paytm” Allocates $1.11 Billion Shares To Over 100 Investors
Ant Group-backed fintech firm Paytm said it has allocated shares worth 82.35 billion rupees ($1.11 billion) to more than 100…
Lenovo Report 65 Percent Profit in Q2
China’s Lenovo Group, the world’s biggest maker of personal computers, said that a global chip shortage remained a challenge even…
Nigerian Navy Sign Contract To Purchase Offshore Patrol Vessels
The Nigerian Navy yesterday signed a contract with a Turkish company, Messrs Dearsan Shipyard Limited for the purchase of 2…
Acceptance Of £20 And £50 Old Notes To End By December 31st: Deposit Money Banks
Deposit Money Banks in Nigeria have issued a deadline of December 31, 2021 for the acceptance of old £20 and…
JAMB Recorded N3.51 Billion As Part Of 3021 Operating Surplus
The Joint Admissions and Matriculation Board (JAMB) has remitted the sum of N3.51 billion to the national treasury as part…
NCC Engage Stakeholders On 5G Implementation In Nigeria
The Nigerian Communications Commission says it engage stakeholders this week on the Fifth Generation spectrum auction towards the implementation of…
E-Naira Is More Reliable Than Cryptocurrency: CBN
The Central Bank of Nigeria has said that the eNaira is more reliable than cryptocurrencies. The CBN Director of Corporate…
Deportation – Hundreds of Nigerians in Kuwait Beg Govt to Fast Track Passport Process
About 600 Nigerians residing in Kuwait are at the risk of being deported over the failure to get their residential…
China Government: 38 Apps To Rectify Excessive Collection Of Personal Information
China’s government on Wednesday ordered 38 apps from a number of companies including social media giant Tencent Corp to rectify what…
China Disagree With U.S. Revocation Of China Telecom Licence
China “resolutely opposes” Washington’s revocation of China Telecom Corp Inc’s. licence to operate in the United States, the information ministry said…
Alphabet Plans To Reopen Google News Service In Spain
Alphabet said on Wednesday it plans to reopen its Google News service in Spain ‘soon’ after the government passed new legislation…
Facebook Parent Meta Platforms Will Invest In New Zealand To Boost Digital Capabilities
Facebook parent Meta Platforms Inc. said on Thursday it would invest in New Zealand to promote up and coming news…
Tencent Holdings Progresses On Chip Production
Chinese technology giant Tencent Holdings, touted progress in semiconductor chip development and investment on Wednesday, offering a rare public glimpse…
62 Billion Yuan Spent Using China’s New Digital Currency
Some 140 million people had opened “wallets” for China’s new digital yuan as of October and used it for transactions…
NNPC Rule Out Hike In Pump Price Of Products
The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but…
CBN Moves To Fix Domestic Output, FX Constraints For Manufacturing
mes Emejo examines the Central Bank of Nigeria (CBN) “100 for 100 PPP – Policy on Production and Productivity” initiative…
First Bank Launch Digital Centre
First Bank of Nigeria Limited has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre.…
Dollar Firms As Fed Policy Meeting Gets Underway
The dollar firmed slightly on Tuesday as the U.S. Federal Reserve kicked off its two-day policy meeting where it was…
Nigeria States Made N2.33 Trillion From PAYE In Three Years
The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay As You Earn in three years,…
Amid Covid-19 Outbreak Nigerians Banks Closed 234 Branches And 649 ATMs In 2020: IMF
The International Monetary Fund (IMF) says Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid…
ByteDance Founder Resign As It’s Chairman
ByteDance founder Zhang Yiming has stepped down as chairman, as the company continues to reorganize its business. ByteDance owns TikTok,…
