Sam Altman and Greg Brockman, the founders of OpenAI, have issued a detailed response to Elon Musk’s lawsuit, shedding light on the company’s evolution and Musk’s alleged pursuit of full control. In a published statement on the OpenAI blog, Altman and Brockman offered insights into the contentious history and dynamics…
Author: Smart Megwai
MTN Foundation, the Corporate Social Responsibility arm of MTN Nigeria, has officially opened applications for the second phase of its impactful ‘Yellopreneur’ initiative. This initiative aims to provide N450 million in loans to support female entrepreneurs across Nigeria. The Executive Director of MTN Foundation, Mrs Odunayo Sanya, made the announcement…
Nigerian health tech startup, MDaaS Global, has successfully raised $3 million in pre-Series A funding, marking a significant milestone in its mission to enhance healthcare services across Nigeria. The round, co-led by Aruwa Capital Management and follow-on investor Newtown Partners, with additional support from Ventures Platform, brings MDaaS Global’s total…
Whogohost, a prominent African digital infrastructure provider, has embarked on a transformative journey by rebranding itself as GO54, signaling a new era of growth and empowerment for businesses across the continent. CEO of GO54, Toluwani Adejuyigbe, expressed the company’s dedication to serving businesses in the digital age, stating, “Today marks…
The Companies and Intellectual Property Commission (CIPC) of South Africa, tasked with business registrations and intellectual property oversight, revealed a cyberattack on February 29th, exposing personal information of both clients and employees. The breach prompted immediate action, shutting down specific CIPC systems to contain potential damage. While the extent of…
Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, revealed that the Nigerian government is exploring the option of providing unemployment benefits to individuals participating in the ongoing 3 Million Technical Training (3MTT) program. This announcement was made as the minister unveiled the selection of 270,000 fellows for…
Telecommunications giant MTN Nigeria has reported the disconnection of 4.2 million lines from its network as of the February 28 deadline for linking National Identification Numbers (NIN) with mobile SIMs. The move follows the Nigerian Communications Commission’s (NCC) December 2023 directive instructing telecom operators to disconnect unlinked SIMs for NIN…
Spaces, the live audio feature from X, has introduced a new capability, allowing hosts to activate video during chat sessions. The announcement was made by the platform, formerly known as Twitter, on Wednesday, with owner/CTO Elon Musk sharing a walkthrough by a user named “Dogedesigner.” In this latest update, Spaces…
During Apple’s annual shareholder meeting on Wednesday, CEO Tim Cook announced that the tech giant plans to provide additional details about its generative artificial intelligence (AI) plans later this year. This comes after the company recently decided to discontinue its longstanding initiative to create an autonomous electric car. Instead, Apple…
In a strategic move aimed at enhancing connectivity and customer experiences, MTN Group has enlisted the expertise of Ericsson to modernise and upgrade its core network infrastructure. The transformative initiative spans a five-year period and aligns with MTN’s Unified Cloud Acceleration (MUNA) principles and objectives. The collaboration specifically targets MTN’s…
In a landmark multi-market agreement, Mastercard and MTN Group Fintech have joined forces to introduce a prepaid virtual card within MTN’s Mobile Money (MoMo) ecosystem. The deal is set to significantly broaden the scope of Mobile Money services across 13 African markets, fostering financial inclusion and providing innovative payment solutions.…
MTN Nigeria, the country’s largest telecommunications provider, has acknowledged widespread network disruptions affecting its customers’ ability to make calls and use data services. The outage, lasting approximately six hours, was attributed to multiple fiber cuts, according to the company’s statement. Fiber cuts, a persistent challenge in Nigeria’s telecom industry, have…
In response to escalating regulatory scrutiny in Nigeria’s cryptocurrency landscape, Binance, a leading global cryptocurrency exchange with over 170 million users worldwide, has disabled its peer-to-peer (P2P) feature for Nigerian users. The move comes as a proactive measure amid a tumultuous regulatory week marked by significant changes, including the blocking…
In celebration of International Women’s Day (IWD) 2024, the Minister of Communications and Digital Economy, Dr. Bosun Tijani, has unveiled a collaboration between the 3 Million Technical Talent (3MTT) program and HerTechHub. This partnership aims to distribute 370 laptops and 774 tablets to female participants of the 3MTT program. HerTechHub,…
The Federal Ministry of Innovation, Science, and Technology has formalised a collaboration with Domineum/Edenbase UK through the signing of a Memorandum of Understanding (MoU) for the development of Abuja Tech City. The MoU, signed by the Minister of Innovation, Science, and Technology, Uche Nnaji, sets the stage for a strategic…
The digital lending landscape in Nigeria is witnessing remarkable growth, marked by a surge in approved loan app companies. The Federal Competition and Consumer Protection Commission (FCCPC) and the Central Bank of Nigeria (CBN) have given the green light to a total of 263 companies, showcasing a significant rise from…
The Nigerian Communications Commission (NCC) has reemphasised its directive to telecom operators, instructing them to deactivate phone lines of subscribers not linked to their National Identification Numbers (NIN) by February 28, 2024. Dr. Aminu Maida, the Executive Vice Chairman of the NCC, conveyed this message during the NCC’s Special Day…
The Gulf Information Technology Exhibition (GITEX) is extending an invitation to approximately 100 Nigerian startups to participate in the second edition of GITEX Africa, scheduled to be held in Marrakech, Morocco, in May 2024. Last year, only seven Nigerian tech startups were among the 450 global startups that took part…
Cupertino-based tech giant, Apple Inc., is discontinuing its decade-long effort to build an autonomous electric car, known as the Special Projects Group, according to Bloomberg via Reuters. The company will wind down the team dedicated to electric cars and redirect resources toward artificial intelligence (AI), signaling a strategic shift in…
Schneider Electric Kenya, a global leader in energy management and automation, has officially named Ifeanyi Odoh as its new Country President, effective February 2024. The announcement comes as part of a strategic move to leverage Odoh’s expertise in driving sustainable growth and innovation in the business. Ifeanyi Odoh brings a…