WhatsApp is actively engaged in developing a new dark interface for its web client. This initiative includes introducing a fresh background colour tailored specifically for the dark theme, accompanied by a redesigned sidebar. The objective is to not only enhance the visual aesthetics of the web client but also to…
Author: Smart Megwai
The National Identity Management Commission (NIMC) has introduced new guidelines for Nigerians seeking to change their date of birth on the National Identification Number (NIN) database. According to the recent directive released by the commission, applicants will now be required to submit an electronic civil registration and vital statistics system…
In a notable decrease from the previous year’s all-time high of $3.8 billion, hackers managed to compromise approximately $2 billion in cryptocurrencies during 2023. Among the significant incidents was a data breach in September that led to the theft of $200 million from the Hong Kong-based crypto company Mixin. Another…
The transition from traditional combustion engine vehicles to electric cars is encountering a significant challenge that could have substantial financial implications for the automotive industry. The reluctance of consumers to purchase used electric vehicles (EVs) is contributing to a decline in the overall market for new EVs. In the $1.2…
The Federal Inland Revenue Service (FIRS) has introduced the Integrated Market Revenue Management System (IMRMS), a digital platform designed to integrate the informal sector, particularly market traders, into the federal government’s tax framework. This move aligns with the VAT Direct Initiative (VDI), a joint effort with the Market Traders Association…
Dozy Mmobuosi, the founder of Tingo, has issued a statement in response to the fraud allegations brought against him and his affiliated companies by the United States Securities and Exchange Commission (SEC). Mmobuosi categorically denies the accusations, describing them as untrue and baseless. In his official statement released on Friday,…
In an Alimosho branch of First Bank, Nigeria’s oldest bank, customers face frustration and long queues at Automated Teller Machines (ATMs) as they attempt to withdraw cash in preparation for the upcoming holidays. The scene echoes a reminiscent period earlier in the year when a currency redesign by the Central…
The Federal Competition and Consumer Protection Commission (FCCPC) has successfully curtailed harassment and defamatory messages by digital money lenders, resulting in an 80% reduction, according to Babatunde Irukera, the Executive Vice Chairman of FCCPC. This achievement was highlighted during a strategic media engagement organised by the Commission in Abuja. Irukera…
After two years of operation, Nigerian delivery startup DropX has ceased operations, joining the ranks of startups facing closure in 2023 amid challenging economic conditions. Founded in 2021 by Praise Alli-Johnson and Oluwatope Liasu, DropX aimed to revolutionise local deliveries in Abuja by connecting businesses and individuals with efficient services.…
The Federal Government, represented by the Coordinating Health Minister, Prof. Muhammad Ali Pate, has introduced Nigeria’s inaugural locally manufactured glucose meter facility – Colexa Biosensor Diagnostics manufacturing. Representing a fully Nigerian-owned enterprise, Colexa Biosensor Diagnostics Manufacturing stands as a pioneering health technology company focusing on the domestic production of blood…
The Presidential Council on Industrial Revitalisation has initiated the formation of a Technical Working Group, comprising representatives from key entities such as the Central Bank of Nigeria (CBN), the National Identity Management Commission (NIMC), and the Federal Competition and Consumer Commission (FCCPC). This collaborative effort aims to establish a comprehensive…
INTERPOL has successfully concluded a six-month transcontinental operation, HAECHI IV, targeting online financial crimes across 34 countries. This extensive operation resulted in nearly 3,500 arrests and the seizure of assets totaling $300 million. The focus of Operation HAECHI IV encompassed various cyber-enabled scams, including voice phishing, romance scams, online sextortion,…
The Nigerian Communications Commission (NCC) has instructed major telecommunications operators in Nigeria, such as MTN, Airtel, and Globacom, to implement comprehensive network barring for all phone lines without linked National Identification Numbers (NINs) by February 28, 2024. Additionally, subscribers who have submitted their NINs but remain unverified will also face…
On December 9th, Wetech, a community committed to empowering women in technology, organised its first-ever female founders conference. Established in 2018, Wetech aims to reduce barriers for women in the tech industry, fostering opportunities through networking, mentorship, and community-building initiatives. In Africa, female participation in the tech sector remains below…
In its recent Community Guidelines Enforcement Report, Bytedance’s short video platform, TikTok, disclosed the removal of 1.4 million videos originating from Nigerian users during the third quarter of the current year. The report outlined that Nigeria featured among the top 50 countries contributing to policy-violating content in Q3, with a…
Peter Njonjo, the CEO of agritech firm Twiga Foods, has commenced a six-month leave shortly after the company secured a new funding round. The exact value of the funding remains undisclosed, adding to Twiga’s cumulative capital of $160 million since its establishment in 2014. In an official statement, Twiga Foods…
Tech mogul Elon Musk is set to establish a technology-focused university in Austin, Texas, as revealed in recent tax filings related to his latest charity, The Foundation. Musk, who relocated to Texas during the pandemic, is allocating approximately $100 million for the university’s initial funding. The institution will commence with…
In recent incidents across Nigeria, there have been reports of fraudulent activities involving the opening of OPay and PalmPay accounts using unsuspecting individuals’ identities. The issue came to light when cases emerged of accounts being created under the full legal names of individuals without their knowledge. One instance involved an…
Google has unveiled its ‘2023 Year In Search’ results, showcasing the most sought-after people, deaths, actors, musicians, lyrics, topics, and questions in Nigeria for the year. The annual ‘Year in Search’ analysis highlights top trending lists and sheds light on the subjects capturing global interest. In the Nigerian context, this…
Grok, Elon Musk’s recently launched chatbot, is facing scrutiny as users have noted similarities between its responses and those generated by OpenAI’s ChatGPT. Observations include instances where Grok explicitly cites OpenAI in its replies. Users, such as Jax Winterbourne and Pezzo, have shared these findings, raising concerns about potential code…