Technology

Gates Foundation Reduces Microsoft Stake to 11%

By Paul Chimodo The Bill & Melinda Gates Foundation has reduced its investment in Microsoft to 11% of its total portfolio. This is a major cut from previous years when Microsoft made up more than a quarter of the foundation’s holdings. The foundation’s investment arm, the Gates Foundation Trust, gradually sold off shares over the

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Technology

Rivers App-Based Drivers Protest Over High Commissions and Rising Costs

By Paul Chimodo App-based transport drivers in Rivers State have raised alarm over worsening working conditions and what they describe as unfair treatment by ride-hailing companies. Members of the Amalgamated Union of App-Based Transporters say operators have failed to adjust fares despite the steady increase in petrol prices, while continuing to deduct between 28 and

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Technology

Google Rolls Out Search Live Globally

By Paul Chimodo Google has begun rolling out Search Live, its AI-powered conversational search tool, to users around the world. The feature allows people to speak to Search, receive real-time answers, and even point their smartphone cameras at objects for instant information. Powered by the Gemini 3.1 Flash Live AI model, Search Live supports multiple

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Technology General

NCC Directs Telcos to Compensate Subscribers Over Poor Network Service

By Paul Chimodo The Nigerian Communications Commission (NCC) has ordered major telecommunications operators to compensate subscribers who experience poor network quality, marking a significant shift in regulatory policy aimed at protecting telecom consumers nationwide. In a statement released over the weekend, the NCC said the directive requires mobile network operators (MNOs) to provide airtime credits

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Technology General

74% of Gen Z Nigerians Rely on Single Income — Report

By Paul Chimodo A new report by financial platform PiggyVest has revealed that 74 percent of Gen Z Nigerians depend on a single source of income, highlighting growing financial vulnerability among young people in the country. The findings indicate that many Gen Z respondents lack diversified income streams, making them more exposed to economic shocks

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Technology Features General

Prompt Engineering: Real Job or AI Mirage?

By Paul Chimodo Remember the tech headlines of 2023? Amid the rise of large language models like GPT-4 and Claude, the world was told that “prompt engineering” could be one of the hottest jobs of the decade. A career where crafting the right AI instructions might earn you six-figure salaries without needing deep programming skills.

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Technology General

Data Privacy Concerns Threaten Financial Inclusion

By Paul Chimodo Experts have raised concerns that persistent data privacy and security challenges could hinder Nigeria’s progress toward broader financial inclusion, despite increasing access to digital services and mobile connectivity. They emphasized the need for stronger regulatory frameworks, improved cybersecurity systems, and public awareness to build trust in digital financial platforms and protect users

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Technology General

Nigerian Fintechs Increasingly Turn to Artificial Intelligence to Boost Operations

By Paul Chimodo Nigerian financial technology companies are increasingly adopting artificial intelligence to tackle operational challenges, improve security, and enhance customer engagement. The move reflects a shift from experimentation to practical applications that strengthen business processes and service delivery. Fraud detection remains the most common use of AI, with many fintechs deploying tools to identify

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Technology General

Nigeria Begins Historic Review of Telecoms Policy to Improve Connectivity, Competition

By Paul Chimodo The Federal Government of Nigeria has commenced the first comprehensive review of the National Telecommunications Policy in more than two decades, a major step towards modernising the country’s telecom sector and expanding digital access nationwide. The review, led by the Nigerian Communications Commission (NCC) in collaboration with the Ministry of Communications, Innovation

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Technology Economy Foreign General

Moniepoint’s 2025 Figures Reveal How Nigeria’s Fintech Sector Is Evolving

By Paul Chimodo Moniepoint’s 2025 performance figures, published as part of its year-in-review data and industry disclosures, provide more than a snapshot of company growth. The report, which details transaction volumes, lending activity, merchant usage and expansion plans, offers valuable insight into how Nigeria’s fintech sector is maturing and reshaping everyday economic activity. It was

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