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5G signal

Vietnam’s top carriers avoid Huawei 5G gear, citing security concerns

Concerns over the security of Huawei 5G networking hardware have spread to an unexpected country — Vietnam — where mobile carriers are reportedly excluding the embattled Chinese company’s gear from their launch of 5G services.
China's Yuan

China’s yuan sinks to weakest in 11 years amid trade tension

China’s currency slid on Monday to its weakest point in more than 11 years as concerns over the US trade war and the potential for global recession weighed on markets.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

EU antitrust regulators have Facebook’s Libra currency in sights

Regulators are reportedly concerned that the Libra currency could shut out rivals and create “competition restrictions” related to the use of information and consumer data. The EU is also examining the integration of Libra wallets into Facebook’s WhatsApp and Messenger services, according to Bloomberg.
Zimbabwe's opposition Movement for Democratic Change (MDC) had vowed to launch protests marches on Friday against the worsening economy, despite government threats to stop them.

Zimbabwe opposition calls off mass protests after court ban

Opposition mass protests against deepening economic problems in Zimbabwe were called off on Friday after a court upheld an 11th hour ban imposed by the police.
Facebook might be putting Messenger back into its main social media app.

Facebook admits it listened to users’ audio messages

Facebook has admitted it uses an external company to listen to audio messages sent between users in an attempt to improve its voice recognition systems.
Facebook might be putting Messenger back into its main social media app.

Facebook paid contractors to transcribe users’ audio from Messenger

Facebook has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter.
Bill Gates

Bill Gates loses ‘second richest man’ seat to LVMH’s Bernard Arnault

Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the chairman and CEO of LVMH.
Japan’s Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen ($32 million) of funds were stolen, with 2.5 billion yen of that belonging to customers.

Bitpoint cryptocurrency exchange loses $32 million in hack

Japan’s Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen ($32 million) of funds were stolen, with 2.5 billion yen of that belonging to customers.

General TY Danjuma buys 300-year old London hotel for N1.1 billion

Former Defence Minister, Theophilus Danjuma, has acquired Kings Arms Hotel, a 300-year-old inn next to London’s Hampton Court Palace, once the home of Henry VIII for N1.1 billion.

Bloomberg: General TY Danjuma worth $1.2 billion, owns international hotels

The United States-based financial data media house, Bloomberg, says a former Minister of Defence, Lt.Gen Theophilus Danjuma (retd.), is worth an estimated $1.2bn (N432bn). This is the first time Danjuma’s net worth would be made public.
Acting Finance Minister of Finance Zainab Ahmed

Zainab Ahmed: VAT to climb to 7.5 percent by 2020

In government’s desperate efforts to raise non-oil revenues, the former Minister of Finance, Mrs Zainab Ahmed, has said that the value-added tax (VAT) will increase from the current 5 %to 7.5% by 2020.
The Bloomberg Media Initiative Africa (BMIA) has announced the expansion of its Financial Journalism Training (FJT) programme to Senegal, Côte d’Ivoire, Tanzania, Ghana and Zambia.

Bloomberg expands training to five African countries

The Bloomberg Media Initiative Africa (BMIA) has announced the expansion of its Financial Journalism Training (FJT) programme to Senegal, Côte d’Ivoire, Tanzania, Ghana and Zambia.

Telegram blames China for ‘powerful DDoS attack’ during Hong Kong protests

As well as using encrypted messaging apps, Bloomberg notes that protesters in Hong Kong are also covering their faces to avoid facial recognition systems. They’re also avoiding the use of public transit cards that can link location to identities.
Huawei AppGallery

Huawei has been building a Play Store alternative in plain sight

The momentous news that Google is cutting off its Android relationship with Huawei in response to a US government ban on the Chinese giant wasn’t much of a surprise to Huawei.

Samsung shares rise as Huawei struggles

Shares in Samsung Electronics climbed nearly three per cent Tuesday on the back of its chief rival Huawei’s mounting problems, including a decision by Google to sever ties with the Chinese mobile phone maker.

Microsoft to invest $100 million on Nigeria, Kenya tech hubs

Microsoft Corp. says it is set to spend $100 million to open its first development centres in Africa to work with local partners and governments, with initial sites in Lagos, Nigeria and Nairobi, Kenya.
The Gregory University Uturu, Okigwe, Abia, says the institution has awarded scholarship to two young lads who got the highest scores in the 2019 Unified Tertiary Matriculation Examination (UTME).

Gregory University awards scholarship to two highest scorers in 2019 UTME

The Gregory University Uturu, Okigwe, Abia, says the institution has awarded scholarship to two young lads who got the highest scores in the 2019 Unified Tertiary Matriculation Examination (UTME).
Nintendo has denied reports that it’s planning to announce a new Nintendo Switch console at this year’s E3 in June, reports Bloomberg.

Nintendo denies rumors of a new Switch coming at E3

“As a general rule, we’re always working on new hardware and we will announce it when we are able to sell it,” the company’s CEO Shuntaro Furukawa said during today’s earnings call, “but we have no plans to announce that at this year’s E3 in June.” The big E3 gaming event is scheduled to begin on June 11th.

Recent Stories

Former Edo state Attorney-General and Commissioner for Justice, Barr. Osagie Obayuwana, has urged the National Assembly to repeal the law setting up the Department of State Services (DSS), saying it has outlived its usefulness.

Former Edo attorney-general urges National Assembly to repeal DSS law

Former Edo state Attorney-General and Commissioner for Justice, Barr. Osagie Obayuwana, has urged the National Assembly to repeal the law setting up the Department of State Services (DSS), saying it has outlived its usefulness.
A senator representing Ondo South Senatorial District, Nicholas Tofowomo, on Saturday condemned the re-arrest of Omoyele Sowore by the personnel of the Department of State Services inside the courtroom on Friday where Justice Ojukwu was presiding

Ondo lawmaker decries DSS court room invasion

A senator representing Ondo South Senatorial District, Nicholas Tofowomo, on Saturday condemned the re-arrest of Omoyele Sowore by the personnel of the Department of State Services (DSS) inside the courtroom on Friday where Justice Ijeoma Ojukwu was presiding.
The Nigeria Police Command in Rivers says it intercepted and arrested two fake soldiers allegedly involved in a robbery operation within new Port Harcourt GRA on Wednesday.

Police nab man for allegedly killing neighbour in Niger

The Police in Niger have arrested one Mohammed Isa, 27, of Dogon Ruwa village of Bosso Local Government Area of the state, for allegedly shooting and killing his neighbour, Umaru Abubakar, 30, with a Dane gun.

Federal government files appeal against $9.6 billion P&ID judgement

Nigeria’s Federal Government (FG) on Friday filed a new and substantive challenge in the English Courts in the ongoing fight against the vulture-fund-backed P&ID.
Thobile Mbopkwa from South Africa has emerged the champion of the IAU African Championship held in Remo on Saturday.

South Africans emerge winners of Remo marathon

Thobile Mbopkwa from South Africa has emerged the champion of the IAU African Championship held in Remo on Saturday.