Technology – Top News Magazines.

Children under 14 banned from having social media accounts in Florida

Mar 26, 2024 topnews

Ron DeSantis, Florida State Governor, signed a bill on Monday that will prohibit children younger than 14 from joining social media in the state. According to the report, those who are 14 or 15 will need a parent’s consent before they join a platform. The bill, HB3, also directs social media companies to delete the existing accounts of those who are under 14. Companies that fail to do so could be sued on behalf of the child who creates an account on the platform. The minor could be awarded up…

Three Teams Emerge Winners in HabariPay’s Take-on-Squad Hackathon 1.0 for University Undergraduates

Feb 23, 2024 topnews

After days of intense collaboration, innovation, and problem-solving, three teams – Team Within, Team X, and Team Storepoint – emerged winners in the inaugural Take-on-Squad Hackathon 1.0 coding event held at the state-of-the-art GTCO Training Complex, Tayo’s Plaza, Abeokuta, Ogun State, from January 18th to 20th, 2024. Team Storepoint, represented by Haruna Faruk and Ladipo Samuel from the University of Lagos, secured third position and a prize of N1 million. Their winning solution, Storepoint, facilitates quick access to an online marketplace for local shops and small businesses within 5 minutes,…

Union Bank Pledges Seamless Service as New Management Resumes

Jan 17, 2024 topnews

Union Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and seamless operations following the recent appointment of its new Managing Director/Chief Executive Officer, Yetunde Oni, by the Central Bank of Nigeria (CBN). The bank assured its customers that as a long-standing financial institution in the Nigerian banking industry, it will continue to provide top-quality services and products while operating under the best tenets of corporate governance as enshrined within the guidelines of the CBN. Under its new leadership, the bank pledged to sustain…

Tech CEO, Mark Zuckerberg trains with MMA Professionals

Jul 12, 2023 topnews

On Tuesday, Mark Zuckerberg, the CEO of Meta (formerly Facebook), was seen training with UFC champions Israel Adesanya and Alexander Volkanovski. This has fueled speculation about the possibility of an MMA fight between Zuckerberg and Elon Musk, the CEO of Twitter. The idea of an MMA showdown between these tech moguls originated as an online banter a few weeks ago. Tensions escalated between them after Zuckerberg launched his Twitter-like app called Threads on July 5, 2023. Threads quickly gained popularity, amassing over 100 million users worldwide. Musk, however, accused Meta…

FIRSTBANK INTRODUCES THE FIRST HUMANOID ROBOT, REINFORCES ITS COMMITMENT TO PROVIDING INNOVATIVE FINANCIAL SOLUTIONS FOR CUSTOMERS

Jun 30, 2023 topnews

o FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch o The robot is among the phased configuration of the bank’s state-of-the-art digitally led self-service branch o The Humanoid Robot is equipped with Video Banking and Artificial Intelligence (AI), taking on the role of a friendly branch staff. In furtherance to its leading role in providing innovative financial solutions in Nigeria, First Bank of Nigeria Limited, Nigeria’s premier financial institution and leading financial inclusion services provider, has announced the launch…

Dangote’s $18.5b refinery commissioned, to release first products in August

May 23, 2023 topnews

The long-awaited Dangote Refinery was commissioned yesterday, Monday, May 23, 2023 by President Muhammadu Buhari amidst fanfare. With an investment of $18.5 billion, the refinery is expected to revolutionise Nigeria’s economy and alter the course of history. The refinery, which is located in Lekki, Lagos state, can process 650,000 barrels of crude oil per day and produce a range of refined petroleum products, including gasoline, diesel, aviation fuel, and liquefied petroleum gas. This will significantly reduce Nigeria’s dependence on imported fuel products and save the country billions of dollars in…

FG stops online banks from accessing customers’ photos, contacts

Apr 10, 2023 topnews

From May 31, 2023, loan apps on Play Store will lose their ability to access their users’ contacts or photos. This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to curtail the invasion of customers’ privacy by loan app firms. The Federal Government had in recent time taken major decisions aimed at tackling the violation of customers’ privacy by loan apps. Notably, the Federal Competition and Consumer Protection Commission,FCCPC had recently registered 170 loan…

HabariPay Partners Google Hustle Academy to Deliver Digital Payment Training for MSMEs

Nov 1, 2022 topnews

In line with its mission to empower Africans with the payment solutions they need to thrive in a digital community, HabariPay has partnered with Google Hustle Academy to train targeted MSMEs on digital payment solutions. The Hustle Academy seeks to provide MSMEs across Kenya, Nigeria, Ghana, and South Africa with expert training on business strategy and development, digital marketing, and financial planning. The participants will also have access to key industry leaders and masterclasses on business to help create opportunities and boost business growth and job creation across the region.…

FG orders telcos to reverse 10% tariff hike

Oct 20, 2022 topnews

Federal Government has ordered telecommunication companies to reverse their recent 10 per cent hike in calls and data prices. This decision means that telcos like MTN Nigeria and Airtel, who had initially increased the prices of their data bundles by about 10 per cent, will now need to revert to their old prices. This was revealed by the Nigerian Communications Commission on Wednesday. The commission said the initial consideration for 10 per cent approval for tariff adjustments for different voice and data packages was in line with the mandates of…

FIRSTBANK: Leveraging digital banking solutions for excellent performance

Jul 18, 2022 topnews

In First Bank of Nigeria Limited, virtually all the indices are looking bright. From a stellar performance in its last year and first quarter of 2022 operations to the unleashing of its robust digital banking solutions in its operations, analysts say its current management deserves accolades for preparing the bank for the challenges and changing needs in the emerging dispensation in the Nigerian banking industry. As competition mounts in the ever-changing Nigerian banking landscape, analysts said the future of the industry will be determined by the speed and readiness of…