Business

OpenAI Launches GPT-4 to Scale-up Deep Learning

OpenAI Launches GPT-4 to Scale-up Deep Learning

OpenAI has released a powerful new image- and text-understanding AI model, GPT-4, that the company calls “the latest milestone in…
IWD 2023: KloverHarris Harps on Innovative Technology in Promoting Gender Equality

IWD 2023: KloverHarris Harps on Innovative Technology in Promoting Gender Equality

In celebration of International Women’s Day 2023, KloverHarris Limited, an indigenous human capital consultancy company, specialising in Learning and Development,…
ChatGPT: The Good, The Bad, The Ethical And Legal Implications

ChatGPT: The Good, The Bad, The Ethical And Legal Implications

The emergence of ChatGPT has received top-level critical reviews by AI experts, academics, researchers and most importantly, the public. The…
Banks won’t Shut Down over 2023 Elections, Association Says

Banks won’t Shut Down over 2023 Elections, Association Says

The Association of Corporate Affairs Managers of Banks, the umbrella body of Corporate and Marketing Communications Professionals working in Nigeria’s…
47,144 Flights Delayed by Domestic Airlines in 2022 – Report

47,144 Flights Delayed by Domestic Airlines in 2022 – Report

Overland Airways, Azman Air, Arik Air and United Airlines have been cited among most domestic airlines that recorded the highest…
Facebook, Instagram Users to Pay $12 monthly Verification Fee

Facebook, Instagram Users to Pay $12 monthly Verification Fee

Facebook and Instagram owner Meta will launch a paid subscription service starting at $11.99 a month allowing users to verify…
Louis Vuitton Appoints Pharrell Williams as Men’s Creative Director

Louis Vuitton Appoints Pharrell Williams as Men’s Creative Director

LVMH’s (LVMH.PA) top label Louis Vuitton said on Tuesday it has hired Pharrell Williams to head artistic direction of its…
Access Bank, Zenith, UBA, 6 Others Downgraded by Agency

Access Bank, Zenith, UBA, 6 Others Downgraded by Agency

An international rating agency, Moody’s Investors Service, has downgraded nine Nigerian banks following its downward review of Nigeria’s rating last…
FMCG Giant, Rite Foods Leads in Innovation with Pan-African Brands

FMCG Giant, Rite Foods Leads in Innovation with Pan-African Brands

With a diverse range of unique products and a commitment to Africa, Rite Foods Limited, a Truly World-Class company in…
Naira Swap: Reps Oppose CBN Extension as Scarcity Bites

Naira Swap: Reps Oppose CBN Extension as Scarcity Bites

The House of Representatives has rejected the February 10 deadline for the phasing out of old currency notes announced by…
Schools, Churches Bar Old Naira Note Payments, Offerings

Schools, Churches Bar Old Naira Note Payments, Offerings

Ahead of the January 31 deadline set by the Central Bank of Nigeria for the phasing out of the old…
BREAKING: CBN Raises Interest Rate to 17.5%

BREAKING: CBN Raises Interest Rate to 17.5%

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 100…
Microsoft to Invest $10 Billion in OpenAI, ChatGPT

Microsoft to Invest $10 Billion in OpenAI, ChatGPT

Microsoft has announced a multi-year, multibillion-dollar investment in artificial intelligence (AI) as it extends its partnership with OpenAI. OpenAI is…
Twitter Revenue Drops by 40% as Over 500 Advertisers Halt Spending

Twitter Revenue Drops by 40% as Over 500 Advertisers Halt Spending

More than 500 of Twitter’s advertisers have paused spending on the micro-blogging site since Elon Musk’s takeover last year, The…
Rite Foods Ltd Now “Proudly African”, Expands Beyond Nigeria

Rite Foods Ltd Now “Proudly African”, Expands Beyond Nigeria

The new slogan, Proudly-African, adopted by Rite Foods, Nigeria’s market leader in the food and beverage industry is the company’s…
Rising Food Prices, Weak Currency Affecting Nigerians, UN Reports

Rising Food Prices, Weak Currency Affecting Nigerians, UN Reports

A combination of high food prices and a strong dollar is negatively affecting people in Nigeria and other developing countries,…
Cost of Christmas Meals in Nigeria Rises by 28% – Report

Cost of Christmas Meals in Nigeria Rises by 28% – Report

According to a report by BusinessDay, the cost of Christmas meals in Nigeria has risen by 28%. Maryam Abati’s family…
Fapohunda Earns Special Recognition of Excellence from Standards Organisation of Nigeria

Fapohunda Earns Special Recognition of Excellence from Standards Organisation of Nigeria

The Managing Director of Mouka, Mr Femi Fapohunda, has been honoured with the Director General/Chief Executive of Standards Organisation of…
Rite Foods Excite Consumers with ‘Unleash The Bull 2.0’ Campaign in Lagos

Rite Foods Excite Consumers with ‘Unleash The Bull 2.0’ Campaign in Lagos

Rite Foods Limited, Nigeria’s No. 1 consumer-centric company and makers of leading refreshing soft drinks, fruit drinks, energy drink and…
BREAKING: CBN Limits Cash Withdrawals to N100k Weekly

BREAKING: CBN Limits Cash Withdrawals to N100k Weekly

The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which take effect from January…
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