LASG’s New Regulations on Ride-Hailing Firms Could Betray Investors’ Confidence

The government (LASG) passed new regulations for ride-hailing services operating in the state (Uber, Bolt etc.) which imposes heavy fees on these service providers, this will come in effect from the 20th of August, 2020. Also, the state seems to be driving at removing the autonomy that drivers under these services enjoy, making it compulsory for them to have a quarterly meeting with the Ministry of Transportation for “operational updates and feedback”.

PS4 Controllers On PS5, A Feature We’ve Been Waiting for: But Is It Worth It?

Following Sony’s announcement of the PS5 game console’s hardware and design in June, the multinational conglomerate recently announced some features gamers should expect with the upcoming console. Accordingly, Sony made known that the Play Station 5 will support PS4 Dual Shock controllers and officially licensed third-party controllers. The compatibility here will only be possible on only supported PS4 games. The company has however not released the list of “supported” games.

CBN’s Directive Actively Puts Fintechs in the Centre for the Drive of Financial Inclusion but What Could Go Wrong?

Nigeria’s Apex Bank, the Central Bank of Nigeria (CBN) has ordered that commercial banks share data with fintechs in order to increase access to financial services and provide better services to customers
According to the Nation, Musa Jimoh, the CBN Director revealed this intent during the First Bank Fintech Summit 4.0 which was held in Lagos last Thursday. He said the directive was in line with the bank’s five- year vision and open banking regime policy that would require banks to open their account base to Fintechs in order to bring more people into the financial system

The Growing US-Chinese Tension is Ruining Technological Advancements- Huawei Needs Processing Chips

Huawei, one of the world’s biggest smartphone producers is running out of processor chips to make their smartphones as a result of U.S sanctions. Washington cut off Huawei’s access to U.S components and technology including Google’s music and other smartphone services last year. In May this year, the White house barred vendors worldwide from using U.S technology to produce components for Huawei.