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
Toshiba is done with Laptops! Could This be the Smartest Business Move of the Decade?
Toshiba has handed off its remaining minority stake in its PC business to Sharp thereby ending a 35 year long race in the Laptop Business. The tech company sold about 80% to Sharp for $36 million two years ago and in June, Sharp exercised its right to buy the remaining 20% of the shares. August 4th, Toshiba announced that the deal was done.
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.
Android Users May No Longer Be Left Out of the Apple AirDrop Craze
Google is at it again but only 9 years behind Apple with the launch of a new Android feature called Nearby Share that has the capability to easily share files between Android devices. This feature is one which iPhone users have enjoyed for quite some time through the AirDrop feature, some are saying this is possibly Google’s answer to Apple’s Air Drop.
WhatsApp’s New Feature Could Eliminate Fake News Among its Nigerian Users
WhatsApp is piloting a new feature that lets users quickly search the contents of viral messages to fact check misinformation. Starting this week, a magnifying glass icon will start appearing next to messages that have been forwarded through a chain of five or more people.
Apple, Now Worth $1.8 Trillion- What drives this Incredible Result?
Apple is officially the world’s most valuable publicly listed company as at end of trading day on Friday with a record market capitalization of $1.817 trillion. I guess it is safe to say the volatility of the stock market has only positively impacted the tech giant.
NIPOSTs’ New Charges Could Have Ruined the e-Commerce/Logistics Industry
The Nigerian Postal Service introduced new charges that would cause an increase in the costs of licensing for logistics and courier service providers, this resulted in major outrage all over the internet and rightly so
NetPlus Gives Every Nigerian Business a Kick Start to Digital Reselling with the Launch of Business Corner
NetPlus, a leading fintech in Nigeria focused on providing digital payment solutions to Nigerian SMEs has announced the launch of yet another offering, Business Corner which allows business owners make additional income through online commerce.
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