Samson Akintaro, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Fri, 14 Jun 2024 12:46:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Samson Akintaro, Author at Nairametrics 32 32 201037849 Nigerian convicted for $1.5 million Business Email Compromise scheme in U.S. https://nairametrics.com/2024/06/14/nigerian-convicted-for-1-5-million-business-email-compromise-scheme-in-u-s/ https://nairametrics.com/2024/06/14/nigerian-convicted-for-1-5-million-business-email-compromise-scheme-in-u-s/#respond Fri, 14 Jun 2024 12:46:50 +0000 https://nairametrics.com/?p=491273 Umeti, 35, and his co-conspirators sent victims businesses phishing emails, which were made to appear as though they originated from trusted senders, such as a bank or a vendor.

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]]> https://nairametrics.com/2024/06/14/nigerian-convicted-for-1-5-million-business-email-compromise-scheme-in-u-s/feed/ 0 491273 Meta trims Lagos office space after layoffs https://nairametrics.com/2024/06/14/meta-trims-lagos-office-space-after-layoffs/ https://nairametrics.com/2024/06/14/meta-trims-lagos-office-space-after-layoffs/#respond Fri, 14 Jun 2024 10:30:35 +0000 https://nairametrics.com/?p=491254 Meta, the company behind Facebook, Instagram, and WhatsApp, is trimming down its office space in Lagos.

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]]> https://nairametrics.com/2024/06/14/meta-trims-lagos-office-space-after-layoffs/feed/ 0 491254 Amazon to invest $230 million in generative AI startups globally  https://nairametrics.com/2024/06/14/amazon-to-invest-230-million-in-generative-ai-startups-globally/ https://nairametrics.com/2024/06/14/amazon-to-invest-230-million-in-generative-ai-startups-globally/#respond Fri, 14 Jun 2024 05:56:12 +0000 https://nairametrics.com/?p=491228 Tech giant, Amazon Web Service (AWS) has announced a $230 million fund for startups globally to accelerate the creation of generative AI applications. 

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]]> https://nairametrics.com/2024/06/14/amazon-to-invest-230-million-in-generative-ai-startups-globally/feed/ 0 491228 Credit scheme: FG to integrate credit score into NIN, targets 80 million Nigerians https://nairametrics.com/2024/06/13/credit-scheme-fg-to-integrate-credit-score-into-nin-targets-80-million-nigerians/ https://nairametrics.com/2024/06/13/credit-scheme-fg-to-integrate-credit-score-into-nin-targets-80-million-nigerians/#respond Thu, 13 Jun 2024 15:20:31 +0000 https://nairametrics.com/?p=491191 CREDICORP says every Nigerian who is economically active would have their credit score written on their NIN.

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]]> https://nairametrics.com/2024/06/13/credit-scheme-fg-to-integrate-credit-score-into-nin-targets-80-million-nigerians/feed/ 0 491191 Why African startups need to launch in multiple countries – Tizeti CEO https://nairametrics.com/2024/06/13/why-african-startups-need-to-launch-in-multiple-countries-tizeti-ceo/ https://nairametrics.com/2024/06/13/why-african-startups-need-to-launch-in-multiple-countries-tizeti-ceo/#respond Thu, 13 Jun 2024 07:16:52 +0000 https://nairametrics.com/?p=491161 According to him, skyrocketing exchange rate has been a major issue for African startups, especially, when they have to provide their investor updates in USD.

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]]> https://nairametrics.com/2024/06/13/why-african-startups-need-to-launch-in-multiple-countries-tizeti-ceo/feed/ 0 491161 Multichoice blames economy as DStv subscribers in Nigeria decline by 18%  https://nairametrics.com/2024/06/13/multichoice-blames-economy-as-dstv-subscribers-in-nigeria-decline-by-18/ https://nairametrics.com/2024/06/13/multichoice-blames-economy-as-dstv-subscribers-in-nigeria-decline-by-18/#comments Thu, 13 Jun 2024 06:20:04 +0000 https://nairametrics.com/?p=491155 African Pay-TV operator, Multichoice Group, has blamed Nigeria's harsh economic condition as active DStv subscribers in the country declined by 18%. 

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]]> https://nairametrics.com/2024/06/13/multichoice-blames-economy-as-dstv-subscribers-in-nigeria-decline-by-18/feed/ 1 491155 Apple overtakes Microsoft as world’s most valuable company at $3.29 trillion valuation  https://nairametrics.com/2024/06/12/apple-overtakes-microsoft-as-worlds-most-valuable-company-at-3-29-trillion-valuation/ https://nairametrics.com/2024/06/12/apple-overtakes-microsoft-as-worlds-most-valuable-company-at-3-29-trillion-valuation/#respond Wed, 12 Jun 2024 17:23:25 +0000 https://nairametrics.com/?p=491146 iPhone maker, Apple, became the world's most valuable company overtaking Microsoft as its market valuation hit $3.29 on Wednesday. 

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]]> https://nairametrics.com/2024/06/12/apple-overtakes-microsoft-as-worlds-most-valuable-company-at-3-29-trillion-valuation/feed/ 0 491146 Nigeria data protection ecosystem now worth over N10 billion – NDPC https://nairametrics.com/2024/06/12/nigeria-data-protection-ecosystem-now-worth-over-n10-billion-ndpc/ https://nairametrics.com/2024/06/12/nigeria-data-protection-ecosystem-now-worth-over-n10-billion-ndpc/#respond Wed, 12 Jun 2024 13:11:09 +0000 https://nairametrics.com/?p=491136 The NDPC said the industry was able to attain this level of economic value due to the signing of the Data Protection Act into law on June 12, 2023.

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]]> https://nairametrics.com/2024/06/12/nigeria-data-protection-ecosystem-now-worth-over-n10-billion-ndpc/feed/ 0 491136 Unregistered loan apps in Nigeria shift to APK as FCCPC delists 47 from Play Store  https://nairametrics.com/2024/06/12/unregistered-loan-apps-in-nigeria-shift-to-apk-as-fccpc-delists-47-from-play-store/ https://nairametrics.com/2024/06/12/unregistered-loan-apps-in-nigeria-shift-to-apk-as-fccpc-delists-47-from-play-store/#comments Wed, 12 Jun 2024 06:34:40 +0000 https://nairametrics.com/?p=491117 Several unregistered loan apps have continued operating in the country through Android Package Kit (APK) amid the ongoing clampdown by the Federal Competition and Consumer Protection Commission (FCCPC). 

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]]> https://nairametrics.com/2024/06/12/unregistered-loan-apps-in-nigeria-shift-to-apk-as-fccpc-delists-47-from-play-store/feed/ 2 491117 High interest rates, surging non-performing loans threaten loan app business in Nigeria  https://nairametrics.com/2024/06/11/high-interest-rates-surging-non-performing-loans-threaten-loan-app-business-in-nigeria/ https://nairametrics.com/2024/06/11/high-interest-rates-surging-non-performing-loans-threaten-loan-app-business-in-nigeria/#respond Tue, 11 Jun 2024 05:39:18 +0000 https://nairametrics.com/?p=491025 The digital lending space in Nigeria is currently in dire strait as both the lenders and the borrowers are lamenting increasing non-performing loans and the high cost of borrowing. 

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]]> https://nairametrics.com/2024/06/11/high-interest-rates-surging-non-performing-loans-threaten-loan-app-business-in-nigeria/feed/ 0 491025 Apple announces integration of ChatGPT into iPhones at Developers Conference 2024  https://nairametrics.com/2024/06/11/apple-announces-integration-of-chatgpt-into-iphones-at-developers-conference-2024/ https://nairametrics.com/2024/06/11/apple-announces-integration-of-chatgpt-into-iphones-at-developers-conference-2024/#respond Tue, 11 Jun 2024 05:31:04 +0000 https://nairametrics.com/?p=491024 Device maker, Apple, has unveiled its AI strategy with the announcement of the much-expected integration of OpenAI’s ChatGPT into iPhones. 

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]]> https://nairametrics.com/2024/06/11/apple-announces-integration-of-chatgpt-into-iphones-at-developers-conference-2024/feed/ 0 491024 NBTE introduces mandatory skills qualification for Nigerian polytechnic students https://nairametrics.com/2024/06/10/nbte-introduces-mandatory-skills-qualification-for-nigerian-polytechnic-students/ https://nairametrics.com/2024/06/10/nbte-introduces-mandatory-skills-qualification-for-nigerian-polytechnic-students/#respond Mon, 10 Jun 2024 13:53:17 +0000 https://nairametrics.com/?p=491000 According to NBTE, MSQ is now a requirement for all diploma programs and must be attained before graduation.

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]]> https://nairametrics.com/2024/06/10/nbte-introduces-mandatory-skills-qualification-for-nigerian-polytechnic-students/feed/ 0 491000 African startups raise $187 million in May 2024 – Report https://nairametrics.com/2024/06/10/african-startups-raise-187-million-in-may-2024-report/ https://nairametrics.com/2024/06/10/african-startups-raise-187-million-in-may-2024-report/#respond Mon, 10 Jun 2024 11:10:59 +0000 https://nairametrics.com/?p=490976 The report shows that 64 ventures received at least $100,000 in funding, a very high number compared to previous months, while 17 startups raised at least $1 million.

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]]> https://nairametrics.com/2024/06/10/african-startups-raise-187-million-in-may-2024-report/feed/ 0 490976 Chinese brands dominate as NCC approves 2,257 phones for Nigerian market https://nairametrics.com/2024/06/09/chinese-brands-dominate-as-ncc-approves-2257-phones-for-nigerian-market/ https://nairametrics.com/2024/06/09/chinese-brands-dominate-as-ncc-approves-2257-phones-for-nigerian-market/#respond Sun, 09 Jun 2024 09:20:06 +0000 https://nairametrics.com/?p=490918 The devices, which are of different brands and models are those that have been tested by the telecoms regulator and found to meet the applicable type approval standards required to allow them to be sold to consumers in Nigeria.

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]]> https://nairametrics.com/2024/06/09/chinese-brands-dominate-as-ncc-approves-2257-phones-for-nigerian-market/feed/ 0 490918 NIN: NIMC says Front End Partners, agents across Nigeria to undergo security checks https://nairametrics.com/2024/06/08/nin-nimc-says-front-end-partners-agents-across-nigeria-to-undergo-security-checks/ https://nairametrics.com/2024/06/08/nin-nimc-says-front-end-partners-agents-across-nigeria-to-undergo-security-checks/#respond Sat, 08 Jun 2024 18:01:00 +0000 https://nairametrics.com/?p=490893 NIMC said the vetting is part of measures to ensure the security of the National Identification Number (NIN) database.

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]]> https://nairametrics.com/2024/06/08/nin-nimc-says-front-end-partners-agents-across-nigeria-to-undergo-security-checks/feed/ 0 490893 AfDB partners Intel to train 3 million Africans in AI https://nairametrics.com/2024/06/08/afdb-partners-intel-to-train-3-million-africans-in-ai/ https://nairametrics.com/2024/06/08/afdb-partners-intel-to-train-3-million-africans-in-ai/#respond Sat, 08 Jun 2024 15:13:42 +0000 https://nairametrics.com/?p=490887 The African Development Bank and technology giant Intel have formalized their cooperation to equip 3 million Africans and 30,000 government officials with AI skills.

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]]> https://nairametrics.com/2024/06/08/afdb-partners-intel-to-train-3-million-africans-in-ai/feed/ 0 490887 Digital skills: NITDA forges partnership with NYSC to train 30 million Nigerians   https://nairametrics.com/2024/06/07/digital-skills-nitda-forges-partnership-with-nysc-to-train-30-million-nigerians/ https://nairametrics.com/2024/06/07/digital-skills-nitda-forges-partnership-with-nysc-to-train-30-million-nigerians/#respond Fri, 07 Jun 2024 15:28:52 +0000 https://nairametrics.com/?p=490844 The National Information Technology Development Agency (NITDA) said it has partnered strategically with the National Youth Service Corp (NYSC) to train 30 million Nigerians on digital skills. 

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]]> https://nairametrics.com/2024/06/07/digital-skills-nitda-forges-partnership-with-nysc-to-train-30-million-nigerians/feed/ 0 490844 Multichoice incurs $190.5 million forex loss from Nigerian operation in 2024  https://nairametrics.com/2024/06/07/multichoice-incurs-190-5-million-forex-loss-from-nigerian-operation-in-2024/ https://nairametrics.com/2024/06/07/multichoice-incurs-190-5-million-forex-loss-from-nigerian-operation-in-2024/#respond Fri, 07 Jun 2024 13:59:30 +0000 https://nairametrics.com/?p=490836 Pan-African Pay-tv operator, Multichoice, has notified its shareholders of grim full-year results citing tough macroeconomic conditions and a $190.5 million (R3.6 billion) foreign exchange loss from Multichoice Nigeria.  

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]]> https://nairametrics.com/2024/06/07/multichoice-incurs-190-5-million-forex-loss-from-nigerian-operation-in-2024/feed/ 0 490836 Startup Act: NITDA inaugurates labelling committee as over 12,948 startups register  https://nairametrics.com/2024/06/07/startup-act-nitda-inaugurates-labelling-committee-as-over-12948-startups-register/ https://nairametrics.com/2024/06/07/startup-act-nitda-inaugurates-labelling-committee-as-over-12948-startups-register/#respond Fri, 07 Jun 2024 09:50:31 +0000 https://nairametrics.com/?p=490809 The National Information Technology Development Agency (NITDA) has inaugurated a Startup Labelling Committee as part of moves to implement the Nigeria Startup Act (NSA)  

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]]> https://nairametrics.com/2024/06/07/startup-act-nitda-inaugurates-labelling-committee-as-over-12948-startups-register/feed/ 0 490809 EFCC arraigns TStv MD, Bright Echefu, for allegedly defrauding ex-Minister N380 million  https://nairametrics.com/2024/06/06/efcc-arraigns-tstv-md-bright-echefu-for-allegedly-defrauding-ex-minister-n380-million/ https://nairametrics.com/2024/06/06/efcc-arraigns-tstv-md-bright-echefu-for-allegedly-defrauding-ex-minister-n380-million/#respond Thu, 06 Jun 2024 16:03:48 +0000 https://nairametrics.com/?p=490769 The Economic and Financial Crimes Commission (EFCC), on Thursday, arraigned Bright Echefu, Managing Director and Chief Executive Officer (MD/CEO) of Telecom Satellites Limited (TStv) and three others on a nine-count money laundering charges. 

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]]> https://nairametrics.com/2024/06/06/efcc-arraigns-tstv-md-bright-echefu-for-allegedly-defrauding-ex-minister-n380-million/feed/ 0 490769