Google on Wednesday announced a slew of features powered by Artificial Intelligence, but a mistake in an ad caused its share price to tank. Shares of Alphabet, Google parent’s company nose-dived by nearly eight per cent after new artificial intelligence chatbot Bard gave inaccurate information as reported by Reuters following a Twitter advertisement for the service, which generates answers for user queries and is debuting to a limited group of testers before a wider release, causing the company to instantly lose $100 billion in market value. The search engine giant is rushing into the space after the bot ChatGPT caught…
Author: meridianspy
Ahead of the May 29 handover to the next administration, President Muhammadu Buhari has approved the establishment of a presidential transition council to facilitate and manage the 2023 transition programme. The development was announced on Thursday in a statement by Willie Bassey, director of information in the office of the secretary to the government of the federation (SGF). Others are Permanent Secretaries from the Ministries of Defence, Interior, Finance, Budget and National Planning, Foreign Affairs, Information and Culture, Federal Capital Territory Administration (FCTA), and Special Duties and Inter-Governmental Affairs. Also Read: Naira-Fuel Scarcity: Buhari Convenes Emergency Council Meeting Others…
The Nigerian Communications Commission (NCC), through its Computer Security Incident Response Team (CSIRT),has advised Nigerians who use Samsung phones to update the Galaxy Store application on their phones immediately to avoid cyberattacks. The advisory was issued in response to the discovery of multiple vulnerabilities in the Samsung Galaxy App Store application, which can result in unwanted app installations and code execution. The NCC-CSIRT disclosed that Ken Gannon, a cybersecurity researcher from NCC Group, discovered the vulnerabilities in the Galaxy App Store application on Samsung devices that are running Android 12 and older. Cybercriminals on the prowl: While warning that cybercriminals…
Femi Falana, SAN, a leading human rights advocate, has explained why the Central Bank of Nigeria, CBN, must abide by the Supreme Court’s ruling regarding the currency swap crisis. In a statement on Thursday, Falana warned the central bank not to believe stories and suggestions that it could disregard the Supreme Court’s ruling prohibiting it from enforcing the ban on the old Naira notes. A seven-member panel of the apex court led by John Okoro, on Wednesday, temporarily restrained the federal government from restricting the use of the old naira notes after February 10. The ex parte application was filed…
The regulatory agency for universities in Nigeria, the National Universities Commission, regulatory agency for Nigeria’s universities has ordered the closure of universities across the country to enable students to participate in the 2023 general elections, Meridianspy learnt. Contained In a letter addressed to vice-chancellors of all universities and directors of inter-university centres, the NUC noted that the directive was based on the directive of the Minister of Education, Adamu Adamu. “As Vice-Chancellors of all Universities and Director/Chief Executive of Inter-University Centres are quite aware the 2023 General Elections have been scheduled to hold on Saturday, February 25, 2023, for the…
Nigeria’s electioneering history may yet define the ongoing season as the most remarkable yet. Similar processes in our more distant past, did not generate as much jives and jabs, as we’ve witnessed in the course of the ongoing campaigns. I have alluded in an earlier article, to the comic content which the present politicking has thrown up thus far. The verbal ingenuity of Bola Tinubu, presidential frontiersman of the All Progressives Congress, (APC), for the presidency, has most probably been the phenomenal discovery of the season. Tinubu was premiere governor of Lagos State this fourth republic, we will recall. His…
Sterling Bank has faulted claims by the Independent Corrupt Practices and other related Offences Commission (ICPC) over the newly designed naira notes stashed in its Central Business District (CBD) complex in Abuja. Meridianspy reports that ICPC had stated the bank kept the fund in its vault instead of loading it into the ATM. However, in a statement yesterday, the lender’s Chief Operating Officer, Raheem Owodeyi, stated: “This report is developed for the purpose of providing the true representation of events to the misleading narrative as expressed by the ICPC in a tweet late on Tuesday, 07 February, 2023.” According to…
Rivers governor, Nyesom Wike has renounced the Peoples Democratic Party, PDP, and its presidential candidate, Atiku Abubakar, over their support for the currency redesign policy of the Central Bank of Nigeria, CBN. PDP and Atiku had despite the hardship inflicted on Nigerians by scarcity of the new naira notes had encouraged the CBN not to extend the deadline for the withdrawal of old notes from circulation. However, speaking after the Supreme Court judgment which halted the CBN from withdrawing the use of the old naira notes of N200, N500 and N1000 on 10th February as scheduled by the apex…
The Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, says the 2023 general elections will hold as scheduled. Mr Yakubu said this Wednesday in Abuja when he fielded questions from State House Correspondents after he briefed the Federal Executive Council (FEC) on the level of preparedness for the conduct of the election. He identified scarcity of petroleum products and the naira redesign as major challenges confronting INEC, saying, however, that solutions were already in sight. Also Read: Naira-Fuel Scarcity: Buhari Convenes Emergency Council Meeting “We took members of the council through all the preparations that we have put…
The Economic and Financial Crimes Commission, EFCC on Wednesday arraigned one Ali Bello, a nephew of Kogi State Governor, Yahaya Bello, before Justice Obiora Egwuatu of a Federal High Court in Abuja. Bello was docked alongside Abba Adauda, Yakubu Siyaka Adabenege, Iyada Sadat, Rashida Bello (at large) on 18-count charge bordering on criminal misappropriation and money laundering to the tune of N3,081,804,654.00 (Three Billion, Eighty One Million, Eight Hundred and Four Thousand, Six Hundred and Fifty Four Naira. According to the EFCC, Bello, Adaudu, Adabenege, Sadat and Rashida (at large) sometime in June, 2020 in Abuja allegedly procured E-Traders International…
President Muhammadu Buhari has summoned an emergency meeting of the Council of State over escalating crises in the country ahead of the general elections. The meeting will hold in the State House, Abuja, on Friday. Those expected to brief the Council include the Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele and the Inspector General of Police (IGP), Usman Alkali Baba. The meeting is coming on the heels of a national crisis that resulted from the scarcity of Naira notes. It is expected that the meeting will…
What an irony! The operational network of Zenith Bank has collapsed for over a week now. No customer can transfer a farthing of their own savings out to other banks. Neither can they fish out as much as one kobo for their own use through Zenith ATMs. Gripped with ignominy, the bank’s officials are seen on video scaling the fence at the back to escape irritated customers massed up in the banking hall. This bank was where the current Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, left as Group Managing Director to take his current seat in…