How Does ChatGPT Work?

By Modupe Gbadeyanka As part of efforts to meet the target of equipping one million technical talents with the requisite knowledge to excel in the industry, Moniepoint has sponsored the training of the pioneer cohort of the HatchDev programme. The HatchDev initiative is the brainchild of Nithub University of Lagos, designed to produce hundreds of market-ready software engineers every year. The scheme, which runs for nine months and started in October 2022, aspires to shape 300 junior software engineers, 100 intelligent systems developers, and 100 IoT/embedded systems engineers. The first beneficiaries have been trained to be readily absorbed into a

By Aduragbemi Omiyale A 10-week equity-free accelerator for African startups designed to tutor participants on how to use artificial intelligence to solve local challenges has been introduced by Google. The initiative is called Google for Startups Accelerator: AI First. It recognises the transformative role AI is playing across the world, innovating industries and reimagining the realms of possibilities. It also highlights the significant contributions of African startups in addressing some of the region’s most pressing challenges through the use of AI. A statement from Google disclosed that application for the programme has commenced. It is for startups up to series

By Adedapo Adesanya The Nigerian Communications Commission (NCC) has said Nigeria now ranks seventh in terms of mobile phone usage globally while it takes the 11th spot in terms of internet penetration. The NCC Executive Vice Chairman/Chief Executive Officer, Mr Umar Danbatta, disclosed this while speaking at the opening ceremony of a two-day workshop on emerging technology forum for the telecommunications industry in Abuja on Thursday. Mr Danbatta, who was represented by Mr Abraham Osahadami, the NCC’s Head of Spectrum Database Management, said 82 per cent of the country’s 200 million+ population are telecom subscribers while just 29 per cent

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has sent an urgent appeal to the Commonwealth and the United Nations, urging action against the Nigerian government over the ban on microblogging site, Twitter, in the country. In a letter signed by the deputy director of SERAP, Mr Kolawole Oluwadare, the organisation called on the Secretary-General of the Commonwealth, Ms Patricia Scotland QC, to “apply the Commonwealth Charter to hold the Nigerian government to account over the unlawful suspension of Twitter in Nigeria, and the resulting repression of human rights particularly the rights to freedom of expression, access to

By Ahmed Rahma The Comptroller-General (CG) of the Nigeria Immigration Service (NIS), Mr Muhammad Babandede, has stressed that recruitment into the agency is not for sale. Speaking at a 2-day official visit to Yola, the capital of the Adamawa State, Mr Babandede said employment into the service was purely based on merit, especially for those who are fit and qualified. The immigration service is seeking new hands in the 2020/2021 recruitment exercise and there have been reports that some persons were asking for money from applicants. “Recently, 370,000 people applied for the 4,900 available vacant positions from across the country

By Dipo Olowookere Customers of First Bank of Nigeria Limited using the bank’s Naira MasterCard have been given the opportunity to enjoy a reward system whenever they use the debit card. The lender, in a promotional campaign that will run for four months, beginning in July 2018, through October, 2018, said it would reward its customers for using the First Bank Naira MasterCard for international transactions. A statement issued by the financial institution quoted the Group Head, e-Business, Mr Chuma Ezirim, as saying that, ”First Bank is delighted to reward its customers who carry out their financial transactions in an

By Dipo Olowookere Last week, the All-Share Index (ASI) and market capitalisation of the Nigerian Stock Exchange (NSE) both depreciated by 1.17 percent to close at 27,306.81 points and N13.307 trillion respectively. Similarly, all other indices finished lower with the exception of NSE Industrial Goods index which appreciated by 1.32 percent while NSE ASeM index closed flat. During the five-day trading period, 12 equities appreciated in price, lower than 32 equities in the previous week, while 43 equities depreciated in price, higher than 27 equities in the previous week, with 113 equities remaining unchanged, higher that 109 equities recorded in

By Dipo Olowookere A globally renowned industrial distributor, RS Components (RS), the trading brand of Electro Components Plc, has successfully transitioned into an e-commerce business within the B2B space. The brand has now launched an e-commerce website for sub-Saharan Africa, which is geared to meet the requirements of a growing continent with demand from various industries such as manufacturing, mining, automotive, utilities, electronics, and industrial IOT. “Customers in Africa had access to our products prior to the website, however there were long lead times and higher freight costs depending on location. “With the new website, customers receive their products much

By Dipo Olowookere Lovers of the popular music talent hunt show, The Voice Nigeria, will enjoy the tunes from Team Falz at Episode 8 of the programme on Saturday, May 15. The show will air by 8 pm today and will also be available on Sunday on Airtel TV by 8 pm. The new episode can also be watched on-demand from 9 pm on Sunday after the live broadcast to enable fans to watch at any time if they missed the live broadcast. To watch new episodes on Airtel TV, fans can simply download the Airtel TV app, which is

By Dipo Olowookere The stock market in Nigeria reacted negatively to the shooting of peaceful protesters at the Lekki area of Lagos State on Tuesday night by the Nigerian Army. For about two weeks, some youths in the country have staged protests across the country, calling for police reform and an end to bad governance. Efforts to get them off the streets were futile and yesterday, some men of the Nigerian forces opened fire on demonstrators at the Lekki Toll Plaza, who had remained peaceful since the protest began. On Wednesday, at the Nigerian Stock Exchange (NSE), investors, who were

By Dipo Olowookere The much-anticipated CashlessAfrica Expo will kick off today, Wednesday, March 22, 2017 at the Lagos Oriental Hotel and will end on Thursday, March 23, 2017. Experts will gather to discuss the future of finance in Lagos, the economic hub of Nigeria and the conversation will be on via the #CashlessExpo on Twitter. The event has attracted more than 35 speakers from 30 countries to attend what has become a leading regional digital financial services conference in West Africa. Vice President and Area Business Head for West Africa, Mastercard, Ms Omokehinde Adebanjo, will open the first day with