Google has released a new AI-powered chatbot called Bard, which is designed to compete with OpenAI’s ChatGPT. Bard is an experimental conversational AI service that is powered by Google’s LaMDA (Language Model for Dialogue Applications).
LaMDA is a large language model that has been trained on a massive dataset of text and code. This allows Bard to generate text, translate languages, write…
The Nigerian National Petroleum Company Limited needs to roll out massive investments in terms of oil and gas to meet the demand for these commodities, Africa’s richest man and Chairman, Dangote Group, Aliko Dangote, has said.
He said the national oil firm should invest…
The Federal Government, through the Ministry of Mines and Steel Development, has stressed that biometric data capture for registered artisanal and small-scale miners will lessen the rate of illegal mining and smuggling in the country.
This was disclosed in a statement from…
Nigeria’s borrowing from the World Bank has reached $14.34bn as of March 31,
This was an increase from the $13.93bn debt recorded by the Debt Management Office as of December 31, 2022.
This means that fresh disbursements on approved loans added $410m to Nigeria’s debt from the World Bank in the first quarter of 2023.
The IBRD lends to governments of middle-income and creditworthy low-income…
Wema Bank Plc has said it recorded N39.35bn gross earnings in the first quarter of the 2023 financial period.
This was a year-on-year increase of 35.04 per cent from N29.14bn recorded in the corresponding period of 2022.
It disclosed this in a statement on its unaudited…
With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of Nigeria has said it is supplying more quantities of the new notes to banks.
This was according to a statement by the CBN’s Acting Director, Corporate Communications, Dr Isa…
I am excited to announce the first set of electric buses in the Lagos Mass Transit Master Plan as part of our increased effort to modernise every sector of Lagos. Thanks to our partnership with @Oando_PLC, Lagosians can expect a cleaner and greener public transportation system.
With the ability to travel 280km at full charge, taking into account our unique travel times in Lagos, our electric…
The contractor missed the April completion date for the Lagos-Ibadan Expressway
May 1, 2023
The Federal Government has again postponed the reopening of the Lagos-Ibadan Expressway, saying the April 30 date earlier stated will no longer be feasible.
The Minister of Works and Housing, Mr Babatunde Fashola, who dropped the hint, said the development was due to heavy…
The National Economic Council, on Thursday, in Abuja, said it has agreed that petrol subsidy should “not be removed” as earlier planned for June 2023.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this to State House correspondents…
Wema Bank Plc has said its gross earnings rose by 42.3 per cent to N131.08bn as of the end of 2022 financial period from N92.14bn in the corresponding period of 2021.
It revealed this in a statement on its audited financial results for the period ended December 31, 2022.
The statement said, “The results which showed positive fundamentals across board, revealed a growth of 44.7 per cent year on…