Author: News Room

Live news: S&P downgrades First Republic for 2nd time in a week Read the full article here

The Federal Reserve and five other leading central banks have taken fresh measures to improve global access to dollar liquidity as financial markets reel from the turmoil hitting the banking sector.In a joint statement on Sunday, the central banks said that, from tomorrow, they would switch from weekly to daily auctions of dollars in an effort to “ease strains in global funding markets”. The daily swap lines between the Fed and the European Central Bank, the Bank of England, the Swiss National Bank, the Bank of Canada and the Bank of Japan would run at least until the end of…

As part of this change, Twitter will also turn off 2FA for your account completely if you don’t switch away from SMS verification or pay for Blue before that deadline, leaving your account vulnerable to hacking. Fortunately, you can still enable 2FA for free using an authenticator app, like Google Authenticator or Authy. You can also use a security key, but this requires the purchase of an actual piece of hardware.Twitter’s making SMS 2FA a paid feature because it’s the least secure form of authentication. This may seem counterintuitive, but it should at least steer non-subscribers away from the method,…

Elena Rybakina claimed her first career win over Aryna Sabalenka on one of the biggest stages as a 7-6(11) 6-4 win secured her the Indian Wells title.Sabalenka stepped on the court with a perfect four-from-four record against Rybakina, including victory in the Australian Open final earlier this year.The world No. 2 has been strong in all departments this season, but she threw in an awful display on serve and it enabled Rybakina to claim the win.WTA Indian WellsRybakina stuns Swiatek in straight sets, will meet Sabalenka in Indian Wells finalYESTERDAY AT 08:51“It was an incredible two weeks here,” Rybakina said.…

As he did in 1984 when he was a military head of state, the President, Major General Muhammadu Buhari (retd.), introduced a naira redesign policy, which left in its wake tales of deaths, sorrow and anguish, DEBORAH TOLU-KOLAWOLE writes Nigerians who were alive during the introduction of the naira redesign policy by the Muhammadu Buhari military junta of 1984 are not exactly surprised at the re-introduction of the same policy by the same man as a civilian President. A human rights lawyer, Femi Falana, SAN,  recalled that the redesign policy of 1984 led to the loss of lives. “In 1984,…

The President and Council Chairman, Real Estate Developers Association of Nigeria, Aliyu Wamakko, in this interview with DAMILOLA AINA, explains the negative multiplier effect of the naira redesign policy by the Central Bank of Nigeria, reasons why mortgage is relatively high and what the next government should do for the built industry What is your view on the naira redesign policy by the Central Bank and how it has affected the real estate industry? Generally speaking, the naira redesign is a good policy by the government but it was not faithful to the citizens of the country and the real…

Chinese tech company Baidu has announced that it can now operate robotaxis in a part of the capital city of Beijing with no human staff or driver inside. According to CNBC, the move eliminates the labor cost for operating self-driving taxis — up to the permitted number of cars. The government approval initially covers 10 vehicles in the Beijing suburb of Yizhuang, which is home to many corporations such as JD.com. The suburb is the primary site of Baidu’s robotaxi public road testing and operation in Beijing city. In November 2021, local authorities allowed Baidu and rival robotaxi operator Pony.ai…

The Founder and Chief Executive Officer of iiDENTIFii, Gur Geva, has said that biometric technology is crucial to Nigeria’s digital economy. According to him, with proper biometrics tech, financial institutions could provide safe and efficient services to consumers in the country at scale, and improve financial inclusion. He said, “Biometric technology is a crucial consideration in Nigeria’s ongoing digital expansion. If financial institutions, telecommunications companies, and the public sector adopt enterprise-grade biometric authentication, they can provide services to Nigerian consumers safely, efficiently, and at scale.” He explained that biometric authentication technology was changing how individuals identified with mobile devices. With…

The Ooni of Ife, Oba Adeyeye Ogunwusi, has revealed plans to establish a university, which he said will be named ‘Ojaja University in Eyenkorin Ilorin, Kwara State’. The institution is formerly known as Crown-Hill University. He said this after securing full accreditation for the take-off courses from the National Universities Commission. He was accompanied by the institution’s vice chancellor, Prof Jeleel Ojuade. Ooni said it had always been his dream to own a citadel of learning, where scholars could be molded, not only in learning but character and entrepreneurship. He stated, “Our students do the normal, routine courses for four…

A comedian and actor, Onyebuchi Ojieh, aka Buchi, tells BLESSING ENENAITE about the comedy industry You have been in the industry for a while. What are the factors that brought you this far? When I got into the industry, there was no one doing what I was doing; and that was a big boost for me. Back then, I used to do a lot of ‘freestyling’. The first big events where I showcased myself were those of two other comedians— Tee A and Julius Agwu. At those shows, I was just ‘freestyling’ from one seat to another, and making jokes…