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NOTORIOUS GANDCRAB HACKER GROUP ‘RETURNS FROM RETIREMENT’

An infamous hacker group that was thought to have disbanded appears to be behind a wave of new attacks being carried out across the world. Researchers at cyber-security company Secureworks say [...]

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FACEBOOK SUSPENDS TENS OF THOUSANDS OF APPS

Facebook says it has suspended tens of thousands of apps as part of an investigation it launched in the wake of the Cambridge Analytica data harvesting scandal. The suspended apps were associated [...]

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TECH TENT: CAN AI REVOLUTIONISE HEALTH?

If there’s one area where there’s real excitement about the improvements in our lives which advances in artificial intelligence could bring, it is healthcare. On Tech Tent this week [...]

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AIRBNB ANNOUNCES IT PLANS TO GO PUBLIC IN 2020

Uber and Lyft are each trading well below their IPO prices. Slack (WORK)’s stock took a beating after its first earnings report as a public company earlier this month. And WeWork is [...]

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SEA TRADE INCREASES BY N260.6BN IN Q2

The total value of trade realised at the seaports in the second quarter of 2019 increased by N260.6bn over the value recorded in the first quarter, data from the National Bureau of Statistics [...]

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FG APPROACHES WORLD BANK FOR ANOTHER $2.5BN LOAN

The Federal Government is currently in talks with the World Bank for a fresh $2.5bn loan. World Bank Vice President for Africa, Hafez Ghanem, disclosed this in an interview in Abuja on Wednesday, [...]

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$1.3BN CRUDE OIL LOST IN SIX MONTHS — GOVS

Nigeria lost $1.3bn worth of crude oil to theft and pipeline vandalism in the first six months of 2019, according to state governors, who looked into the criminal cases in the oil sector in the [...]

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GOOGLE EMPLOYEE RESIGNS, WARNS ‘KILLER ROBOTS’ COULD START WAR

A former employee of Google who has resigned said a new generation of autonomous weapons or “killer robots” could accidentally start a war or cause mass atrocities. Laura Nolan was a former top [...]

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POLICE OFFICERS RAISE CONCERNS ABOUT ‘BIASED’ AI DATA

The domestic equities market resumed the week on a negative note as the All Share Index declined by 0.74 per cent to settle at 27,547.32 basis points while the year-to-date loss worsened to –12.3 [...]

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STOCK MARKET REPORT FOR 13TH SEPTEMBER 2019

A total turnover of 1.147 billion shares worth N14.082 billion in 17,980 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.101 billion shares [...]