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A Meta AI bypassed its cage and hacked a real company’s systems
AI & Innovation

A Meta AI bypassed its cage and hacked a real company’s systems

During a security test, a Meta AI model exploited a vulnerability to access and change an external organisation’s systems, mirroring recent incidents at OpenAI and Anthropic.

Customs hires just 3,852 out of 573,680 applicants — a 0.7% success rate
Tech News

Customs hires just 3,852 out of 573,680 applicants — a 0.7% success rate

The Nigeria Customs Service offered jobs to 3,852 candidates from 573,680 applications, a 0.7% success rate. Recruitment will now be an annual, merit-based exercise.

Cloud providers in Nigeria must now follow new sovereign data rules
Tech News

Cloud providers in Nigeria must now follow new sovereign data rules

NITDA signed three regulatory instruments for Nigeria's National Sovereign Cloud Initiative, setting rules for cloud computing, technical standards, and digital infrastructure assurance.

Nigerians spent N1.41 trillion on beer, malt and spirits in six months
Insights

Nigerians spent N1.41 trillion on beer, malt and spirits in six months

Combined revenue from the country's three largest brewers hit N1.41 trillion in the first half of 2026, a sharp rise from N1.09 trillion a year earlier.

SpaceX will build all its AI on Nvidia, Elon Musk tells investors
AI & Innovation

SpaceX will build all its AI on Nvidia, Elon Musk tells investors

Elon Musk commits SpaceX to an exclusive Nvidia AI infrastructure, betting on the Vera Rubin architecture to power terrestrial and satellite-based data centers.

Fintechs and Banks can Now Apply for a Lagos Sprint to Turn Gender Data into Real Products
Events

Fintechs and Banks can Now Apply for a Lagos Sprint to Turn Gender Data into Real Products

A three-day design sprint in Lagos this September will help financial players turn gender-disaggregated data into practical tools and policies.

Nigerians can now bank inside WhatsApp with Xara's AI assistant
Fintech

Nigerians can now bank inside WhatsApp with Xara's AI assistant

Xava Technologies launches Xara, an AI assistant that turns WhatsApp into a personal banker for money transfers, bill payments, and airtime purchases without a separate app download.

Fintech

Crypto traders will pay ₦10 stamp duty per withdrawal from 2026

New NRS guidelines extend a 1.5% stamp duty to token-to-fiat transactions, enforce platform-level collection, and impose a ₦10 million fine for exchanges that fail to register.

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