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Nairabox Launches Cinema Subscription Service

Personal Tech

Nigeria’s popular lifestyle platform has announced the revamp and re-launch of its mobile app, introducing new features including a cinema subscription service to allow users to enjoy the full experience of the platform. The platform, being the first of its kind in Nigeria will enable users to watch four of their favourite movies in a month for the cost of one. “This offering is the first of its kind in Nigeria and will bring more value to users and more traffic to the cinema,” Nairabox said in a statement. The platform which hit the scene in 2015, leading in the lifestyle and entertainment sector took a step back during the peak of the COVID-19 pandemic, reevaluating and enhancing its platform for growth and better user experience.

Nigeria’s Mobile Internet Subscription Drops By 563,837

Personal Tech

Nigeria’s mobile internet subscribers decreased by 563,837 in December, with the total number of Internet users dropping to 153.87 million from 154.43 million in November 2020. The latest figures from the Nigerian Communications Commission also showed that broadband subscription fell by 0.12 percent, from 86 million in November to 85.9 million in December.

Netflix Surpasses 200 Million Subscribers

Personal Tech

American online streaming service, Netflix has reported an increase in the number of subscribers totaling 203.6 million subscribers, making a profit of $2,761.4 million in 2020 showing about 47.9 percent increase when compared to 2019. However, the company recorded a loss of 7.6 percent ($542.15 million) in the last quarter, a decrease of 31 percent when compared to the previous quarter. Rival streaming companies, Hulu and Disney Plus have proved popular with Disney accumulating 90 million subscribers from its launch date and boasts to have about 260 million by 2024.

Federal Government Lifts Ban On SIM Registration

Tech Security

The Federal government has approved the activation of the new Subscriber Identification Module (SIM), Although this exercise can only be feasible with a compulsory valid National Identification Number (NIN).

WhatsApp To Commence Removal Of Accounts From May 15

Tech Security

Facebook-owned company WhatsApp has stated that commencing from May 15, users who had refused to accept the new terms and conditions of the media platform will not be able to send and read messages, and maybe eventually deleted. Following the several backlashes from its users over the revised privacy policy, WhatsApp has deferred the update to May 15, giving users time to accept the revised terms.

Telcos Collect 56.18 Million NINs, FG Fixes April 6 Deadline

Tech Security

A total of 56.18 million National Identity Numbers have been collected by the mobile network operators and submitted for linkage with their respective Subscriber Identification Modules.

SEC, CBN Working On Regulatory Guidelines For Crypto Trading

Trending Now

The Director-General, Securities and Exchange Commission (SEC), Lamido Yuguda has disclosed that the commission is working alongside the Central Bank of Nigeria (CBN) for a better understanding and regulation of cryptocurrencies in the country.
Mr. Yuguda made the disclosure during the virtual 2021 first post-Capital Market Committee (CMC) conference, saying the commission was in discussions with CBN to better understand the crypto assets and workings. He noted that the suspension on cryptocurrency asset guidelines in the country was due to the lack of access to Nigerian bank accounts, adding that the commission remains supportive of Fintechs and also invested in developing a framework to support its operations.

UAE Rover To Land On Moon In 2022

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Japanese Lunar exploration firm, iSpace has on Wednesday announced that it will be transporting an unmanned rover belonging to the United Arab Emirate (UAE) to the moon next year. The Gulf State earlier announced the planned launch of the “Rashid” Rover in September, indicating an expansion in their space sector also said the rover was scheduled for 2024. The rover "will be transported to the Moon on iSpace’s lunar lander" during a mission in 2022, ISpace said, adding that it "will deliver the Emirates lunar mission's 'Rashid' rover to the Moon, provide wired communication and power during the cruise phase, and engage in wireless communication on the lunar surface".

Twitter Advertises Jobs In Ghana As It Prepares To Open First Africa Office

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Twitter has announced it will recruit 11 people in Ghana, the company’s first hires on the African continent, and that it is looking into opening an office there. The social media company joins Facebook and other tech companies moving into Africa.

Elon Musk’s SpaceX To Send Persons Of Colour And Women To Moon For The First Time

Exclusives

NASA picked Elon Musk’s SpaceX to receive $2.9 billion to build a lunar lander as part of the Artemis mission to send humans to the Moon by 2024, the agency announced today. It’s a major vote of confidence in SpaceX from NASA — as no other company received the money. The contract between NASA and SpaceX is expected to be signed on May 1.

YouTube To Commence Automatic Product Identification In Videos

Exclusives

Online video-sharing giant YouTube is set to roll out automatic product detection in uploaded videos on its platform so as to give Google its own piece of the incredibly lucrative affiliate link market, while also tying commerce directly to video uploads.

Flutterwave And Paypal Collaborates To Ease Business On African Merchants

Exclusives

Nigeria and Africa’s leading financial technology company Flutterwave have teamed up with US payments giant, Paypal to enable users anywhere in the world to make direct payment to African merchants. In 2017, Africa eCommerce value totalled $16.5 billion and it is expected to reach $29 billion by 2022. Flutterwave has exploited this economy area in Africa by offering flexible, quick and affordable payment services to individuals and businesses across the continent.

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