Business

Google Confirms Gmail Upgrade—3 Billion Users Must Now Decide

Published

1 year ago

March 23, 2025

OhiBaba

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▪︎NurPhoto via Getty Images

There’s a new battle taking place on your computers and your phones that will shape how you use technology for years to come.

Forbes reports that Google is leading the charge—albeit it’s not alone, and Gmail will likely change more than any other platform.

That means serious decisions for its 3 billion users, who are well advised to think before clicking “yes.” We’re talking AI and the breakneck speed with which new tools are being stitched into the platforms and services we all use daily.

Apple may have been hit with an unintended slowdown, but not Google and Microsoft.

There’s no stopping them. Take your Chrome search history as an example. It’s surprisingly personal — what you search on the web and how you term those searches.

But AI will be let loose on that history, if you let it, using this to get to know you better so it can help you more. But this isn’t an executive assistant, it’s a technology platform owned by the world’s most valuable marketing machine. Buyer beware, as they say.

Related Topics:Featured Gmail Upgrade Google mail

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Business

NAICOM Revokes Nigeria Reinsurance’s Licence, Freezes Operations Over Capital Shortfall

Banire directed banks, financial institutions, policyholders and members of the public not to honour any instruction relating to the company except those issued by him or persons expressly authorised by him.

Published

2 days ago

August 6, 2026

OCHEFA

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The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation for failing to meet the statutory Minimum Capital Requirement (MCR) and appointed Senior Advocate of Nigeria, Dr. Muiz Banire, SAN, as Receiver/Provisional Liquidator to wind up the company’s affairs.

The appointment took effect on August 3, 2026, following the cancellation of the company’s certificate of registration by the insurance regulator.

In a public notice dated August 4, 2026, Banire said NAICOM appointed him, in exercise of its statutory powers, to oversee the receivership and liquidation of Nigeria Reinsurance Corporation (RR-002).

In the notice, the company’s licence was revoked after it failed to comply with the prescribed Minimum Capital Requirement applicable to its category of licence within the stipulated compliance period, in accordance with the Nigerian Insurance Industry Reform Act (NIIRA) 2025 and other extant laws, regulations and guidelines.

Banire said his appointment authorises him to immediately trace, recover, secure and take possession of the company’s assets, collate and settle its liabilities in line with the NIIRA 2025, liaise with NAICOM on matters relating to the liquidation, and submit periodic reports to the Commission.

Source: ThisDay

Business

NDIC begins paying depositors of 46 closed microfinance banks

NDIC Managing Director and Chief Executive Oludare Sunday confirmed the development at a retreat for members of the House of Representatives Committee on Insurance and Actuarial Matters in Lagos on Wednesday.

Published

2 days ago

August 6, 2026

OCHEFA

20 Views

The Nigeria Deposit Insurance Corporation (NDIC) has started reimbursing depositors affected by the closure of 46 microfinance banks nationwide.

” Payments are ongoing, and over 700,000 Heritage Bank customers have already received their insured funds through BVN-linked accounts.

“We have started paying depositors of those banks, and gradually we intend to cover all the insured depositors,” he said,” he said.

Following the revocation of the 46 MFB operating licences, the CBN subsequently appointed the NDIC as provisional liquidator of the failed financial institutions.