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Citibank Nigeria Limited has extended N4 billion ($10 million) financing to Babban Gona Farmer Services Nigeria Limited to support input credit and harvest advance to smallholder farmers in northern Nigeria. In a statement by the bank’s country Head of Public Affairs (Nigeria & Ghana), Lola Oyeka, the bank said the transaction will enable 41,000 smallholder farmers to increase their farming income by 350 per cent per hectare, thus contributing to improved economic opportunity in…

WhatsApp, Facebook and Instagram users are being warned about the dangers and spread of cryptocurrency scams on the Meta-owned apps. A new study has revealed that since the start of 2021 cryptocurrency scams have cost victims a staggering £800million in total, with the median victim having over £2,000 stolen. Many of these scams begin on social media, with WhatsApp, Facebook and Instagram the main three platforms criminals exploit.Instagram is the most targeted app for crypto scams (32 percent), followed by Facebook (26…

Illustration of the Mars Perseverance Rover using its SuperCam instrument to laser zap a rock in order to test what it’s made of. Credit: NASA<span class="glossaryLink" aria-describedby="tt" data-cmtooltip="<div class=glossaryItemTitle>NASA</div><div class=glossaryItemBody>Established in 1958, the National Aeronautics and Space Administration (NASA) is an independent agency of the United States Federal Government that succeeded the National Advisory Committee for Aeronautics…

The launch of Nothing’s Phone 1 materialises as the ‘Notify Me’ page goes live on Flipkart. Announced in March 2022, Nothing Phone 1 will be launched via the e-commerce portal Flipkart and probably through the company’s website. The Nothing Phone 1 will be the first smartphone by the UK-based tech start up. Most likely, the smartphone will be revealed in June 2022 itself. The Nothing Phone 1 will come with Snapdragon processor and Nothing OS, company’s own operating…

After facing delays due to some vehicle issues, Jeff Bezos' space venture Blue Origin now plans to lift off its fifth tourist flight to space on June 4.The NS-21 will lift off from Launch Site One on Saturday, June 4 at 8:00 a.m. CDT (6:30 pm IST), Blue Origin said in a statement.Earlier, it was scheduled to fly on May 20, but cancelled as it faced some issues with the vehicle, which the company did not disclose."During our final vehicle check-outs, we observed one of New Shepard's back-up systems was not meeting our…

Two top cryptocurrency companies, Ripple and FTX, told CNBC that they're on the lookout for acquisitions as the industry hopes to drive growth through buying other firms.It is a sign that some crypto firms feel that they're large enough and well capitalized to splash the cash on acquisitions.Brett Harrison, president of cryptocurrency exchange FTX U.S., said in an interview last week that the company is in "a very good spot in terms of our capital and cash" and will "look around the market for potential merger and…

A group of US senators led by Ed Markey of Massachusetts is calling on Apple and Google to implement new app store policies that prohibit developers from collecting data that would threaten women seeking abortions. In separate letters sent to the CEOs of both companies, the group said the two tech giants “must” act to protect individuals exercising their right to choose from groups that would target them for their decision. “Following the leak of the Supreme Court’s draft opinion overturning Roe v. Wade, we are concerned…

The EU plans to transition to renewables more than twice as fast as Japan by 2030, according to new analysis released by global energy think tank Ember ahead of the G7 environment, climate, and energy ministers meeting, which kicks off today in Berlin. The ministers will decide whether and how G7 countries will commit to clean power by 2035.  Over the next eight years, the EU is planning to shift 32% of its total electricity production to renewables, while Japan is planning to shift only 13% of its own electricity…

Flipkart has refreshed the design of its mobile app to elevate the user experience to make it more intuitive and simple to navigate. With millions of first-time internet users exploring e-commerce from not just from metros but from tier 2 and tier 3 cities, it was imperative to create a user experience that caters to the diverse needs of the users. As part of the design revamp process, Flipkart has introduced design changes that will enable navigation between various categories of…

A team of researchers from Austria recently developed an AI-powered drone capable of tracking moving objects through dense foliage. So much for escaping to the woods and living off the land if the machines ever rise up against us. Per the team’s research paper: While detecting and tracking moving targets through foliage is difficult (and often even impossible) in regular aerial images or videos, it becomes practically feasible with image integration … This finding together with the…