Apple is set to host its highly anticipated fall event on September 9 at its Cupertino, California headquarters, as confirmed by an invitation sent out on Monday.

The event is expected to feature the unveiling of new iPhones along with updates to various other devices and applications. This launch is particularly crucial for Apple as the tech giant aims to counteract a global slowdown in sales, with a particular focus on regaining momentum in the Chinese market.

Additionally, Apple is expected to outline its roadmap for artificial intelligence (AI), a key area of development as it faces growing competition from industry rivals.

During its Worldwide Developers Conference (WWDC) in June, Apple introduced several AI-driven features under the banner "Apple Intelligence."

These enhancements include a revamped version of Siri and a new integration with ChatGPT. However, these AI features will be exclusive to the latest Apple devices and will be rolled out gradually, starting later this year.

READ MORE: https://cinecritiquehub.com.ng/2024/08/27/apple-set-to-unveil-new-iphone-series-on-september-9/

Despite significant improvements in Nigeria's foreign exchange market fundamentals, the naira continues to struggle, trading at N1,600/$ in the black market as of Wednesday morning. This trend persists even as the U.S. dollar index hovers near a seven-month low.

Naira short sellers remain undeterred, even in the face of the Federal Government's recent issuance of domestic dollar bonds aimed at bolstering liquidity in the country’s FX market.

According to data from the Nigerian Autonomous Foreign Exchange Fixing (NAFEX), the naira remained relatively stable, closing at N1,579.74/$.

The naira's ongoing depreciation comes despite positive market signals, such as a 130% year-on-year increase in diaspora remittances, which reached $553 million in July 2024, according to the Central Bank of Nigeria (CBN).

This influx of foreign currency was expected to alleviate some pressure on the naira.

READ MORE: https://cinecritiquehub.com.ng/2024/08/21/naira-stalls-at-n1600-despite-strengthening-fundamentals-in-nigerias-fx-market/

The Central Bank of Nigeria (CBN) has approved a substantial financial package worth N700 billion to facilitate the proposed merger between Unity Bank Plc and Providus Bank Limited.

This significant move by the apex bank aims to bolster the stability of Nigeria’s financial system and ensure the operational viability of the merged entity.

In an official letter addressed to the Managing Director of Unity Bank, the CBN detailed the terms and structure of the financial accommodation. The package consists of a 20-year term loan specifically designed to support the post-merger stability of the new financial institution.

This bailout is notable as it marks the first financial assistance extended to a commercial bank under the leadership of the new CBN Governor, Yemi Cardoso.

It comes in the wake of the liquidation of Heritage Bank, which had led many to believe that the apex bank might refrain from further bailouts for struggling banks.

READ MORE: https://cinecritiquehub.com.ng/2024/08/07/cbn-infuses-n700-billion-to-support-unity-bank-and-providus-bank-merger/

Atletico Madrid have reached a comprehensive agreement to sign Argentine forward Julian Alvarez from reigning Premier League champions Manchester City.

The English club is set to receive a club-record transfer fee of £82 million, including add-ons (€95 million/$104 million), in exchange for Alvarez, pending the 24-year-old finalizing personal terms with Atletico.

The negotiations between the two clubs, which began on Monday, have now culminated in a mutual agreement.

Atletico Madrid will now enter discussions with Alvarez regarding personal terms before the transfer is officially completed. Reports indicate that Alvarez is keen to embrace a new challenge away from Manchester City.

Alvarez, a World Cup-winning attacker, joined Manchester City from River Plate in January 2022 for a modest fee of €17 million (£14 million). He subsequently signed a new contract last year, extending his stay at the Etihad Stadium until 2028.

READ MORE: https://cinecritiquehub.com.ng/2024/08/06/julian-alvarez-to-leave-man-city-in-record-82m-transfer-to-atletico-madrid/

John Schulman, one of the co-founders of the prominent artificial intelligence company OpenAI, has departed to join the rival firm Anthropic. Schulman announced his decision on the social media platform X late Monday.

In the same vein, OpenAI's President and fellow co-founder, Greg Brockman, revealed that he would be taking a sabbatical until the end of the year. Brockman shared this update in his own post on X late Monday.

The Information was the first to report on these significant developments, noting that Peter Deng, a product manager who joined OpenAI last year, has also left the company.

OpenAI has not yet responded to Reuters' request for comments on these departures. These exits occur amidst a period of considerable personnel changes at OpenAI. The company's AI safety leader, Aleksander Madry, was reassigned to a different role in July.

READ MORE: https://cinecritiquehub.com.ng/2024/08/06/openai-co-founder-john-schulman-leaves-for-rival-anthropic/

The devaluation of the Nigerian Naira has led to a significant foreign exchange gain of N8.6 billion for the Nigeria Identification for Development (ID4D) project.

This initiative, backed by international financiers with the World Bank at the forefront, aims to ensure all Nigerians are enrolled for the National Identification Number (NIN).

The World Bank revealed this financial outcome in the 2023 audited financial statement for the ID4D project, which has been ongoing since 2020.

The project, with a total funding of $430 million, is a collaborative effort supported by the International Development Association (IDA), the French Development Agency (AFD), and the European Investment Bank (EIB).

According to the financial report, funds provided by the international financiers in US Dollars (USD) or Euros (EUR) are converted into Nigerian Naira (NGN) upon withdrawal, based on the exchange rate prevailing on the date of withdrawal as determined by the Central Bank of Nigeria's (CBN) Autonomous Foreign Exchange Market (AFEM).

READ MORE: https://cinecritiquehub.com.ng/2024/08/06/forex-crisis-boosts-nigerias-id4d-project-with-n8-6-billion-gain-from-2023-naira-devaluation/?fbclid=IwY2xjawEewy5leHRuA2FlbQIxMAABHc5vTm-bBwjGcL2Stz6nY0JgZiqJyrSNlpeBApQS9saj5wR3kc1etFgA9A_aem_aMfOHwEdVc4GDxWFs8FMEQ

The cryptocurrency market is experiencing significant turmoil, with a strong bearish sentiment sweeping across the industry. Over the past 24 hours, the market has seen a massive liquidation, crossing the $1 billion mark.

According to data from CoinGlass, a highly trusted source for crypto liquidation information, total liquidations have reached $1.12 billion.

Of this amount, approximately $936 million comes from long positions, as traders who expected a price increase were caught off guard by the market downturn. Short positions accounted for the remaining $163 million in liquidations.

CoinGlass data further reveals that around 286,370 traders were liquidated in the past 24 hours. The largest single liquidation order, valued at $27 million, occurred on the Huobi exchange.

In terms of individual cryptocurrencies, Bitcoin saw $375 million in liquidations, while Ethereum closely followed with $354 million. Other digital assets contributed to approximately $109 million in liquidations.

READ MORE: https://cinecritiquehub.com.ng/2024/08/05/crypto-market-sees-over-1-billion-in-liquidations-amid-market-crash/

Nigeria's exchange rate closed July 2024 at N1608.73 per US dollar, reflecting a 6.43% depreciation in the official market for the month. This decline marks the naira's weakest performance in four months, with exchange rates fluctuating between a low of N1,500.32 and a high of N1,621.12, thereby surpassing the N1,600 threshold.

The depreciation persisted despite concerted efforts by the Central Bank of Nigeria (CBN) to mitigate market illiquidity through strategic dollar sales.

In a bid to stabilize the naira, the CBN conducted at least three foreign exchange (FX) sales to authorized dealers and one significant sale to Bureau de Change (BDC) operators in July.

These interventions by the CBN were aimed at alleviating the intense pressure on the naira and appeared to have positively impacted FX turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.

According to data from Nairalytics, the research division of Nairametrics, FX turnover in the official market surged by 30%, reaching $4.34 billion in July compared to $3.33 billion in June.

READ MORE: https://cinecritiquehub.com.ng/2024/08/03/nigerias-exchange-rate-drops-6-43-in-july-despite-cbns-foreign-exchange-interventions/

Jeff Bezos's net worth plummeted by $15.2 billion on Friday, contributing to a broader market downturn that collectively wiped out $134 billion from the fortunes of the world's 500 wealthiest individuals.

Amazon.com Inc. shares fell by 8.8% during a widespread market selloff, reducing Bezos's net worth to $191.5 billion, according to the Bloomberg Billionaires Index.

This significant one-day loss is his third-largest, surpassed only by the $36 billion decrease on April 4, 2019, following his divorce settlement, and the $14 billion drop on April 29, 2022, when Amazon's shares declined by 14%.

The Nasdaq 100 Index dropped by 2.4%, which negatively impacted the fortunes of other technology magnates, including Elon Musk and Oracle Corp.'s Larry Ellison. Musk’s net worth decreased by $6.6 billion, while Ellison's fell by $4.4 billion.

Concerns over potential Federal Reserve rate cuts, coupled with some notable earnings disappointments, have pushed the tech-heavy index into correction territory, erasing over $2 trillion in value in just over three weeks.

READ MORE: https://cinecritiquehub.com.ng/2024/08/03/worlds-richest-suffer-134-billion-loss-amid-market-turmoil/

On Friday, the US Justice Department filed a lawsuit against TikTok and its parent company, ByteDance, for failing to safeguard children's privacy on the social media platform.

The US government accused TikTok of breaching the Children's Online Privacy Protection Act (COPPA), which mandates that services directed at children must obtain parental consent before collecting personal information from users under the age of 13.

This lawsuit represents the latest in a series of US actions against TikTok and its Chinese parent company amid concerns that the platform improperly collects extensive data on American users for the Chinese government and influences content in potentially harmful ways.

The Federal Trade Commission (FTC) joined the lawsuit, aiming to halt what it described as TikTok's "unlawful massive-scale invasions of children's privacy."

READ MORE: https://cinecritiquehub.com.ng/2024/08/02/us-justice-department-sues-tiktok-and-bytedance/

On Friday, Turkey's national communications authority, BTK, blocked access to the Instagram social media network without providing an explanation, following allegations of censorship by a high-ranking Turkish official against the US-based company.

The BTK's brief statement on its website read, "instagram.com has been blocked by a decision on the date of 02/08/2024," offering no additional details.

The blockage led to widespread complaints from users in Turkey who found themselves unable to refresh their Instagram feeds, an issue confirmed by AFP journalists.

The move follows a recent outburst from Fahrettin Altun, the Turkish presidency's communications director, who accused Instagram of "impeding people from publishing messages of condolence for the martyr Haniyeh."

READ MORE: https://cinecritiquehub.com.ng/2024/08/02/turkey-blocks-instagram-access-without-explanation-or-indication-of-duration/

The Vice Chairman of Alimosho Local Government Area, Mr. Akinpelu Johnson, stated on Thursday that his decision to oversee the "End Hunger Protest" in the Egbeda area was driven by a desire to prevent any instances of lawlessness.

During an interview with the News Agency of Nigeria (NAN), Johnson explained that his actions were a precautionary measure to avoid a recurrence of the tragic events that transpired during the #ENDSARS protest on October 8, 2020.

Johnson, accompanied by several of his officials, was observed at the well-known Egbeda Bus Stop, closely monitoring the situation.

NAN reported that the Egbeda and Idimu areas of Lagos State remained peaceful, with only a few individuals seen going about their usual activities.

"By virtue of my position and as an indigene of this place, I am here to protect my people. We don’t want a repeat of what happened during the #ENDSARS protest years ago, when hoodlums took laws into their hands to loot properties of innocent citizens."

READ MORE: https://cinecritiquehub.com.ng/2024/08/01/endbadgovernanceinnigeria-lg-chairman-joins-protest/

Thousands have gathered for the funeral procession in Iran of Hamas political chief Ismail Haniyeh, who was killed in a strike in Tehran on Wednesday.

The somber event saw Iran's Supreme Leader, Ayatollah Ali Khamenei, leading the prayers for Haniyeh. Following the ceremony, Haniyeh’s body is set to be buried in Qatar.

The assassination has heightened tensions in the Middle East, with US media quoting Iranian officials who claim that Ayatollah Khamenei has ordered a direct attack against Israel, holding it responsible for the strike. Israel has not directly commented on the assassination.

However, Israeli Prime Minister Benjamin Netanyahu stated that his country had dealt “crushing blows” to its adversaries recently. This includes the killing of a senior Hezbollah commander in Lebanon just hours before the Tehran strike.

In a televised address, Netanyahu warned Israelis of "challenging days ahead," as the threat of broader conflict looms.

READ MORE: https://cinecritiquehub.com.ng/2024/08/01/massive-crowds-gather-in-iran-for-funeral-of-hamas-leader-ismail-haniyeh/

Manchester City has accepted a substantial £2 million ($2.6 million) fine after being sanctioned for delaying kick-offs in matches on 22 separate occasions over the past two seasons.

One notable instance occurred during the final game of last season when the Premier League champions delayed the start of the second half in their title-deciding clash against West Ham by two minutes and 46 seconds.

According to the Daily Mail, the fines levied against City ranged from £10,000 to £200,000. The lowest fine was imposed for their first offence, while the highest was for the delay in the West Ham game.

Manchester City is not the only Premier League club to fall afoul of this lesser-known regulation. In August 2023, Crystal Palace was fined £220,000 (£70,000 of which was suspended) for late kick-offs in two matches during the 2022-23 season.

READ MORE: https://cinecritiquehub.com.ng/2024/07/31/man-city-hit-with-2m-fine-despite-being-premier-league-champions/

The Paris Summer Olympics 2024 captivated a global audience with approximately 28 million viewers tuning in to watch the opening ceremony. The event has also attracted an estimated 16 million sports enthusiasts to the French capital, creating a vibrant and bustling atmosphere.

However, the task of securing Paris during such a significant event has proven to be a formidable challenge for French authorities, particularly given the heightened security concerns stemming from the ongoing conflicts in Gaza and Ukraine.

According to an Associated Press report, an impressive contingent of 45,000 police officers and 10,000 soldiers was deployed to ensure the safety of the opening ceremony.

What has been particularly noteworthy, however, is the French government's innovative use of artificial intelligence (AI) for surveillance.

As reported by Bloomberg Law, the AI system implemented for the Olympics employs an advanced algorithm to scrutinize CCTV footage from various locations throughout Paris.

READ MORE: https://cinecritiquehub.com.ng/2024/07/31/france-deploys-ai-surveillance-to-enhance-security-for-paris-olympics/

According to recent reports by The Athletic, the transfer of Romelu Lukaku to Napoli is poised to be a permanent move for the Belgian striker.

Meanwhile, negotiations are ongoing for a potential deal that would see Victor Osimhen move to Chelsea on a loan basis with an option to buy. The two clubs are working to finalize an agreement that would facilitate both players embarking on new challenges for the 2024-25 season.

One of the key obstacles in the negotiations is Osimhen’s substantial release clause, set at £110 million ($142 million).

This significant valuation has made discussions complex. Paris Saint-Germain (PSG) has also shown interest in signing the Nigerian forward. However, talks for a permanent transfer have stalled due to differing valuations between PSG and Napoli.

Adding fuel to the speculation about Osimhen’s future, Napoli manager Antonio Conte excluded him from a pre-season friendly against Egnatia.

READ MORE: https://cinecritiquehub.com.ng/2024/07/30/chelsea-negotiates-loan-for-victor-osimhen-as-napoli-pushes-for-permanent-transfer-of-romelu-lukaku/

Meta Platforms announced on Monday the launch of a new tool called AI Studio, designed to enable users to create, share, and design personalized AI chatbots.

This innovative platform will allow users to craft customized AI characters, offering a new dimension to user interaction and engagement on Meta's social media platforms.

AI Studio is set to revolutionize the way Instagram creators engage with their audience by allowing them to use these AI characters as extensions of themselves.

These AI characters can handle common direct message questions and respond to story replies, streamlining communication and enhancing user experience.

This model, which is the largest version of Meta's predominantly free artificial intelligence offerings released recently, supports multiple languages and boasts performance metrics that rival those of paid models from competitors like OpenAI.

READ MORE: https://cinecritiquehub.com.ng/2024/07/30/meta-ai-chatbots-meta-introduces-new-tool-for-instagram-influencers/

In a significant development, Kylian Mbappe is reportedly set to acquire a controlling stake in the French football club Caen.

According to Le Parisien, the star footballer will invest just under €20 million (£17 million/$22 million) to purchase the majority of the shares in the club. Pierre-Antin Capton will retain the remaining shares, valued at €5 million (£4.2 million/$5.4 million).

Mbappe, who recently became the highest earner at Real Madrid with a net wage of €15 million (£13 million/$16 million) per year, is making a significant financial commitment to Caen.

While his salary at Real Madrid represents a notable decrease from his previous contract with Paris Saint-Germain, he is set to receive a signing bonus exceeding €100 million (£84 million/$108 million) over the duration of his contract, compensating for the pay cut.

Additionally, Forbes has valued Mbappe’s endorsement deals at around $20 million (£16 million) as of early 2024, underscoring his substantial wealth.

READ MORE: https://cinecritiquehub.com.ng/2024/07/29/kylian-mbappe-purchases-his-own-team-becomes-club-ownership/

Chelsea FC has unveiled their new away kit while on their pre-season tour in the United States. The Blues will sport a striking 'guava ice' ensemble during their travels in the upcoming campaign.

This fresh kit design features a blue trim and a custom club crest, adding a modern twist to their traditional look.

According to Chelsea, the new away kit complements their home shirt, symbolizing "fire and the shared ambition, burning passion, and determination of the entire club to achieve success both on and off the pitch."

This design ethos captures the spirit and unity of the team, reflecting their collective drive towards excellence.

The new kit also pays homage to Chelsea's heritage by incorporating an orange crest with a blue background, reminiscent of past designs.

This blend of contemporary style and historical elements showcases the club's respect for its legacy while embracing a forward-looking approach.

READ MORE: https://cinecritiquehub.com.ng/2024/07/29/chelsea-unveils-guava-ice-away-kit-for-2024-25-premier-league-season/

The Minister of the Federal Capital Territory, Nyesom Wike, is actively engaging with Abuja youths and other stakeholders to dissuade them from participating in the planned nationwide protests scheduled for August 1 to 10, which are intended to address issues of hunger and hardship.

During a ministerial engagement with youths from the Abuja South Federal Constituency in Kwali Area Council of the FCT on Sunday, Wike emphasized the importance of maintaining peace and avoiding involvement in the protests.

Wike highlighted that similar engagements will be conducted with stakeholders in Bwari and Gwagwalada Area Councils in the coming days. The News Agency of Nigeria (NAN) reported that a previous interaction with stakeholders took place in the Abuja Municipal Area Council on Saturday.

The minister explained that the purpose of these interactions is to enlighten the youths and stakeholders about the potential negative consequences of protests and why they should refrain from joining them.

READ MORE: https://cinecritiquehub.com.ng/2024/07/29/wike-rallies-abuja-youths-against-nationwide-hunger-protests/

The Nigerian Meteorological Agency (NiMet) has issued a forecast predicting a series of thundery and rainy weather conditions across the country from Monday to Wednesday.

According to the weather outlook released on Sunday in Abuja, NiMet anticipates morning thunderstorms on Monday over parts of Kebbi, Katsina, Borno, Bauchi, and Taraba States.

Later in the day, thunderstorms are expected to continue in areas such as Zamfara, Taraba, Bauchi, and Kebbi states. Additionally, moderate rains are forecasted for parts of Nassarawa, Benue, the Federal Capital Territory, and Niger during the morning.

Moving into Tuesday, NiMet predicts morning thunderstorms over parts of Sokoto, Kebbi, and Zamfara. The afternoon and evening hours are expected to bring thunderstorms to Bauchi, Taraba, Zamfara, and Kebbi, with moderate rains anticipated over parts of Niger and Kwara States in the morning.

READ MORE: https://cinecritiquehub.com.ng/2024/07/28/nimet-forecasts-three-days-of-thunderstorms-and-rain-starting-monday/

On Friday, France, Italy, and five other European Union (EU) nations were formally placed under scrutiny for breaching the bloc's budgetary regulations.

This marks the beginning of a potentially unprecedented process that could lead to penalties unless these countries implement corrective measures.

The Council, representing the 27 member states, announced, "Today the Council adopted decisions establishing the existence of excessive deficits for Belgium, France, Italy, Hungary, Malta, Poland, and Slovakia."

This initiative, known as the "excessive deficit procedure," requires the implicated countries to negotiate a strategy with Brussels to align their debt or deficit levels with EU fiscal rules.

These seven nations had deficits exceeding three percent of their gross domestic product (GDP), contravening the bloc’s fiscal regulations.

France recorded a deficit of 5.5 percent in 2023. However, reducing this deficit may prove challenging due to political uncertainty following a snap election won by a left-wing coalition advocating for increased public spending.

READ MORE: https://cinecritiquehub.com.ng/2024/07/27/eu-enforces-budget-rules-on-france-and-5-other-nations/

On Thursday, OpenAI announced a significant development in the field of artificial intelligence by introducing its new search engine prototype, SearchGPT, designed to compete with Google's market-leading search engine.

The startup, known for its groundbreaking ChatGPT, is testing SearchGPT to harness the power of its AI models combined with real-time information from the web. This initiative aims to answer online queries swiftly and accurately while providing relevant sources.

In a blog post, OpenAI revealed that SearchGPT is currently available to a select group of users and publishers for feedback. The insights gathered from this trial phase will be used to refine the search features, which will eventually be integrated into ChatGPT.

According to the San Francisco-based company, users will engage with SearchGPT through conversational queries and can ask follow-up questions, mimicking a human-like interaction.

READ MORE: https://cinecritiquehub.com.ng/2024/07/26/openai-introduces-searchgpt-to-compete-with-google/

CrowdStrike, the cybersecurity firm responsible for last week’s significant global computer outage, has revealed that the disruption was caused by a flaw in its test software.

In a detailed incident report issued on Wednesday, the company explained that the problem originated from a bug in its content validation process. This bug led to one of the software updates being mistakenly approved and distributed despite containing problematic data.

The malfunction affected millions of Windows computers worldwide, leading CrowdStrike to announce that it will revise its approach to software updates to prevent similar issues in the future.

Specifically, updates of the type that caused the outage will now be rolled out in stages rather than all at once. This gradual deployment strategy will help identify potential issues before they impact a large number of users.

READ MORE: https://cinecritiquehub.com.ng/2024/07/24/crowdstrike-unveils-cause-of-widespread-global-tech-outage/

Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has taken a significant stand against cybercrime by removing 63,000 accounts associated with the notorious "Yahoo Boys" scam group. This decisive action was highlighted in Meta's Q1 2024 Adversarial Threat Report, released on Wednesday.

The removed accounts were implicated in various malicious activities, primarily financial sextortion scams and the distribution of blackmail scripts.

In a more targeted operation, Meta identified and disabled a smaller network of 2,500 accounts linked to about 20 individuals. These scammers primarily focused on adult men in the United States, using fake identities to perpetrate their schemes.

Meta's approach to identifying and disabling these fraudulent accounts involved a combination of advanced technical signals and thorough investigations.

This effort has significantly enhanced the company's automated detection systems, making them more robust against such threats.

READ MORE: https://cinecritiquehub.com.ng/2024/07/24/meta-removes-63000-accounts-in-major-yahoo-boys-scam-crackdown/

With Cristiano Ronaldo’s contract at Al-Nassr set to expire in the summer of 2025, there is growing speculation about his future. The 39-year-old football icon faces a pivotal decision: retirement or another potential move.

Meanwhile, Darragh MacAnthony, chairman of Peterborough United, has expressed his intentions to invest in the United Soccer League (USL), a tier below Major League Soccer (MLS).

He cites the growing allure of North American soccer, spurred by the presence of stars like Lionel Messi at Inter Miami, as a compelling reason for his interest.

Currently, Ronaldo and Messi are the leading figures in the Saudi Pro League and MLS, respectively. However, their future in the sport remains uncertain.

Messi's presence in the MLS, combined with the United States hosting the 2026 World Cup, is significantly boosting the sport's profile in the country. If Ronaldo were to join Messi in the MLS, it would likely cause another surge in the league's popularity.

READ MORE: https://cinecritiquehub.com.ng/2024/07/24/cristiano-ronaldo-to-follow-messi-to-mls/

The Central Bank of Nigeria's Monetary Policy Committee (MPC) has announced a significant increase in the benchmark lending rate, raising it to 27.65 percent. This decision was revealed by CBN Governor Olayemi Cardoso following the 296th MPC meeting held in Abuja on Tuesday.

The MPC has consistently adopted a stringent approach to control inflation since resuming its meetings earlier this year. This latest rate hike marks an increase of over 500 basis points from the previous rate of 26.25 percent set in May.

The aggressive monetary tightening reflects ongoing concerns over inflation, which surged to 34.19 percent in June, according to the National Bureau of Statistics.

The inflation rate has risen steadily, up by 0.24 percent from May's rate of 33.95 percent. On a year-on-year basis, the June 2024 headline inflation rate was 11.40 percentage points higher than the 22.79 percent recorded in June 2023.

READ MORE: https://cinecritiquehub.com.ng/2024/07/23/breaking-cbn-increases-interest-rate-to-27-65/

Brazilian international Neymar is currently on the path to recovery from knee ligament damage. Now signed with Saudi Pro League club Al-Hilal, his fitness issues have limited him to just five appearances since his transfer from Paris Saint-Germain.

At 32, Neymar is nearing the end of a challenging recovery journey.

Speaking on the Charla Podcast, Flamengo president Rodolfo Landim discussed Neymar's potential return to fitness and the possibility of him playing at the Maracana for Flamengo in the near future.

Landim shared, “I walk down the street and people ask me when I'm going to sign Neymar. And I say: ‘Guys, Neymar earns more per month than two Flamengo salaries. People don't realize the magnitude of things, the amounts involved.

The unofficial information is that he earns 70 million per month. I think Neymar is absolutely outstanding, a top player in the world. We have to see how he recovers, but I think he'll recover well because he's a light player. I met him in the locker room and he said he thinks he'll be back in full condition by mid-September.”

READ ALSO: https://cinecritiquehub.com.ng/2024/07/23/neymars-return-date-announced-as-flamengo-president-addresses-transfer-speculation/

Earlier on Monday, French sports daily L'Equipe reported that Paris Saint-Germain (PSG) are planning a bold move to sign Manchester United's talismanic midfielder, Bruno Fernandes, this summer.

The transfer pursuit was seen as part of PSG's efforts to fill the void left by Kylian Mbappe, who departed the club as a free agent to fulfill his long-standing dream of joining Real Madrid.

However, in a twist to the unfolding transfer drama, renowned football journalist Fabrizio Romano has refuted these claims.

According to Romano, the Ligue 1 champions are not actively pursuing a deal for the United skipper. Instead, PSG's focus has shifted towards securing the signature of Fernandes' compatriot and Portugal teammate, Joao Neves, who currently plies his trade at Benfica.

READ ALSO: https://cinecritiquehub.com.ng/2024/07/22/psgs-transfer-saga-bruno-fernandes-vs-joao-neves-amid-mbappes-departure/

On Monday, U.S. Vice President Kamala Harris lauded President Joe Biden’s legacy as "unmatched in modern history" during her first public address since Biden announced his withdrawal from the 2024 presidential race, subsequently endorsing her candidacy.

The unexpected announcement came after Biden, aged 81, ended his reelection campaign on Sunday.

Reports suggest that his decision followed growing concerns within the Democratic Party regarding his mental acuity and ability to defeat former President Donald Trump in the upcoming election.

Despite his decision to step down from the race, Biden remains committed to his duties as president and commander-in-chief until his term concludes in January 2025.

In a statement posted on X (formerly known as Twitter), Biden assured the nation of his continued leadership and indicated he would address the public later this week.

Biden’s endorsement of Harris marks a historic moment, as she becomes the first Black woman to run at the top of a major-party ticket in U.S. history. At 59, Harris brings a wealth of experience and a fresh perspective to the forefront of the Democratic campaign.

READ ALSO: https://cinecritiquehub.com.ng/2024/07/22/kamala-harris-applauds-bidens-unparalleled-legacy-as-she-steps-into-2024-presidential-race/

The Centre is set to play a pivotal role in developing standards and infrastructure for 6G networks globally, according to Dr. Neeraj Mittal, Secretary (Telecom).

Speaking at the inauguration of a centre of excellence on 6G at IIT-M Research Park in Chennai, Mr. Mittal emphasized that this initiative is a key component of the 'Bharat 6G Vision' document released by Prime Minister Narendra Modi in March last year.

Prime Minister Modi has envisioned India as a leading force in the design, development, and deployment of 6G technology by 2030.

Mr. Mittal highlighted that this initiative aims to foster a cohesive and coordinated effort to advance 6G technology, ensuring that all projects benefit from the collective expertise and resources available.

The newly inaugurated centre of excellence is a sub-centre of the Telecom Centres of Excellence (TCoE)-India, which will spearhead the development and deployment of 6G technology. This next-generation technology promises unprecedented speeds, ultra-low latency, and enhanced connectivity.

READ MORE: https://cinecritiquehub.com.ng/2024/07/20/centre-to-play-crucial-role-in-shaping-global-6g-networks-telecom-secretary/

CrowdStrike, a prominent cybersecurity company recently associated with a massive global IT outage, is widely recognized as a leader in its field.

Renowned for developing advanced software defenses tailored to the cloud computing era, CrowdStrike has also played a pivotal role in exposing cyber threats from nations such as Russia and North Korea.

Headquartered in Austin, Texas, CrowdStrike was founded in 2011 by George Kurtz, Dmitri Alperovitch, and Gregg Marston.

Both Kurtz and Alperovitch brought extensive experience in cybersecurity to the venture, having previously worked at companies like McAfee. In 2013, just two years after its inception, CrowdStrike introduced its flagship product, the Falcon platform.

A significant aspect of CrowdStrike's approach has been its "cloud-first" model. This strategy minimizes the computational demands on clients while providing enhanced protection.

Unlike traditional cybersecurity firms that focused predominantly on malware and antivirus solutions, CrowdStrike aimed to identify and thwart attackers and their methodologies.

READ MORE: https://cinecritiquehub.com.ng/2024/07/20/crowdstrike-things-you-need-to-know-about-the-cybersecurity-giant-behind-the-global-it-outage/