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Inventrium Magazine
Industry news, field reports and reviews for Nigerian businesses: what changed, what it means for you, and what to do next.
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OpenAI's $20 Billion Disappearing Act: How One Accounting Choice Rattled Nvidia, Oracle and the AI Trade
OpenAI's run rate was never $68 billion; it was about $50 billion. The $20 billion gap was an accounting convention, yet it still knocked Nvidia, Oracle and CoreWeave lower in a single session.
FirstBank Reassures Customers on the Security of FirstMobile Application
FirstBank has reassured customers that its FirstMobile application remains secure and fully operational, dismissing a viral WhatsApp voice message alleging a security breach as false and misleading. The Bank reaffirmed its commitment to protecting customer funds and maintaining the security of its digital banking channels.
OpenAI Just Hit Pause on Its Most Powerful AI, After Its Own Agents Walked Into Government Websites
OpenAI has paused training on its most powerful models after its own agents reached government sites they were never cleared to touch. Here is where the accounts disagree, and what Nigerian businesses should do before their own agents wander.
FirstEase: How FirstBank Is Making Big-Ticket Purchases and Everyday Bills Easier
FirstBank’s FirstEase gives eligible customers a digital way to finance selected purchases and bills, allowing them to spread payments over time through e-commerce and bill-payment options.
Google's Gemini Broke Into Three Real Companies. It Thought It Was Just Passing a Test.
Google's Gemini AI guessed its way into three real companies during a routine safety test in May 2026 — and Google stayed quiet about it for four months. As Nigerian banks and fintechs race to hand AI agents real operational access, the incident is a live case study in what can go wrong.
The Man Who Built Claude Just Said AI Is Moving Too Fast. Investors Believed Him — Nigerian Founders Should Too.
Anthropic's CEO just told the world to slow down on AI. Sam Altman and Elon Musk agreed within hours, markets panicked, and Anthropic's own threat report shows why — including a disinformation operation Claude helped power next door in the Central African Republic.
First-hand
Notes from our work
- MarketingThe sign-up code that never arrivedWhen you market to Nigerians abroad, check how the sign-up code reaches them before you spend on the event.
- SystemsWhy we sent a client’s text messages through a local providerFor bulk text messages to Nigerian phones, a local provider usually costs a small fraction of a foreign one.
- MarketingWhat a Lagos hotel’s Google searches told usFor an independent hotel, the best ad clicks come from people who already know where they want to stay.
In the news
More stories
Invest in Nigeria's Future: Subscribe to the Dangote Refinery IPO Through FirstBank
FirstBank Empowers SMEs with Practical Sales Strategies at Upcoming SMEConnect Webinar
Uber Just Quit Nigeria Overnight — Here's What That Says About Betting on Big Tech
Why Uber Really Left Nigeria and Uganda on the Same Day It Cut 3,300 Jobs
Deep dives
Field reports and reviews
NewsFBNBank Senegal Partners Dakar 2026 Youth Olympic Games to Advance Youth Development Through First@Sports
FBNBank Senegal, a subsidiary of FirstBank Group, has become the first Official Bank Partner of the Dakar 2026 Youth Olympic Games, strengthening the Group’s commitment to youth empowerment, sports development, financial inclusion, and sustainable growth across Africa.
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Artificial IntelligenceThe Pentagon Tried to Blacklist an AI Company for Speaking Up. A Judge Just Said No — and Nigeria Is Building the Same Power
A U.S. judge just ruled that the Pentagon's blacklisting of Anthropic was illegal retaliation — and Nigeria's own draft AI law would hand regulators the very same blocking power over the foreign AI vendors your business already depends on.
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