BIG TECH RAMPS UP LIVING ROOM RIVALRY AS INSTAGRAM LAUNCHES REELS APP FOR TVs . (PHOTO).

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Big Tech ramps up living room rivalry as Instagram launches Reels app for TVs  The battle for the future of television is intensifying, and Meta is making its move. The company announced the launch of an Instagram Reels app for connected TVs, starting with Amazon Fire TV devices. The app aims to bring Reels directly to the living room, allowing users to watch short-form videos on a larger screen alongside friends and family. Tessa Lyons, Instagram’s VP of product, explained that research showed people were already mirroring their phones to TVs to view Reels, signaling a demand for a dedicated TV experience. The new app is designed to make that experience seamless, with features like Blend, which lets users combine their algorithms with those of friends or family for co-viewing, and support for channels and categories for easier content discovery. The move represents a significant shift in the entertainment and digital advertising landscape. Meta CEO Mark Zuckerberg reported that Re...
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CBN STICKS TO PRESIDENTIAL DIRECTIVE TO REISSUE ONLY 200 NAIRA OLD BANKNOTES. (PHOTO).#PRESS RELEASE.

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CBN Sticks to Presidential Directive to Reissue only 200 Naira Old Banknotes.



www.cn.gov.ng

Central Bank of Nigeria

Press Release


CBN Sticks to Presidential Directive to Reissue only 200 Naira Old Banknotes


The attention of the Central Bank of Nigeria has been drawn to a FAKE PRESS RELEASE

purported to have emanated from the Bank to the effect that President Muhammadu Buhari

has approved the reissuance and release of old N500 and N1000 notes as legal tender in

the county.


For the avoidance of doubt, the Central Bank of Nigeria reiterates that in line with the

directives of Mr. President, only N200 old notes are to be reissued and to circulate

concurrently with the new notes. Members of the public are therefore advised to ignore this

fake news.


The Bank is working with the law entorcement agencies to investigate, apprehend and


prosecute the purveyors of this fake news.


Please be guided accordingly.


CumA


Edward L. Adamu


Osita Nwanisobi


Deputy Governor, Corporate Services


Director, Corporate Communications


February 21, 2023


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