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Microsoft Delays Controversial AI Recall Feature Amid Security Concerns

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Microsoft has announced that it will not be releasing its controversial AI Recall feature with its upcoming updates next week. The feature, which takes screenshots of users’ laptops every few seconds, has come under scrutiny from the Information Commissioner’s Office due to security concerns.

In a blog post on Thursday, Microsoft stated that Recall will not be “broadly available” from June 18 on Copilot+ PCs. Instead, it will be released to the Windows Insider Programme testing group “in the coming weeks.”

“This decision is rooted in our commitment to providing a trusted, secure, and robust experience for all customers and to seek additional feedback,” said Pavan Davuluri, a vice president at Microsoft.

The delay follows warnings from cybersecurity experts about the potential risks of the feature. Muhammad Yahya Patel, lead security engineer at Check Point, described the feature as a “grab and go” target for criminals. “With Recall, [criminals] will essentially have everything in a single location,” Patel explained, emphasizing the risk of a “one-shot attack.”

Recall is designed to leverage artificial intelligence and “photographic memory” to help users easily find and remember things they’ve seen using natural language. For instance, a user shopping online for a red lamp could later search “red lamp” in Recall, which would pull up relevant screenshots and links to the websites they visited. The feature also searches through pictures, documents, presentations, and files on the user’s laptop and suggests possible actions related to their search.

However, the potential for misuse by hackers has raised significant concerns. “As a [hacker], the first thing I’d do is go and look at all the screenshots of what you’ve been doing recently to understand your behavior,” noted Charlie Milton, a vice president at cybersecurity firm Censornet.

In response to these concerns, Microsoft has implemented additional security measures for Recall. One such measure is a “just in time” decryption tool, ensuring that Recall snapshots are only decrypted and accessible when the user authenticates themselves.

On Thursday, Microsoft President Brad Smith faced questioning in the US Congress regarding recent security breaches involving Russian and Chinese hackers. Smith informed Congress that Microsoft will now link executive bonuses to cybersecurity performance and integrate security considerations into every employee’s performance evaluations.

The delay in releasing the Recall feature underscores Microsoft’s ongoing efforts to balance innovation with security and user trust. As the company continues to address the feedback and concerns raised by both experts and users, it remains to be seen how the feature will evolve before its eventual broader release.

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Business

CBN Restores BDC Access to FX Market, Caps Weekly Purchases at $150,000

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By Huldah Shado

The Central Bank of Nigeria (CBN), has approved the participation of licensed Bureau De Change (BDC), operators in the Nigerian Foreign Exchange Market (NFEM), allowing each BDC to purchase up to $150,000 weekly.

The approval was contained in a circular dated February 10, 2026, signed by the Director of the Trade and Exchange Department, Dr. Musa Nakorji, and addressed to authorised dealer banks and the general public.

The CBN said the move is aimed at improving foreign exchange liquidity in the retail segment of the market and meeting the legitimate needs of end users, amid a widening gap between the official and parallel market exchange rates.

Under the new arrangement, licensed BDCs can access foreign exchange from the NFEM through any authorised dealer bank of their choice at the prevailing exchange rate.

The apex bank directed banks to carry out full Know-Your-Customer (KYC), and due diligence checks on BDC clients before selling foreign exchange to them.

It also imposed reporting and transparency requirements, mandating BDCs to submit returns electronically to the CBN.

In addition, the bank prohibited third-party transactions and limited cash settlement to a maximum of 25 per cent of each transaction.

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Abuja Reports

Ultraviolet MFB MD Visits Equity Circle, Eyes Strategic Partnership

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By Samson Adeyanju 

The Managing Director and Chief Executive Officer of Ultraviolet Microfinance Bank, Bayonle Omoyele, has paid a working visit to Equity Circle, one of Abuja’s fast-growing real estate companies, as part of efforts to strengthen strategic partnerships within Nigeria’s real estate sector.

During the visit, Equity Circle’s Co-Founder and Chief Marketing Officer, Fabian George, conducted Omoyele on a tour of the company’s facilities and outlined its growth trajectory.

He disclosed that the firm recorded significant milestones over the past four years, culminating in an ₦8 billion revenue in the 2025 financial year.

Discussions between both parties focused on establishing a strategic credit relationship, with proposed areas of collaboration including invoice discounting, structured credit solutions, and cash-flow management support to help Equity Circle sustain and scale its operations.

Addressing Equity Circle staff during an interactive session, Omoyele emphasised the importance of strong marketing fundamentals, highlighting the 4Ps of marketing-Product, Price, Place, and Promotion, as key drivers of long-term competitiveness and brand leadership.

He also urged the team to adopt a long-term growth mindset, remain focused, and ensure that every unit contributes meaningfully to the organisation’s strategic goals, noting that disciplined execution is critical in Nigeria’s evolving real estate market.

The visit underscores Ultraviolet Microfinance Bank’s commitment to supporting high-growth enterprises through tailored financial solutions and partnerships that promote sustainable economic development.

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Moniepoint Strengthens Africa’s Tech Talent Pipeline with DreamDevs Cohort 2

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By Omoniyi David

Moniepoint Inc has reaffirmed its commitment to building Africa’s technology talent pipeline, announcing the opening of applications for the second cohort of its flagship DreamDevs initiative.

Co-Founder and CTO Felix Ike described DreamDevs as a programme that equips recent graduates with industry-ready skills and hands-on experience to bridge the continent’s tech talent gap.

“The success of our first cohort validated that Africa’s young tech talent can compete globally. This year, we aim to convert half of our participants into full-time employees,” Ike said, adding that the initiative creates sustainable career pathways that drive Africa’s digital economy.

DreamDevs complements Moniepoint’s other talent development programmes, including HatchDev, in collaboration with NITHub, University of Lagos, which trains about 500 specialised developers annually, and the Women-in-Tech programme, now in its fifth year.

The initiative also aligns with the Federal Government’s 3 Million Technical Talent (3MTT), programme, with Moniepoint serving as a key sponsor, offering graduates a specialised pathway from training to employment.

DreamDevs underscores Moniepoint’s broader mission to leverage technology to empower Africa’s youth and advance the continent’s digital economy.

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