The President of the African Development Bank Group (AfDB), Dr Akinwumi Adesina, has unveiled plans to allocate a substantial $1 billion in financing for the expansion...
Changes in the economic landscape following fuel subsidy removal and escalating living costs have bolstered Nigerian banks’ personnel expenses by N589.88 billion in the first nine...
In a strategic move to adhere to the Central Bank of Nigeria’s (CBN) regulatory requirements, the country’s Deposit Money Banks (DMBs) and merchant banks have collectively...
The Worldcoin digital token, associated with Sam Altman’s World ID project, has experienced significant volatility following the recent upheaval in Altman‘s professional journey. The token which...
In the aftermath of OpenAI’s surprising move to oust CEO Sam Altman, the company’s interim Chief Executive Officer, Mira Murati, is in discussions to bring back...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 20th, 2023, the dollar...
Oil prices surged on Monday amid expectations that OPEC+ might deepen supply cuts to stabilize prices. Brent crude oil, against which Nigerian oil is priced, rose...
OpenAI, the influential artificial intelligence research laboratory, has announced a significant leadership change as CEO Sam Altman steps down. This move comes as a result of...
Nigeria’s manufacturing sector recorded a 88.17% Year-on-Year increase in total capital inflow in the first half of 2023, according to data from the National Bureau of...
Africa’s leading commodities player, AFEX, unveiled its 2023 Crop Production report in Abuja on Thursday, predicting a surge in commodity prices attributed to declining production and...
