Sun Africa LLC, a global entity dedicated to supporting Africa’s energy needs, has announced a commitment of approximately $2.2 billion for the development of Nigeria’s power...
OpenAI’s board has selected Emmett Shear, the former CEO of Twitch, as the new chief executive officer, rejecting the demands of major investors, including Microsoft and...
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, announced plans for the in-country production of 2,000 tractors annually. The minister emphasized that this initiative...
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...