Intel CEO Pat Gelsinger retires, company appoints interim Co-CEOs
Intel has announced the retirement of CEO Pat Gelsinger, effective December 1, 2024. Gelsinger has stepped down from his role as CEO…
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OpenAI considers ads on ChatGPT
OpenAI is reportedly exploring the possibility of incorporating advertisements into its business model, Financial Times reported. CFO Sarah Friar confirmed that the…
DMO unveils FGN bonds offer for December
The Federal Government has opened subscriptions for the December 2024 issuance of the FGN Savings Bonds through the Debt Management Office. The…
Creditors tells FG to repay ₦12bn loan borrowed by civil servants
The Humanity Development and Empowerment Organisation has called on the federal government to repay the ₦12 billion borrowed by civil servants. In…
Nigeria’s eurobond sale to see strong demand – RMB
Nigeria has returned to the eurobond market for the first time in over two years to address its fiscal deficit. An analyst…
US sanctions disrupt Iran-China oil trade
The United States has expanded sanctions on tankers transporting Iranian crude, disrupting the flow of oil to China, Iran’s largest customer. The…
CBN to retire 1,000, offers N50bn for severance pay
The Central Bank of Nigeria is set to retire around 1,000 of its employees by the end of the year, according to…
Sweden to hit highest bankruptcy level since 1990s – Report
Swedish bankruptcy levels are projected to surpass 10,000 this year. This figure has not been seen since the 1990s financial crisis, which…
FG to unveil national youth unemployment benefits scheme
The federal government is preparing to launch a groundbreaking National Youth Unemployment Benefits Scheme to address Nigeria’s persistent unemployment crisis. The Minister…
NITDA, JICA partner to train 185 startups, 37 innovation hubs
The National Information Technology Development Agency, in partnership with the Japan International Cooperation Agency, has launched the iHatch Cohort 4 programme to…
CBN to launch new website today
The Central Bank of Nigeria has officially launched its redesigned website today, December 2, 2024. In a statement signed on Sunday, by…
NDIC urges AI adoption to strengthen fraud detection in banks
The Managing Director and CEO of the Nigeria Deposit Insurance Corporation, Mr. Bello Hassan, has called for the integration of Artificial Intelligence…