Cardoso ‘pleased’ with naira recent stability, says worst days over
Nigeria’s Central Bank governor, Olayemi Cardoso, says he’s “relatively pleased” with the naira’s recent stability. In an interview with Bloomberg TV on…
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Neurotech Paradromics to begin human trials for brain implant in 2025
Alex Omenye Neurotech startup Paradromics has disclosed plans to commence human trials for its brain implant in 2025, intensifying the competition in…
Standard Chartered to fund key Nigerian infrastructure projects — Wale Edun
The coordinating minister of the economy and finance, Wale Edun has announced that Standard Chartered Bank has expressed interest in financing key…
NOTAP to prosecute firms using imported technologies without its evaluation
The National Office for Technology Acquisition and Promotion has said it would penalize and prosecute Nigerian companies that are importing technologies without…
Dangote’s aniticipated july petrol supply face delay amid crude shortage
Dangote Oil Refinery’s highly anticipated entry into the petrol supply market in July may be delayed due to crude oil scarcity, according…
Paramount Global to raise subscription rates
Paramount Global announced on Monday that it will raise subscription rates for its flagship streaming services. This move comes as part of…
Obi offers measures to prevent exit of multinational companies from Nigeria
The 2023 Labour Party presidential candidate, Peter Obi, has voiced concerns over the alarming rate at which multinational companies are exiting Nigeria.…
Nigeria’s terms of trade dips 0.12% – NBS
In the first quarter of 2024 (Q1’24), all commodity terms of trade (ToT) fell by 0.12 percentage points, while imports grew by…
Apple denies talks with Meta over AI partnership
Apple has declined proposals from Meta to integrate Meta’s AI chatbot into the iPhone, Bloomberg News reported on Monday. According to the…
Shopify expands AI-powered features to attract more businesses
Shopify has made its artificial intelligence-powered tools, including the Sidekick assistant and image-generation feature, available to more users as of Monday. This…
BDC operators struggle with new CBN rules, call for clarification
The Bureau De Change operators in the country have yet to comply with the new guidelines for their operations, which were announced…
Flutterwave lays off workforce amid strategic shift
Alex omenye African payments giant Flutterwave has laid off about 30 employees, approximately 3% of its workforce, as part of a strategic…