Category: News

Bitcoin holds firm above $105K amid Trump-Musk feud

The global cryptocurrency market showed signs of steadying on Monday, June 9, after a week...

US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador

Trade between the United States and Nigeria has surged to nearly $13 billion in 2024,...

China’s Rednote releases open-source AI model

Chinese social media giant Rednote, widely known by its Chinese name Xiaohongshu, has released its...

AU faults Fitch’s downgrade of Afreximbank

The African Peer Review Mechanism has criticised the recent downgrade of the African Export-Import Bank...

Nigerian stock market gains N1.81tn in bullish week amid Eid break

The Nigerian Exchange ended the first week of June on a bullish trajectory, adding a...

Africa to launch credit rating agency by September

A new Africa-led credit rating agency, the African Credit Rating Agency, is set to launch...

US court jails Nigerian hacker for $2.5m identity theft

A United States court has sentenced a Nigerian national, Kingsley Utulu, to five years and...

NGX targets NNPC, Dangote Petrochemicals for listing

The Nigerian Exchange Group has revealed plans to pursue new listings across key sectors, with...

Marketers endorse digital platform to boost transparency in fuel pricing

The Petroleum Products Retail Outlets Owners Association of Nigeria has officially endorsed Petroleumprice.ng as the...

NITDA opens applications for GITEX Nigeria 2025 

The National Information Technology Development Agency has launched a call for applications for the GITEX...

Amazon cuts jobs in books division amid broader efficiency push

Amazon has laid off a small number of employees in its books division, including staff...

Elon Musk’s xAI projects $13bn in annual earnings by 2029

Elon Musk’s artificial intelligence venture, xAI, expects to generate more than $13 billion in annual...