AfDB,EBID sign loan agreement for $50 million and €50 million to strengthen regional food security
By Onome Amuge. The African Development Bank Group (AfDB) and the ECOWAS Bank for Investment and Development (EBID) have signed an
Nigeria PMI expands 0.9% to 51.1 as private business activities expand in September
By Onome Amuge. Nigerian private sector business activity expanded slightly in September, a reversal from the contraction in August,
Nigerian develops AI-powered writing app, LexiGenius to enhance future of writing
By Onome Amuge. In recent years, there has been a growing trend of Nigerians using AI and machine-based applications that are rapidly
Gold tumbles to worst week since 2021 on Fed hawkish stance
By Onome Amuge. Gold began the year on a bullish territory as it rose over 13 per cent in the first five-month period. However, the
Report Shows 94% adware detection rate, putting Nigeria on list of most vulnerable countries
By Onome Amuge. Kaspersky has identified Nigeria as one of the most vulnerable countries to mobile cyber threats in the world as
Reprieve for cement consumers as BUA Cement crashes ex-factory price 24.7% to N3,500
By Onome Amuge BUA Cement PLC has led the charge towards making cement affordable for consumers, especially those in the building and
UBA sets new benchmark to emerge Nigeria’s most profitable bank in HI’23
By Onome Amuge The United Bank of Africa (UBA) has emerged the most profitable bank in Nigeria so far in 2023 as its key financial
Oil prices surge to highest quotations in 2023 amid supply concerns
By Onome Amuge. Global oil prices jumped to their highest settlement price of 2023, following a ‘larger-than-expected’ slump in US
IMF charges Nigeria, others on fiscal policy restructuring as debt crisis looms
By Onome Amuge. The International Monetary Fund (IMF) has advised policy makers in sub-Saharan Africa including Nigeria, to re-anchor
YouTube Shorts surpasses 70bn daily views as YouTube unveils GenAI products for creators
By Onome Amuge. YouTube Shorts, the short-form section of the video-sharing website YouTube, has reached over 70 billion daily reviews