In a report released by the FMDQ Exchange, the value of foreign exchange traded by authorised…
Business News
Adobe and other companies join the White House’s AI pledges
On September 12th, Adobe, IBM, Nvidia, and five other companies signed President Joe Biden’s voluntary commitments…
Olam Group refutes $50 billion Nigerian forex fraud accusations, faces stock price decline.
Olam Group has refuted two press stories that claimed its Nigerian businesses and operations were complicit…
Alibaba’s former CEO unexpectedly leaves the cloud unit in the midst of momentous restructuring.
Daniel Zhang, the outgoing chairman and CEO of Alibaba, has quit his position running the company’s…
US and Vietnam companies convene a business summit during Biden visit; New AI deals exposed.
As part of U.S. President Joe Biden’s visit to Hanoi, top executives from American and Vietnamese…
Nigeria’s Telecommunications Industry Takes a Hard Hit as it Loses 4.95 Million Mobile Phone Subscribers
In the first five months of 2023, Nigeria lost 4.95 million mobile contracts. In May…