UK Regulator Launches Probe Into Microsoft’s AI Deals
Microsoft has acquired AI talent, including Mustafa Suleyman, in a $650 million deal, sparking scrutiny and a CMA investigation.
Microsoft has acquired AI talent, including Mustafa Suleyman, in a $650 million deal, sparking scrutiny and a CMA investigation.
Founder of Feedup Africa,Jinmi Ajayi, has raised concerns over farmers’ smartphone access, urging cautious rollout of web applications.
The UN 2024 digital economy report has called for urgent environmentally sustainable and inclusive digitalisation strategies.
Dangote has announced plans to reach $30bn in revenues by 2025, aiming for independence in forex sourcing from the CBN.
Dangote has announced that his fertilizer and petrochemical divisions will be listed on the stock exchange latest Q1 2025.
Annual inflation rate has surged by 11.40% points to 34.19% in June 2024, highest in over a year.
“About 40% of what is adjudged crude oil theft actually are attributable to metering inaccuracies,” says NUPRC boss Gbenga Komolafe.
Stakeholders have called for comprehensive crypto regulation in Nigeria to boost interest and investment, while mitigating associated risks.
“Our agreement with the NNPC was for 20%, but they failed to pay the remaining balance last year,” says Dangote.
The NDIC has reported difficulties with verifying BVNs of corporate customers from Heritage Bank following its licence revocation.
“Loan recovery is a competitive process, like fighting for pocket share,’ Bfree’s Enyi said, emphasising flexible approach to repayment.
Dangote Refinery has initiated tender to buy 6 million barrels of US crude, increasing American feedstock inflows significantly.
CBN’s Cardoso says ongoing recapitalisation process would build a resilient banking sector capable of withstanding future economic shocks.
Financial Derivatives CEO Bismarck Rewane says debt accumulation is not inherently bad but misuse can trap Nigeria in economic instability.
Nigeria has announced a $250 million green bond issuance for climate projects in September 2024 to attract private investors.
The African Petroleum Producers’ Organisation has urged member countries to contribute $83 million each towards establishing the Africa Energy Bank.
IONNA plans to install 30,000+ charging ports in North America by 2030, expanding EV infrastructure significantly.
Microsoft confident in OpenAI’s direction has dropped observer seat amid regulatory scrutiny over $10 billion investment and control concerns.
NNPC is negotiating a $2 billion loan, backed by crude oil, to enhance its finances and support production, Reuters says.
Gillis-Harry has warned that rising petroleum prices could reduce Nigerians’ buying power, impacting retail outlet owners.
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