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Microsoft’s Discloses Expected $1.5bn Revenue Loss Due to Investments in OpenAI
Microsoft’s large-scale investment in OpenAI is starting to affect its financial results, revealing the depth of commitment required to sustain cutting-edge advancements in generative...
Nigerian Petroleum Marketers Move to Import Fuel As Pricing Rift With Dangote Refinery Lingers
In a bid to counter rising fuel costs, oil marketers in Nigeria have announced plans to import Premium Motor Spirit (PMS) at prices notably...
Nvidia to Replace Intel in Dow Jones Industrial Average
In a new feat that has added to its trajectory of milestones, Nvidia is set to replace Intel in the Dow Jones Industrial Average,...
Nigeria Opens Nine-Month Window for Deposits of Dollars Held Outside the Banks
The Nigerian government has introduced a nine-month dollar cash deposit program beginning October 31, 2024, in its latest attempt to stabilize the naira amidst...
Blackrock’s IBIT Bitcoin ETF records $875M of inflows Amid 1-inch DEX Hack
The world of cryptocurrency investment has witnessed a significant milestone with BlackRock's IBIT Bitcoin ETF recording an unprecedented $875 million of inflows. This event...