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Big Tech’s AI Spending Surges to $240bn, Remaking Industries
In a world increasingly defined by artificial intelligence, the tech giants—Microsoft, Meta, Alphabet, and Amazon—are sparing no expense in their quest for dominance. Their...
Nigeria’s Foreign Debt Servicing Cost Skyrockets by 107.7%, Exceeding 2024 Budget Projections
Nigeria’s fiscal woes have deepened as the cost of servicing foreign debt surged by 107.7% in the first eight months of 2024, reaching an...
Nigeria’s Inflation Rate Surges to 33.8% in October 2024 Amid Rise in Cost of...
Nigeria's headline inflation accelerated in October 2024, reaching 33.8%, up from 32.7% in August, according to the National Bureau of Statistics (NBC).
On a month-on-month...
Donald Trump, Elon Musk and the Evolving Value of X (Twitter)
Is X (yes, Twitter) worth the $44 billion that Elon Musk paid when he took it private?
In the past, I had argued that he...
Dangote Refinery Reaches 60m Liters of Petrol Per Week Agreement with Marketers
The Dangote Petroleum Refinery has taken a major step in transforming Nigeria’s fuel supply chain by partnering with the Independent Petroleum Marketers Association of...