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Global Generative AI App Downloads Hit 1.5 Billion In 2024
The adoption of generative artificial intelligence (AI) applications has seen a remarkable surge, with downloads…
Posted inBusiness Picked for you Start Up
Investor Confidence Grows As African Startups Attract $3.2bn In 2024
African startups secured $3.2 billion in equity and debt funding in 2024, marking a 7%…
Posted inBusiness Editorials Picked for you
Nigeria’s Rising Interest Rate Spread Could Stifle GDP Growth by 30%
Economic experts have warned that Nigeria’s widening interest rate spread—the difference between loan and deposit…
Posted inBusiness Editorials Picked for you
Naira Strengthens to Seven-Month High at N1,485.95 on CBN Policy Reforms
Nigeria’s currency, the naira, surged to a seven-month high on Thursday, trading at N1,485.95 per…
Posted inBusiness Picked for you Start Up
Bento CEO Quits Under Investigation By EFCC, LIRS, Surrenders Ownership
Ebun Okubanjo, co-founder and CEO of Bento Africa, has stepped down from his role amid…
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Toyota Leads Global Car Sales For Fifth Year
For the fifth consecutive year, Toyota Motor Corporation maintained its position as the world’s best-selling…
Posted inBusiness Editorials Picked for you
Nigeria’s 5G User Base Surpasses 4 Million in Two Years
The number of Nigerians using 5G services has exceeded 4 million, just two years after…
Posted inBusiness Editorials Picked for you
BDC Operators Explore Mergers to Meet CBN Recapitalization Deadline
Bureau De Change (BDC) operators in Nigeria have begun discussions on mergers and acquisitions as…
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Dollar Depreciates In Forex Market Following CBN’s New Policy
The Naira experienced a fast appreciation in the foreign exchange (FX) market following the Central…
Posted inBusiness Picked for you Start Up
Stitch Moves Toward Market Expansion With ExiPay Acquisition
Stitch, a South African fintech startup specializing in online payment infrastructure for enterprises, has acquired…