Samuel Nwite
AUTHOR: Samuel Nwite
CBN Orders Instant ATM Refunds, Tightens Oversight on Banks and Payment Operators
The Central Bank of Nigeria (CBN) has issued new draft guidelines mandating banks to provide instant refunds for failed Automated Teller Machine (ATM) transactions,...
Nigeria’s Public Debt Hits N152.4tn as Weak Naira, Borrowing Costs Deepen Fiscal Strain
Nigeria’s total public debt has climbed to N152.40 trillion as of June 30, 2025, according to new data from the Debt Management Office (DMO)....
CBN Gov. Confirms AI Adoption in Nigeria’s Monetary Policy, Says Crypto Guidelines Coming Soon
Nigeria’s Central Bank Governor, Yemi Cardoso, has confirmed that the bank has officially adopted artificial intelligence (AI) in its monetary policy framework, particularly for...
Applied Digital Shares Soar 16% as Explosive AI Demand Fuels $11bn Lease Expansion and...
Applied Digital Corp. shares surged 16 percent on Friday after the company reported a powerful first-quarter performance driven by surging demand for artificial intelligence...
Apple Shuts Down Its Clips Video Editing App, in an End of an Era...
Apple has quietly retired its Clips video editing app, bringing to a close one of its longest-running experiments in short-form video creation.
The app, which...