Samuel Nwite
AUTHOR: Samuel Nwite
Chipmaker Groq Nears $6bn Valuation with Fresh $600m Raise Amid Growing AI Hardware Momentum
AI chipmaker Groq is on track to close a major funding round that would raise approximately $600 million, boosting its valuation to nearly $6...
India Overtakes China as Top Smartphone Exporter to U.S., Fueled by Apple’s Supply Chain...
India has emerged as the leading exporter of smartphones to the United States for the first time, overtaking China in a sweeping shift driven...
Trump’s $750bn Energy Deal with EU Faces Doubts, Non-Binding Pledges Cloud Implementation
President Donald Trump’s landmark $750 billion energy pact with the European Union, touted as a historic reorientation of transatlantic trade, is already facing skepticism...
Dangote Refinery Drops N100bn Import License Lawsuit Against NNPCL Amid Mounting Monopoly Allegations
The Dangote Petroleum Refinery has formally withdrawn its N100 billion lawsuit challenging the issuance of fuel import licenses to competitors, including the Nigerian National...
IMF Raises Nigeria’s 2025 Growth Forecast to 3.4% as Economy Shows Resilience Amid Global...
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2025 to 3.4%, signaling renewed confidence in Africa’s largest economy despite domestic...