Samuel Nwite
AUTHOR: Samuel Nwite
Nigeria Secures $1.1bn AfDB Loan to Provide Electricity for Five Million People
In a bid to address Nigeria’s worsening electricity crisis, the Federal Government has secured a $1.1 billion loan from the African Development Bank (AfDB)...
Geregu Power Records 71% Profit Surge, Highlighting the Untapped Potential in Nigeria’s Power Sector
Geregu Power Plc, Nigeria’s first publicly listed electricity generation company, has reported a record-breaking 71% increase in profit after tax to N27.4 billion for...
Microsoft Incorporates DeepSeek Into Its Azure Cloud and Github, Expanding AI Offerings
In a move that signals a shift in its artificial intelligence strategy, Microsoft has made Chinese startup DeepSeek’s R1 AI model available on its...
Tesla Recorded 70% Earnings Decline in Q4 As Trump’s Anti-Green Policies Threaten Growth
Tesla, once the undisputed leader in electric vehicles (EVs), is now struggling with slowing sales, growing competition, and an increasingly hostile policy environment under...
Short Sellers Reap Record $6.6bn Profits On Bets Against Nvidia As DeepSeek’s AI Shakes...
Short sellers of artificial intelligence (AI)-related stocks reaped massive profits after the debut of low-cost AI models from China's DeepSeek sent shockwaves through Wall...