Samuel Nwite
AUTHOR: Samuel Nwite
UBA Extends Rights Issue Deadline, Seeks Stronger Shareholder Uptake Ahead of CBN Recapitalization
United Bank for Africa (UBA) Plc has extended the application period for its ongoing rights issue, shifting the deadline from Friday, 5th September 2025,...
Goldman Sachs Warns AI Stock Rally Hinges on Big Tech Spending
A sharp surge in artificial intelligence spending by America’s largest technology companies has propelled U.S. equities to fresh records. Still, Goldman Sachs analysts caution...
Nigeria Customs Introduces $300 Duty-Free Threshold to Boost E-Commerce and Trade
The Nigeria Customs Service (NCS) has announced a new De Minimis policy that will allow duty-free clearance for imported goods valued at $300 or...
OpenAI Hires Team Behind AI-Powered Xcode Tool Alex in Latest Acqui-Hire Move
Acqui-hires are fast becoming a staple of Silicon Valley’s AI arms race. The latest example came Friday, when the small team behind Alex —...
Qualcomm CEO Says Intel “Is Not An Option Today”, Putting Chipmaker’s Comeback in the...
Qualcomm’s CEO Cristiano Amon handed Intel a blunt reality check on September 5 when he told Bloomberg that Intel “is not an option today”...