Samuel Nwite
AUTHOR: Samuel Nwite
First Bank Holding Plc Proposes N300bn Capital Raise, Seeks Shareholders Approval
First Bank Holding Plc, a prominent player in Nigeria's banking sector, is set to embark on a substantial capital-raising endeavor, with plans to seek...
Nigeria’s Central Bank Boosts Naira Performance with $10,000 Sale to BDCs
In a fresh bid to boost the Nigerian naira's performance in the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) has issued...
US to Provide $6.6bn in Grants and Loans to TSMC for Arizona Expansion
In another move aimed at boosting domestic chip production, the United States has announced plans to award Taiwan Semiconductor Manufacturing Co. (TSMC) with $6.6...
Canada Pledges $1.8 Billion to Supercharge Artificial Intelligence Sector
Canada has unveiled a groundbreaking C$2.4 billion ($1.8 billion) initiative aimed at turbocharging its artificial intelligence (AI) sector. Spearheaded by Prime Minister Justin Trudeau,...
Survey: 41% of Senior Executives Expect AI Implementation to Lead to Workforce Reductions
In a survey conducted among senior executives from 2,000 large companies worldwide, a striking 41% revealed their anticipation of a smaller workforce within the...