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Nigeria Senate Approves Tinubu’s $2.2bn Loan Request Amid Growing Debt Concerns
The Nigerian Senate has approved President Bola Tinubu's request for a fresh N1.77 trillion ($2.2 billion) external loan to partially finance the country's N9.7...
Business Spending on AI Surged 500% in 2024 – Report
According to a new report by Menlo Ventures, business spending on generative Al experienced a massive 500% increase this year, soaring from $2.3 billion...
Tekedia Capital Welcomes Conductor Quantum
Conductor Quantum is building quantum computers on silicon chips by developing AI software to create qubits (the basic information unit in quantum computing, analogous...
Nvidia Posts Record 94% Growth in Q3, Beating Estimates as AI Revolution Fuels Chips’...
Nvidia Corp. reported unprecedented growth for its fiscal third quarter, with surging revenue and profit driven by the explosive global demand for AI-focused GPUs.
The...
Recapitalization: Nigerian Banks Raised N1.7tn Through e-offerings – SEC DG
The Securities and Exchange Commission (SEC) has disclosed that Nigerian banks have raised approximately N1.7 trillion through electronic offerings (e-offerings) as part of their...