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Nigeria’s Central Bank orders Money Transfer Operators (IMTOs) to pay out FX inflows only...
The Central Bank of Nigeria (CBN) has rolled out new guidelines mandating that transfers made through international money transfer operators (IMTOs) will now be...
Nigeria’s food crisis: Niger State moves to enact price control law
The government of Niger State is making strides toward curbing food inflation by considering the implementation of a price control law, with a bill...
OpenAI On the Path to Fortune 500 Due to Increasing Revenue
I am very jealous of how American entrepreneurs keep sending companies to Fortune Global 500 all the time while we’re just here reporting and...
ChatGPT’s OpenAI Hits $2 Billion Revenue Milestone
Report from the Financial Times has revealed that the revenue of ChatGPT maker, OpenAI, has hit a remarkable $2 billion in revenue.
The company is...
Dollar supply drops by 6.13%, Pushing naira down to N1,479.47/$1 in NAFEM
Nigeria's foreign exchange (FX) market witnessed a downturn as the Naira depreciated against the dollar on Thursday, compounding its downward spiral that has put...






