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World Bank Criticizes ‘Ineffective’ CBN’s OMO Strategy, Urges Policy Reforms Ahead of MPC Meeting
The World Bank has taken a rare swipe at the Central Bank of Nigeria’s (CBN) monetary tightening strategy, specifically questioning the effectiveness of its...
Klarna’s 40% Workforce Cut Tied to AI Push and Natural Attrition Ahead of Delayed...
Klarna, the Swedish fintech giant known for its buy-now-pay-later services, has drastically cut its workforce by nearly 40%—a move the company attributes to a...
The U.S.-Saudi $600 Billion Investment Deal is a High-Stake Move
On May 13, 2025, the United States and Saudi Arabia signed a $600 billion investment deal, described as a "strategic economic partnership." The agreement,...
Power Minister Says Nigeria Needs $200bn to Achieve Stable Supply, Raising Eyebrows Amid Poor...
Nigeria will need to spend at least $10 billion annually over the next two decades, roughly $200 billion in total, to achieve stable and...
Airtel Africa Launches $55m Share Buy-Back Tranche After Profit Turnaround
Airtel Africa Plc has commenced the second tranche of its ongoing $100 million share buy-back programme, valued at $55 million, days after releasing a...