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Africa’s Venture Capital Firm 54 Collective Faces Liquidation Amid Mastercard Grant Mismanagement Scandal
54 Collective, a venture capital firm that aimed to revolutionize investment and scale ideas to early-stage ventures throughout Africa, is currently on the edge...
American Bankers Association Has Urged U.S. OCC To Delay Approving National Trust Bank Charters...
US banking groups, led by the American Bankers Association and other trade associations, have urged the Office of the Comptroller of the Currency (OCC)...
OpenAI Confirms $30bn-Per-Year Oracle Deal, Unveils Details of Massive Stargate AI Data Center Project
OpenAI CEO Sam Altman has confirmed that his company is behind the staggering $30 billion-a-year data center deal Oracle disclosed in June, ending weeks...
Amazon Acquires AI Wearables Startup Bee, Signaling New Push into Ambient AI Devices
Amazon has acquired AI wearables startup Bee, a move that analysts view as a significant shift in the tech giant’s ambition to bring artificial...
Nigeria’s External Reserves Rise to $40.11bn, But Naira Stagnates Above N1500/$1, Raising Concerns
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, marking a significant milestone in the country’s ongoing effort to stabilize its...