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CBN’s 350bp Rate Reset Reshapes Nigeria’s Monetary Policy With Mixed Expectations
The Central Bank of Nigeria has delivered its biggest interest-rate reduction in nearly two decades, cutting the Monetary Policy Rate by 350 basis points...
China Leans on Banks To Shield Vanke From Default As Property Crisis Deepens
Chinese financial regulators have asked some banks not to classify overdue loans to China Vanke as non-performing and to extend repayment deadlines for the...
Meta’s Muse AI Quietly Used Human Contractors to Make Calls, Raising Privacy Questions
Meta's new personal AI assistant Muse has been testing a “human concierge” system in which contractors quietly place some phone calls on behalf of...
Trump Administration Backs Narrower Contempt Standard in Apple-Epic Supreme Court Fight
The Trump administration is backing a key part of Apple's legal argument in its Supreme Court fight with “Fortnite” maker Epic Games, urging the...
Paymob Raises $35 Million to Scale Payments And AI Solutions For SMEs
Paymob, a leading payments infrastructure provider in the Middle East and North Africa (MENA), has raised $35 million in a pre-Series C funding round...