Business

BREAKING: Naira appreciates at parallel market amid CBN FX reformsBREAKING: Naira appreciates at parallel market amid CBN FX reforms

BREAKING: Naira appreciates at parallel market amid CBN FX reforms

The Naira strengthened against the U.S. dollar in the parallel foreign exchange market on Wednesday, trading at N1,560 per dollar,…

2 days ago
SMEFUNDS CEO urges AI adoption to transform food sectorSMEFUNDS CEO urges AI adoption to transform food sector

SMEFUNDS CEO urges AI adoption to transform food sector

The Chief Executive of SMEFUNDS, Femi Oye, has called for the integration of artificial intelligence (AI) in the food sector…

4 days ago
Elon Musk’s X raises nearly $1 billion in new equity fundingElon Musk’s X raises nearly $1 billion in new equity funding

Elon Musk’s X raises nearly $1 billion in new equity funding

​Elon Musk's social media platform, X (formerly Twitter), has secured nearly $1 billion in new equity funding, maintaining a valuation…

1 week ago
5 business tasks you should never outsource to AI5 business tasks you should never outsource to AI

5 business tasks you should never outsource to AI

While AI tools can streamline operations, over-reliance on them can strip businesses of their unique identity. Entrepreneurs eager to automate…

2 weeks ago
Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FYUnity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY

Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY

LAGOS.24.02.2025. Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023,…

1 month ago
Black Market Dollar to Naira Exchange Rate Today 23rd February 2025Black Market Dollar to Naira Exchange Rate Today 23rd February 2025

Black Market Dollar to Naira Exchange Rate Today 23rd February 2025

Below is the black market dollar to naira exchange rate for today, February 23rd, 2025. Stay updated with the latest…

1 month ago
Benefits of AI for African professionalsBenefits of AI for African professionals

Benefits of AI for African professionals

Artificial Intelligence (AI) is rapidly transforming industries in Africa, offering vast opportunities for professionals across sectors. By 2030, Sub-Saharan African…

1 month ago
Naira crashes further in black market as dollar demand surgesNaira crashes further in black market as dollar demand surges

Naira crashes further in black market as dollar demand surges

The naira experienced a slight decline against the dollar in the parallel foreign exchange market as trading resumed on Monday.…

2 months ago
Sunny Okonkwo to launch ‘The AI Alchemist’ in MaySunny Okonkwo to launch ‘The AI Alchemist’ in May

Sunny Okonkwo to launch ‘The AI Alchemist’ in May

Award-winning data scientist and AI consultant Sunny Okonkwo is set to unveil his latest book, The AI Alchemist: Transforming Complexity…

2 months ago
Operators recommend AI for detecting financial fraud in bankingOperators recommend AI for detecting financial fraud in banking

Operators recommend AI for detecting financial fraud in banking

Tope Dare, former executive director of e-business and infrastructure at Inlaks Computers Limited and a board member of CitiData Centre…

2 months ago