OpenAI has prioritised safety by forming a dedicated committee led by CEO Sam Altman, focusing on responsible AI development.
Naira gained significantly at official window closing at N1,339.33/$1, its highest rate in two months, but declined in parallel market.
Tony Elumelu has highlighted significant liquidity distortions in the power sector, exemplified by Gencos' N2 trillion debt owed by NBET.
The African Development Bank will convene in Nairobi to explore strategies for African countries to collaborate with Brazil’s G20 presidency.
Shareholders of UBA have authorised a dividend payment of N78.66 billion for the 2023 financial year.
Dangote refinery is preparing for gasoline and Euro V diesel production, aiming to meet domestic demand and enhance exports.
A former NNPC Director has revealed Nigeria’s global gas export share fell from 15% to 2%, called for sector investment.
Nigeria recorded a 2.98% GDP growth in Q1 2024 with the service sector contributing 58%
Experts have criticised the Senate’s proposed amendment of the CBN Act saying it could subject the bank to political interference.
"When Nigeria gets its acts right, Africa will get it right too," says VP Shettima.