An AI African Intelligence Site
Liverpool Robbed of Penalty in 1-1 Draw with Manchester City, says Klopp Liverpool manager Juergen Klopp has gushed about Sunday’s breathless 1-1 Premier League draw with Manchester City, calling it…
Double Shock Nearly Halts Angola Economic Recovery –IMF ANGOLA: Angola’s economic recovery in 2021/22 was nearly halted in 2023 by a double shock in the first half of the year,…
Nigeria Offers Higher Rates to Attract Hot Monies The Nigerian government is offering higher interest rates on financial instruments in a bid to drive foreign currency inflows into the country.…
Geregu Power Forecasts N9.2bn Profit for Q2 Geregu Power Plc is expecting more than N9.2 billion as net profit in the second quarter of financial year 2024 versus N1.006 billion…
Heirs Holdings Launches Tech Coy to Lead Digital Transformation Heirs Holdings, a leading African investment company dedicated to improving lives and transforming Africa through strategic long-term investments, announced the launch…
Banks Borrow N8trn from CBN to Boost Liquidity Deposit money banks (DMBs) borrowed N8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) as the need for…
Naira Skids, FX Gap Now N27 as Firms Differ on Real Rate The Nigerian naira temperature became hotter across foreign exchange markets amidst claims that the local currency is grossly…
Market Value of Transcorp Plc Grows by 19% to N691bn Transcorp Plc gained 19% as the company shares became popular among alpha seekers. The company saw valuation climbing above N691…
Flutterwave Shuts Down Barter Virtual Card, Focuses on Remittance Flutterwave said it is shutting down its Barter service, a virtual card platform launched in 2017 to support the fintech company’s…
Nigeria’s Exports, Imports Close at N35.9trn Each in 2023 Nigeria achieved near balanced trade record in 2023, the latest data provided by the statistics office showed. Exports and imports value…