New development has emerged concerning the reported death of the deputy governor of Bayelsa, Senator Lawrence Ewhrudjakpo, as the PDP made great release.
New development has emerged concerning the reported death of the deputy governor of Bayelsa, Senator Lawrence Ewhrudjakpo, as the PDP made great release.
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
Taiwan plans to keep making the "most advanced" chips on home soil and remain "indispensable" to the global semiconductor industry, the deputy foreign minister told AFP, despite intense Chinese military pressure.
After soaring for nearly two years, cocoa prices dropped sharply in 2025. - Record high prices in 2024 - Cocoa harvests between 2021 and 2024 failed to meet demand, which sent prices soaring.
Most Asian markets rose Thursday as traders welcomed the Federal Reserve's third straight interest rate cut, though the euphoria was tempered by an indication officials could hold off another reduction any time soon. However, traders have lowered their expectations for a string of further cuts in 2026 after the bank's statement used language used in late-2024 to signal a pause in more rate cuts.
In pursuit of the AI dream, the tech industry this year has plunked down about $400 billion on specialized chips and data centers, but questions are mounting about the wisdom of such unprecedented levels of investment. Building data centers requires raising significant capital, Luria points out.
Shares in business computing giant Oracle fell more than 10 percent on Wednesday on word its revenue missed heady expectations, dampening artificial intelligence euphoria in the market. Oracle's cloud and business computing unit accounted for $8 billion of that revenue, an increase of 34 percent from the same quarter in 2024, according to the earnings report.
EU wrangling over whether to give plant-based "sausages" and veggie "burgers" the chop and restrict such labels to meat products will grind on into next year after countries and lawmakers failed to reach a deal on Wednesday. Lawmakers at the European Parliament in October backed a proposal to reserve a list of labels including burger and sausage for foods containing meat.
US burger chain McDonald's said on Wednesday it had removed an AI-generated Christmas advert in the Netherlands after it was filleted online. McDonald's Netherlands said in a statement to AFP: "The Christmas commercial was intended to show the stressful moments during the holidays in the Netherlands.
The Federal Inland Revenue Service (FIRS) has begun to synergies with security agencies as the Nigerian government prepares to rollout new tax laws in January.
Instagram on Wednesday unveiled a new AI-powered feature that lets users view and adjust the algorithm shaping their Reels feed, calling it a pioneering move toward greater user control.
Economy
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