Tuesday, December 5, 2023


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Market Performance

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AI, other technologies already increasing fraud in Nigeria – Minister of Justice, Fagbemi

Nigeria's Attorney-General and Minister of Justice, Lateef Fagbemi (SAN), has identified Artificial Intelligence and generative technologies as new means of fraud in the country,...

Sacked OpenAI boss Sam Altman to join Microsoft

Sam Altman is joining Microsoft, the tech-giant has announced, ending speculation he might return to OpenAI just 48 hours after his chaotic ousting. Microsoft chief...

OpenAI to name ex-Twitch chief Emmett Shear as new boss

OpenAI is reportedly set to name Emmett Shear as its interim chief executive just 48 hours after the chaotic firing of boss and co-founder,...

Naira scarcity worsens as banks limit withdrawals, ATMs run dry

Naira scarcity is biting harder across the country as banks have limited cash withdrawals, findings have shown. Residents of Lagos, Abuja, Kano, Katsina, Jigawa and...

Nigeria’s inflation to hit 30% by December – KPMG

KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel...

Moody’s changes US ratings outlook to negative

Moody's on Friday changed the outlook on the government of United States of America's ratings to "negative" from "stable". The rating agency said it expects...