Business & Economy

CBN Adopts Artificial Intelligence in Monetary Policy, Says Governor Yemi Cardoso

The Governor of the Central Bank of Nigeria (CBN), Dr. Yemi Cardoso, has announced that the apex bank has begun adopting Artificial Intelligence (AI)...

Botswana Introduces 24% Local Ownership Requirement for All New Mining Deals

The Government of Botswana has announced a new policy mandating that at least 24% of ownership in all future mining projects be held by...

Naira Hits Strongest Level Since 2024, Closes Week at ₦1,458/$1 as CBN Tightens FX Reforms

The Naira recorded its strongest performance since 2024, closing the week at ₦1,458 per US dollar on Friday, as the Central Bank of Nigeria...

Uganda Begins Construction of $4 Billion Oil Refinery in Hoima, Completion Set for 2029–2030

Uganda is advancing plans to build a $4 billion oil refinery in Hoima District, a major milestone in the country’s long-awaited effort to add...

Moniepoint Clarifies £1.2m Reported Loss by UK Subsidiary as Start-Up Investment Cost

Leading Nigerian fintech company Moniepoint Inc has clarified reports of a £1.2 million loss recorded by its United Kingdom subsidiary, Moniepoint GB, during the...

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