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LCFE to list Kian Smith’s N21 bn gold bars

LCFE to list Kian Smith’s N21 bn gold bars

By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) has finalized plans to list over N21 billion worth of Kian Smith FZE gold in a landmark transaction aimed at deepening Nigeria’s commodities market and expanding investable asset classes within the capital market. The forthcoming listing will feature internationally certified 1kg London Bullion Market Association […]

Dodgy data: The fallacies about Nigeria’s economy in 2025, by Olu Fasan

Dodgy data: The fallacies about Nigeria’s economy in 2025, by Olu Fasan

Mark Twain, the American writer and humourist, famously said: “There are three kinds of lies: Lies, damned lies and statistics.” This aphorism is truer in Nigeria than in virtually any other country. Put bluntly, one must be utterly gullible to believe official statistics in Nigeria. The unreliability of official data in Nigeria is known universally, with […]

Power of Language: Nneoma Udeze explores Africa’s AI potential

Power of Language: Nneoma Udeze explores Africa’s AI potential

By Godwin Oritse A prominent voice in Artificial Intelligence, AI, development in Nigeria, Nneoma Udeze, has emphasised the importance of incorporating African languages into artificial intelligence systems. Speaking with newsmen, Udeze said that the current AI ecosystem,dominated by English, perpetuates inequality and excludes over 2,000 languages spoken in Africa.Udeze believes that this approach is structurally […]

Vanguard Detty December