By Peter Egwuatu Priceawaterhouse Coopers, PwC, has warned that Africa risks falling behind global Artificial Intelligence (AI) leaders unless organisations move beyond small-scale AI experiments and deploy the technology to drive growth and innovation across industries. The firm’s latest AI performance findings released in Lagos showed that although 82 per cent of organisations across the continent […]

By Babajide Komolafe Chairman, SIFAX Group, Dr. Taiwo Afolabi, has called on African entrepreneurs, investors, and business leaders to prioritise the growth of large, sustainable corporations capable of competing globally, rather than operating fragmented and small-scale enterprises that limit the continent’s economic potential.  Speaking at the sidelines of the Africa CEO Forum held in Kigali, Rwanda, […]

The Nigerian Naira maintained a steady path against the United States Dollar early this Thursday across both the official market and the informal parallel segments, continuing a pattern of relative calmness in the local foreign exchange market.

The Nigeria Maritime Admisnistration and Safety Agency, NIMASA, has expressed the imperative of a sustained partnership across the Nigeria’s security agencies together with the NIMASA in providing adequate security for the country’s maritime ecosystem. Speaking at the C4i capability demonstration and graduation ceremony of the security personnel in Lagos, NIMASA’s Director General, Dr. Dayo Mobereola, […]

…as Reserves hit $50b By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters. Briefing the media on the outcome of the 305th Monetary Policy Committee (MPC) committee, in Abuja, yesterday, the Governor of the CBN, Mr. Olayemi […]