Saudi Arabia has announced its lineup of headline speakers for the Global AI Summit 2024, hosted by the Saudi Data & Artificial Intelligence Authority (SDAIA). 

At Last, Dangote Refinery Commences Production of PMS   After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its 650,000 barrels per day...

Tinubu Appoints New Leadership for Bank of Industry   President Bola Tinubu has approved the appointment of the following Nigerians to the board of the Bank of Industry Limited: (1) Dr. Mansur Muhtar, OFR, -- Chairman (2) Dr. Olasupo Olusi -- Managing Director/Chief...

Banks’ Deposits With CBN Now N3.42trn - Report The deposits of banks with the Central Bank of Nigeria ( CBN) hit a weekly high of N3.42tn at the end of last week. This followed the announcement of the operationalisation of the...

Renewed Naira Depreciation Begins As Market Turnover Drops By 25% There are indications that another round of Naira depreciation has set in following renewed demand pressure amidst widening supply gap. The Naira yesterday depreciated to N1,635 per dollar in the parallel...

'Pharma Companies Cut Profit To Reduce Drug Prices' Drug manufacturer, May & Baker Nigeria Plc has said pharmaceutical companies in Nigeria cut their profits to help reduce high drug prices. May & Baker CEO, Patrick Ajah, said the company increased prices...