businesspick

The Kenyan shilling sank to a new all-time low of 150 to the dollar on Monday, adding to the woes of people already battered by high inflation and a raft …

Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge a $1 annual fee for basic features. …

Oil prices slipped on Monday after surging last week, with investors waiting to see if the Israel-Hamas conflict draws in other countries – a development that would potentially drive up …

Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade by two years, ahead of talks to forge a new trade deal, …

The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third seat on its executive board at its first meetings …

The International Monetary Fund (IMF) has revised its estimate of Nigeria’s economic growth for the year 2023 downward to 2.9 percent. This is against its forecast for 2022 which stood …

OpenAI on Wednesday unveiled Dall-E 3, the latest version of its text-to-image tool that uses its wildly popular AI chatbot ChatGPT to help fill in prompts. Dall-E 3 will be …

For the period from January to June 2023, N5,244,037,636,561.60, according to the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has accrued into the Federation Account. The figure was captured in …

A Memorandum of Understanding between the Federal Government and the Republic of Cuba has been signed in order to advance innovation, science, and technology between the two nations. The MoU …

The US government on Tuesday accused Google of paying out $10 billion a year to Apple and other firms in order to safeguard its monopoly over online search. The accusation …