Nigeria’s overall debt reached $103b in 2022 and may top $171b in 2023. – DMO
The Debt Management Office (DMO) reported on Thursday that as the government increased borrowing to cover its budget deficit, Nigeria’s total public debt increased to
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Powerful AI systems pose risk to society, regulatory framework and transparency required – Musk, experts.
In an open letter highlighting potential hazards to society and mankind, Elon Musk and a group of artificial intelligence specialists and business executives are urging
Alibaba transforms the $329b empire into a holding company with 6 units.
The largest restructuring of China’s market leader in online commerce since its founding more than 20 years ago, Alibaba wants to divide its $US220 billion
Nashville mass school shooting was carried out by an ex-student with a detailed plan to kill.
Before carrying out the massacre, the former pupil had sketched out a detailed map of the school, including potential entry points, and conducted surveillance of
First Citizens buys troubled Silicon Valley Bank in bid to stem global banking crisis.
The computer industry-focused financial institution Silicon Valley Bank, whose collapse earlier this month rattled the banking sector and sent shockwaves throughout the world, will be
Debt-ridden Ghana gets a bailout of $139m as U.S VP Harris visits Africa.
U.S. Vice President Kamala Harris will meet with Ghanaian President Nana Akufo-Addo on Monday in an effort to show the West African leader support as
IMF says, global economic recession looms from the banking crisis, calls for caution.
Kristalina Georgieva, the head of the International Monetary Fund, urged ongoing vigilance in a speech given on Sunday in Beijing, warning that risks to financial
Elon Musk values Twitter at $20b, giving over 50% loss on a $44b purchase price in 2022.
Elon Musk, the CEO of Twitter Inc., has offered stock grants to the workers of the social media business valued at close to $20 billion,
Microsoft Threatens To Cut Off Rival AI Search Engines From Bing Internet Data.
According to sources familiar with the situation, Microsoft Corp. has threatened to stop granting rival search engines access to its internet search data if they
Banking Crisis Opens Up the Fast-Growing Aerospace Industry to Private Equity.
Due to suppliers’ need for finance to keep up with the surge in demand for planes and parts, executives claimed that financial sector headwinds are
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