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Latest News
Amazon Expands AI Capabilities with New Custom Chips
Amazon has announced the launch of new AI chips, developed by its subsidiary Annapurna Labs, to reduce dependence on Nvidia and improve data center efficiency for AWS customers. Acquired by Amazon in ...
Jeff Bezos Sells 12 Million Amazon Shares Worth $2 Billion
Jeff Bezos, the third richest man in the world and founder of Amazon.com, has moved to sell 12 million company shares. This is his first stock sale in over three years—his last sale was in 2021.Acco...
Godwin Emiefiele Responds to Jim Obaze’s Allegations
Godwin Emefiele, the former Governor of the Central Bank of Nigeria, has responded to the allegations of stolen funds recently published by the Special Investigator on the CBN and Related Entities.He ...
Zazuu Shuts Down After 5 Years of Operation Due to Lack of Funding
Zazuu, a London-based fintech company aiding cross-border payment networks in Africa, has announced that it will shut down due to a lack of funding. Before now, the firm has raised $2 million in diffe...
FUGAZ Records N102.96 Billion From Account Maintenance
Data shows that Nigerian tier-1 banks, also called FUGAZ, have reported to have surmounted a total of N102.96 billion in income from the account maintenance charged to customers for the first nine mon...