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 ...
Verizon Communications Inc. has agreed to purchase Frontier Communications Parent Inc. for an enterprise value of $20 billion, marking a significant move in the telecommunications industry. The acquis...
Facebook sold AI Vision and it sent its stock soaring higher than expected. The social media company is trying to streamline its business by selling off part of its AI business to focus more on advert...
Yesterday, a statement from FBN Holdings Plc reported that Mr. Tunde Hassan-Odukale will step down as Chairman of First Bank of Nigeria Ltd.First Bank's Board of Directors has named Mr. Ebenezer Olufo...
Zenith Bank Plc shareholders on Wednesday finally approved the N125bn dividend proposed by the Bank's board of directors. This approval took place at the firm's 33rd Annual General Meeting at the Civi...
In its latest report, Zenith Bank announced that it generated gross earnings of N781 billion in Q1 2024, an 189% increase from the corresponding year, which recorded N270 billion in Q1 2023.According ...
Just recently, Changpeng Zhao, the founder of Binance, which is reported to be the largest cryptocurrency exchange in the world, was sentenced to four months in prison on allegations of money launderi...
It has recently been reported that Zenith Bank Plc's shareholders have approved its transformation into a holding company.Zenith Bank Plc shareholders approved it during a court-ordered Extraordinary ...
Zenith Bank Plc has been ranked Nigeria's best bank in the recent Global Finance Best Banks Awards 2024. The bank has emerged four times since 2019, including the most recent ranking.Zenith Bank Plc w...
Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...