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Dangote Refinery will save Africa from being a Dumping Ground – Grenada PM

The Prime Minister of Grenada, Dickon Mitchell, has described the Dangote Petroleum Refinery and Petrochemicals as a significant investment in industrialisation and manufacturing needed by developing countries for their industrial growth. He noted that it is through this type of investment that Africa and the developing countries can reverse the cycle of exporting raw materials…

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Big Tech’s race for AGI, US job market & top Tech, Business, Health, Scientists & Entertainment stories

Tech Big Tech’s race for AGI heats up as OpenAI raises $6.6 billion. OpenAI has secured $6.6 billion in new funding, pushing its valuation to $157 billion, with a goal of reaching $11 billion in sales by next year. D.A. Davidson’s Gil Luria sees this target as achievable, but calls the company’s $100 billion sales…

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Tether Celebrates 10 Years of Global Adoption and Stablecoin Dominance with Over 350 Million Users Worldwide

Tether, the largest company in the digital assets industry, celebrates a decade of pioneering advancements and innovation that have shaped the ever-evolving landscape of digital assets. Since its inception in 2014, Tether has revolutionised finance by introducing the world’s first stablecoin, bridging traditional currencies and the rapidly growing digital asset market. Over the last decade,…

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List of 62 items exempted from VAT

The 62 items exempted from VAT by the FG include gas generators and CNG/LPG dual-fuel vehicles. Check the full list of items below. The Federal Government (FG) has exempted 62 items from paying Value Added Tax (VAT). This was revealed by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, in a…

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Trump calls on Musk to provide Starlink to communities impacted by Hurricane Helene

US presidential candidate Donald Trump has revealed that he has spoken to Elon Musk about providing Starlink to communities impacted by Hurricane Helene. According to reports, hundreds of thousands of people are currently without internet. Towns like Asheville are currently considered “blackout zones” for accessing the internet, texting and making calls due to the Hurricane…

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NGX ends September with N1.16trn gain

September 2024 saw a strong close for equity trading on the Nigerian Exchange Limited (NGX), driven by an increase in investor confidence in listed companies. The ASI demonstrated resilience in the face of multiple policy announcements from the Central Bank of Nigeria (CBN) intended to reduce rising inflation, which market analysts feared could have a…

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Olusola David-Borha takes over as Stanbic IBTC Holdings’ Board Chairman

Mrs Olusola David-Borha has been named Chairman of the Board by the Stanbic IBTC Holdings Plc Board of Directors. This was stated in the notice that the company sent to the Nigerian Exchange Limited (NGX). The announcement states that the appointment will take effect on 26th September 2024, provided all necessary regulatory approvals are received….

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