Business

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

NCC, REA to power telecom towers with renewable energy

The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have signed a memorandum of understanding (MoU) to power telecommunications infrastructure with renewable energy across the country. The agreement was…

GSMA supports Abuja declaration on Africa’s digital prospects

The Groupe Spécial Mobile Association (GSMA) has thrown its support behind the Abuja Ministerial Declaration on Meaningful Connectivity for Africa, describing the agreement as a major milestone in advancing the continent’s digital future…

Firm named best investment bank at 2026 Euromoney Awards

Iron Capital, one of Africa’s leading investment banking and asset management firms, has been named Nigeria’s Best Investment Bank for Financing Solutions at the prestigious Euromoney Awards for Excellence 2026. The announcement recognises…

Nvidia in Talks on $250 Billion Backing for OpenAI Hub, WSJ Says

Nvidia Corp.’s in discussions to provide a guarantee of about $250 billion to help OpenAI lease computing from a giant data center project, the Wall Street Journal reported, citing people familiar with the matter.

Quest Merchant bank drives workplace culture

Quest Merchant Bank has identified strong workplace culture as the bedrock to sustainable business success. The bank’s Head of People Management, Tolulope Dayo-Peters, stated this during the second edition of the Great Place to Work®…

‘Why Nigeria needs phased ban on solar panels’

Stakeholders in the renewable energy industry have urged the Federal Government to develop a National Renewable Energy Industrialization Roadmap to strengthen Nigeria’s clean energy sector while supporting local manufacturing and expanding…

EQT Lifts Takeover Offer for Perpetual to $1.8 Billion

EQT AB sweetened its takeover bid for Australian investment management firm Perpetual Ltd. to around A$2.6 billion ($1.8 billion).

Would you choose £50,000 over the chance of £1m?

The vast majority of people - particularly women - answer a survey saying they'd take the certainty over chance.

Oil Prices Fall After U.S. and Iran Pause Fighting for a Second Day

No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.

Vietnam wants industrial heartland hosting Long Thanh airport to become Asia's new aviation hub

Vietnam's Politburo wants Dong Nai City, the southern manufacturing base that hosts the new Long Thanh international airport, to become an Asia-Pacific aviation hub with a US$150 billion economy by 2045.

South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan