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JAPAN IS LOSING THE TECH RACE. ONE AI STARTUP IS HOPING TO CHANGE THAT

A robot that can find the laundry even if you’ve moved it could give Japan’s startup scene a much-needed shot in the arm. Preferred Networks co-founder Daisuke Okanohara says his [...]

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FIRST CAMEROON, THEN TANZANIA. JUMIA, WHAT IS HAPPENING?

We have good news ahead but first: What’s happening at Jumia? While industry insiders try to piece together a cohesive narrative on the shutdown of their Cameroon business, Jumia group has [...]

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GOVERNMENTS’ CREDIT SHRINKS, PRIVATE SECTOR’S RISES TO N25.8TN

Banks’ credit to governments shrunk by13.41 per cent in October to N9.05tn from N10.45tn reported in September, the Central Bank of Nigeria has disclosed. On the other hand, credit to private [...]

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REDUCE $57 BUDGET OIL BENCHMARK, MPC TELLS FG

The Monetary Policy Committee of the Central Bank of Nigeria has called on the Federal Government to review downwards the 2020 budget oil price benchmark of $57 per barrel to stimulate fiscal [...]

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EXTERNAL RESERVES SINK BELOW $40BN

The nation’s foreign exchange reserves have slumped below the $40bn mark, hitting their lowest level in 22 months, latest report from the Central Bank of Nigeria has shown. The external reserves, [...]

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UBER LOSES LONDON LICENSE AGAIN BUT CAN KEEP DRIVING FOR NOW

Uber has just suffered a significant setback in one of its biggest markets. London transit officials have decided not to extend the company’s license beyond midnight local time on Monday. [...]

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BREAST CANCER: PATIENT CREATES APP TO HELP WITH TREATMENT

A mobile app designed by a patient is helping people with breast cancer prepare for the start of radiotherapy. The treatment requires them to raise their arm above their head, but patients often [...]

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ECONOMY ATTRACTED $19.67BN INVESTMENTS IN NINE MONTHS — NBS

Between January and September this year, the Nigerian economy attracted a total of $19.67bn worth of investments, figures released by the National Bureau of Statistics have revealed. The NBS in [...]

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WHY NIGERIA’S IOT MARKET MAY HIT $1BN IN FIVE YRS

The internet has brought everyone together and created a common world without borders. But the Internet of Things, IoT promises to make this world more secure. The IoT is a system of interrelated [...]

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STOCK MARKET SHEDS N188BN IN FIVE HOURS

The nation’s stock market on Monday witnessed a relapse as investors lost N188bn in the five trading hours of the day. The market, which had recorded improvement last week following the Central [...]