Business

Anambra, Edves unveil AI Smart Schools for digital learning

In a groundbreaking move to transform education, Anambra State has partnered with Edves, an EdTech platform, to power 22 pilot smart schools—one in each local government area with artificial intelligence. According to the statement, Governor Chukwuma Soludo’s administration is spearheading…

Foundation trains 30,000 students in environmental sustainability

The Foundation for a Better Environment has trained over 30,000 schoolchildren in environmental sustainability through its EcoSchoolsNG project, which began in 2016. Founder of the FABE Foundation and convener of the EcoSchoolsNG project, Temitope Okunnu, made this known at the…

China announces 34% retaliatory tariffs on US imports

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldChina has announced tariffs of 34 per cent on all US imports in retaliation for duties unveiled by President Donald…

ITUC condemns Trump’s trade war

The International Trade Union Confederation has condemned the Trump administration’s new trade tariffs, warning that the policies could spark a global trade war, lead to job losses, and increase consumer prices. The tariffs, unveiled on April 2, mark an aggressive…

Flight to safety pushes 10-year Treasury yield below 4%

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A flight to quality has pushed yields on 10-year Treasuries below 4 per cent for the first time since Donald Trump won…

US court fines UAE crypto firm CLS Global 8K for wash trading

Authorities in the US state of Massachusetts continue targeting unlawful cryptocurrency market practices, with a local court fining crypto financial services firm CLS Global.A federal court in Boston on April 2 sentenced CLS Global on criminal charges related to fraudulent…

Manufacturers regaining confidence as forex stabilises – MAN

Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria, Ogun State Chapter, George Onafowokan. The PUNCH reported in 2024 that…

Babylon users unstake M in Bitcoin following token airdrop

More than $21 million worth of Bitcoin was unstaked from the Babylon protocol in the 24 hours after the platform’s token airdrop, according to blockchain data shared by a developer.On April 4, Bitfeed developer Mononaut shared that in the previous…

FCMB recorded N111.9bn profit before tax in 2024 – NGX

First City Monument Bank recorded a Profit Before Tax of N111.9 billion for the financial year ending December 31, 2024. This was confirmed in a corporate statement released through the Nigerian Exchange Limited on Thursday. The statement revealed that PBT…

Inflation fears add to pressure on Federal Reserve

Stay informed with free updatesSimply sign up to the US inflation myFT Digest — delivered directly to your inbox.US bond traders have moved to price in a burst of inflation from Donald Trump’s tariff war, piling pressure on the Federal…

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