Business

Top 10 Largest Economy GDP In Africa 2024 Update

Africa has been often overlooked in global economic discussions and is experiencing a surge of economic growth. A wave of young, entrepreneurial talent, abundant natural resources, and strategic investments are propelling several African nations to the forefront of the global economic stage. Here we are going to look into the top 10 fastest-growing African economies, […]

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Business

Emulating China: African Leaders Urged to Invest in Youth Skills for Economic Growth

The administration of President Bola Tinubu, along with other African leaders, has been advised to look to China’s model of investing heavily in employable and monetizable skills among the youth as a pathway to boost Africa’s Gross Domestic Product (GDP). This call for action was made during a recent training initiative organized by the Scholars

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Business, News

Naira Among Africa’s Worst-Performing Currencies, Declines 43% – World Bank Report

The Nigerian naira has been identified as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the World Bank’s recent Africa’s Pulse report. By August 2024, the naira had depreciated by approximately 43%, putting it in the same category as other struggling currencies like the Ethiopian birr and the South Sudanese pound.

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Business, News

A Look at the World’s Wealthiest Countries and Their Top Billionaires

Billionaire wealth has reached unprecedented levels, with some countries boasting nearly 800 billionaires, while others struggle to count even 20. According to Forbes’ 38th annual list, the world now has 2,781 billionaires, a rise of 141 from last year. These billionaires hold a combined wealth of $14.2 trillion, an increase of $2 trillion compared to

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Business

Is Oklo Stock a Smart Investment as Big Tech Embraces Nuclear Power for Data Centers?

Oklo Inc. (NYSE: OKLO) has seen a significant rise of over 70% recently, fueled by the increasing interest from big tech companies in nuclear power solutions, particularly to meet the surging energy demands driven by AI advancements. The company’s appeal has been bolstered by securing Department of Energy (DOE) approval for its Conceptual Safety Design

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Business, Finance

Bitcoin Surges in October: Boosted by Fed Rate Cuts and U.S. Elections

Bitcoin (BTCUSD) has significantly outperformed the S&P 500 since the beginning of September, benefiting from a variety of factors including investor optimism around Federal Reserve rate cuts and the upcoming U.S. presidential elections. While bitcoin’s price has surged over 14% during this period, the S&P 500 has only seen a 3% gain, highlighting the cryptocurrency’s

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Business

Billionaire Steven Cohen Sells Most of His Nvidia Stake and Buys Chipotle

Billionaire investor Steven Cohen, known for his successful hedge fund Point72 Asset Management, has made a significant change in his investment strategy. He has recently sold a large portion of his holdings in Nvidia, a leading artificial intelligence company, and has instead invested heavily in Chipotle Mexican Grill, a popular fast-casual restaurant chain. Cohen’s decision

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Business

GTBank Restores Digital Banking Services After Downtime

Guaranty Trust Bank (GTBank) has announced that its digital banking platforms are back online following a period of service disruption. In a message posted on its official X account on Wednesday, October 16, the bank expressed gratitude to its customers for their patience and continued support during the downtime. The bank’s statement read: “We are

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Business, News

Simple Tasks, Big Rewards: Earn $5 Online

Referral Link: https://www.star-clicks.com/?ref=51875931 In today’s interconnected world, the internet has revolutionized countless aspects of our lives, from communication to entertainment. However, one of its most significant impacts lies in its ability to provide unprecedented opportunities for financial gain. The digital landscape is teeming with avenues to make money online, often with minimal investment or technical

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