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While African banks show robust balance sheets, raw financial muscle is increasingly being overtaken by the sophistication of a bank's technology architecture, the depth of its data, and its ability to price risk at velocity, thanks to AI technology.

Conflict, drought and international funding cuts have left 6.5 million people in Somalia in desperate need of food, according to a new report by UN-backed experts.

Mr Cardoso explained that at $50.45 billion, Nigeria gross external reserves provide an import cover of 9.68 months for goods and services for the country The post Executive order on oil revenues to boost foreign reserves – CBN appeared first on Premium Times Nigeria.

$2.4bn Grenada Resort opens citizenship window for African investors- Optiva Capital By Babajide Komolafe Optiva Capital Partners has announced that the $2.4 billion Grenada National Resort, the largest single investment in Grenada and one of the Caribbean’s most ambitious hospitality projects, is set to open in 2027. The government-approved development offers investors a pathway to Grenadian […] The post $2.4bn Grenada Resort opens citizenship window for African investors- Optiva Capital appeared first on Vanguard News.

"We are confident that Mr Ademoye Shobo will advance the company's strategic objectives and enhance its operational and financial performance." The post Lasaco Assurance Plc appoints new managing director appeared first on Premium Times Nigeria.

Turkey witnessed an unusual scene during an amateur playoff in Istanbul when a seagull was hit by a clearance kick.

Egypt on Tuesday urged the international community to better support Lebanon's armed forces as the country moves forward with a plan to disarm the militant group Hezbollah and bring all weapons under state control.

ARCON alleged that ADVAN has "simultaneously instituted multiple lawsuits at the Federal High Court challenging its regulatory powers, while also prosecuting the same issues in the media." The post ARCON says ADVAN using media campaign to obstruct industry reforms appeared first on Premium Times Nigeria.

… Exports 20m litres surplus By Udeme Akpan In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self sufficiency while exporting up to 20 million litres […] The post Dangote Refinery to supply 65m litres of petrol daily appeared first on Vanguard News.

Brazil is facing deadly floods in Minas Gerais after record rain hit Juiz de Fora and Uba.