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Finance & Markets

Interest Rate Cut: Is Now Right Time to Take Loan?

Omolabake Fasogbon A cut in the Central Bank of Nigeria’s (CBN) monetary policy rate (MPR) usually raises hopes that loans will become cheaper for households and businesses. The expectation is

  • CBN reduced monetary policy rate from 26.5% to 23%
  • Banks set loan rates based on various factors beyond MPR
  • Smaller businesses may face slower reductions in borrowing costs

World

Year's 31st typhoon develops, 9th-most since data began in 1951: Japan

TOKYO (Kyodo) -- Japan's weather agency confirmed the formation of a typhoon early Saturday, the year's 31st, with the figure matching a previous year

  • Japan's weather agency reported 31st typhoon of the year, 9th-most since 1951.
  • Typhoon In-fa near Marshall Islands, moving southeast at 3 a.m. local time.
  • Typhoon Champi near Okinawa, 216 km/h winds, pressure 955 hPa.

AI

Benedict Oramah: Africa Must Build Its Own AI Models, Not Just Supply the Data

Former President of Afreximbank, Dr. Benedict Oramah, has urged Africa to build its own artificial intelligence models rather than remain a supplier of data to foreign technology firms, stressing the

  • Africa must build its own AI models, not just supply data
  • Dr. Benedict Oramah emphasizes economic independence
  • Nigeria's cheap gas can power data centers and create tech parks

Culture

Aaron Paul’s Blink-And-You’ll-Miss-It ‘Clayface’ Cameo, Explained

Why the "Breaking Bad" alum only appears in a brief moment of DC's horror Batman spinoff The post Aaron Paul’s Blink-And-You’ll-Miss-It ‘Clayface’ Cameo, Explained appeared first on TheWrap .

  • Aaron Paul made a one-second cameo as Jimmy One Nut Hagen.
  • Cameo was part of a larger role cut from the final film.
  • Movie focuses on Matt's primal impulses of anger and revenge.

Culture

Receipts reveal hidden lives in Japanese artist's unusual works

TORIDE, Japan (Kyodo) -- To most people, a receipt is a scrap of paper to be stuffed into a pocket or thrown away without a second thought. To Japane

  • Viki transforms receipts into art by applying heat to thermal paper.
  • He collects receipts from Japan and beyond, imagining stories behind each.
  • Viki sees receipts as "tickets to communication" and maturing, not deteriorating.
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