Investogist
No Result
View All Result
Saturday, October 31, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    EFCC arrests 148 Chinese, 40 Filipinos, and 604 others in Lagos for crypto fraud:

    EFCC Opens 2026 Recruitment Portal, Applications Close 1 November

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

    Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Fidelity Bank Repays $400m Eurobond at Maturity

    Fidelity Bank Repays $400m Eurobond at Maturity

    Dangote Refinery Share Sale Closes Nearly Three Times Oversubscribed

    Dangote Refinery Share Sale Closes Nearly Three Times Oversubscribed

    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    Stanbic IBTC Fixes ₦159.86 Reference Price for 2026 Interim Scrip Dividend

    Transcorp Power’s nine-month profit falls 8.9% to ₦83.1bn as revenue drops 13.7%

    Transcorp Power’s nine-month profit falls 8.9% to ₦83.1bn as revenue drops 13.7%

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    EFCC arrests 148 Chinese, 40 Filipinos, and 604 others in Lagos for crypto fraud:

    EFCC Opens 2026 Recruitment Portal, Applications Close 1 November

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Buys 25% of Kenya Pipeline Company, Pledges $1.5 Billion Expansion

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    Nigeria Confirms Imported Ebola Case in Abuja, Traces 44 Contacts

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    China Sends Drones to Watch Keen Sword 27 as Russia Expands at Six Libyan Air Bases

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

    Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa half-year profit hits $452m on mobile money, data growth

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Seplat Energy Profit Jumps 174% on Higher Oil Prices, Declares 19-Cent Dividend

    Fidelity Bank Repays $400m Eurobond at Maturity

    Fidelity Bank Repays $400m Eurobond at Maturity

    Dangote Refinery Share Sale Closes Nearly Three Times Oversubscribed

    Dangote Refinery Share Sale Closes Nearly Three Times Oversubscribed

    Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.

    Stanbic IBTC Fixes ₦159.86 Reference Price for 2026 Interim Scrip Dividend

    Transcorp Power’s nine-month profit falls 8.9% to ₦83.1bn as revenue drops 13.7%

    Transcorp Power’s nine-month profit falls 8.9% to ₦83.1bn as revenue drops 13.7%

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Guinness Nigeria Declares ₦7.00 Interim Dividend for 2026

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Equities Market Declines by 0.91%, As Investors Lose N1.47trn

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    Russian Diesel Cargo Heads for Morocco After US-Russia Fuel Deal

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Business

Sam Altman returns as OpenAI CEO days after being fired

Wednesday, 22 November 2023, 11:49 am
in Business, Companies
0
Microsoft hires ex-OpenAI leaders Altman and Brockman
Share Share Share Share Send as Email

Sam Altman will return as chief executive of OpenAI after the ChatGPT developer said it had “reached an agreement in principle” for his reinstatement.

Recall that the board of OpenAI had on Friday fired Altman accusing him of not being “consistently candid in his communications with the board, hindering its ability to exercise its responsibilities” – but did not specify what he is alleged to have not been candid about.

Then on Monday, OpenAI biggest investor Microsoft, announced that it has hired Altman and OPenAI’s co-founder Greg Brockman to lead up a “new advanced AI research team.”

Greg Brockman who had quit OpenAI on Friday after his colleague’s sacking also announced his return to the company in an X post, writing “we are so back” in a selfie with colleagues.

we are so back pic.twitter.com/YcKwkqdNs5

— Greg Brockman (@gdb) November 22, 2023

“We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this,” OpenAI wrote on its official account on X, formerly known as Twitter.

Altman posted soon after: “I love OpenAI, and everything I’ve done over the past few days has been in service of keeping this team and its mission together.” He added: “I’m looking forward to returning to OpenAI.”

Also, Satya Nadella, CEO of Microsoft in a post on X Wednesday morning said, “We are encouraged by the changes to the OpenAI board. We believe this is a first essential step on a path to more stable, well-informed, and effective governance.

“Sam, Greg, and I have talked and agreed they have a key role to play along with the OAI leadership team in ensuring OAI continues to thrive and build on its mission. We look forward to building on our strong partnership and delivering the value of this next generation of AI to our customers and partners.”

We are encouraged by the changes to the OpenAI board. We believe this is a first essential step on a path to more stable, well-informed, and effective governance. Sam, Greg, and I have talked and agreed they have a key role to play along with the OAI leadership team in ensuring… https://t.co/djO6Fuz6t9

— Satya Nadella (@satyanadella) November 22, 2023

Nearly all of OpenAI’s 750-strong workforce had threatened to quit unless the board overseeing the business brought back Altman and then quit immediately afterwards.

The deal that brought the Altman back to OpenAI includes a new-look board led by Bret Taylor, the former co-CEO of software firm Salesforce. The board will include Larry Summers, the former US treasury secretary, and Adam D’Angelo, the tech entrepreneur and current board member who played a role in Altman’s firing.

Altman had been replaced with ex-Twitch CEO Emmett Shear, who called the job a “once-in-a-lifetime opportunity”.

Mr Altman, 38, helped launch the firm – best known for creating the popular ChatGPT bot which has been accused of political and religious bias.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Microsoft
    Microsoft hires ex-OpenAI leaders Altman and Brockman
  • Parler
    Parler CEO John Matze has been fired by the Board
  • Bankman-Fried
    FTX founder Sam Bankman-Fried arrested in Bahamas
  • Bankman-Fried
    FTX founder Sam Bankman-Fried found guilty of all charges
Previous Post

South Africa accuses Israel of war crimes and genocide in Gaza

Next Post

JUST IN: FCT Court grants Emefiele N300 million bail

Next Post
Buhari to unveil new naira notes Wednesday — no longer Dec 15

JUST IN: FCT Court grants Emefiele N300 million bail

Please login to join discussion
  • Trending
  • Comments
  • Latest
Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

Unilever Nigeria Posts ₦26.4bn Profit as Margins Surge, Pays ₦2 Interim Dividend

Dangote Refinery Share Sale Closes Nearly Three Times Oversubscribed

Dangote Refinery Share Sale Closes Nearly Three Times Oversubscribed

NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

NCDC Reports Two Suspected Ebola Cases in North-East Nigeria

Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

Nestoil Pays Another $40 Million, Bringing Repayments to $100 Million

NJC sacks two heads of court, suspends two judges, sets up panel

Court Sacks Uzodimma as APC’s Imo West Senate Candidate, Declares Okorocha Primary Winner

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa half-year profit hits $452m on mobile money, data growth

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved