Nigeria’s 2026 Budget Under Threat as Citi Forecasts Brent Crude to Fall to $60 per Barrel
Nigeria’s 2026 budget may face significant pressure following a new forecast by global financial giant…
Category: International
South African Investment in Nigeria Nears $1bn Despite Rising Xenophobic Tensions
South African investment in Nigeria climbed to nearly $1 billion in the first quarter of…
Nigeria, Canada Push Data-Driven Investment Strategy to Unlock Trade Growth
Nigeria and Canada are intensifying efforts to strengthen their economic partnership, with both countries placing…
Microsoft Unveils $2.5 Billion Frontier Company to Accelerate Enterprise AI Adoption
Microsoft has announced the launch of the Microsoft Frontier Company, a new $2.5 billion initiative…
Amazon Pushes Ahead With Satellite Internet Expansion Despite Rocket Launch Setbacks
Amazon is pressing forward with its ambitious satellite internet expansion plans, even as rocket shortages…
Meta Launches Pocket AI Gaming App, Letting Users Create Games with Simple Text Prompts
Meta has quietly expanded its presence in the artificial intelligence space with the launch of…
UAE Oil Pricing Strategy Shifts Toward Dubai Benchmark to Strengthen Grip on Asian Markets
The United Arab Emirates is making a bold move to strengthen its foothold in Asia’s…
Afreximbank Urges Nigeria, African Nations to End Lithium Exports and Build EV Battery Industry
African Export-Import Bank (Afreximbank) President and Chairman of the Board, Dr. George Elombi, has called…
US-Nigeria Trade Surges to $15 Billion as America Deepens Economic and Security Partnership
The United States has reaffirmed its commitment to strengthening ties with Nigeria after bilateral trade…
African Startup Funding Rebounds as Ventures Attract $3.9bn in Fresh Investment
Africa’s technology ecosystem is showing renewed strength as startups across the continent raised an impressive…
Global Stock Markets Rally as South Korea Surges Despite Technology Sector Weakness
Global stock markets rallied on Friday, showing resilience despite continued weakness in semiconductor and technology…
India Halts WhatsApp Username Rollout Amid Rising Cyber Fraud Concerns
India has asked Meta to suspend the planned rollout of WhatsApp’s new username feature, raising…
Apple Expands iPhone Lineup With Foldable Devices as Global Chip Shortage Reshapes Smartphone Market
Apple is reportedly preparing one of its most ambitious product expansions in years, with plans…
AI partnership to help firms automate compliance
Dun & Bradstreet has entered a strategic partnership with artificial intelligence company Anthropic to enhance…
Arahas Global Appoints Folake Soetan to Drive Oilfield Services Transformation Across Africa
Arahas Global Oilfield Services has appointed renowned energy executive Folake Soetan as its new Managing…
Tinubu Backs Digital Trade Revolution to Unlock Africa’s $3.4 Trillion Market
President Bola Tinubu has reaffirmed Nigeria’s commitment to driving Africa’s digital trade revolution, saying his…
U.S. Stock Futures Remain Volatile Ahead of Key Jobs Report as Investors Assess Market Outlook
U.S. stock futures traded cautiously on Thursday as investors awaited the release of a crucial…
Afreximbank Invests 80% of Resources in Africa to Drive Infrastructure and Economic Growth
The African Export-Import Bank (Afreximbank) has revealed that about 80 per cent of its balance…
IMF Flags Missing Public Spending in Nigeria’s Budget, Says 2% of GDP Went Unreported
The International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal reporting, revealing that public…
US Stock Futures Slip as Investors Pause After Dow’s Strongest First Half in Five Years
Wall Street looked set for a cautious start to July as U.S. stock futures slipped…
Elon Musk Reclaims Trillionaire Status as SpaceX and Tesla Shares Soar
Elon Musk has once again crossed the trillion-dollar wealth mark after a strong rally in…
Trump Administration Lifts Export Restrictions on Anthropic’s Mythos and Fable AI Models
Anthropic is set to restore global access to its highly advanced Mythos and Fable artificial…
Nigeria Tops African Peers in IMD Economic Performance Ranking Despite Competitiveness Challenges
Nigeria has emerged as the highest-performing African economy in the International Institute for Management Development…
World Bank to End China Lending by 2031 as Partnership Enters New Phase
The World Bank has announced plans to phase out lending to China by 2031, signaling…
FTSE Russell Delays Nigeria Frontier Market Upgrade Over Concerns About New T+1 Settlement Cycle
Nigeria’s anticipated return to Frontier Market status has hit an unexpected hurdle after global index…
Arena Hits $100 Million Revenue Milestone as AI Evaluation Demand Surges
Arena, the widely used AI leaderboard platform that began as a research project at the…
WhatsApp Username Feature Set to Boost Privacy by Hiding Phone Numbers
WhatsApp is preparing to launch one of its most significant privacy updates yet, allowing users…
AfCFTA Boosts Nigeria’s Intra-African Trade to $9.02bn as Regional Exports Surge 21%
Nigeria’s trade with other African countries recorded a significant leap in 2025, reaching $9.02 billion…
Wall Street Ends First Half on a High as Dow Hits Record Close and Stock Futures Edge Higher
Wall Street is preparing to close out the first half of the year on a…
Africa’s Digital Future at Stake as Leaders Urged to Take Charge in the AI Era
As artificial intelligence continues to transform industries and economies worldwide, African leaders are being challenged…