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 Director, marking a major step…
Category: International
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 administration is implementing key reforms…
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 employment report that could provide…
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 sheet is currently invested in…
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 spending equivalent to about 2%…
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 on Wednesday, following an impressive…
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 the shares of SpaceX and…
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 intelligence models after the Trump…
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 (IMD) World Competitiveness Ranking 2026,…
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 a significant change in its…
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 provider FTSE Russell announced that…
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 University of California, Berkeley, has…
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 to communicate without revealing their…
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 and marking a 21 per…
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 strong note, with U.S. stock…
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 to take a more active…
Dangote Eyes Major Tanzania Expansion with Ports, Power Plant and Fertiliser Projects
Tanzania is set for a new wave of industrial and infrastructure development following high-level talks between President Samia Suluhu Hassan…
Flutterwave’s $50bn Milestone Signals a New Era for Africa’s Digital Payments Revolution
Africa’s digital economy is entering a transformative phase, and Flutterwave’s latest milestone is offering a glimpse into just how far…
US Demand for Nigerian Goods Falls as Trade Deficit Hits N1.63 Trillion in Q1 2026
Nigeria’s trade relationship with the United States took a significant turn in the first quarter of 2026, as demand for…
Stock Futures Surge as Tech Stocks Rebound Amid U.S.-Iran Ceasefire Agreement
U.S. stock futures climbed sharply on Monday as investors welcomed signs of renewed strength in technology shares and a temporary…
US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report
U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of important…
Exports to US fall by N366bn as imports surge
Nigeria’s trade relationship with the United States took a dramatic turn in the first quarter of 2026 as exports to…
Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound
Asian stock markets started the week on a positive note as investors welcomed reports that the United States and Iran…
Micron’s AI Boom Sparks Wall Street Frenzy as Chipmaker Emerges as the Next Nvidia
Micron Technology has become one of the biggest success stories of the artificial intelligence revolution, with investors increasingly viewing the…
Global Tech Sell-Off Deepens as Nasdaq Futures Slide on Rising AI Infrastructure Costs
Stock futures fell sharply on Friday as investors continued to retreat from technology stocks, extending a global market sell-off fueled…
AI Stock Selloff Deepens as Tech Giants Face Rising Costs and Investor Jitters
Technology stocks across Asia, Europe, and the United States came under intense pressure on Friday as investors continued to pull…
Patronus AI Raises $50 Million to Build Digital Worlds That Put AI Agents to the Ultimate Test
As artificial intelligence agents become increasingly capable of handling complex tasks on their own, ensuring their reliability has become one…
Apple Raises Mac and iPad Prices by Up to 25% as AI-Driven Chip Demand Pushes Costs Higher
Apple has increased the prices of its Mac and iPad product lines by as much as 25%, citing a sharp…
Treasury Yields Slip as Inflation Concerns and Middle East Tensions Keep Markets on Edge
U.S. Treasury yields moved lower on Friday as investors closely monitored the latest inflation data and renewed geopolitical tensions in…
Intra-African Trade Hits $213.8 Billion as AfCFTA Drives Regional Economic Growth
Africa’s push for deeper economic integration is yielding positive results as intra-African trade climbed by 5.5 percent in 2025, reaching…