Stablecoin Inflows in Nigeria Dominate Sub-Saharan Africa, IMF Report Reveals Digital Currency Shift
Nigeria has emerged as a central hub for digital asset movement in Africa, accounting for about 60% of stablecoin inflows…
Category: International
IMF Says Naira Undervalued by 25.6%, Estimates Fair Exchange Rate at N1,142 per Dollar
The International Monetary Fund (IMF) has revealed that the Nigerian naira remains significantly undervalued despite recent improvements in the foreign…
AI Agents Will Replace Apps, Says Qualcomm CEO as Company Builds 40+ AI Devices | Future of Smartphones Explained
Qualcomm’s CEO Cristiano Amon has made a bold prediction about the future of technology, saying that AI agents will soon…
AI Companies Eye IPO Boom as SpaceX Triggers Market Ripple Effect Across Tech and Energy Sectors
The tech and financial world is entering what many analysts are calling a potential “AI IPO summer,” as major artificial…
Elon Musk Predicts SpaceX Could Hit $1 Trillion Revenue by 2030 After Historic $2 Trillion Valuation
Elon Musk, the billionaire entrepreneur behind Elon Musk, has projected that his space exploration company, SpaceX, could generate as much…
Dangote Refinery Cuts Petrol Price by N75 Amid Global Oil Price Drop
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (petrol), slashing it by N75…
US–Iran Peace Deal Sends Shockwaves Through Global Markets — What It Means for Nigeria’s Economy
Global relief as US–Iran peace deal calms energy markets A newly announced peace agreement between the United States and Iran…
U.S. Stock Futures Flat After Dow Record Close on U.S.–Iran Deal; Asian Markets Hit Record Highs
U.S. stock futures were mostly unchanged on Tuesday following a strong rally in the previous session that pushed the Dow…
Nigeria Power Crisis: World Bank $3.653bn Funding Exposes Deep Structural Failures in Electricity Sector
Nigeria’s persistent electricity crisis continues to raise tough questions, even as the country benefits from billions of dollars in international…
Meta Unveils Facebook ‘AI Mode’ That Turns Public Posts Into Instant Answers Amid AI Push
Meta has introduced a major new feature called “AI Mode” on Facebook, marking another step in its push to integrate…
Nuclear Energy Comeback Gains Momentum as Nations Turn to “All-of-the-Above” Power Strategy
A global shift in energy strategy is underway as nuclear power stages a strong comeback, driven by rising concerns over…
U.S. Stock Futures Jump After Iran Peace Deal as Global Markets Rally on Trump Announcement
Global financial markets opened the week on a strong note as U.S. stock futures surged after President Donald Trump announced…
AI IPO Boom: SpaceX Leads Trillion-Dollar Wave as OpenAI and Anthropic Race Toward Public Markets
The global tech and financial markets are entering a new phase of disruption as artificial intelligence companies prepare for a…
SoftBank Surges 10%+ as Iran–U.S. Peace Deal Sparks Asia Tech Stock Rally
Asian technology stocks soared on Monday as investors reacted positively to reports of a peace agreement between Iran and the…
Amazon CEO Andy Jassy Raises Alarm Over Anthropic AI Models, Triggering Global Access Block—Report
A major development in the global artificial intelligence industry has emerged after reports that Anthropic’s advanced AI models were restricted…
Anthropic AI Model Suspension Sparks India Debate on Sovereign AI and Tech Dependence
A sudden move by Anthropic to suspend access to its newest AI models has triggered a major global tech shake-up—and…
US–Iran Peace Deal Could Crash Petrol Price to N900 as Global Oil Market Slumps
The price of petrol in Nigeria may soon see a major relief, with industry operators suggesting that Premium Motor Spirit…
Dangote Refinery Slashes West Africa Fuel Imports as Regional Energy Trade Reshapes
West Africa’s fuel supply chain is undergoing a major shift as the ramp-up of the Dangote Petroleum Refinery sharply reduces…
Crude Oil Prices Fall After US–Iran Peace Deal Reopens Strait of Hormuz | Global Markets Rally
Global oil prices fell sharply on Monday while stock markets surged after the United States and Iran announced a landmark…
SpaceX Stock Surges 6% in Premarket After Record-Breaking IPO Debut
SpaceX shares continued their strong momentum on Monday, rising about 6% in premarket trading following last week’s historic market debut…
NGX and Abu Dhabi Exchange Partner to Unlock Middle East Investment Flow into Africa’s Capital Markets
The Nigerian Exchange Group (NGX) and the Abu Dhabi Securities Exchange (ADX) are deepening talks on a strategic partnership designed…
US-Iran Peace Deal Sends Oil Prices Tumbling as Global Markets React to Surprise Truce
A major geopolitical shock has rippled through global markets after reports that the United States and Iran have reached a…
Nigeria’s Banking Profit Boom Fades as Earnings Drop, While African Rivals Surge Ahead
Nigeria’s banking sector, once celebrated as one of Africa’s strongest profit engines, is entering a new phase marked by slowing…
UK Pledges £15m to Boost Nigeria’s Economy
The United Kingdom has announced a £15 million Growth Programme for Nigeria, a strategic initiative aimed at accelerating economic reforms,…
Equal AI Raises $30M to Let Indians Outsource Their Phone Calls to AI Assistants
India’s constant flood of phone calls—from spam and scams to delivery updates and service promotions—has created a daily communication overload…
Oil Prices Tumble as Trump Signals Iran Peace Deal, Easing War Fears in Global Markets
Global oil prices fell on Thursday after U.S. President Donald Trump signaled a possible breakthrough in tensions with Iran. His…
Flutterwave CEO Olugbenga Agboola Unveils Africa Financial OS Vision, Calls for Shock-Resistant Payment Infrastructure
Flutterwave Founder and CEO, Olugbenga Agboola, has called for a new generation of financial infrastructure in Africa that is built…
World Bank Cuts Nigeria’s Growth Outlook to 4.1% as Structural Weaknesses Weigh on Economy
The World Bank has revised Nigeria’s economic growth projection downward to 4.1% for 2026, warning that deep-rooted structural challenges continue…
Nigerian Gas Exports Surge 57% to $3.38bn as Europe Demand and Global Energy Crisis Boost LNG Trade
Nigeria’s liquefied natural gas (LNG) exports have recorded a major boost, surging by 57% to $3.38 billion in the first…
SpaceX IPO Shatters Records with $75 Billion Raise, Pushing Elon Musk Closer to Trillionaire Status
SpaceX has rewritten the history books of global finance after raising an unprecedented $75 billion in what has become the…