AI Could Trigger “Deeper Destruction” No One Fully Understands Yet, Bluechip CEO Warns
The Chief Executive Officer and co-founder of Bluechip Technologies, Kazeem Tewogbade, has raised serious concerns about the long-term risks of…
Category: International
Oracle Beats Earnings Expectations but Slides on $20B Fundraising Plan as AI Spending Surges
Oracle delivered a stronger-than-expected performance in its fiscal fourth quarter, beating Wall Street forecasts on both revenue and earnings while…
Stock Futures Rise After U.S. Iran Strikes End as Oil Climbs and Global Markets Turn Volatile
Global markets reacted sharply on Thursday after U.S. officials confirmed that military strikes against Iran had been completed, even as…
Intra-African Trade Set to Hit $250bn in 2026 as AfCFTA Pushes Economic Integration Across the Continent
Intra-African trade is on track for a major milestone in 2026, with projections indicating it could rise to $250 billion,…
Dangote Refinery Poised to Gain as Russia Extends Jet Fuel Export Ban
The Dangote Petroleum Refinery may be set for another boost in the international aviation fuel market following Russia’s decision to…
Opendoor’s India Exit Sparks Fresh Debate Over AI’s Impact on Global Outsourcing
San Francisco-based online home-buying platform Opendoor has announced the closure of its India operations, a move that is rapidly fueling…
Standard Bank Backs Dangote Refinery IPO, Pledges Support for Expansion Across Africa
Africa’s largest financial institution, Standard Bank Group, has thrown its weight behind the planned Dangote Refinery IPO, reaffirming its commitment…
Nigeria Imports N654.94bn Worth of Goods from Africa in Q1 2026 — South Africa, Angola, Egypt Lead Trade Surge
Nigeria’s African Imports Hit N654.94bn in Q1 2026 as South Africa Tops Trade Partners Nigeria’s import trade with African countries…
Nigeria’s Foreign Debt Projected to Hit $72.6bn by 2027 Amid Election Spending Pressures – IMF Warns
Nigeria’s external debt is projected to rise sharply to $72.6bn by 2027, according to the International Monetary Fund (IMF), raising…
Stock Futures Fall After U.S. Strikes Iran Amid Rising Middle East Tensions
U.S. stock futures slipped early Wednesday as investors reacted sharply to escalating geopolitical tensions after the United States carried out…
United Capital Secures Investment Banking Licences in Ethiopia and Rwanda, Expanding East Africa Footprint
United Capital Plc has taken a bold step in its continental expansion strategy after securing investment banking licences in Ethiopia…
Anthropic’s Claude Fable 5 is a version of Mythos the public can access today
Anthropic has officially opened access to its most powerful AI system yet, launching Claude Fable 5, a public-facing version of…
Oil Prices Drop Sharply as Iran–US Peace Talks Ease Global Supply Fears
Oil prices fell sharply on Tuesday after renewed optimism over a possible diplomatic breakthrough between Iran and the United States…
IMF Backs Nigeria’s Economic Reforms but Warns of Rising Poverty and Food Insecurity
The International Monetary Fund (IMF) has once again expressed support for Nigeria’s ongoing economic reforms, acknowledging that the country is…
Google Slashes AI Subscription Price to $4.99, Igniting New AI Price War in the U.S.
Google has escalated the growing artificial intelligence subscription battle by slashing the price of its entry-level AI plan, Google AI…
S&P 500, Nasdaq Slip as Chip Stock Rally Loses Steam Despite Falling Oil Prices
The U.S. stock market ended mixed on Tuesday, with the S&P 500 and Nasdaq Composite posting losses as a short-lived…
West Africa Leads Africa’s Digital Tax Revolution as Nigeria, Ghana, Benin Drive Major Reforms – WATAF
West African countries including Nigeria, Ghana, Benin, and Senegal are taking the lead in reshaping Africa’s tax landscape through bold…
Dangote Named Africa’s Most Admired Brand for 8th Straight Year
Dangote Industries Limited has once again cemented its reputation as Africa’s most admired brand, retaining the top position for the…
OpenAI IPO Filing Signals AI Mega-Race With Anthropic and SpaceX
OpenAI, the creator of ChatGPT, has quietly taken a major step toward becoming a public company by filing confidential paperwork…
United Capital Expands into East Africa with Investment Banking Licences in Ethiopia and Rwanda
United Capital has recorded a major breakthrough in its African expansion strategy after securing investment banking licences in both Ethiopia…
Global Stocks Rally as Chip Surge Lifts Markets, South Korea’s Kospi Jumps Over 8%
Global stock markets extended their gains on Tuesday as a strong rebound in semiconductor stocks boosted investor confidence, helping Wall…
Nigeria Seeks €59m EU Support to Combat Illegal Fishing and Boost Blue Economy
Nigeria has moved to secure a major €59 million support package under the West Africa Sustainable Ocean Programme (WASOP) to…
United Capital Secures Landmark Investment Banking License in Ethiopia
Nigeria’s United Capital Group has made a major breakthrough in East Africa after securing approval to operate investment banking services…
Heirs Energies Wins Global Oil & Gas Deal of the Year for $750M Afreximbank Financing Breakthrough
Heirs Energies Limited, one of Nigeria’s fast-growing indigenous energy companies, has earned major global recognition after its $750 million Afreximbank-backed…
AI-Linked Tech Stocks in Global Sell-Off as SoftBank Slides 6% on Market Rout
Global technology markets started the week under heavy pressure as a widespread tech stock sell-off accelerated, hitting AI-linked companies particularly…
OpenAI Super App Strategy: ChatGPT Set for Major AI Upgrade with Agents and Coding Tools
OpenAI is reportedly preparing a major upgrade to ChatGPT as part of its long-term vision to turn the platform into…
OpenAI Plans Massive ChatGPT Superapp Overhaul Ahead of IPO Push
OpenAI is preparing what could be the most significant transformation of its flagship product since ChatGPT launched in 2022. According…
Nigeria Left Out as OPEC Raises Oil Quotas for Algeria, Saudi Arabia and Others in Latest Output Adjustment
Nigeria has once again missed out on benefiting from the latest oil production quota adjustments by the Organisation of Petroleum…
Global Markets in Turmoil as Middle East Tensions Spark Sell-Off — Asia Leads Sharp Declines
Global financial markets were thrown into uncertainty on Monday as rising tensions in the Middle East triggered a wave of…
Africa’s AI Future at Risk as Experts Warn of Ethical and Skills Gaps in Adoption
Experts and industry stakeholders have raised fresh concerns over Africa’s readiness for Artificial Intelligence (AI), warning that ethical gaps, weak…