High Energy Prices Could Derail Europe’s AI Race Against the U.S. and China
Europe is racing to compete with the United States and China in the fast-growing artificial intelligence sector, but rising electricity…
Category: International
Elon Musk vs OpenAI Trial Ends With One Big Question: Can Sam Altman Be Trusted?
The legal battle between Elon Musk and OpenAI has reached its final stage, with closing arguments now complete and the…
Brent Crude Oil Prices Surge Above $111 as Middle East Tensions Fuel Supply Shock Fears
Oil prices surged sharply in early Asian trading on Monday, with Brent crude crossing the $111 mark as renewed geopolitical…
Stock Futures Drop After Record Wall Street Rally as Investors Brace for Nvidia Earnings and Rising Oil Prices
Stock futures slipped early Monday after a strong, record-setting week on Wall Street, signaling a cautious start as investors shifted…
West African Ports Vital to Global Economic Survival, Says NPA Boss
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has emphasized that West African ports play a…
Oil Prices Near $110 as Trump Warns Iran Over Strait of Hormuz Crisis
Oil prices climbed sharply toward $110 per barrel on Sunday, reaching about $109.3 as rising tensions in the Middle East…
European Markets Slide as Trump’s Iran Warning Sparks Fresh Global Tension
European stock markets began the week on a negative note after renewed tensions between the United States and Iran rattled…
What happens when AI starts building itself?
A new wave in artificial intelligence is taking shape as San Francisco-based startup Recursive Superintelligence emerges from stealth with a…
Nvidia Stock Outlook: Jim Cramer Says AI Chip Sales in China May Help, But Growth Is Strong Either Way
CNBC’s Jim Cramer has weighed in on the growing debate around Nvidia’s future in China, saying the company should be…
Africa’s Cement Industry Set to Hit $11.71bn by 2029 Amid Infrastructure Boom
Africa’s cement manufacturing industry is on track for significant expansion, with its total market value projected to rise from about…
IMF Says US-China Dialogue Could Boost Global Economy Amid Rising Oil and Inflation Pressures
The International Monetary Fund (IMF) has welcomed recent high-level discussions between U.S. President Donald Trump and Chinese President Xi Jinping,…
Kospi Crashes 6% From Record High as Tech Stocks Tumble
South Korea’s stock market took a dramatic turn on Friday as the Kospi index plunged more than 6%, wiping out…
Iran wants BRICS to condemn US, Washington boosts UN aid, Kenya fuel prices surge and other stories
Global tensions intensified at a recent BRICS+ summit in New Delhi as Iran called on member states to condemn the…
Nigeria, Germany Sign €365m Development Deal to Boost Energy, Agriculture and Investment Growth
Nigeria and Germany have entered into a major €365 million development and investment partnership aimed at accelerating economic growth, expanding…
SpaceXAI Talent Exodus Deepens as Over 50 Engineers Quit After Musk Merger
Elon Musk’s newly formed AI powerhouse, SpaceXAI, is reportedly experiencing a significant wave of staff departures just months after its…
Heirs Holdings Subsidiaries Ranked Among Africa’s Fastest-Growing Companies by Financial Times
Heirs Holdings has strengthened its reputation as one of Africa’s leading investment groups after three of its subsidiaries earned spots…
Nigeria Set to Attract $20bn Foreign Investments in 2026 — Tinubu Declares at Africa CEO Forum
President Bola Tinubu has projected that Nigeria could attract nearly $20 billion in foreign direct investments (FDI) in 2026, signaling…
Tinubu Targets Massive Investment in Power, Mining Sectors at Africa CEO Forum — Oyedele
Nigeria’s push to attract fresh foreign investment took centre stage at the ongoing Africa CEO Forum in Kigali, Rwanda, as…
Zambia Slashes Interest Rate to 13.25% as Inflation Cools Amid Global Uncertainty
Zambia Continues Easing Cycle with Third Rate Cut Zambia’s central bank has lowered its benchmark interest rate to 13.25% from…
Google transforms Android into AI-powered ‘Intelligent System’ with Gemini features
Google has unveiled a major transformation of its Android operating system, introducing a new wave of artificial intelligence-powered features designed…
Global Trade Uncertainty: World Bank Says Ghana Can Turn Risks Into Opportunities Under AfCFTA
Rising uncertainty in global trade and the increasing fragmentation of supply chains may be creating risks for many developing economies,…
Nigeria Debt Servicing to Hit $11.6bn in 2026, Tinubu Warns of Economic Strain on Growth
President Bola Ahmed Tinubu has revealed that Nigeria is projected to spend a staggering $11.6 billion on debt servicing in…
Nigeria, Rwanda Strengthen Bilateral Relations
Nigeria and Rwanda have agreed to strengthen their bilateral relations as both countries move to deepen cooperation in trade, diplomacy,…
Asia Markets Mixed as Trump–Xi Talks and Iran Tensions Shake Investor Sentiment
Asia-Pacific stock markets traded mixed on Wednesday as investors reacted to rising geopolitical tensions, fresh U.S. inflation concerns, and anticipation…
Firm Launches AI-powered Tools To Cut Cost, Complexity Of Payment Disputes
Visa has launched a new suite of AI-powered dispute resolution tools aimed at helping businesses tackle the growing cost and…
European Markets Rise as UK Political Uncertainty and Trump-Xi Talks Drive Investor Attention
European stock markets opened on a positive note Thursday morning as investors closely monitored major political developments unfolding in both…
Trump Considers Fuel Tax Cut as Oil Prices Hit $107 Amid US-Iran War
Americans are facing mounting economic pressure as petrol prices continue to climb following the escalating conflict between the United States…
Dangote Targets $50bn Refinery Valuation Ahead of IPO as Expansion Plans Stretch Across Africa
Africa’s richest man, Aliko Dangote, is positioning his flagship refinery for a major leap into global capital markets, with the…
Jet Fuel Crisis in Europe Boosts Dangote Refinery Exports by 75% as Nigeria Gains Global Supply Role
Nigeria’s Dangote Petroleum Refinery is rapidly strengthening its position in the global energy market as Europe battles a severe jet…
IMF Warns Unrealistic Budgets Are Driving Wider Fiscal Deficits in Sub-Saharan Africa
Sub-Saharan African countries are facing growing pressure on their public finances as a new report from the International Monetary Fund…