Browsing Category
International
Nigeria’s Oilserv secures deal to develop two oil and gas blocks in Gabon
Nigeria’s energy infrastructure company Oilserv has signed an agreement with the Gabonese Government to…
US Stock Futures Rise After Post-Fed Rally as Investors Refocus on AI Stocks
U.S. stock futures edged higher on Friday, September 18, as investors extended the positive momentum from Wall…
Dangote Refinery Defends $49bn Valuation as Global Rivals Face Mounting Pressure
The Dangote Petroleum Refinery is defending its proposed valuation of nearly $49 billion, arguing that its…
World Bank Mobilises Record $112bn Private Capital for Developing Economies
The World Bank Group has mobilised a record $112 billion in private capital for developing economies in its 2026…
Farm Produce Inflation Hits 21.99% in August, Highest Level in 2026
Farm produce inflation in Nigeria climbed to 21.99% in August 2026, marking its highest level so far this year and…
UK Inflation Rises to 3.1% as Petrol and Diesel Prices Surge
The United Kingdom’s inflation rate climbed to 3.1 percent in August 2026, up from 2.9 percent in July, as rising…
Meta Launches AI Subscription Plans as Tech Giant Expands Push to Monetise…
Meta has launched Meta One, a new subscription service that gives users expanded access to artificial intelligence…
US Stock Futures Edge Higher as Investors Await Crucial Fed Rate Decision
U.S. stock futures moved modestly higher on Wednesday as investors turned their attention to the Federal Reserve’s…
Meta Lets AI Agents Handle WhatsApp Business Setup, Messaging and Troubleshooting
Meta is making it easier for businesses to set up and manage WhatsApp Business with the help of artificial…
Nigeria, Spain Move to Deepen Trade and Investment as Ambassador Calls for…
Nigeria and Spain are looking to strengthen their economic relationship, with Nigeria’s Ambassador to Spain, Okezie…
AI Threat to Humanity Sparks Fresh Debate as Trump Dismisses Fears
Concerns over the AI threat to humanity have intensified as former Google DeepMind researcher Bilal Chughtai warned…
Nigeria’s Bonny Light Surges Past $115 as Saudi Pipeline Disruption Fuels Oil…
Nigeria’s Bonny Light crude has surged above $115 per barrel, extending the rally in global oil prices as…
Syria Fuel Crisis Raises Fresh Energy Security Concerns for Nigeria
Syria’s worsening fuel crisis has exposed the risks countries face when they depend heavily on imported crude,…
OpenAI’s Sam Altman Warns AI Race Could Go Too Far as Industry Calls for Slowdown
The global artificial intelligence race may be heading for a reality check as OpenAI CEO Sam Altman joins other…
Hormuz Traffic Plunges as Saudi Pipeline Shutdown Deepens Middle East Oil Supply…
The Strait of Hormuz oil supply route is facing fresh pressure as the number of commodity vessels crossing the…
India Wants More Nigerian Crude as Shettima, Modi Move to Revive $9bn Trade Ties
India is seeking to increase its purchases of Nigerian crude oil as Abuja and New Delhi move to…
OpenAI Deepens Samsung Partnership as AI Chip Race Intensifies
OpenAI is deepening its partnership with Samsung Electronics through joint production and research into…
Dangote Plans 1,000MW Power Plant in Kenya as Energy Push Expands
Dangote Industries is set to deepen its footprint in East Africa with plans for a 1,000-megawatt liquefied natural…
US Treasury Yields Hold Steady as Investors Await Key Inflation Data
US Treasury yields remained largely steady on Thursday as investors turned their attention to fresh wholesale…
Global Clean Energy Investment Drops 17% as China Pullback Weighs on Market
Global clean energy investment fell 17% in the first half of 2026, with a sharp pullback in China emerging as the…
OPEC+ Keeps Saudi Arabia, Russia Oil Output Unchanged for October
Saudi Arabia, Russia and five other major oil producers have agreed to maintain their September 2026 oil production…
Oil Prices Cross $100 as US-Iran Conflict Deepens, Raising Nigeria’s Revenue Hopes
Global oil prices have surged above $100 per barrel for the first time since late July as intensifying military…
Open AI Appoints AI Safety Researcher Paul Christiano to Foundation Board
Open AI has appointed prominent AI safety researcher Paul Christiano to the board of the Open AI Foundation,…
Bank of Ghana Flags 20 Unlicensed Loan Apps, Warns Public Against Operators
The Bank of Ghana (BoG) has flagged 20 mobile loan applications operating without the required licence or…
Africa Loses $74.5bn to High-Risk Perception as Borrowing Costs Soar
Africa is losing an estimated $74.5 billion in additional debt-service costs because of exaggerated risk…
Stock Futures Slip as Brent Crude Surges Past $100 Amid U.S.-Iran Tensions
Stock futures edged lower early Wednesday as investors returned to a cautious mood following a broad sell-off in…
AfDB Unveils $5.1bn Plan to Cushion Africa From Energy, Fertiliser Crisis
The African Development Bank Group (AfDB) has approved a $5.1 billion response plan aimed at helping Nigeria and…
Hackers Steal Claude Tokens From Subscribers as Anthropic Warns Users
Hackers are reportedly targeting Claude subscribers, secretly using compromised account sessions to consume users’…
Rising Oil Prices Put China’s Independent Refiners Under Pressure
China’s independent refiners could be heading for a difficult period as rising international oil prices and…
IMF: Trade Payment Restrictions Can Strengthen Current Account, Influence Exchange…
The International Monetary Fund (IMF) has said trade payment restrictions can strengthen a country’s current…