Treasury Yields Hold Steady as Middle East Tensions Keep Investors on Edge
U.S. Treasury yields traded mostly lower on Tuesday as investors carefully weighed growing geopolitical tensions in the Middle East against…
Category: International
FG to Issue N729bn Bond to Clear GenCos’ Debt, Boost Power Sector Stability
The Federal Government has announced plans to issue a second bond worth approximately N729 billion to settle verified legacy debts…
Fintech expert advocates single African currency to boost trade
The push for a single African currency has once again taken center stage as fintech expert and Condia founder, Benjamin…
Anthropic Copyright Settlement Approved: AI Firm to Pay $1.5 Billion in Landmark Case
The landmark Anthropic copyright settlement has officially received final court approval, paving the way for the artificial intelligence company to…
Nigerian Crude Prices Surge as US-Iran Conflict Disrupts Strait of Hormuz Shipping
Nigerian crude prices surged to a 10-day high after escalating military tensions between the United States and Iran sparked fresh…
Agribusinesses in Nigeria, Kenya, three others to get recognitions
The race to celebrate Africa’s food and agriculture champions has officially begun as public nominations open for the inaugural Foodies…
$400 Million AI Inference Chip Deal Signals Shift Away from Nvidia-Dominated GPU Market
The artificial intelligence industry may be witnessing the start of a new era as General Compute, an AI inference cloud…
Dangote Refinery Emerges Major Winner as US-Iran Conflict Boosts Demand, Wealth Soars
Africa’s richest man, Aliko Dangote, is emerging as one of the biggest beneficiaries of the global energy market disruptions triggered…
African Leaders Launch Bold Plan to Boost Intra-African Livestock Trade Under AfCFTA
African leaders have unveiled an ambitious strategy to unlock the full potential of the continent’s livestock industry, with a renewed…
EU asks Google to share search data, Android features with AI rivals
The European Union has intensified its push to promote competition in the technology sector by ordering Google to share key…
OnePlus Exits U.S. and Europe Smartphone Markets as Global Phone Demand Slows
OnePlus has announced that it will no longer launch new smartphones and products in the U.S. and Europe, marking a…
SpaceX Shares Slip Below IPO Price as Investor Optimism Fades Amid Valuation Concerns
SpaceX shares dropped below their $135 initial public offering (IPO) price for the first time on Wednesday, signaling a major…
U.S. Crude Inventories Drop 1.7 Million Barrels as Iran Tensions Keep Oil Markets on Edge
The latest U.S. Energy Information Administration (EIA) report has revealed a significant decline in American crude oil stockpiles, with inventories…
DeepMind CEO Warns AGI Could Arrive Within Years, Calls for Urgent Global AI Safeguards
Google DeepMind CEO Demis Hassabis has issued a stark warning that Artificial General Intelligence (AGI) could become a reality within…
Xi Jinping Unveils China’s Global AI Vision as Huawei Showcases Powerful New AI Computing System
Chinese President Xi Jinping is expected to take center stage at the World Artificial Intelligence Conference (WAIC) in Shanghai this…
Foreign Investors Shift to Indian Bonds as Stock Market Sees Massive Sell-Off
Foreign investors are increasingly turning their attention to Indian government bonds, even as they continue to pull money out of…
US Inflation Eases in June as Energy Prices Fall, but Fresh Middle East Tensions Cloud Outlook
The United States recorded a welcome slowdown in inflation during June 2026, driven largely by a sharp decline in energy…
Nigeria, Hong Kong Sign Double Taxation Agreement to Boost Trade and Investment
Nigeria and the Hong Kong Special Administrative Region of the People’s Republic of China have officially signed a landmark Double…
China Oil Inventories Emerge as Key Force Behind the Next Global Oil Rally
China’s massive oil stockpiles are rapidly becoming one of the most influential factors in the global energy market, with analysts…
GPT-5.6 Sol File Deletion Reports Raise Concerns Over OpenAI’s Most Powerful Coding Model
OpenAI’s newly released GPT-5.6 Sol model is facing growing scrutiny after several developers and technology professionals reported that the AI…
Stock Futures Rise as Cooling Inflation Boosts Fed Rate Cut Hopes
Wall Street appeared set for another positive session on Wednesday as stock futures edged higher following a surprisingly soft U.S.…
US June Inflation Cools to 3.5% as Energy Dropped, But Middle East War Threatens Relief
American consumers caught a rare break last month as US June inflation cooled faster than anyone expected. Fresh Labor Department…
FG Grants Shell $11.5 Per Barrel Tax Credit to Unlock $20 Billion Bonga Deepwater Investment
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest Aparo deepwater oil project, a…
US stocks climb as inflation eases, banks impress
Wall Street caught a breath of fresh air on Tuesday morning as cooling inflation data and a blockbuster start to…
NNPC and African Oil Giants Unite to Launch $5B Bank and End Fuel Imports
Africa is officially tired of exporting its wealth and buying it back at a premium. In a massive push toward…
Nigeria, Ghana, Côte d’Ivoire, Cameroon form alliance to end raw cocoa exports
For decades, the story of African cocoa has been one of missed opportunity: the continent grows the vast majority of…
Tinubu Urges Afreximbank to Fast-Track Africa’s Industrialisation and Economic Growth
President Bola Ahmed Tinubu has called on the African Export-Import Bank (Afreximbank) to play a more active role in driving…
OpenAI’s first hardware device is reportedly a screenless speaker that can move
OpenAI is reportedly preparing to enter the consumer hardware market with an ambitious new product that could change how people…
Meta’s $50 Billion AI Infrastructure Expansion Fuels Global Data Centre Boom
Meta Platforms has unveiled a major expansion of its artificial intelligence infrastructure, committing more than $50 billion to scale up…
South Africa Strategic Oil Reserve Plan Targets 36 Million Barrels to Boost Energy Security
South Africa is set to significantly strengthen its energy security with plans to establish a strategic petroleum reserve of approximately…