Musk mulled handing OpenAI to his children, Altman testifies
OpenAI CEO Sam Altman has taken the stand in a closely watched legal battle brought by Elon Musk, where Musk…
Category: International
Tinubu blames high borrowing costs for Africa’s weak manufacturing growth
President Bola Ahmed Tinubu has blamed high borrowing costs, illicit financial flows, and restrictive global financial policies for the slow…
European Markets Rebound as UK Gilt Yields Ease Amid Starmer Leadership Pressure
European stock markets opened higher on Wednesday, recovering from losses recorded in the previous trading session as investor confidence improved…
Egypt Overtakes Nigeria on FT Fast-Growing Firms Ranking as Naira Crisis Hits Startups
Nigeria has lost its long-standing dominance on the Financial Times’ list of Africa’s fastest-growing companies, with Egypt emerging as the…
Enterprise AI Adoption Hits “Tipping Point” as OpenAI Expands Business Push, Says Revenue Chief
OpenAI’s Chief Revenue Officer, Denise Dresser, has said that enterprise artificial intelligence adoption is now at a “tipping point,” signaling…
OPEC Oil Output Drops to 26-Year Low as Iran Conflict Disrupts Global Supply Chains
OPEC’s crude oil production has fallen to its lowest level in 26 years, reflecting major disruptions in global supply chains…
Dollar Cycles and Middle East Tensions Put African Industries at Risk – Manufacturers Warn
African manufacturers are raising concerns that recent currency stability across parts of the continent may be misleading, as deeper structural…
Dangote Targets $50bn Valuation for Refinery Ahead of Landmark Pan-African Stock Listing
Nigeria’s richest man, Aliko Dangote, is setting an ambitious target for his flagship energy project, as the Dangote Group pushes…
Nigeria Debt Risk Remains High Despite Temporary Relief, NESG Warns on Rising Fiscal Pressure
The Nigerian Economic Summit Group (NESG) has raised fresh concerns over Nigeria’s fiscal health, warning that the country remains exposed…
Oil Prices Surge Past $105 as Middle East Crisis Deepens Over Iran–US Standoff
Global oil prices climbed sharply on Monday as renewed tensions between the United States and Iran raised fears of supply…
Aliko Dangote Eyes East Africa Refinery, Demands Strong Anti-Dumping Laws
Aliko Dangote has revealed that any plan to build a major refinery in East Africa will depend heavily on the…
European Stocks Slide as U.S.-Iran Peace Hopes Fade, UK Political Crisis Deepens
European stock markets opened sharply lower on Tuesday as investor confidence weakened following renewed uncertainty over a possible peace agreement…
$7 Billion in Perfectly Timed Oil Trades Spark Insider Trading Investigation Fears
A wave of unusually well-timed oil trades totaling around $7 billion has triggered growing concerns over possible insider trading tied…
Uber Pushes Harder Into “Everything App” Race as Super App Strategy Accelerates
Uber is accelerating its long-standing ambition to evolve beyond ride-hailing into a full “super app,” as competition in the mobility…
Canvas Breach Raises Shared Infrastructure Risk Concerns After Massive Education Platform Outage
A major cybersecurity incident involving the e-learning platform Canvas has sparked fresh concerns about the risks tied to shared digital…
US Imports $578.78m Worth of Nigerian Crude in Q1 2026 as Demand Slips
The United States imported $578.78 million worth of crude oil from Nigeria in the first quarter of 2026, marking a…
European Markets Mixed as Iran Peace Talks Stall, Investors React to Rising Global Tensions
European stock markets opened on a cautious note Monday as investors reacted to growing uncertainty surrounding stalled peace negotiations between…
Paga Partners Sui to Launch Stablecoin Payments Across Africa, Targets Faster Cross-Border Transfers
African payments infrastructure company Paga Group is making a bold move into blockchain finance through a new partnership with Sui,…
Tech Stocks Could Be the Best Value in Years After Strong Earnings Season, Analysts Say
Tech stocks in the United States are once again drawing strong investor interest after another impressive earnings season, with analysts…
Dangote Targets 20,000MW Power Expansion as He Pushes Bold Industrial Drive Across Africa
Africa’s richest industrialist, Aliko Dangote, has announced an ambitious plan to enter the power sector with a target of generating…
Canada Posts Surprise Trade Surplus as Oil and Gold Boom Boost Exports
Canada has recorded an unexpected trade surplus, its first in six months, as rising oil and gold prices boosted export…
Dangote Plans London Listing for $13bn Dangote Cement Amid Strong Profit Growth and Global Expansion Push
Africa’s richest man, Aliko Dangote, is preparing to take a major step in global capital markets as he plans to…
European Stocks Slip as Trump Tariff Threats Rattle Markets, UK Elections Add Political Uncertainty
European stock markets slipped on Friday as renewed trade tensions between the United States and the European Union unsettled investors,…
Only Four African Economies Ready for Sustainable Industrialisation – RED Index 2025 Report Reveals
A new 2025 RED Index of Industrial Development in Africa has revealed a sobering reality about the continent’s industrial future.…
Political Stability Drives FDI in Africa as MAN Calls for Investment Reforms
Despite a gradual rise in foreign investment flows into Africa, the Manufacturers Association of Nigeria (MAN) has warned that Foreign…
Iran Cuts Oil Output Amid Storage Crisis as Geopolitical Tensions Shake Global Oil Markets
Iran has begun reducing its oil production as its storage facilities near full capacity, following a sharp slowdown in crude…
IMF Warns AI Cyber Attacks Could Disrupt Global Financial System
The International Monetary Fund has raised fresh concerns over the growing threat of artificial intelligence-driven cyber attacks, warning that the…
Elon Musk Lawsuit Puts OpenAI Safety Record Under Scrutiny
A high-profile lawsuit by Elon Musk is drawing fresh attention to the safety practices at OpenAI, raising questions about whether…
Nigeria–China Zero-Tariff Policy Spurs Export Opportunities, but Concerns Persist
Nigeria’s export sector is entering a new phase as businesses begin to explore opportunities under the Nigeria China zero-tariff exports…
Elon Musk’s Exit from OpenAI Explained: Inside the 2017 Control Clash That Split the Founders
In 2017, tensions inside OpenAI began to surface as the small nonprofit research lab debated how to transition into a…