Brent Crude Surges Past $126 Amid Trump’s Iran Strike Consideration, Raising Global Supply Fears
Global oil markets rallied sharply on Thursday as Brent crude surged past $126 per barrel, driven by rising geopolitical tensions…
Category: International
Africa Must Unite to Unlock Global Solid Minerals Market — Dele Alake
Nigeria’s Minister of Solid Minerals Development, Dele Alake, has called for stronger regional cooperation among African countries to unlock the…
Brent Oil Surges Above $123 Amid Reports of Possible U.S. Military Action on Iran
Global oil markets rallied sharply on Thursday, with Brent crude rising above $123 per barrel following reports that the United…
East Africa Attracts $4.1bn Investment as Reforms Drive Capital Surge Across Kenya, Uganda, Rwanda
East Africa has recorded a major boost in investor confidence, attracting about US$4.1bn in investments between 2021 and 2025. The…
BII Targets £9 Billion Investment Push to Boost Nigeria and African Economies
The British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has announced a new five-year strategy…
Oil Supply Shock: Strait of Hormuz Closure Triggers Historic Crude Crisis and Global Economic Risk
The global oil market is facing what analysts are calling the most severe supply shock in history, after the prolonged…
UK-Nigeria Tech Hub Launches Creative Fund to Boost Film, Fashion and Music Industries in Nigeria
The UK-Nigeria Tech Hub has officially launched a Creative Fund aimed at strengthening Nigeria’s fast-growing creative sector, particularly in film,…
OpenAI Expands to Amazon Web Services After Ending Microsoft Cloud Exclusivity
OpenAI has officially expanded its reach into Amazon’s cloud ecosystem, making its generative AI models available on Amazon Web Services…
Inefficient Refineries Should Be Phased Out to Boost Energy Efficiency – Dangote Refinery CEO
The Managing Director and Chief Executive Officer of Dangote Petroleum Refinery, David Bird, has called for the gradual shutdown of…
Foreign Currency Tax Revenue Hits N6.33tn as Naira Volatility Reshapes Nigeria’s Tax Base
Nigeria’s tax system saw a major shift in 2025 as foreign currency-denominated tax receipts climbed to N6.33tn, reflecting rising exposure…
Nigeria, Ghana Lead African Small-Cap Stock Rally as Investors Chase Record Returns in 2026 Market Boom
African equities are experiencing a powerful shift in 2026, as small-cap stocks take centre stage in driving market growth across…
European Stocks Slip as UAE OPEC Exit Clouds Global Oil Supply Outlook
European markets opened slightly lower on Wednesday, as investors reacted to a mix of corporate earnings and the unexpected decision…
China Blocks Meta Manus AI Deal: Tightening Grip on U.S.-China Tech Rivalry in AI Race
China has officially blocked Meta’s proposed $2 billion acquisition of the AI startup Manus, marking a major escalation in the…
China Blocks Meta’s $2B Manus Acquisition After Regulatory Probe Into AI Deal
China’s top economic regulator, the National Development and Reform Commission (NDRC), has officially blocked Meta’s $2 billion acquisition of the…
US Dollar Weakens Ahead of Fed Decision as Middle East Tensions Ease and Oil Prices Rise
The US dollar weakened on Monday as global markets reacted to shifting geopolitical signals from the Middle East and growing…
European Markets Rise as Trump Weighs Iran Peace Proposal; Energy Stocks Lead Gains
European stock markets edged higher on Tuesday as investors reacted cautiously to geopolitical developments involving U.S. President Donald Trump and…
Nigerian Crude Hits $113 as Iran–Hormuz Crisis Drives Global Oil Shock
Nigerian crude oil has surged to its highest levels in recent years, with benchmark grades trading above $113 per barrel…
OpenAI Ends Microsoft Legal Risk in New Deal That Frees Amazon AWS Partnership
Microsoft and OpenAI have officially reshaped one of the most important partnerships in the tech industry, announcing a revised agreement…
United Capital approves N18 billion dividend payout for FY 2025 shareholders
United Capital Group has approved a total dividend payout of N18 billion for the 2025 financial year, rewarding shareholders with…
Asia Markets Hit Record Highs as Japan and South Korea Stocks Surge Despite U.S.-Iran Tension Standoff
Asia-Pacific stock markets mostly climbed on Monday, with Japan and South Korea leading the charge as investors appeared largely unfazed…
Europe Emerges as Key Buyer of U.S. Strategic Petroleum Reserve Oil Amid Global Supply Strain
Europe has become a major destination for oil released from the U.S. Strategic Petroleum Reserve (SPR), as global energy markets…
Fintech Summit 2026: Stakeholders Map AI-Driven Financial Ecosystem in Africa
Stakeholders across Nigeria’s financial and technology sectors gathered in Lagos over the weekend for the Fintech Summit 2026, where conversations…
AI Talent War Intensifies as Top Software Executives Defect to OpenAI and Anthropic
The battle for artificial intelligence dominance is reshaping the global tech workforce, with several top executives from major software companies…
Dangote, Saudi Ambassador Explore Energy and Infrastructure Investment Opportunities
Aliko Dangote, chairman of the Dangote Group, recently met with Yousef bin Mohammed Al-Balawi to discuss expanding investment opportunities in…
European Markets Mixed as Iran Peace Proposal Fuels Oil Rally, Investor Caution
European stock markets opened the week on a cautious note, with trading mixed as investors weighed fresh geopolitical developments involving…
European Stocks Dip as Iran Peace Talks Uncertainty Weighs on Markets; SAP Surges on Strong Earnings
European stock markets slipped on Friday as renewed uncertainty around U.S.–Iran peace negotiations dampened investor sentiment across the region. Despite…
Dangote Targets East Africa With 650,000bpd Refinery Expansion Plan
Africa’s richest man, Aliko Dangote, has announced plans to construct a new 650,000 barrels-per-day refinery in East Africa, marking a…
Lithium Supply Tightens as Prices Collapse and EV Demand Slows – Global Deficit Warning Grows
Lithium markets are heading toward a potential supply squeeze as analysts warn that a global deficit could emerge as early…
China’s DeepSeek Releases New AI Model as Global Tech Rivalry Intensifies
Chinese artificial intelligence startup DeepSeek has launched a new AI model on April 24, 2026, marking another major step in…
Cohere to Acquire Germany’s Aleph Alpha in Strategic Europe Expansion Push
Canadian artificial intelligence company Cohere has announced plans to acquire German AI startup Aleph Alpha, marking a major step in…