European Markets Slide as Gulf Tensions Threaten Ceasefire Stability
European markets began the week on a cautious note, slipping into negative territory as renewed tensions in the Gulf region…
Category: International
AI-Driven Cybercrime Losses Surge Past $893 Million in 2025 – FBI Report Warns of Rising Global Threat
The Federal Bureau of Investigation (FBI) has revealed that cybercrime powered by artificial intelligence (AI) led to losses exceeding $893…
Oil Prices Climb as US-Iran Talks Boost Market Sentiment Amid Supply Concerns
Crude oil prices edged higher on Thursday, with West Texas Intermediate (WTI) trading close to $92 per barrel and Brent…
Antioch Raises $8.5M to Build “Cursor for Physical AI” as Robotics Simulation Race Heats Up
Antioch, a New York-based startup positioning itself as a “Cursor for physical AI,” is betting that the next big leap…
European Stocks Trade Mixed as Iran Conflict and Energy Pressures Weigh on Sentiment
European stocks ended Friday’s session in mixed territory as investors remained cautious amid ongoing geopolitical tensions linked to the Iran…
Afreximbank profit rises to $1.15bn as assets hit N56.7trn in 2025 financial results
The African Export-Import Bank (Afreximbank) has reported strong financial results for the 2025 fiscal year, posting solid growth in profitability…
Over 20 Million People at Risk of Food Insecurity in Sub-Saharan Africa Amid Rising Global Food Prices – IMF Warns
The International Monetary Fund (IMF) has raised alarm over worsening food security in Sub-Saharan Africa, warning that more than 20…
OpenAI Codex Upgrade: AI Coding Tool Gains Desktop Control to Challenge Anthropic
OpenAI has stepped up its competition with Anthropic by rolling out a major upgrade to its AI coding assistant, Codex.…
IEA Warns Europe Could Run Out of Jet Fuel in Six Weeks as Middle East Conflict Threatens Global Energy Supply
The International Energy Agency (IEA) has raised alarm that Europe may have as little as six weeks of jet fuel…
Dangote Warns of Foreign Interests Hindering Africa’s Growth
Aliko Dangote, founder and president of the Dangote Group, has raised concerns that foreign interests are actively working against Africa’s…
Asia Markets Slip as Middle East Ceasefire Uncertainty Weighs on Investor Confidence
Asia-Pacific markets mostly closed lower on Friday, as cautious optimism surrounding a fragile Middle East ceasefire failed to fully reassure…
IMF Urges Nigeria, Others to Fast-Track Financial Support as Global Economic Risks Rise
The International Monetary Fund (IMF) has advised Nigeria and other countries facing economic pressure to seek financial support promptly when…
AI Integrity at Stake as Advanced Models Reshape Cybersecurity Landscape
As artificial intelligence systems become more advanced, the global cybersecurity landscape is undergoing a major shift. New AI models are…
NectarFi Raises $170,000 Pre-Seed Funding to Solve Crypto Fragmentation Across Emerging Markets
Nigerian digital asset startup NectarFi has secured $170,000 in pre-seed funding as it works to tackle one of the biggest…
OpenAI Upgrades Agents SDK with Sandbox and Harness Tools to Boost Enterprise AI Agent Safety
OpenAI has rolled out a major update to its Agents Software Development Kit (SDK), aiming to help businesses build more…
Nigerian Crude Oil Hits $113 Per Barrel as Supply Tensions and China Demand Boost Global Prices
Nigerian crude oil has surged sharply on the global market, with Brass River trading at around $113 per barrel, significantly…
Aliko Dangote, Trump, Xi Jinping, Others Named in TIME 100 Most Influential People of 2026
Aliko Dangote has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffirming his status…
European Stocks Rise as UK GDP Surges and Iran Peace Talks Lift Market Sentiment
European stocks rose modestly on Thursday as investors reacted to stronger-than-expected UK economic growth and growing optimism around diplomatic efforts…
Snapchat to Lay Off 16% Workforce in AI-Driven Restructuring, Targets $500M Cost Savings
Snapchat’s parent company, Snap Inc., has announced plans to lay off about 16% of its global workforce, affecting roughly 1,000…
Nigeria-Morocco $25bn Gas Pipeline Deal Set for Signing as Landmark Africa Energy Project Advances
Nigeria and Morocco are moving closer to sealing a major energy agreement as both countries prepare to sign a $25…
Ghana Economic Recovery Showcased at IMF Spring Meetings 2026 as Ato Forson Highlights Strong Turnaround
Ghana has placed its economic recovery story on the global stage at the ongoing IMF and World Bank Spring Meetings…
Google Chrome Adds “Skills” AI Feature to Save and Reuse Prompts Across Web Pages
Google is upgrading its Chrome browser with a new artificial intelligence feature designed to make everyday browsing faster and more…
Anthropic’s rise is giving some OpenAI investors second thoughts
Concerns are growing among some investors about whether OpenAI can fully justify its massive $852 billion valuation, as competition intensifies…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury Shares Slide
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty linked to the ongoing U.S.–Iran conflict…
IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% as Oil Gains Fail to Offset Global Risks
Nigeria’s economic outlook has taken a cautious turn as the International Monetary Fund (IMF) reduced the country’s 2026 growth forecast…
WATRA Pushes Unified Digital Regulation to Unlock West Africa’s $200bn Digital Economy Growth
The West Africa Telecommunications Regulators Assembly (WATRA) is intensifying efforts to establish a unified digital regulatory framework across the region…
Meta to Overtake Google in Global Ad Revenue by 2026, New Forecast Reveals
Meta Platforms is on track to become the world’s largest digital advertising company by the end of 2026, overtaking Google…
Africa’s FDI Stuck at 4–6% Despite Global Investment Surge, New Report Warns
Africa’s share of global foreign direct investment (FDI) has remained trapped between 4% and 6%, according to a new report…
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch Warns
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to Fitch…
Africa Risks Delay in $113bn Energy and Port Projects as Gulf Investment Review Threatens Infrastructure Pipeline
Africa’s ambitious push to expand its infrastructure and energy capacity may be facing a new setback as Gulf nations reconsider…