World Bank Urges Nigeria to Embrace AI as Key to Faster Economic Growth
The World Bank has called on Nigeria and other developing economies to rapidly embrace artificial intelligence (AI), saying the technology…
Category: International
Renewed demand lifts Nigeria Eurobonds after previous selloff
Nigeria’s Eurobond market has bounced back strongly after a brief period of losses, with renewed investor demand signaling growing confidence…
Global Memory Shortage Disrupts MacBook Air Supply as Apple Faces Stock Challenges
Apple’s best-selling MacBook Air is now feeling the impact of the global memory chip shortage, creating longer wait times for…
Saudi Oil Reroutes Hit Capacity and Security Limits
Saudi Arabia is confronting one of its biggest oil export challenges in recent years as escalating security threats across key…
World Bank opens applications for 2027 Africa Fellowship, invites eligible Nigerians
The World Bank has officially opened applications for the 2027 Africa Fellowship Programme, creating a valuable opportunity for eligible Nigerian…
Dow Futures Surge Over 400 Points as Trump Halts Iran Strike Plan, Oil Prices Tumble
Wall Street began the new trading month on a positive note as Dow Jones futures jumped more than 400 points…
Oil prices crash after Trump eases Iran tensions, cheaper petrol may follow
Oil prices recorded a sharp decline on Monday after U.S. President Donald Trump signaled a shift toward diplomacy with Iran…
AfDB: West Africa misallocates capital despite $100 billion annual development needs
West Africa is not facing a shortage of money to fund its development ambitions—it is facing a much deeper problem…
Nigeria’s Mobile Market Surges to Two-Year High as Active Subscribers Reach 189.4 Million
Nigeria’s telecommunications industry is showing strong signs of recovery, with active mobile subscriptions climbing to 189.4 million in May 2026,…
Sam Altman Sparks Fresh Debate Over AI Development After Security Incident
OpenAI CEO Sam Altman has sparked fresh debate about the future of artificial intelligence after suggesting that the industry may…
Ghana’s Cedi Loses Crown as Africa’s Top Currency After Stunning 2025 Rally
After delivering one of Africa’s most remarkable currency recoveries in 2025, Ghana’s cedi has suffered a dramatic turnaround in 2026,…
Tim Cook Reveals Apple’s AI Strategy as the Company’s Next Competitive Advantage
Apple is doubling down on artificial intelligence, and according to CEO Tim Cook, the company’s unique approach could become one…
Amazon’s Massive AI Investment Pays Off as AWS Growth Drives Strong Earnings
Amazon has reassured investors that its aggressive investment in artificial intelligence infrastructure is paying off, as the tech giant reported…
How China’s Oil Strategy Is Keeping Global Crude Prices Under Control Amid Middle East Crisis
The global oil market has remained surprisingly resilient despite months of severe supply disruptions in the Middle East, and analysts…
Nasdaq futures rise as tech stocks lead sharp Wall Street rebound
The U.S. stock market is heading into the final trading day of the week on a positive note as Wall…
Anthropic says its own AI models breached three companies during security tests
Artificial intelligence safety has come under fresh scrutiny after Anthropic revealed that three of its Claude AI models gained unauthorized…
Oil Prices Set for Nearly 20% Monthly Jump Despite Market Pullback
Crude oil prices may have slipped over the past few days, but the global market is still on track for…
Microsoft Shatters Market Record with Historic $450 Billion One-Day Gain Driven by AI and Cloud Growth
Microsoft has made Wall Street history after adding nearly $450 billion in market value in a single trading day, setting…
Afreximbank’s Record Bond Issuance Raises $1.5bn
Afreximbank has made history by raising a record $1.5 billion through its largest-ever Eurobond issuance, highlighting growing international confidence in…
Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge
Shell has delivered an impressive financial performance for the second quarter of 2026, posting adjusted earnings of $9.84 billion, more…
US tariff threatens Nigerian exports, foreign investment, group warns
The Sea Empowerment & Research Centre (SEREC) has warned that the United States’ decision to increase import tariffs on goods…
Oil Prices Surge Above $90 as Iran Tensions Spark Fresh Global Supply Fears
Global oil prices rallied above the $90-per-barrel mark on Wednesday as escalating military tensions in the Middle East reignited fears…
Nigeria risks missing AI revolution, World Bank economist warns
Nigeria could miss out on one of the biggest technological transformations of the century unless it acts quickly to embrace…
NSE Nears KSh 4Trillion as Market Shrugs Off Biggest Foreign Outflow Since March
The Nairobi Securities Exchange (NSE) is edging closer to a historic KSh 4 trillion market capitalization after another impressive week…
African Businesses Embrace Stablecoins Amid Currency Volatility
Across Africa, businesses are embracing stablecoins as a practical solution to one of the continent’s biggest financial challenges—currency volatility and…
Microsoft Takes on OpenAI and Anthropic as AI Battle Enters a New Era
Microsoft has made its boldest move yet in the race for artificial intelligence, signaling that it is no longer just…
Jim Cramer says Wall Street is fleeing the AI trade and buying these stocks instead
The stock market may be entering a new phase as investors begin shifting their attention away from some of this…
Morocco Partners with Vertiv to Boost AI, Cloud Computing and Digital Infrastructure Under Digital Morocco 2030
Morocco has taken a significant leap toward becoming one of Africa’s leading digital economies after signing a strategic partnership with…
Oil Prices Surge on Fresh Middle East Strikes and API Crude Draw
Oil prices staged a strong comeback on Wednesday, reversing much of the previous day’s losses as fresh military tensions in…
Sam Altman Calls for Slower AI Development
Sam Altman, the Chief Executive Officer of OpenAI, has suggested that the artificial intelligence industry may need to reduce the…