Elon Musk buys $1billion worth of Tesla stock
Tesla Inc.’s shares rallied on Monday after CEO Elon Musk bought about $1 billion worth of the company’s stock, his…
Category: International
Top 10 AI-Dependent Nations in 2025: How Countries Are Embracing Artificial Intelligence
Artificial Intelligence (AI) is no longer a futuristic concept—it has become an integral part of daily life across the globe.…
US Cuts Nigerian Imports by 41% in July Amid Rising Tariffs, Raising Concerns for Trade Relations
The United States sharply reduced its imports of Nigerian goods by more than 40% in July 2025, signaling a worrying…
Orsted Shares Plunge 5.5% After Deeply Discounted $9.4B Capital Raise; European Markets Edge Higher
European stocks opened the week with modest gains on Monday as investors awaited the U.S. Federal Reserve’s highly anticipated meeting…
South Korea’s Top Trade Envoy Heads to U.S. for Stalled Tariff Talks Amid $350 Billion Investment Fund Dispute
South Korea’s chief trade negotiator, Yeo Han-koo, left Seoul on Monday for Washington as Seoul and Washington struggle to finalise…
South Korea’s Kospi Index Hits Record High After Government Scraps Stock Tax Hike Plan
South Korea’s benchmark Kospi index soared to a record high of 3,420.23 in early Monday trade, marking its 10th consecutive…
U.S. Treasury Yields Rise as Inflation Surges and Jobless Claims Climb Ahead of Fed Meeting
U.S. Treasury yields edged higher Friday morning as investors digested a mix of rising inflation and weaker-than-expected labor market data.…
Apple’s iPhone 17 Rolls Out “Memory Integrity Enforcement” to Thwart Spyware and Zero-Day Attacks
Apple’s newest iPhones are not just about flashy upgrades. Alongside the launch of the iPhone 17 and iPhone Air, the…
African Startups Secure $187 Million in August 2025, Led by South Africa’s Mega Deal
Africa’s startup scene showed remarkable resilience in August 2025, attracting $187.6 million in fresh funding despite a slowdown in global…
European Stocks Mixed as U.K. Growth Stalls and Vestas Shares Slide on U.S. Offshore Wind Snub
European markets opened without clear direction on Friday as fresh data showed the U.K. economy stagnated in July. The pan-European…
Generative AI Poised to Add $100 Billion to Africa’s Economy, McKinsey Report Reveals
Africa could unlock as much as $100 billion in additional annual economic value if it embraces generative artificial intelligence (Gen…
Global Leaders Eye $800 Billion Gulf of Guinea Investment at UNGA Forum
Global business and diplomatic leaders are converging in New York this week as the 80th United Nations General Assembly kicks…
Oil Prices Slip Amid U.S. Demand Concerns and OPEC+ Output Rise
Global oil prices eased on Thursday as traders weighed signs of weakening U.S. demand against mounting concerns about oversupply. Brent…
ITU Report: Achieving Global Internet Connectivity by 2030 Will Require $2.8 Trillion Investment
A new report from the International Telecommunications Union (ITU), the United Nations agency driving global digital development, warns that achieving…
OpenAI Signs $300 Billion Cloud Deal with Oracle, Marking One of the Largest in History
Oracle’s stock surged after trading hours as news broke of a potential landmark deal with OpenAI. According to the Wall…
Afreximbank Unveils $1 Billion African Trade & Distribution Firm to Boost Value-Added Exports
The African Export-Import Bank (Afreximbank) has launched a landmark initiative aimed at transforming the way Africa trades its commodities. With…
Kering Shares Rise 2% as Gucci Owner Delays Valentino Acquisition to 2028 Amid Mixed European Markets
European markets opened Thursday on a mixed note as investors awaited fresh guidance from the European Central Bank (ECB). The…
Zara Owner Inditex Stock Jumps 7% as Strong Autumn/Winter Sales Reassure Investors
European markets opened higher on Wednesday, buoyed by fresh earnings updates, inflation data, and global trade news. The pan-European Stoxx…
Chinese Firm Fuhai Energy to Invest $2.1 Billion in Bauchi Petrochemical Hub, Promising 50,000 Jobs
A major investment deal is set to transform Bauchi State’s economy, as Chinese company Fuhai Energy Group Company Limited has…
Asia Markets Rally on Wall Street Gains and Fed Rate-Cut Hopes; South Korea’s Kospi Hits Record High
Asia-Pacific markets climbed on Wednesday, following Wall Street’s strong performance as investors anticipated a potential Federal Reserve rate cut. Optimism…
Ghana Endorses Phase Two of ECOWAS Livestock Programme to Boost Meat Production and Trade
Ghana has officially endorsed the second phase of the West Africa Livestock Marketing Support Programme (PACBAO), aiming to strengthen the…
Netskope Joins Rare Cybersecurity IPO Wave After Rubrik, Backed by Lightspeed Venture Partners
The cybersecurity sector is gearing up for another rare Wall Street debut as Netskope, a cloud security platform, prepares to…
Global Stocks Rally as Dollar Weakens Amid Political Uncertainty in Argentina, Japan, and Europe
Global stock markets started the week on a positive note as the U.S. dollar slipped broadly, giving investors a boost…
AI Driving Scalability and Innovation in African Enterprises, Experts Say
Artificial Intelligence (AI) is no longer a futuristic buzzword but a transformative force shaping how African enterprises operate and expand.…
SpaceX Strikes $17 Billion Deal with EchoStar to Power Next-Gen Starlink Connectivity
Elon Musk’s SpaceX has secured a landmark $17 billion agreement with EchoStar Corp to accelerate the expansion of its Starlink…
U.S. Treasury Yields Steady Ahead of Key Inflation Reports as Market Eyes Fed Rate Decision
U.S. Treasury yields remained largely unchanged on Tuesday as investors awaited critical inflation data that could shape the Federal Reserve’s…
Nigeria’s Trade Investments Plunge as Inflation and FX Pressures Bite Amid Local Sourcing Shift
Foreign investment in Nigeria’s trade sector has taken a sharp hit, with capital inflows plummeting to $34.39 million in the…
Stock Futures Hold Steady as Investors Await Key Inflation Reports This Week
Stock futures opened little changed on Sunday evening as Wall Street prepared for a pivotal week centered on new inflation…
Google Antitrust Win Sparks $420 Billion Surge as Tech Giants Hit $21 Trillion Market Value
The U.S. tech industry capped off a historic week, with megacap stocks adding more than $420 billion in market value,…
U.S. Treasury Yields Hold Steady as Investors Await Key Inflation Data
U.S. Treasury yields were little changed on Monday as markets turned their attention to crucial inflation data expected later this…