Dangote Signs $2.5 Billion Deal to Build Fertilizer Plant in Ethiopia
Africa’s richest man, Aliko Dangote, has signed a landmark $2.5 billion agreement with the Ethiopian government to build a world-class…
Category: International
AI giant Nvidia beats earnings expectations but shares fall
US-based chipmaker Nvidia reported stronger-than-expected earnings for its latest quarter, but investor sentiment cooled as concerns grew over slowing sales in China…
European Markets Open Higher as Nvidia Earnings Boost Sentiment; Drax Shares Plunge 11% on UK Probe
European stock markets opened higher on Thursday, lifted by strong earnings from U.S. tech giant Nvidia, even as investors weighed…
Nigeria-Guangxi Trade Surges to $320 Million in 2024, Strengthening China-Nigeria Ties
Nigeria’s trade with China’s Guangxi region climbed to $320 million in 2024, marking a significant 21% growth year-on-year. The development was…
Capital Markets Key to Boosting Nigeria–Brazil Trade and Investment, Says NGX Boss
The Nigerian Exchange Group (NGX) has emphasized that capital markets will be instrumental in driving trade and investment between Nigeria…
Stock Futures Flat as Investors Await Nvidia Earnings: AI Demand Fuels Market Optimism
Stock futures were little changed on Wednesday as Wall Street awaited Nvidia’s highly anticipated earnings report, a potential turning point…
Trump’s 50% Tariffs on Indian Goods Take Effect, Escalating U.S.-India Trade Tensions
U.S. President Donald Trump’s decision to double tariffs on Indian goods to as high as 50% officially took effect on…
Kaduna Governor Hails $30 Billion Investment Opportunities from Tinubu’s Brazil State Visit
Kaduna State Governor Uba Sani has praised President Bola Tinubu’s recent state visit to Brazil as a transformative step for…
Asian Stocks Slide Amid Trump’s Fed Shakeup and Chip Export Threats
Asian stocks fell on Tuesday as investors reacted to a series of market-altering announcements from US President Donald Trump, including…
Nigeria, Brazil Sign Strategic MoU on Science and Technology to Drive Jobs and Industrial Growth
Nigeria and Brazil have entered a landmark Memorandum of Understanding (MoU) to strengthen cooperation in Science, Technology, and Innovation. The…
French Stocks Tumble as Bayrou Faces No-Confidence Threat Amid Budget Clash
French stocks fell sharply on Tuesday as political uncertainty gripped Paris ahead of a critical no-confidence vote next month. The CAC…
Trump Threatens Tariffs on Nations Over Digital Taxes Targeting US Tech Giants
President Donald Trump has warned of imposing additional tariffs and export restrictions on countries that enact laws perceived to target US technology…
Meta Expands Africa’s Digital Infrastructure with New Data Centers and 2Africa Cable Investment
Meta is intensifying its efforts to boost Africa’s digital transformation through major investments in data centers and subsea cable projects.…
Ghana Attracts $652 Million in Investments in 2024 Despite 5% FDI Decline
Ghana secured $651.7 million in investments in 2024, reflecting resilience in its investment climate despite a 5% year-on-year dip in…
US Records $576 Million Trade Surplus with Nigeria in 2025 as Exports Surge, Imports Decline
The United States swung to a $576 million trade surplus with Nigeria in the first half of 2025, marking a sharp turnaround…
Tinubu Secures Petrobras’ Return to Nigeria, Signs Landmark Nigeria–Brazil Trade and Energy Agreements
President Bola Tinubu has announced the imminent return of Brazil’s state-owned oil giant Petrobras to Nigeria, five years after the…
European Markets Set for Lower Open Amid Trump-Fed Clash and French Budget Uncertainty
European stock futures are pointing to a weaker open on Tuesday as investors react to heightened global political tensions. Markets…
U.S. Trade Surplus with Nigeria Hits $576 Million in 2025 Amid Rising Tariffs
The United States recorded a $576 million trade surplus with Nigeria in the first half of 2025, reversing a $779…
OpenAI Warns Against Unauthorized Equity Sales Amid $300B Valuation and Jony Ive Acquisition Plans
OpenAI has issued a stern warning to investors and the public over unauthorized sales and investment schemes involving its equity,…
U.S. Treasury Yields Edge Higher as Investors Await Inflation Data
U.S. Treasury yields ticked higher on Monday as investors assessed Federal Reserve Chair Jerome Powell’s recent comments and shifted focus…
European Stocks Open Lower as Orsted Plunges 18% Amid U.S. Project Halt
European markets started the week on a weaker note, with the pan-European Stoxx 600 slipping 0.2% in early trading on…
Nigeria, Japan Forge Partnership to Boost Mining Investments and Mineral Processing
Nigeria and Japan have agreed to deepen cooperation in the mining sector as both nations seek to unlock investment opportunities…
UK Dominates Nigeria’s Q1 2025 Capital Inflows with ₦5.5 Trillion Investment
The United Kingdom emerged as Nigeria’s leading source of foreign capital in the first quarter of 2025, contributing ₦5.52 trillion…
German Economy Shrinks 0.3% in Q2 as U.S. Tariffs Hit Exports, Growth Outlook Weakens
Germany’s economy contracted by 0.3% in the second quarter of 2025, according to revised data from the Federal Statistics Office,…
Edun, Cardoso Meet to Align Fiscal and Monetary Policies, Boost Investor Confidence
Nigeria’s Finance Minister Wale Edun and Central Bank Governor Olayemi Cardoso met in Abuja on Wednesday to discuss strategies aimed…
Google Launches AI Mode in Africa: Nigeria, Kenya, and South Africa Lead as Test Markets
Google has introduced its groundbreaking AI Mode in Search across Nigeria, Kenya, and South Africa, making the three nations the first in…
Ghanaian SMEs Urged to Explore Canada’s Labour Market for Expansion Opportunities
Ghanaian small and medium enterprises (SMEs) are being encouraged to leverage Canada’s labour market as a strategic pathway for growth…
European Stocks Slip as Investors Weigh EU-U.S. Trade Deal Details and German GDP Decline
European stocks edged lower on Friday as investors digested fresh details of the trade agreement between the European Union and…
OpenAI to Open First India Office in New Delhi, Targets Rapidly Growing AI Market
OpenAI, the creator of ChatGPT and backed by Microsoft, announced plans to establish its first office in India later this…
Gen Z Traders Embrace AI: 80% Expected to Rely on AI-Powered Trading by 2028 – MEXC
Global cryptocurrency exchange MEXC has predicted that by 2028, more than 80% of Gen Z traders will fully automate their portfolios using AI-powered…