Global Tech Job Cuts Top 156,000 in H1 2026
The global technology industry has witnessed a massive wave of layoffs in the first half of 2026, with more than…
Category: International
Oil price hits $95 a barrel — highest in six weeks
Global oil prices climbed sharply on Wednesday, with Brent crude reaching $95.11 per barrel, its highest level in six weeks,…
Nigeria, Germany Strengthen Strategic Partnership as Bilateral Trade Rises by 10%
Nigeria and Germany have reaffirmed their commitment to strengthening diplomatic and economic relations following a significant increase in bilateral trade…
Google Cloud Revenue Surges 82% as AI Adoption Drives Alphabet’s Strongest Growth Yet
Google has delivered a strong response to concerns over its massive artificial intelligence spending, posting impressive earnings that highlight the…
In Huaxin, Dangote and BUA face a rival powered by Hong Kong capital
Nigeria’s cement industry is entering a new era of competition as Chinese building materials giant Huaxin Cement strengthens its foothold…
NCC Calls for Stronger African Telecom Regulation Through Data-Driven Collaboration
The Nigerian Communications Commission (NCC) has called on telecommunications regulators across Africa to strengthen cooperation and build a robust network…
Stock Futures Slip as Oil Prices Surge Ahead of Major Tech Earnings Reports
Wall Street is facing renewed pressure as stock futures edged lower early Wednesday while oil prices climbed sharply, adding fresh…
China’s Oil Buying Strategy Could Be the Biggest Driver of Global Crude Prices in 2026
China’s next move in the oil market is rapidly becoming one of the most closely watched factors shaping global energy…
IMF Says AI Could Boost Sub-Saharan Africa’s Economy by 4% in the Next Decade
Artificial intelligence could become a major driver of economic growth across Sub-Saharan Africa, with the International Monetary Fund (IMF) estimating…
AI-Powered Entertainment Apps Are Merging Into One Digital Hub for Everything
The race for entertainment dominance is entering a new phase as major platforms like Netflix, Spotify, YouTube, and TikTok increasingly…
IMF Warns Africa Could Miss AI Economic Boom Without Major Investments in Power and Internet
Africa could miss out on the transformative economic benefits of artificial intelligence unless governments urgently address long-standing challenges in electricity…
OpenAI AI Models Breach Hugging Face During Cybersecurity Test, Raising New AI Safety Concerns
The artificial intelligence industry has been shaken by a surprising security incident after OpenAI confirmed that some of its advanced…
NGX Emerges Africa’s Second-Best Stock Market as Investors Drive 47.4% Surge in First Half of 2026
The Nigerian Exchange (NGX) has cemented its position as one of Africa’s strongest-performing equity markets, delivering an impressive 47.43% return…
African Finance Leaders Push Insurance Reforms to Strengthen Economic Resilience Across Africa
African finance ministers, insurance regulators and development finance leaders have called for sweeping reforms in the continent’s insurance and reinsurance…
Stock Futures Rise as Strong Corporate Earnings Offset Iran War Concerns
Wall Street showed renewed optimism on Tuesday as stock futures moved higher, with investors turning their attention from ongoing geopolitical…
Treasury Yields Hold Steady as Middle East Tensions Keep Investors on Edge
U.S. Treasury yields traded mostly lower on Tuesday as investors carefully weighed growing geopolitical tensions in the Middle East against…
FG to Issue N729bn Bond to Clear GenCos’ Debt, Boost Power Sector Stability
The Federal Government has announced plans to issue a second bond worth approximately N729 billion to settle verified legacy debts…
Fintech expert advocates single African currency to boost trade
The push for a single African currency has once again taken center stage as fintech expert and Condia founder, Benjamin…
Anthropic Copyright Settlement Approved: AI Firm to Pay $1.5 Billion in Landmark Case
The landmark Anthropic copyright settlement has officially received final court approval, paving the way for the artificial intelligence company to…
Nigerian Crude Prices Surge as US-Iran Conflict Disrupts Strait of Hormuz Shipping
Nigerian crude prices surged to a 10-day high after escalating military tensions between the United States and Iran sparked fresh…
Agribusinesses in Nigeria, Kenya, three others to get recognitions
The race to celebrate Africa’s food and agriculture champions has officially begun as public nominations open for the inaugural Foodies…
$400 Million AI Inference Chip Deal Signals Shift Away from Nvidia-Dominated GPU Market
The artificial intelligence industry may be witnessing the start of a new era as General Compute, an AI inference cloud…
Dangote Refinery Emerges Major Winner as US-Iran Conflict Boosts Demand, Wealth Soars
Africa’s richest man, Aliko Dangote, is emerging as one of the biggest beneficiaries of the global energy market disruptions triggered…
African Leaders Launch Bold Plan to Boost Intra-African Livestock Trade Under AfCFTA
African leaders have unveiled an ambitious strategy to unlock the full potential of the continent’s livestock industry, with a renewed…
EU asks Google to share search data, Android features with AI rivals
The European Union has intensified its push to promote competition in the technology sector by ordering Google to share key…
OnePlus Exits U.S. and Europe Smartphone Markets as Global Phone Demand Slows
OnePlus has announced that it will no longer launch new smartphones and products in the U.S. and Europe, marking a…
SpaceX Shares Slip Below IPO Price as Investor Optimism Fades Amid Valuation Concerns
SpaceX shares dropped below their $135 initial public offering (IPO) price for the first time on Wednesday, signaling a major…
U.S. Crude Inventories Drop 1.7 Million Barrels as Iran Tensions Keep Oil Markets on Edge
The latest U.S. Energy Information Administration (EIA) report has revealed a significant decline in American crude oil stockpiles, with inventories…
DeepMind CEO Warns AGI Could Arrive Within Years, Calls for Urgent Global AI Safeguards
Google DeepMind CEO Demis Hassabis has issued a stark warning that Artificial General Intelligence (AGI) could become a reality within…
Xi Jinping Unveils China’s Global AI Vision as Huawei Showcases Powerful New AI Computing System
Chinese President Xi Jinping is expected to take center stage at the World Artificial Intelligence Conference (WAIC) in Shanghai this…