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,…
Category: International
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…
S&P Global to acquire majority stake in Agusto & Co. in landmark deal
S&P Global has announced plans to acquire a majority stake in Agusto & Co., Nigeria’s pioneering credit rating agency, in…
Oil Falls Below $84 on US-Iran Peace Hopes
Global oil prices recorded a sharp decline on Tuesday after renewed diplomatic efforts between the United States and Iran raised…
Africa’s Oil Investment Shifts as Nigeria, Egypt, Angola, Algeria and Libya Still Dominate — IEA Report
Africa’s upstream oil and gas sector remains heavily dependent on five major producers—Nigeria, Algeria, Angola, Egypt, and Libya—even as investment…
India’s Economic Growth Faces Slowdown as Rising Oil Prices Shake GDP Outlook
India’s economic growth is expected to lose momentum in the current fiscal year as soaring global oil prices and sluggish…
Oil price falls to $90/barrel as US, Iran pause attacks
Oil prices recorded a sharp decline on Monday after the United States and Iran reportedly agreed to suspend military attacks,…
Tinubu sounds alarm as Africa’s food import bill hits $122.9bn
President Bola Tinubu has sounded the alarm over Africa’s growing dependence on imported food, urging governments across the continent to…
Businesses Fault U.S. Tariff, Seek Urgent FG Action
The Organised Private Sector (OPS) has expressed growing concern over the United States’ decision to impose a 12.5 per cent…
IMF Sounds Alarm on AI Risks, Calls for Stronger Financial Oversight
Artificial intelligence is rapidly transforming the global financial system, but the International Monetary Fund (IMF) says regulators must act faster…