Anthropic CEO Clarifies AI Stance, Warns Bigger Threat Lies in China’s AI Ambitions
As the global debate over artificial intelligence continues to intensify, Anthropic CEO Dario Amodei has moved to clear the air…
Category: International
Dow futures rally 500 points as oil prices fall after U.S. and Iran pause attacks
Wall Street kicked off the week on a strong note as U.S. stock futures climbed sharply after a temporary pause…
Brent Crude Tumbles 5% as US-Iran Truce Sparks Hope for Global Oil Supply Recovery
Global oil markets opened the week on a positive note for consumers as Brent crude fell by more than 5%,…
China’s Crude Oil Imports Surge
China’s appetite for crude oil appears to be making a strong comeback, with fresh data indicating that the world’s largest…
Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal
Nvidia has taken another bold step in strengthening its dominance in artificial intelligence by securing a long-term partnership with South…
Making sense of the panic over Chinese AI
The release of Kimi, the latest artificial intelligence model developed by Chinese startup Moonshot AI, has once again ignited a…
Top 10 African Countries with the Highest Interest Rates in July 2026
African economies are navigating one of the toughest monetary policy environments in recent years, with central banks maintaining high interest…
Elon Musk says AI could surpass all human intelligence within five years
Artificial intelligence could become smarter than the combined intelligence of humanity within the next five years, according to billionaire entrepreneur…
Report: 77% of Africa’s $23bn betting market unregulated
Africa’s online betting industry is booming, but a new report has revealed that most of the market operates outside government…
South Africa keeps interest rate at 7% amid rising inflation, rand weakness
South Africa’s central bank has left its benchmark interest rate unchanged at 7%, opting for caution as inflationary pressures, a…
IMF Urges Nigeria, African Nations to Improve Data Transparency to Attract Global Investment
Nigeria and other African countries have been urged by the International Monetary Fund (IMF) to strengthen economic stability, improve data…
Oil Price Hits $100 as Middle East Conflict Escalates, Raising Fears of Global Energy Crisis
Oil prices have surged to $100 per barrel for the first time since May, driven by growing fears that the…
Africa receives 6% of global cocoa supply value from chocolate market
Africa may be the backbone of the global cocoa industry, but it continues to receive only a small fraction of…
AI Guardrails Slow Cybersecurity Research as Experts Warn of Unintended Consequences
Artificial intelligence safety measures designed to prevent cybercrime are increasingly creating obstacles for the very experts tasked with defending digital…
US Slaps 12.5% Tariff on Nigerian Imports Over Forced Labour Concerns
The United States has imposed a 12.5% tariff on Nigerian imports, placing Nigeria among 38 countries affected by Washington’s latest…
Dangote Refinery Raises $2.5 Billion in Africa’s Largest Private Equity Placement
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has achieved a major financial milestone after successfully raising approximately $2.5 billion through…
Oil Giants Return to Nigeria’s Deepwater Fields with Billion-Dollar Investments
Nigeria’s offshore oil industry is witnessing a major revival as international oil companies (IOCs) shift their attention from troubled onshore…
Crude oil nears $100 as renewed Middle East conflict rattles global markets
Global oil markets came under renewed pressure on Thursday as crude oil prices surged close to the $100-per-barrel mark following…
Alphabet Q2 Revenue Surges 24% as AI Fuels Google Cloud and Gemini Growth
Alphabet posted an impressive second-quarter performance, reporting a 24% year-on-year increase in revenue as its aggressive investment in artificial intelligence…
Global Refiners Are Cutting Out Oil Traders To Buy Venezuelan Crude Directly
Global oil markets are witnessing a major shift as leading refiners increasingly bypass traditional commodity traders to purchase Venezuelan crude…
France Reaffirms Commitment to Boost Trade and Investment Ties with Nigeria
France has reaffirmed its commitment to strengthening trade and investment ties with Nigeria, highlighting the country’s strategic importance as France’s…
U.S. Stock Futures Slip as AI Spending Concerns and Rising Oil Prices Weigh on Markets
U.S. stock futures traded lower on Thursday as investors balanced another wave of corporate earnings with growing concerns over artificial…
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…
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…