Oil Prices Mixed as U.S.-Iran Talks Collapse and Strait of Hormuz Tensions Keep Markets on Edge
Oil prices ended the trading session on a mixed note on Friday as renewed uncertainty over U.S.-Iran diplomatic efforts rattled…
Category: International
OpenAI Strengthens AI Power Team with High-Profile Hires Ahead of IPO
OpenAI is making bold moves as it positions itself for a potential IPO, bringing in two influential figures in artificial…
Naira Gains as British Pound Falls to N1,825/£ Amid UK Political Uncertainty
The Nigerian naira recorded a notable gain against the British pound, trading around N1,825/£1, as uncertainty in the United Kingdom’s…
Nigerian Marketers Import Dangote Fuel via Lomé Hub as Trade Flows Shift Across West Africa
Nigerian fuel marketers are increasingly sourcing refined petroleum products originally produced by Dangote Petroleum Refinery through an offshore ship-to-ship (STS)…
Stock Futures Rebound After Fed Shock Sell-Off as Intel Surges on Apple Chip Deal Talk
U.S. stock futures moved higher on Thursday as Wall Street attempted to recover from a sharp sell-off triggered by renewed…
Anthropic Joins Frontier Carbon Removal Coalition in Landmark $915M Climate Funding Push
Anthropic has officially become the first artificial intelligence startup to join Frontier, a leading carbon removal coalition backed by major…
AI Will Cause Labour Shortage, Not Job Losses – Jeff Bezos Says Amid Growing AI Fears
Amazon founder Jeff Bezos has pushed back against rising global fears that artificial intelligence will wipe out millions of jobs,…
Afreximbank Urges Nigeria, Others to Boost Intra-African Trade to Shield Economy from Global Shocks
The African Export-Import Bank (Afreximbank) has called on Nigeria and other African countries to urgently deepen intra-African trade as a…
Starlink Dominates African Internet Speeds in 22 Markets, Redefining Connectivity Across the Continent
Starlink, the satellite internet service operated by SpaceX founded by Elon Musk, has emerged as the fastest internet provider across…
Foreign Investors Pour $3.3bn into Nigerian Bonds Amid Rising Yields and Strong Capital Inflows
Foreign investors injected $3.23bn into Nigerian bonds in the first quarter of 2026, underscoring growing confidence in the country’s fixed-income…
Google Gemini Co-Lead Noam Shazeer Joins OpenAI in Major AI Talent Shake-Up
Google’s artificial intelligence ambitions have suffered a notable setback after Noam Shazeer, one of the key leaders behind the Gemini…
Dangote’s $7bn Fertiliser Expansion Gets AFC Backing to Build Global Production Giant
Africa’s richest man, Aliko Dangote, has secured strong financial backing from the Africa Finance Corporation (AFC) for a bold $7bn…
NGX Chairman Courts Middle East Investors Ahead of Dangote Refinery IPO in Nigeria’s Capital Market Push
The Group Chairman of the Nigerian Exchange Group (NGX Group), Umaru Kwairanga, is intensifying efforts to attract Middle East investors…
NGX Eyes Mega Dangote Refinery IPO as Investor Demand Tops $2 Billion
The Nigerian Exchange Group (NGX Group) has announced it is actively preparing for the highly anticipated initial public offering of…
S&P 500 Futures Edge Higher as Investors Await Fed Decision, SpaceX Extends Rally
U.S. stock futures traded cautiously higher on Wednesday as investors turned their attention to the Federal Reserve’s latest interest rate…
UAE Reaffirms Long-Term Investment Commitment to Nigeria as Trade Ties Deepen
The United Arab Emirates has reaffirmed its commitment to long-term investments in Nigeria, underscoring the growing economic partnership between both…
Mission 300 Lights Up Africa: Over 50 Million People Gain Electricity Access in Two Years
The World Bank and the African Development Bank (AfDB) have announced a major milestone under Mission 300, revealing that more…
G7 AI Summit in France: OpenAI, Google and Anthropic CEOs Signal Shift in Global Tech Power
Top executives from the world’s leading artificial intelligence companies have joined the G7 Summit in France, underscoring how AI has…
United Capital Takes Bold Step With 5% Stake in NGX Group, Strengthening Nigeria’s Capital Market Outlook
United Capital Group has strengthened its position in Nigeria’s financial sector after completing the acquisition of a 5% equity stake…
Global Gas Price Volatility Persists as World Bank Warns of Prolonged Market Instability
The World Bank has warned that global natural gas markets are heading into a prolonged period of instability, with prices…
Ripple Invests in Flutterwave Series E to Power Stablecoin Payments Across Africa
Ripple has made a strategic investment in Flutterwave as part of the Nigerian fintech giant’s Series E fundraising round, marking…
West African Trade Ministers Push Regional Industrialisation Drive at ECOWAS Summit in Ghana
West African trade and industry leaders have taken a major step toward deepening regional economic integration after the fifth ECOWAS…
Nigeria Urged to Turn AI Strategy into Real-World Impact, Microsoft Says
Microsoft has called on Nigeria to move beyond developing artificial intelligence strategies and begin focusing on practical implementation that delivers…
Stablecoin Inflows in Nigeria Dominate Sub-Saharan Africa, IMF Report Reveals Digital Currency Shift
Nigeria has emerged as a central hub for digital asset movement in Africa, accounting for about 60% of stablecoin inflows…
IMF Says Naira Undervalued by 25.6%, Estimates Fair Exchange Rate at N1,142 per Dollar
The International Monetary Fund (IMF) has revealed that the Nigerian naira remains significantly undervalued despite recent improvements in the foreign…
AI Agents Will Replace Apps, Says Qualcomm CEO as Company Builds 40+ AI Devices | Future of Smartphones Explained
Qualcomm’s CEO Cristiano Amon has made a bold prediction about the future of technology, saying that AI agents will soon…
AI Companies Eye IPO Boom as SpaceX Triggers Market Ripple Effect Across Tech and Energy Sectors
The tech and financial world is entering what many analysts are calling a potential “AI IPO summer,” as major artificial…
Elon Musk Predicts SpaceX Could Hit $1 Trillion Revenue by 2030 After Historic $2 Trillion Valuation
Elon Musk, the billionaire entrepreneur behind Elon Musk, has projected that his space exploration company, SpaceX, could generate as much…
Dangote Refinery Cuts Petrol Price by N75 Amid Global Oil Price Drop
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (petrol), slashing it by N75…
US–Iran Peace Deal Sends Shockwaves Through Global Markets — What It Means for Nigeria’s Economy
Global relief as US–Iran peace deal calms energy markets A newly announced peace agreement between the United States and Iran…