Ghana secures $2.8bn debt relief as official creditors sign MoU
Ghana has successfully secured $2.8 billion in debt relief after all 25 members of its Official Creditor Committee (OCC) signed…
Category: International
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta’s stock may have remained unaffected by speculation surrounding DeepSeek’s AI models, which sent Nvidia’s shares plummeting by nearly 20%.…
Crypto exchange Crypto.com to delist Tether’s USDT,9 others in Europe by Jan. 3
Cryptocurrency exchange Crypto.com has announced plans to delist Tether’s USDT and nine other tokens in Europe by January 31, 2025.…
US Stock Market Faces Uncertainty Amid Tech Struggles and Fed Policy Concerns
The U.S. stock market is facing increasing risks, with cracks appearing in the technology sector and uncertainty surrounding future interest…
Rising Imports and Trade Deficit Slow U.S. Economic Growth in Q4
The U.S. economy likely grew at a slower pace in the fourth quarter of 2024, with GDP estimated to have…
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft’s stock fell 4.5% in after-hours trading after the company forecasted lower-than-expected growth for its cloud computing business, Azure. Despite…
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
Microsoft’s shares dropped by 4.5% in Europe, following a weak forecast for its cloud business. This decline mirrored a similar…
Gartner Predicts AI Will Drive 15% of Daily Work Decisions by 2028, Transforming Workplaces
Gartner has projected that by 2028, AI systems will autonomously make 15% of daily work decisions, with technologies like “agent-based…
OpenAI says it will work with U.S government to protect technology
OpenAI has expressed concerns about Chinese companies attempting to tap into U.S. artificial intelligence advancements to enhance their models. In…
Microsoft probes if DeepSeek-linked group improperly obtained OpenAI data, Bloomberg News reports
Microsoft and OpenAI are investigating whether a group connected to the Chinese AI startup DeepSeek improperly obtained data from OpenAI’s…
Italian startup Exein to supply cybersecurity for chips to MediaTek
Italian tech startup Exein has signed a deal with Taiwan’s MediaTek to provide cybersecurity systems for chips used in the…
DeepSeek claims its ‘reasoning’ model beats OpenAI’s o1 on certain benchmarks
Chinese AI lab DeepSeek has launched an open-source version of its reasoning model, DeepSeek-R1, which is now available on the…
Nigeria to partner Switzerland for economic collaboration – Akpabio
Nigeria’s Senate President, Godswill Akpabio, has advocated for a stronger economic partnership with Switzerland, facilitated by the European Free Trade…
US Investigates United Airlines Flight That Returned to Nigeria After Mid-Air Incident
The US National Transportation Safety Board (NTSB) has launched an investigation into a United Airlines flight that was forced to…
Currency Markets Roiled by Tariffs and AI Uncertainty
Global currency markets experienced sharp volatility as new U.S. tariff threats and concerns over artificial intelligence (AI) dominance shook investor…
SAP sees higher operating profit, cloud revenue growth in 2025
SAP, Europe’s largest software company, has raised its 2025 financial outlook, citing strong growth in cloud computing revenue. The company…
Tinubu Arrives Dar Es Salaam to Attend African Leaders Energy Summit
President Bola Tinubu arrived in Dar es Salaam, Tanzania, on Sunday to participate in the Mission 300 Africa Energy Summit,…
Asia equities slide with US stock futures on China’s AI push; dollar firms
Asian stock markets and U.S. futures fell on January 27 as investors reacted to the launch of DeepSeek, a Chinese…
Inflation, poverty rate dip Nigeria-China trade to $20b in 2024
In 2024, trade volume between Nigeria and China fell to approximately $20 billion, a decline from the $22.6 billion recorded…
Asian stocks drop after Trump’s huge tariff threats
Asian stock markets fell on Monday following Donald Trump’s announcement of steep tariffs on Colombian goods in response to the…
CERT-In issues urgent security alert over vulnerabilities in Google Chrome
The Indian Computer Emergency Response Team (CERT-In) has issued an advisory for users of the Google Chrome browser on Windows…
OpenAI to face Indian news firms of Ambani, Adani in copyright battle, documents show
Indian digital news outlets, including those owned by billionaires Mukesh Ambani and Gautam Adani, have filed a lawsuit against OpenAI…
Emerging market investors eye frontier assets shielded from Trump’s tariff threats
Amid growing global uncertainties, including rising U.S. tariffs and geopolitical tensions, investors are increasingly looking toward frontier markets, which are…
Trump policies may weigh on foreign inflows, naira stability
Analysts warn that President Donald Trump’s economic policies, including a strong dollar and increased oil production, could destabilize Nigeria’s currency…
Trump: Nigeria, other emerging markets at risk of capital flight –JP Morgan
JP Morgan has warned that emerging markets, including Nigeria, face significant capital outflows due to global financial conditions and policies…
UK borrowing jumps in December as debt interest climbs
In December 2024, the UK government reported a larger-than-expected budget deficit of 17.8 billion pounds, significantly higher than the forecasted…
Trump unveils multi billion dollar investment to fund AI infrastructure
President Donald Trump announced a groundbreaking partnership with major tech companies, including OpenAI, Oracle, and Softbank, to establish a joint…
Tech titans top the world’s most valuable brands league in 2025
Tech giants continued their dominance in global brand value rankings, with Apple, Microsoft, and Google taking the top spots. According…
Indonesia Set to Lift iPhone 16 Ban After Deal with Apple
Indonesia is reportedly close to reaching a deal with Apple to lift the ban on iPhone 16 sales in the…
Blackstone plans to sell Hotel Investment Partners, Cinco Dias reports
Blackstone is preparing to sell its stake in Hotel Investment Partners (HIP), a Spanish-based hotel management company valued at 6.5…