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…
Category: International
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…
Oracle shares rise 9% after Trump unveils $500 bln AI plan
Oracle shares surged nearly 9% in Frankfurt after U.S. President Donald Trump revealed that the company would collaborate with OpenAI…
Trump pardons dark web marketplace founder Ross William Ulbricht
In a move that has stirred significant controversy, President Donald Trump has granted a full pardon to Ross William Ulbricht,…
After two years of smooth sailing, the Fed ready to navigate the rocky bond market, Trump’s uncertainty
The Federal Reserve is preparing to meet amid rising concerns over a turbulent bond market and the unpredictable policies of…
Markets ride a rollercoaster as Trump returns to US presidency
Global markets experienced extreme volatility following Donald Trump’s inauguration, with sharp swings across stocks, currencies, commodities, and cryptocurrencies. The turbulence…
Investors eye US stock market after Trump’s inauguration
Investors closely monitor the U.S. stock market following Donald Trump’s inauguration for his second presidential term. Historically, the benchmark S&P…
Trump withdraws US from World Health Organization, halts foreign development aid
President Donald Trump has announced that the United States will withdraw from the World Health Organization (WHO), citing its mishandling…
Samsung, LG may move some home-appliance manufacturing from Mexico to US, paper says
According to a South Korean newspaper, Samsung Electronics and LG Electronics are reportedly evaluating a shift in home appliance manufacturing…
HP Introduces World’s First AI-driven Gaming Laptop
HP Inc. has introduced the OMEN Max 16, the world’s first AI-driven gaming laptop, promising unmatched power and immersive gameplay.…
Trump’s new cryptocurrency surges to $10bn market value
The digital token $TRUMP, launched on Friday, saw its price skyrocket from less than $10 on Saturday to a peak…
Markets Rally as Trump Returns to White House
As Donald Trump prepares for his second term as U.S. president, investors are cautiously optimistic about his pro-business policies while…
Taiwanese Tech Firms Consider US Expansion to Counter Trump Tariffs
Taiwanese laptop manufacturers Compal and Inventec are exploring expansion into the United States, with Texas emerging as a strong candidate…
Paytm Loss Narrows as Digital Payments Business Recovers
Indian fintech company Paytm reported a significant reduction in its third-quarter adjusted loss as its digital payments business rebounded following…
Wipro Stock Surges Amid Hopes of IT Sector Revival
Wipro’s shares soared by about 8% on Monday, marking their best day in nearly four years, after the Indian IT…
TikTok Restored in the US as Trump Reverses Ban Decision
In a dramatic turn of events, millions of American TikTok users were met with an unexpected shutdown of the app…
Trump Promises Swift Action on US Crises at Pre-Inauguration Rally
At a massive pre-inauguration rally in Washington, President-elect Donald Trump vowed to take immediate action on national issues, focusing primarily…
Scott Bessent Faces Senate Scrutiny Over Taxes Trade and Deficits
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, is set to face tough questions from the Senate Finance Committee…
Apple Seeks New Credit Card Partner as Goldman Backs Out
Apple is in talks with Barclays and Synchrony Financial to replace Goldman Sachs as its credit card partner, sources say.…
ECB Looks to Services Prices to Meet Inflation Target Says Chief Economist
Eurozone inflation is expected to decline in 2025 due to slower wage growth and reduced cost pressures, according to European…
UK Business Confidence Falls to Two-Year Low Amid Tax Concerns
British business morale plunged to its lowest point in two years during late 2024, driven by tax concerns following the…
TikTok Prepares for Potential U.S. Shutdown on Sunday
TikTok is gearing up to shut off access to its app for U.S. users on Sunday, pending the Supreme Court’s…
Japanese Investors Sell Foreign Assets for Third Consecutive Month in December
Japanese investors continued to offload foreign assets for the third month in a row in December, responding to rising U.S.…
Apple and Samsung Face Decline in Smartphone Shipments Amid Rising Chinese Competition
Smartphone shipments for Apple and Samsung both declined in the fourth quarter of 2024, according to preliminary data from the…
US lawmakers urge Biden to extend TikTok Jan. 19 ban deadline
Two Democratic lawmakers have urged Congress and President Joe Biden to extend the Jan. 19 deadline for ByteDance, the Chinese…