US stocks climb as inflation eases, banks impress
Wall Street caught a breath of fresh air on Tuesday morning as cooling inflation data and a blockbuster start to…
Category: International
NNPC and African Oil Giants Unite to Launch $5B Bank and End Fuel Imports
Africa is officially tired of exporting its wealth and buying it back at a premium. In a massive push toward…
Nigeria, Ghana, Côte d’Ivoire, Cameroon form alliance to end raw cocoa exports
For decades, the story of African cocoa has been one of missed opportunity: the continent grows the vast majority of…
Tinubu Urges Afreximbank to Fast-Track Africa’s Industrialisation and Economic Growth
President Bola Ahmed Tinubu has called on the African Export-Import Bank (Afreximbank) to play a more active role in driving…
OpenAI’s first hardware device is reportedly a screenless speaker that can move
OpenAI is reportedly preparing to enter the consumer hardware market with an ambitious new product that could change how people…
Meta’s $50 Billion AI Infrastructure Expansion Fuels Global Data Centre Boom
Meta Platforms has unveiled a major expansion of its artificial intelligence infrastructure, committing more than $50 billion to scale up…
South Africa Strategic Oil Reserve Plan Targets 36 Million Barrels to Boost Energy Security
South Africa is set to significantly strengthen its energy security with plans to establish a strategic petroleum reserve of approximately…
African Union Pushes for Greater Livestock Investment to Unlock Africa’s Pastoral Economy
The African Union has intensified calls for greater investment in Africa’s pastoral livestock sector, describing it as a largely untapped…
Dow Futures Slide as IBM Earnings Miss and Oil Prices Surge Ahead of Key Inflation Report
Wall Street faced fresh pressure on Tuesday morning as Dow futures tumbled more than 250 points, driven by disappointing corporate…
AI drives smarter maintenance for global data centres
Artificial intelligence is rapidly transforming how data centre operators manage and maintain critical infrastructure, as growing computing demands and increasingly…
SoftBank CEO Predicts $5 Trillion Annual AI Investment by 2040 as Global Race for Artificial Intelligence Intensifies
SoftBank Group CEO Masayoshi Son has made a bold prediction about the future of artificial intelligence, stating that the technology…
Majority of U.S. workers support an AI wealth fund as tech layoffs surge, survey finds
The tech world is living through a bizarre paradox. On one hand, silicon giants are boasting record-breaking profits and pouring…
Oil Prices Surge Above $80 as Trump Revives Iran Blockade, Raising Global Supply Fears
Global oil markets were shaken on Monday as crude prices surged above $80 per barrel following a dramatic escalation in…
Nigeria and Hong Kong Sign Historic Double Taxation Agreement to Protect Investors
In a major win for international business, Nigeria and Hong Kong have officially joined forces to eliminate the financial headache…
IMF July economic outlook: Oil lifts Nigeria, AI lifts the World’s winners
The latest IMF July economic outlook paints a picture of resilient growth, projecting a steady 4.1% expansion for Nigeria in…
Nigeria-Brazil Agricultural Trade Deal Officially Kicks Off
Nigeria and Brazil have officially moved from paperwork to policy as the two nations begin implementing a major new agricultural…
AS US, Iran Resume Hostilities over Strait of Hormuz, Dangote to Now Sell Fuel in Dollars
The fragile peace in the Middle East has shattered once again. A fresh wave of military strikes between the United…
Tanzanian Billionaire Backs Dangote’s Kenya Refinery Plan with $100 Million Investment Offer
Africa’s drive toward industrial self-sufficiency received a major boost after Tanzanian billionaire Mohammed Dewji announced his willingness to invest $100…
Nasdaq Futures Climb as Chip Stocks Rally Despite Rising U.S.-Iran Tensions
Wall Street showed signs of resilience on Thursday as Nasdaq futures advanced, driven by strong gains in semiconductor stocks, even…
IMF Maintains Nigeria’s 4.1% Growth Forecast for 2026 Amid Global Uncertainty and Middle East Tensions
Nigeria’s economic outlook has received a vote of confidence from the International Monetary Fund (IMF), which has maintained its growth…
Nigeria, Ghana deepen bilateral maritime cooperation
Nigeria and Ghana have taken a major step toward strengthening maritime ties after signing a new Memorandum of Understanding (MoU)…
ipNX Pushes for Affordable, Accessible AI to Accelerate Africa’s Digital Transformation
Artificial Intelligence (AI) will only achieve its full potential in Africa if it becomes accessible, affordable, and relevant to local…
Meta Invests $9 Billion in First Canadian Data Center as AI Expansion Accelerates
Meta is taking its artificial intelligence ambitions beyond the United States with plans to build its first large-scale data center…
Oil Hits $80 as Trump Ends Iran Ceasefire, Raising Fresh Fuel Price Fears Worldwide
Global oil markets were thrown into fresh uncertainty on Wednesday after crude prices climbed to $80 per barrel following a…
SpaceXAI Unveils Grok 4.5 as Elon Musk Claims It Rivals Top AI Models at a Fraction of the Cost
SpaceXAI has officially introduced Grok 4.5, its newest artificial intelligence model and the company’s first major AI release since becoming…
Dangote Chooses Kenya’s Lamu for $17 Billion Mega Refinery as Engineering Work Begins
Aliko Dangote, Africa’s richest businessman, has officially chosen Lamu Island on Kenya’s coast as the location for a massive $17…
IMF Cuts Global Growth Forecast for 2026 as Middle East Conflict Clouds Economic Outlook
The International Monetary Fund (IMF) has once again lowered its forecast for global economic growth in 2026, warning that lingering…
Oil Surges, Global Stocks Tumble as Trump Declares Iran Ceasefire Over
Global financial markets were thrown into fresh uncertainty on Wednesday after United States President Donald Trump declared that the ceasefire…
Dow Futures Tumble 700 Points as Trump Declares Iran Ceasefire ‘Over,’ Oil Prices Surge
Global financial markets were rattled on Wednesday after U.S. President Donald Trump declared that the ceasefire between the United States…
EBRD Picks Nigeria as West Africa Growth Hub in Major Expansion Drive
The European Bank for Reconstruction and Development (EBRD) has placed Nigeria at the heart of its ambitious expansion plans in…