Business

Global goods trade rises 12.5% to $13.7tn in

  • 16th August 2026

Anthropic details Claude watermarking system to meet EU

  • 16th August 2026

BOI to channel 80% large enterprise loans towards

  • 16th August 2026

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

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SpaceX completes acquisition of AI coding startup Cursor

Tech

Global goods trade rises 12.5% to $13.7tn in H1

Business

Anthropic details Claude watermarking system to meet EU AI

Business

Apple unveils new commission rates for external app payments

Tech

Blog

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok US deal stalls amid fresh tensions between China, Trump

Alex Omenye Efforts to finalize a deal to spin off TikTok’s United States’ operations have been put on hold after China signaled disapproval following President Donald Trump’s announcement of a sharp increase in tariffs on Chinese goods, Reuters reported. Trump on Friday extended the deadline for TikTok’s Chinese parent company, ByteDance, to divest its U.S. […]

AfDB President Adesina criticizes border opening for food imports
News

FG, AfDB partner to launch agro-industrial zones programme

The Federal Government of Nigeria, in collaboration with the African Development Bank, will officially launch Phase One of the Special Agro-Industrial Processing Zones programme, supported by a $538 million investment. According to a statement from the AfDB on Sunday, groundbreaking ceremonies for the first phase will take place on April 8 in Kaduna State and […]

News

FG raises alarm over impact of Trump’s tariffs on Nigerian exports

The Federal Government has expressed concern over the negative impact of newly imposed United States tariffs on Nigeria’s oil and non-oil exports. It warned that the measures could strain trade relations and reduce the competitiveness of Nigerian products in the American market. In a statement issued on Sunday, Minister of Industry, Trade, and Investment, Dr. […]

Taiwan's President meets tech leaders to address US tariffs
News

Taiwan’s President meets tech leaders to address US tariffs

Taiwan President Lai Ching-te met with top technology industry executives on Saturday to strategize responses to newly announced U.S. import tariffs, pledging full support to maintain Taiwan’s global economic edge and protect national interests. The meeting followed President Donald Trump’s sweeping tariff announcement on Wednesday, which imposed significantly higher import duties on dozens of trade […]

Microsoft's AI Chief speech interrupted by pro-Palestinian protest
News

Microsoft’s AI Chief speech interrupted by pro-Palestinian protest

Microsoft’s 50th anniversary celebration on Friday was briefly disrupted when an employee publicly protested the company’s ties to Israel, interrupting AI CEO Mustafa Suleyman during his speech in Redmond, Washington. “You are a war profiteer. Stop using AI for genocide,” shouted Microsoft employee Ibtihal Aboussad, as Suleyman discussed the company’s AI assistant products. Suleyman responded […]

Oil and Gas

Crude prices drop to $65, lowest since 2021

Oil prices dropped sharply to $65 per barrel this week after the United States imposed new import tariffs and an unexpected supply increase from OPEC+ flooded the market, wiping $10 off global benchmarks. This followed a brief rally last week when U.S. President Donald Trump announced tariffs on countries purchasing crude oil from Venezuela, tightening […]

News

Expert urges SMEs embrace innovation for growth 

The CEO and Lead Innovator at Lalaa Consulting, Demola Aderibigbe, has urged small and medium-sized enterprises in Nigeria to embrace creativity and innovation in order to thrive and stay competitive with larger industry players. Speaking at the inaugural Academy of Creativity, Innovation & Disruption event in Lagos, he highlighted that SMEs must leverage these qualities […]

US Embassy in Nigeria moves to new visa service provider
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US cancels all visas for South Sudanese passport holders

The United States Secretary of State, Senator Marco Rubio, announced on Saturday that the US is revoking all visas for South Sudanese passport holders and blocking new arrivals. The move comes in response to South Sudan’s refusal to accept nationals who have been deported from the United States. “The State Department is taking actions to […]

Elon Musk announces upcoming release of AI chatbot Grok 3
News

Elon Musk’s lawsuit against OpenAI starts in 2026

A federal judge has scheduled billionaire Elon Musk’s lawsuit against OpenAI for a jury trial in spring 2026, marking a significant development in the ongoing legal battle between Musk and OpenAI CEO Sam Altman. The case, which centers on Musk’s allegations that OpenAI abandoned its original nonprofit mission in favor of profit, will be heard […]

Business

ETranzact reports N5bn pre-tax profit for FY 2024

ETranzact International Plc reported a pre-tax profit of ₦5 billion for the year ended December 31, 2024, representing a 53.2% year-on-year increase from the ₦3.1 billion recorded in 2023. This significant growth underscores the company’s rising profitability and effective strategic expansion efforts in Nigeria’s fintech sector. ETranzact’s audited 2024 results, released on the Nigerian Exchange […]

News

CBN injects $197.7m into FX market to ensure liquidity

The Central Bank of Nigeria injected $197.71 million into the foreign exchange market on April 4, 2025, as part of its ongoing efforts to ensure adequate liquidity and stabilize the market. This was disclosed in a statement by the Director of the Financial Markets Department,Dr. Omolara Omotunde Duke, who reaffirmed the Bank’s commitment to maintaining […]

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