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Bonny Light Boom: Nigerian Crude Poised for Biggest Weekly Surge Since June Rally Amid Geopolitical Firestorm Nigerian crude is roaring back from summer slumps, with Bonny Light on track for its sharpest weekly gain since June’s OPEC-fueled frenzy, potentially adding billions to Africa’s top oil exporter’s coffers. Bonny Light surge headlines global energy desks as … Read more
Breaking: Tinubu Swears In Prof. Joash Amupitan as New INEC Chairman Amid Push for Electoral Reform In a move that’s sparking debates across Nigeria and beyond, President Bola Tinubu has sworn in Professor Joash Amupitan as the new INEC Chairman. This appointment, focusing on Tinubu swears in new INEC Chairman, comes at a pivotal time … Read more
Meet the Owners of Major Phone Stores Powering Nigeria’s Smartphone Boom Nigeria’s smartphone market is exploding, with over 100 million active users driving a $3.8 billion industry that’s projected to grow 15% annually through 2028, fueled by rising broadband penetration (now at 48.81%) and affordable devices from brands like Tecno and Infinix. Lagos remains the … Read more
Swedish automotive powerhouse Bilia AB kicked off the trading day with fireworks, as its shares rocketed 7% in early Stockholm trading on Thursday after third-quarter results that handily outpaced Wall Street forecasts. The earnings beat, fueled by resilient service operations amid softer car sales, signals steady demand in Europe’s auto aftermarket and offers a bright … Read more
ChatGPT Predicts Avalanche (AVAX) Price at $24 as Blazpay Presale Leads the New AI Crypto Coins List The intersection of artificial intelligence and cryptocurrency is creating seismic shifts in the market, with OpenAI’s ChatGPT issuing a notable price prediction for Avalanche (AVAX), forecasting a target of $24. This AI-driven analysis arrives as a new contender, … Read more
Nigeria’s Gold Ambition Grows as Bullion Hits $4,250 per Ounce: Tinubu’s Push for Reserves Amid Global Surge As gold prices soar to record heights, Nigeria’s bold bet on its untapped yellow metal reserves is gaining serious momentum, promising a lifeline for the naira’s woes and a shot at economic diversification. With bullion breaching $4,250 per … Read more
Trump Softens on 100% China Tariffs: ‘Not Sustainable’ – But Xi Jinping Meeting Still On Track In a whirlwind of trade rhetoric that’s become his trademark, President Donald Trump admitted Friday that slapping 100% tariffs on Chinese goods isn’t a long-term fix, even as he gears up for a high-stakes sit-down with President Xi Jinping … Read more
US Treasury Seeks Dealer Input on Quantitative Tightening Timeline and 20-Year Bond Auction Tweaks Amid Surging Debt Concerns As the Federal Reserve’s balance sheet shrinks under ongoing quantitative tightening, the U.S. Treasury is turning to Wall Street for crucial insights. In a fresh survey released Friday, officials asked primary dealers about the expected end of … Read more
In a move that’s buzzing across global business circles, veteran Nigerian broadcaster Frank Edoho is stepping up to host the highly anticipated Masters of Industry (MOI) Awards 2025. This black-tie gala promises to spotlight Africa’s rising stars, drawing eyes from the U.S. to the vibrant streets of Lagos. The event, themed “Trailblazers of a Rising … Read more
AGF Fagbemi Addresses Public Fears: Presidential Clemency Process Still Under Strict Review Amid Nigeria’s Justice Backlash Public outcry erupted across Nigeria this week after reports surfaced of President Bola Tinubu granting clemency to high-profile convicts, including those jailed for murder and drug trafficking. Now, the nation’s top legal officer steps in to calm the storm, … Read more