Gold has surged to an all-time high of $3,200 per ounce as investors rush to safe-haven assets amid escalating U.S.-China trade tensions. Meanwhile, Bitcoin is making headlines too, rising 16% over the past year. Could this be the new normal for global markets?
Trump's latest tariff policy imposes a 14% duty on Nigerian exports, citing Nigeria’s 27% tariff on U.S. goods. The decision is part of a sweeping trade overhaul affecting over 50 countries, with major implications for global commerce and Africa’s trade relations with the U.S.
The World Bank has approved $1.08 billion in concessional financing to enhance education, nutrition, and economic resilience in Nigeria. The funds will support three key programs: HOPE-EDU for education reforms, ANRIN 2.0 for maternal and child nutrition, and NG-CARES for economic recovery efforts. These initiatives will benefit millions of Nigerians, improving school systems, tackling malnutrition, and providing financial aid to vulnerable communities. This investment underscores the importance of human capital development in shaping Nigeria’s future.
Crypto investors brace for impact as Trump’s tariffs shake global markets, causing Bitcoin to dip below $82,000. With XRP down 40% and major cryptocurrencies losing ground, will a reversal come soon?
Tony Elumelu, a leading advocate for African entrepreneurship, has been appointed to the IMF Advisory Council on Entrepreneurship and Growth. His inclusion underscores the importance of private sector-led development in shaping global economic policies.
Bitcoin’s recovery pushed it to $88,804 before settling at $86,666. Institutional inflows, long-term holder accumulation, and rising open interest indicate strong market activity. Can BTC push past $89,800, or will consolidation take over?
Google is acquiring Wiz, a leading cloud security company, in a $32 billion all-cash deal. This acquisition will enhance cloud security, automate cybersecurity processes, and boost multicloud adoption.
Gold hit a record high on Tuesday, surpassing $3,000 per ounce as investors flocked to safe-haven assets amid geopolitical and economic turmoil. With rising inflation, a weaker U.S. dollar, and ongoing trade tensions, analysts expect further gains in the coming months.
Nigerian artists earned over ₦58 billion from Spotify in 2024, marking a record-breaking year for the country’s music industry. With a surge in global streams and playlist features, Nigerian music continues to dominate international charts.
In a bold move, OpenAI CEO Sam Altman dismissed Elon Musk’s $97.4 billion takeover bid with a witty remark, reinforcing OpenAI’s commitment to independence. The rejection further fuels tensions between the two AI pioneers, who are already entangled in legal disputes over OpenAI’s direction.