Gold Hits Record High at $3,200 Amid Escalating U.S.-China Trade War
Gold has soared to an unprecedented peak of $3,200 per ounce, marking a historic milestone and offering investors substantial returns during intensifying global trade tensions between the United States and China. This surge underscores gold’s enduring appeal as a safe-haven asset, especially during times of economic volatility and geopolitical friction. Since the beginning of the […]
China Raises Tariffs on U.S. Goods Amid Escalating Trade War
On Friday, China announced an increase in tariffs on U.S. goods, raising them from 84% to 125%. This move marks a significant escalation in the ongoing trade war between the world’s two largest economies. The announcement has caused global markets to tremble, sparking concerns about the possibility of a global economic slowdown. The new tariffs, […]
AI-Powered Cities: Why Nigeria Must Act Now
A groundbreaking global report, AI-Powered Cities of the Future, published by Deloitte and ThoughtLab, highlights a key trend: cities worldwide—from Singapore to San Francisco, Nairobi to Paris—are quickly adopting artificial intelligence (AI) to transform public services, infrastructure, and economic growth. These cities are leveraging AI’s data-driven capabilities to enhance everything from traffic management to public […]
Nigerian Banks Drive Growth in Tech Fund Contributions for 2024
In 2024, several Nigerian banks achieved impressive profit growth, significantly boosting the country’s technology ecosystem. Their contributions to the Nigeria Information Technology Development Fund (NITDEF) surged by 57% year-on-year, reaching a total of N34.3 billion. This marks a notable increase compared to the N21.8 billion these six commercial banks contributed in 2023. The banks involved […]
Cryptocurrency Market Movements: Bitcoin and Altcoins Showing Resilience in 2025
The cryptocurrency market has been a rollercoaster ride over the past few years, with Bitcoin, the market leader, remaining the focus of both institutional investors and individual traders. As of April 2025, Bitcoin (BTC) has experienced consistent growth, currently trading above $35,000, marking a significant increase from its lows in late 2023. While the price […]
