Monday, March 9, 2026
U.S. government shutdown fears deepen as budget impasse threatens global markets
Onome Amuge President Donald Trump’s budget office has directed federal agencies to activate contingency shutdown plans in the U.S after...
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U.S. shutdown fears raise new risks for Nigeria’s oil, capital markets
Onome Amuge The United States is once again on the brink of what analysts consider a government shutdown, a scenario...
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New GSK chief to steer $30bn U.S. investment under tariff cloud
Onome Amuge British drugmaker GlaxoSmithKline (GSK) stunned markets Monday with the announcement that chief executive Emma Walmsley will step down...
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Fresh $750m World Bank package tests Nigeria’s fiscal discipline
Onome Amuge Nigeria is set to secure fresh lifelines from the World Bank as the multilateral lender prepares to approve...
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Amazon agrees $2.5bn payout after FTC probe into misleading Prime subscriptions
Onome Amuge Amazon will pay $2.5 billion to settle a lawsuit with the US Federal Trade Commission (FTC) over allegations...
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Global $1m prize opens door for Nigerian schools to showcase innovation
Onome Amuge Nigerian schools have been called upon to compete for a new global award that promises to shine a...
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Advanced economies confront rising debt as growth model cracks
Onome Amuge The global economy is heading into a period of prolonged weakness and fragmentation as once-stable growth engines falter...
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Africa tops global rankings in grassroots civic participation-Afrobarometer
Onome Amuge Africans are leading the world in grassroots political participation, with far more citizens attending community meetings and working...
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World Bank turns to capital markets with IFC’s first $510m CLO
Onome Amuge The World Bank has taken a decisive step toward reimagining its role in global development finance, as its...
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African corporates trapped in high-cost debt cycle, Moody’s cautions
Onome Amuge African businesses are increasingly struggling to secure affordable credit as borrowing costs in Nigeria, Kenya and South Africa...
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