Sunday, May 3, 2026
Trump tariff shock wipes nearly $1trn off crypto market in 24-hour rout
Onome Amuge The global cryptocurrency market endured one of its most punishing days on record after U.S. President Donald Trump...
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$10trn-a-day FX market enters new era as nonbanks gain ground
Onome Amuge The $10 trillion-a-day foreign exchange (FX) market, the world’s largest and most liquid, is undergoing a transformation that...
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ECB strengthens euro’s digital future with privacy-first offline payments
Onome Amuge The European Central Bank (ECB) has reached a major milestone in its preparations for a digital euro, signing...
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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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