Economy
Billion-Dollar Surge: Tony Elumelu’s Seplat Stake Edges Toward $1B as Shares Hit Historic N11,000
LAGOS, Nigeria — In a historic week for the Nigerian Exchange (NGX), indigenous energy giant Seplat Energy PLC…
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JUBILATION as the U.S. Restores Vital Agricultural Export Credit for Nigeria
ABUJA, NIGERIA – In what is being hailed as a “strategic financial recalibration,” the United States Government has…
ByABT News1 in Every 25 Blacks: Nearly 2 Million Black Americans Now Hold Millionaire Status
NEW YORK — A tectonic shift is occurring in the American economic landscape. New data reveals that nearly…
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The Great Oil Divorce: Why the UAE Just Walked Away from OPEC—and What It Means for the World
ABU DHABI — In a move that has sent shockwaves through the world and the global energy markets,…
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The Flight of the Drone King: Why Africa’s Biggest Defense Factory Chose Ghana and not Nigeria
ACCRA, GHANA — In the heart of West Africa, a 34,000-square-foot mega factory is currently under construction. When…
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The $30 Billion Blueprint: Warren Buffett’s Ultimate Wealth Strategy for Africa’s Next Generation of Founders
On January 1, 2026, an era quietly ended. Warren Buffett, the legendary “Oracle of Omaha,” officially stepped down…
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THE STRAIT OF HORMUZ: How the Iran War is Emptying Your Wallet in Nigeria!
LAGOS — In the high-stakes game of global geopolitics, there is a dangerous myth circulating in the markets…
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The Price of Conflict: How the Middle East Crisis is Hitting your Family Finance Hard!
The escalating geopolitical conflict in the Middle East (pitting Israel and the United States against Iran and its…
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France Approves €100 Million Loan to Support Urban Development in Africa’s Richest Country
France has announced a €100 million loan package aimed at supporting struggling cities in South Africa, a nation…
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BREAKING: The Nigerian Exchange Unlocks Two Extra Hours of Opportunity; Extends Trading Window to 4:00 PM
LAGOS — In a move that market analysts are calling a “game-changer” for capital mobilization in West Africa,…
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Shielding the Naira: CBN and NCC Launch Real-Time Telecom “Watchdog” to Stop ₦52 Billion Fraud Wave
ABUJA — In a decisive move to fortify Nigeria’s digital economy, the Central Bank of Nigeria (CBN) and…
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From “Green Gold” to Bare Ground: Why Africa’s Economic Future Depends on Replanting Its Forgotten Orchards
ABUJA/NAIROBI — There was a time, not too long ago, when the wealth of an African community could…
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The Great Rebound: How $3.4 Billion in Startup Funding is Redefining the African Economy
LAGOS / NAIROBI — After two years of a grueling “funding winter” that saw global capital retract from…
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