Africa’s richest man, Aliko Dangote, has raised fresh concerns over the sudden spike in global oil price, describing the situation as “crazy” amid escalating geopolitical tensions. Speaking in an interview with The Economist on March 12 from his office in Lagos, Dangote revealed that crude oil prices jumped by about 10% within just a few…
Bola Ahmed Tinubu has called for deeper economic and security cooperation between Nigeria and the United Kingdom during a key bilateral meeting with Keir Starmer. The meeting took place at 10 Downing Street on the final day of Tinubu’s historic two-day state visit to the UK. Focus on Trade and Economic Growth President Tinubu emphasized…
Temi Popoola, CEO of Nigerian Exchange Group, says Nigeria’s stock market is undergoing a major “re-rating” as global investors begin to reassess the country’s economic outlook. Speaking during an interview in London, Popoola noted that investor sentiment is gradually improving, driven by stronger economic signals and clearer policy direction. What “Re-Rating” Means for Nigeria A…
Nigeria and the United Kingdom have signed three major Memoranda of Understanding (MoUs) aimed at strengthening cooperation across migration, security, and business mobility. The agreements mark a significant step in deepening bilateral ties while addressing key challenges around immigration and cross-border activities. What the Agreements Cover The newly signed MoUs focus on three critical areas:…
Muhammadu Sanusi II has received ₦442 million (approximately $324,000) in remuneration from MTN Group for the 2025 financial year. The payment reflects not only his role within the company but also the broader financial performance of one of Africa’s largest telecom operators. What’s Driving the Increase The earnings are tied to improved financial results recorded…
A new report by the Major Energies Marketers Association of Nigeria reveals that imported petrol is now significantly cheaper than locally supplied fuel in Nigeria. As of March 16, 2026, the landing cost of imported petrol stood at ₦1,080.47 per litre, compared to the domestic gantry price of ₦1,175 per litre—creating a price gap of…
Nigerian financial institutions are making bold moves on the global stage, with banks and fintechs companies investing over £100 million ($127 million) into the United Kingdom. This marks a significant shift in capital flow—from Africa’s largest economy to one of the world’s most established financial hubs. Who’s Leading the Investment Wave Top Nigerian banks and…
Tensions are rising within the Benin royal circle as new claims emerge surrounding the controversial visit of Peller to the palace of the Oba of Benin. What initially appeared to be a clear case of protocol violation has now taken a dramatic turn, with fresh statements challenging earlier reports. Initial Allegations by the Council The…
Josh D’Amaro has officially stepped in as CEO of The Walt Disney Company, succeeding Bob Iger—and he’s already making bold moves. At the center of his vision is Disney+, which he says will evolve into Disney’s “digital centerpiece,”. Signaling a major transformation in how the company delivers content. Disney+ and Hulu Set to Merge One…
US President Donald Trump threatened to destroy Iran’s largest gas field if Tehran attacked Qatar again. As reported by ALO360 he delivered the stark warning on March 18 2026 to deter further Iranian aggression in the Gulf region. Trump Issues Direct Threat President Donald Trump spoke during a press briefing at the White House. Consequently…
