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Flutterwave acquires Mono in rare African fintech buyout
Ziggy Ojiegbe Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal. The acquisition brings together two of the continent’s…
Nigeria among beneficiaries of $2bn US humanitarian aid
Ziggy Ojiegbe Nigeria is among 17 crisis-affected countries eligible to access a new $2 billion humanitarian funding package agreed between the United States and the United Nations, aimed at saving lives amid rising global humanitarian needs. The funding will support…
Iranian uprising adds to building pressure on oil prices
Rising tensions across several key oil-producing countries risk overturning the market’s current complacency and triggering a sharp rebound in oil prices, particularly as sanctions continue to constrain Russian exports. Crude prices fell sharply in 2025 as oversupply fears dominated sentiment,…
Nigeria Leads Sub-Saharan Africa’s LNG Boom
Sopuruchi Onwuka Sub-Saharan Africa’s liquefied natural gas (LNG) supply is set for rapid expansion over the next decade, with total output forecast to rise by 172% from 35.7 billion cubic metres (bcm) in 2024 to about 98 bcm by 2034,…
Trump demands oil firms to invest more to recover Venezuelan assets
Ziggy Ojiegbe U.S. oil companies that lost assets to Venezuela’s nationalizations decades ago may get help recovering them — but only if they agree to reinvest heavily in the country’s battered oil industry. Officials in the Trump administration have told…
Korean scientists evolve novel treatment to remove liver fat
U.S. study finds high-fat diets linked to liver cancer risk Ziggy Ojiegbe A joint research team from the Korea Institute of Science and Technology (KIST) and Hanyang University has developed a new therapeutic approach that directly removes fat accumulated in…
Colonial EU rejects U.S. control of Venezuela, citing international law
Ziggy Ojiegbe Twenty-six member states of the European Union have rejected U.S. President Donald Trump’s suggestion that the United States could temporarily govern Venezuela, arguing that any transition of power must be decided by Venezuelan citizens and conducted in line…
Public backlash follows baptism of adult content creator Lily Phillips
Public debate has erupted online after internet superstar popular for adult contents, Lily Phillips, was baptized and publicly identified as a Christian, despite continuing to operate an active OnlyFans account featuring sexually explicit material. Phillips, who gained global attention last…
Prices enters 2026 bearish despite U.S. siege on Venezuela’s shadow oil fleet
Sopuruchi Onwuka U.S. authorities are intensifying enforcement against Venezuela’s oil exports as global crude prices post their steepest annual decline since the pandemic era. Oil prices fell sharply in 2025, with ICE Brent crude ending the year at $60.85 a…
US forces capture Venezuela’s President Nicolás Maduro in surprise operation
Maduro’s allies fume as diaspora Venezuelans celebrate By Sopuruchi Onwuka, with agency reports At the order of U.S. President Donald Trump, American armed forces carried out a surprise military operation in Venezuela early Saturday, overpowering local security forces and capturing…
