News

AI Demand Pushes Taiwan’s Monthly Export Orders Past $100bn For First Time

Taiwan received $103 billion in export orders in August, crossing the $100 billion monthly threshold for the first time as demand for AI-related technology accelerated.

Niger Miners’ Deaths: FG Inaugurates Probe Panel, Vows No Shield for Culprits

The inauguration followed President Bola Tinubu’s directive for a comprehensive, transparent and unhindered investigation into the deaths, which occurred on September 17 after the suspects were arrested during anti-illegal mining operations in Niger State.

Former SGF Babachir Joins NDC, Pledges Support For Obi-Kwankwaso Presidency

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Lawal announced his decision in Abuja on Tuesday after meeting with NDC National Leader, Senator Seriake Dickson, at the senator’s Abuja residence and being formally received into the opposition party.

Binance Invests $100m In Circle To Expand USDC Use In Emerging Markets

Announced on September 22, the partnership combines an ownership stake with a distribution arrangement. Binance will promote and integrate USDC across its platform, while Circle supplies infrastructure for holding and using it, according to the companies’ official announcement.

Binance Faces Reported US Probe Over Iran Sanctions After $4.3bn Settlement

Federal prosecutors are examining transactions Binance allegedly failed to stop, including possible knowing permission for prohibited trading, according to Bloomberg reporting published on September 22.

DeepSeek Reportedly Set To Address UN Security Council On AI Risks

Chinese AI developer, DeepSeek, is expected to address the United Nations Security Council on artificial intelligence risks, Reuters reported on September 22, citing two people familiar with the plans.

CBN Slashes MPR to 23 Percent in 350-Basis-Point Rate Cut

The Central Bank of Nigeria (CBN) has cut its benchmark Monetary Policy Rate (MPR) by 350 basis points to 23 percent, from 26.5 percent.

NSA Phone-Tapping: El-Rufai To Know Fate October 26

The Federal High Court in Abuja has fixed October 26, 2026, to rule on the no-case submission filed by former Kaduna State Governor, Nasir El-Rufai, in his trial over alleged unlawful interception of the telephone communications of National Security Adviser, Nuhu Ribadu.

Refined Fuel Exports Surge 66 Percent As Current Account Surplus Hits $7.54bn

Nigeria’s current account surplus rose to $7.54 billion in the second quarter of 2026 from $4.49 billion in Q1, as stronger petroleum exports, lower crude oil imports and higher non-oil exports improved the country’s external position.

Alibaba Unveils New AI Chip and Plans Much Larger Qwen Model

Alibaba unveiled a new AI chip and plans for a substantially larger artificial intelligence model on Tuesday, September 22, expanding its effort to develop the hardware, software and cloud infrastructure behind its AI services.