Dangote Refinery reaches 650,000 bpd capacity, reshaping Nigeria’s FX and energy markets

The Dangote Petroleum Refinery has achieved full 650,000 barrels-per-day capacity following the optimisation of its core processing units. The milestone is already influencing Nigeria’s fuel import dynamics, foreign exchange flows, and investor sentiment around the naira.

Super Bowl LX is no longer just the biggest night in American sports. It has become a flashpoint for two rapidly expanding industries—traditional sports betting and prediction markets—both vying for billions in wagers, data, and consumer attention.

Greenland is becoming a focal point for U.S. national security strategy and private capital investment, with billionaire-backed ventures targeting the island’s untapped mineral wealth amid rising great-power competition and Arctic economic prospects.

Zambia is emerging as a standout in global markets, with the kwacha leading the world’s currency performance and the Lusaka Securities Exchange ranking among the top two stock markets worldwide. Strong copper prices, improved energy supply and policy reforms are boosting investor confidence in the Southern African economy.

Kenya and China have agreed to a preliminary framework that will allow around 98 % of Kenyan exports to enter the Chinese market without import tariffs, a landmark move aimed at narrowing trade imbalances, strengthening economic ties, and expanding export opportunities for Kenyan producers.

China closed 2025 with a record $1.19 trillion trade surplus, powered by booming exports to Africa and Southeast Asia even as shipments to the United States plunged. The numbers show Beijing is steadily reducing its dependence on the US and reshaping global trade around emerging markets.

US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as Fed chair, a decision closely watched by investors as markets weigh future interest rate policy, political pressure, and the independence of the central bank.

Morocco is set to open the $5.6 billion Nador West Med port in the fourth quarter of the year, a strategic project designed to boost trade capacity, attract industrial investment, and strengthen national energy security through the country’s first LNG terminal.

India and the European Union have agreed on a sweeping free trade pact after nearly 20 years of negotiations, unlocking one of the world’s largest trade corridors as both sides seek economic resilience amid rising US trade tensions.

Nigeria has signed a landmark trade and investment agreement with the United Arab Emirates that promises duty-free access for thousands of Nigerian products, improved investor protections, and new opportunities for businesses and professionals. The Nigeria–UAE Comprehensive Economic Partnership Agreement (CEPA) signals a strategic shift toward export-led growth and deeper Middle East–Africa trade integration.

The global economy is entering 2026 under growing strain from slower growth, rising debt and deepening geopolitical fragmentation. For low- and middle-income countries, resilience and policy credibility will matter more than rapid expansion.

The United Kingdom and Nigeria have signed a new agreement to return $9.5 million in recovered corruption proceeds, with the funds earmarked for critical road infrastructure including the Abuja–Kano Highway.

Khaby Lame’s rise from factory worker to TikTok superstar has culminated in a landmark transaction valuing his business near $1 billion, placing him among a rare class of creators whose personal brands now rival venture-backed unicorn startups.

Khaby Lame, the world’s most-followed TikTok creator, has entered a landmark $975 million corporate deal that highlights how digital influence is being transformed into scalable global businesses

Saudi Arabia’s Zahid Group has completed the $1.3 billion acquisition of South African industrial heavyweight Barloworld, ending the company’s 123-year history as a publicly listed firm and deepening Gulf investment in Africa’s infrastructure and mining economy.

Global billionaire wealth in 2026 continues to be dominated by technology and diversified investment leaders, with Elon Musk at the summit. This in-depth review of the richest individuals provides insights into wealth concentration, country representation, and the sectors shaping global markets.

Even without Super Bowl glory, the Dallas Cowboys remain sport’s ultimate money machine, topping a global list of 20 franchises that generated $4.5 billion in operating income in 2026.

Rwanda leads Africa in the World Bank’s latest Business Ready index, underlining the country’s reputation as one of the continent’s most attractive destinations for investors and entrepreneurs.