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BusinessNigeria

Banks slash lending, cut N5.4trn across key sectors

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Economy

Moody’s says the banking system, private credit markets are sound despite worries over bad loans

October 18, 2025

Marc Pinto, the agency's head of global private credit, acknowledged in a CNBC interview that there are concerns over loose…

‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks
Economy

‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks

October 18, 2025

Investors are focused on a specific type of lending made by banks to non-depository financial institutions, or NDFIs, as the…

Trump commutes prison sentence of ex-GOP Rep. George Santos
Economy

Trump commutes prison sentence of ex-GOP Rep. George Santos

October 18, 2025

Trump said he began thinking about Santos after being reminded of a controversy about Democratic Sen. Richard Blumenthal's military service…

Army Corps of Engineers pausing $11 billion in projects over shutdown, Trump budget chief says
Economy

Army Corps of Engineers pausing $11 billion in projects over shutdown, Trump budget chief says

October 18, 2025

President Donald Trump and OMB Director Russell Vought have described the government shutdown as an "opportunity" to slash the federal…

California homeless crisis: DOJ accuses real estate developers of $50M funding fraud
Business

California homeless crisis: DOJ accuses real estate developers of $50M funding fraud

October 17, 2025

Cody Holmes and Steven Taylor face federal fraud charges for allegedly stealing millions in California homelessness funds meant for housing…

Trump considers historic appearance at Supreme Court tariffs hearing
Business

Trump considers historic appearance at Supreme Court tariffs hearing

October 17, 2025

President Donald Trump is considering attending Supreme Court arguments in a key tariffs case that could shape his trade policy,…

Fed’s Miran downplays impact of Trump’s tariffs on growth, inflation
Business

Fed’s Miran downplays impact of Trump’s tariffs on growth, inflation

October 17, 2025

Fed Governor Stephen Miran downplays the impact of Trump’s tariffs, saying there’s little evidence they’re hurting growth or driving up…

Americans underprepared for longer lifespans and extended retirement years, study finds
Business

Americans underprepared for longer lifespans and extended retirement years, study finds

October 17, 2025

A new study revealed that most Americans scored only 60 out of 100 on longevity preparedness, and nearly 40% face…

Trump says Ozempic prices will be ‘much lower’ for Americans
Business

Trump says Ozempic prices will be ‘much lower’ for Americans

October 17, 2025

President Donald Trump said there will Ozempic prices will be lower after negotiations with Novo Nordisk as part of his…

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Crypto World

1
Cryptocurrency

US Senate unanimously adopts resolution opposing clemency for SBF

July 16, 2026

The US Senate has adopted a resolution opposing executive clemency for former FTX CEO Sam Bankman-Fried, the convicted crypto executive behind one of the industry’s largest collapses.The Senate has agreed by unanimous consent to the…

2
Cryptocurrency

Autonomous AI agent economy faces infrastructure gaps: Visa, Artemis

July 16, 2026

Artificial intelligence (AI) agents are posing a challenge to the incumbent global card payments infrastructure that is struggling to process high-frequency micropayments, according to a joint report released by payments giant Visa and investment thesis…

3
Cryptocurrency

ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim

July 16, 2026

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and…

4
Cryptocurrency

Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

July 15, 2026

The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers, while some Democrats continue to push for ethics provisions.In a Tuesday…

Economy

Economy

Nvidia unveils new AI model and expands Japan’s physical AI ecosystem

July 16, 2026
Economy

U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies

July 16, 2026
Economy

Iran warns U.S. of Hormuz ‘red line,’ says it will retaliate to Trump’s strike threats

July 16, 2026
Economy

U.S. strikes Iran before Hormuz Strait blockade restarts

July 15, 2026
Economy

SK Hynix South Korean shares jump 11% as Asia tech stocks rally

July 15, 2026
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