Top 5 electricity producers across Africa

Nigeria's greatest economic policy failure may be electricity – The one problem holding back every other sector of the economy

BusinessDay Jul 01, 2026

Nigeria’s pension push into private markets hits policy snags

The pension time bomb Nigeria can no longer ignore

Nigeria must unlock private capital to bridge infrastructure gap – Adeniyi

BusinessDay 01st Jul 2026

Risevest, Schoolinka graduate first cohort of 500 teachers under RiseEducators programme

Browsing Category

Cartoons

Zularich Properties expands Lagos footprint with home handover, new estate launch

Chisom Michael Jul 01, 2026

Zularich Properties has handed over completed homes to buyers at Zularich Residences Phase 2 as part of its expansion...

ToriBOX launches Africa's Vertical streaming platform for film-makers, audiences

Chisom Michael Jul 01, 2026

ToriBOX, described as Africa’s first vertical micro-drama streaming platform, has launched its web application, giving African filmmakers a new...

Informal sector pensions under pressure as 92% of accounts remain unfunded

Shareholders pour over N100bn into Nigeria's insurance bet

Modestus Anaesoronye Jul 01, 2026

Investors are betting heavily on the future of Nigeria’s insurance industry as the sector’s recapitalisation drive enters its final phase,...

wrkman targets trust gap in Nigeria's home service industry

Chisom Michael Jul 01, 2026

Finding a reliable artisan remains a challenge for many households and businesses across Nigeria. Whether it is fixing an air...

Trump, global conflict and the price paid by markets A world in conflict is testing both the resilience of markets and the limits of American power By Emmanuel C. Macaulay The modern American president no longer has the luxury of dealing with one crisis at a time. A missile launched in the Middle East can move oil markets before sunrise. A military escalation in Eastern Europe can unsettle investors thousands of miles away. A trade dispute with China can ripple through supply chains across continents. In today’s interconnected world, geopolitics no longer stays within borders—it travels through markets. This is the reality confronting President Donald Trump. From Ukraine to Gaza, from Iran to China, the White House finds itself managing a growing collection of geopolitical flashpoints whose consequences extend far beyond diplomacy. Every conflict carries military implications. Every conflict carries political risks. But increasingly, every conflict carries an economic price—and global markets are often the first place where that price appears. Yet the real story is not that markets react to conflict. Markets have always done that. The real story is that the world has become so interconnected that no major conflict remains local anymore. For decades, American power rested on a simple assumption: when instability emerged, Washington possessed enough military, diplomatic, and economic influence to contain it. Today, that assumption is under strain. The challenge facing Trump is not merely managing individual crises. It is managing a world where crises are connected to one another through energy systems, trade routes, financial markets, supply chains, and investor expectations. Consider the Middle East. The Israel-Iran confrontation is no longer a distant regional dispute. The Strait of Hormuz remains one of the most important energy corridors on earth. Any threat to shipping through that narrow passage immediately raises concerns about oil supplies and global inflation. A military escalation in the region can affect fuel prices in Europe, transportation costs in Africa, manufacturing expenses in Asia, and consumer spending in North America. The battlefield may be regional. The economic consequences are global. The same pattern is visible elsewhere. The war in Ukraine is not simply a security crisis. It has reshaped energy markets, disrupted grain exports, altered supply chains, and forced governments to rethink economic resilience. What began as a military conflict evolved into an economic challenge affecting countries far beyond Eastern Europe. China presents an even more complex dimension. Unlike traditional geopolitical rivalries, tensions between Washington and Beijing extend into technology, manufacturing, critical minerals, semiconductors, and trade. A diplomatic disagreement between the world’s two largest economies can influence everything from factory production to consumer prices across multiple continents. What connects all these flashpoints is speed. Markets respond within minutes. Governments often require months. Investors do not wait for peace agreements. Businesses do not wait for diplomatic breakthroughs. Financial markets continuously assess risk and adjust accordingly. This means geopolitical uncertainty is no longer an occasional disruption to economic activity. It has become a permanent feature of it. That reality places enormous pressure on American leadership. Every major conflict now creates a second battlefield—one located inside the global economy. Military commanders may focus on security. Diplomats may focus on negotiations. But investors focus on uncertainty. And uncertainty has become one of the most powerful forces shaping modern markets. This is why Trump’s challenge extends beyond traditional foreign policy. He is not only managing relationships between nations. He is managing expectations within a global economic system that reacts instantly to instability. Every statement from Washington is examined for clues. Every policy shift is interpreted for economic consequences. Every escalation creates questions about energy, inflation, trade, investment, and growth. In previous eras, wars could remain largely regional. Today, conflicts travel. They travel through oil wells. They travel through shipping costs. They travel through supply chains. They travel through financial markets. And often, they arrive long before diplomats do. This is the uncomfortable reality confronting not only Trump but also any American president in the twenty-first century. The greatest challenge may no longer be defeating adversaries. It may be containing the economic shockwaves created by instability itself. The bottom line The defining geopolitical question of our time is not whether conflicts will occur. History guarantees that they will. The more important question is whether any nation—even the United States—can still provide stability in a world where economic consequences move faster than political solutions. President Trump is confronting a global environment where multiple crises overlap, reinforce one another, and transmit instantly through markets. That is the price of modern interconnectedness. In the twentieth century, wars were often regional events with global observers. In the twenty-first century, conflicts have become global economic events with regional battlefields. And that changes everything. Bio Line: Emmanuel C. Macaulay is a development thinker and writer focused on global economics, governance systems, and the structural forces shaping modern power and financial markets.

WORLD IN BRIEF: US court blocks birthright citizenship bid, Ghana floods kill 13, Ebola could cost Africa $3.6bn and other stories

Faith Omoboye Jul 01, 2026

US Supreme Court blocks Trump bid to end birthright citizenship The US Supreme Court has ruled that children born in...

Economic statistics vs. empty pockets: Nigerians’ reality

Nigeria’s development plans have outrun its finances

Lolade Akinmurele Jul 01, 2026

The Nigerian government can no longer afford to build Nigeria by itself. Its future now depends on convincing private capital to do what...

Heavy rains trigger widespread flooding across Nigeria’s commercial city, cripple businesses

Taofeek Oyedokun Jul 01, 2026

Across Nigeria’s commercial capital, Lagos State, on Tuesday, floodwaters swallowed roads, trapped commuters in hours-long traffic, submerged homes and shops,...

Why naira is at a three-month low despite rising dollar liquidity

Hope Moses-Ashike Jul 01, 2026

The naira has been cooling in the official foreign exchange (FX) market, depreciating to a three-month low of N1,383.63 on...

Fashion Education Can Drive Jobs, Growth If Backed Right - Julihana Tomori

BusinessDay Jul 01, 2026

In a country where unemployment remains high and young people are increasingly searching for practical pathways to financial independence, fashion...

Altinvest Launches "Your Money, Your Value" to Demystify Shariah-Compliant Investing for Nigerians

BusinessDay Jul 01, 2026

Altinvest, the ethical digital investment platform from The Alternative Bank, has launched “Your Money, Your Value,” a free practical...

Mbappe breaks World Cup record as France thrash Sweden to set up Paraguay clash

Anthony Nlebem Jul 01, 2026

Kylian Mbappe made FIFA World Cup history with another dazzling display as France defeated Sweden 3-0 to book their place...

BlockDAG’s AI Launch Sparks $500M Valuation Surge While Tron Price Falls Below $0.330 & HYPE Price Risks Further Drop

Dutch FA condemns racist abuse after World Cup exit

Anthony Nlebem Jun 30, 2026

The Dutch Football Association (KNVB) has strongly condemned the online racist abuse directed at Netherlands players following their painful elimination...

FRC calls on business leaders to make sustainability reporting a boardroom priority

Favour Okpale Jun 30, 2026

The Financial Reporting Council (FRC) of Nigeria has urged business leaders to make sustainability reporting a strategic boardroom priority, stressing...

Creative thinking in PR must solve business problems – Experts

AI will not replace journalists, but trust, human creativity remains critical - Experts

Folake Balogun Jun 30, 2026

Artificial intelligence (AI) is transforming the media industry, but human judgment, empathy, trust and creativity will remain essential to the...

« 1 … 14 15 16 17 18 … 14,992 »

Nigeria's greatest economic policy failure may be electricity – The one problem holding back every other sector of the economy

The pension time bomb Nigeria can no longer ignore

Nigeria must unlock private capital to bridge infrastructure gap – Adeniyi

BusinessDay 01st Jul 2026

Risevest, Schoolinka graduate first cohort of 500 teachers under RiseEducators programme

Cartoons

Zularich Properties expands Lagos footprint with home handover, new estate launch

ToriBOX launches Africa's Vertical streaming platform for film-makers, audiences

Shareholders pour over N100bn into Nigeria's insurance bet

wrkman targets trust gap in Nigeria's home service industry

WORLD IN BRIEF: US court blocks birthright citizenship bid, Ghana floods kill 13, Ebola could cost Africa $3.6bn and other stories

Nigeria’s development plans have outrun its finances

Heavy rains trigger widespread flooding across Nigeria’s commercial city, cripple businesses

Why naira is at a three-month low despite rising dollar liquidity

Fashion Education Can Drive Jobs, Growth If Backed Right - Julihana Tomori

Altinvest Launches "Your Money, Your Value" to Demystify Shariah-Compliant Investing for Nigerians

Mbappe breaks World Cup record as France thrash Sweden to set up Paraguay clash

BlockDAG’s AI Launch Sparks $500M Valuation Surge While Tron Price Falls Below $0.330 & HYPE Price Risks Further Drop

Dutch FA condemns racist abuse after World Cup exit

FRC calls on business leaders to make sustainability reporting a boardroom priority

AI will not replace journalists, but trust, human creativity remains critical - Experts

The Company

Legal & Privacy

Quick Links

Support