What can leaders learn when rapid success turns into sudden decline? In this episode, we explore the leadership mistakes, strategic missteps, gaps, and stakeholder disconnects that often shape a dramatic fall from power. 

Markets had priced in the news of Keir Starmer’s resignation today and will watching for who could also be the next Chancellors and what will change. This analysis highlights lessons for business leaders, executives, and decision-makers operating in volatile environments and is a timely case study on leadership, strategy, public sentiment, and the risks of losing touch with your core base.

US Vice President Vance hails "great progress" made in US-Iran peace talks – Crude oil prices down with Brent at around $78/bl end of day.

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Oil markets steadied after the US-Iran MOU eased immediate fears over the Strait of Hormuz, but uncertainty remains high. Brent crude stayed range-bound as traders weighed tanker movements, Iran’s future potential maritime fee plans, regional tensions involving Israel, and rising shipping and insurance costs. 

This episode breaks down why prices still have a firm floor, how OPEC’s 2026 outlook changes the bigger picture, and why India, China, and Gulf producers are moving to boost energy security and find alternative supply routes. 

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The Kevin Warsh era at the US Federal Reserve begins with announcing five taskforces to overhaul Federal Reserve Operations as FOMC members strike a hawkish tone and hold rates at a 3.5%–3.75% target range. The shorter FED Policy statement also removes language pointing to future cuts. The Fed left interest rates unchanged for a fourth consecutive meeting, with inflation still stubbornly high and markets weighing the shift in leadership.

The June 2026 G7 Summit opened amid moderate expectations as attention turned anxiously to Friday’s expected signing of a US-Iran ceasefire MOU. G7 leaders also agreed to boost military support for Ukraine, tighten sanctions on Russia, and strengthen critical supply chains, particularly for key minerals.

Nigeria’s inflation climbed to 15.9% in May, but easing month-on-month price growth suggests pressures may be moderating. Lower energy prices could also help revive the disinflation trend and support possible Central Bank rate cuts later this year.

As price pressures build across the U.S., Europe, China, the UK, South Africa, and Nigeria, this episode examines the global inflation outlook, central bank decisions, oil price trends, geopolitical risks, and other key headlines shaping markets.

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Elon Musk’s rise to trillionaire status marks a new era of extraordinary wealth, rapid innovation, and deepening inequality. As SpaceX expands and AI ambitions accelerate, critics warn that global wealth gaps are widening, with Oxfam highlighting rising poverty alongside surging billionaire fortunes ahead of the June G7 meeting. Oxfam says the G7 risks becoming irrelevant if it ignores inequality, while protests intensify and Tesla showrooms in Geneva are targeted. 

Meanwhile, Trump says he has authorised the reopening of the Strait of Hormuz and the immediate removal of the US naval blockade following a completed agreement with Iran, set to be signed in Switzerland on June 19.

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Can China truly lift Africa—or will it reshape the continent? It can, but Africa’s choices will matter more. Veteran Africa Analyst Jonathan Offei-Ansah, Publisher and Founder Africa Briefing Magazine, says the winners in this game will be those with a strong entrepreneurial mindset, the ability to negotiate from strength, diversified partnerships, disciplined governance and a clear view of both the opportunities and risks—while fiercely protecting their interests.

Elon Musk’s SpaceX spikes over 30% in a historic Wall Street debut. Spacex opened at $150 a share on Nasdaq with Musk’s net worth now roughly $1.05trillion.

Pakistan’s Prime Minister says US and Iran have agreed to text of a US-Iran peace deal. Plus more business headlines. 

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On Wednesday, I attended the AFRICA Debate in London, where leaders including Ghana’s President Mahama and Nigeria’s Finance Minister discussed the future of development in Africa. Topics ranged from critical minerals and the energy transition to trade and investment. But how much of this is truly new? 

The Africa RED Index, presented by Arnold Ekpe, shows that real progress, beyond the talk, depends on infrastructure, finance, and effective execution. Professor Alim Abubakr also explains why Morocco and Egypt rank highest in structural readiness for development on the Index. This episode moves beyond the rhetoric to examine what Africa must do differently to achieve meaningful growth.

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Discover the key insights from EY Megatrends 2026 and the  main trends now reshaping business, technology, and leadership. From the rise of superfluid organizations and human-machine collaboration to talent disruption, migration shifts, and the global resource race —this episode details some of what leaders must do to stay ahead. Learn why trust, adaptability, and rethink of business norms have become essential in a non-linear world where change happens faster than ever before.

Could Africa’s informal economy be an overlooked key to reducing poverty across the continent? In this episode, we examine why Africa needs a new approach to a sector that employs over 80% of its workforce. Pierre Nguimkeu, Director of the Africa Growth Initiative and Senior Fellow in Global Economy and Development at Brookings, argues that compliance is often demanded from the informal sector before value is delivered.

We also explore how Nigeria can follow the path taken by China and other countries to reduce poverty, with more than 100 million Nigerians still living in poverty.

Former Prime Minister Tony Blair says the present UK leadership has no idea on what to do to revive the economy. All this as France economy contracts in Q1, a first since after the COVID Pandemic. Plus other global Business Headlines.

Senegal’s President Bassirou Faye, after suddenly removing his political patron Ousmane Sonko, has just appointed Mr. Al Aminou Lo as new Prime Minister. Amid IMF negotiations and desire to see more reforms, a hidden $7B debt discovery and efforts to stabilise the economy, Faye must also balance populist calls for economic nationalisation. 

Veteran Africa analyst, Publisher Africa Briefing Magazine,  Jon Offei-Ansah says this is a vital test for African democracies, where voters are calling for more economic sovereignty and there is need to go beyond protest politics to demonstrating capacity to lead in the more challenging economic context.  

Then we pivot to Nigeria where  Q1 2026 GDP growth cools to 3.89% as lower oil output and electricity supply weakened growth, not helped by a nation possibly more  focused on preparations for primaries and political campaigns.

Africa’s biggest IPO is coming. Dangote Refinery plans to list up to 10% of its equity, aiming to raise $2B–$5B. Strong demand, aggressive expansion plans, and multi-exchange listings have boosted market expectations and generated some excitement. Still, risks remain, including valuation, regulation, governance, and geopolitics. This episode looks at some key pros, cons, and what investors should watch before investing in what could be Africa’s most influential listing in a renaissance narrative.

Kevin Warsh is sworn in as 17th Federal  Reserve Chairman and other Business Headlines.