Fuel prices in Zimbabwe have surged to record highs, sending shockwaves through the local economy and rippling across regional supply chains. The sudden increase, driven by a volatile currency and …
Nairobi has emerged as the leading voice advocating for a unified visa-free and open-skies policy across the African continent, arguing that fragmented travel rules are stifling economic potential.…
Nigeria's Access Bank has been instructed by the Central Bank of Nigeria (CBN) to reduce its foreign currency holdings significantly. This directive, which was issued on 2 October 2023, is a part o…
President Bola Tinubu has launched an aggressive campaign to woo global capital in Paris, signaling a decisive shift in Nigeria’s economic diplomacy. The Nigerian leader engaged directly with insti…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that domestic refineries processed merely 28.5 million barrels of crude oil in the first quarter of the year, falling sha…
United Bank for Africa has joined forces with Redtech and MoMo Payment Service Bank to drastically expand cardless payment access across Nigeria. This strategic tripartite alliance directly targets…
Dangote Cement Plc has reported a 71.6% surge in exports, driven by a total production capacity that now stands at 55 million tonnes annually. This growth signals a robust recovery in Nigeria’s ind…
Global food security faces an immediate threat as geopolitical tensions in the Middle East escalate into a potential supply chain nightmare for African agriculture. Yara, the world's largest fertil…
Donald Trump has delivered a decisive blow to global energy costs, forcing oil prices down despite escalating geopolitical friction with Iran. The President’s aggressive market intervention signals…
Brazil has formally offered to supply jet fuel to Portugal to stabilize the Iberian nation’s aviation sector. This strategic move by President Lula’s administration signals a shift in South America…
Vladimir Putin’s dismissal of President Volodymyr Zelensky’s latest ceasefire proposal has sent shockwaves through global financial markets, signaling that the war in Eastern Europe is far from ove…
Gold prices face immediate pressure on May 5, 2026, as surging oil costs erode the yellow metal’s appeal. This dynamic creates a critical juncture for global investors and South African markets ali…
