Forex traders blame fiscal indiscipline, budget overlap as naira volatility worsens
Forex traders have attributed the worsening volatility of the naira at the parallel market to fiscal indiscipline and overlapping budget […]
April 22, 2026
Maersk halts container shipments, shaking vital Horn of Africa trade route
A.P. Moller–Maersk, one of the world’s largest container shipping companies, has temporarily stopped accepting new bookings to and from Somaliland’s
Africa’s richest country secures €100m loan from France for struggling urban areas
Advanced talks are underway between France and South Africa over a potential loan aimed at supporting the country’s struggling urban
Trump extends ceasefire with Iran indefinitely at Pakistan’s request to allow for diplomatic efforts
Trump says the indefinite extension was granted following a request from Pakistan’s prime minister and top military official, as Islamabad
Saudi Arabia seeks to halt Pakistan’s $5.5bn arms deals with two African states amid strategic shift
Saudi Arabia has reportedly urged Pakistan to suspend a $1.5 billion arms agreement with Sudan and to reassess another $4
Cabinet approves visa waiver agreements with Zambia, Maldives and Antigua and Barbuda
The government of Ghana has approved new visa waiver agreements with Antigua and Barbuda, the Maldives and Zambia as part
Foreign ministers of Russia and Libya engage in talks in Moscow
Moscow has signaled its willingness to support Libya in efforts to “restore unity and national reconciliation,” according to Russian Foreign
Iran ceasefire extended by Trump as blockade continues
A fragile ceasefire between the United States and Iran has been extended by Donald Trump, who said the move followed
Russia strengthens Sahel military presence through Guinea route
Moscow is ramping up its military supply operations in West Africa, with Guinea’s port of Conakry serving as a central
Dangote advances toward energy independence after initial crude production
Dangote Group has made a notable move into upstream oil, with initial crude output already flowing from its Niger Delta