Oil prices hold above Nigeria’s $64.85 budget amid Middle East tensions
Global oil prices remained steady on Monday, maintaining levels above Nigeria’s 2026 budget benchmark of $64.85 per barrel, as ongoing […]
African Markets
Ghana cedi best-performing currency in Africa for 2025 – IMF
The Ghana cedi emerged as Africa’s best-performing currency in 2025, according to data from the International Monetary Fund (IMF) analysed
Nigeria’s booming stocks hit new highs—success with serious caveats
The Nigerian Stock Exchange (NGX) record-breaking run has shaken the country’s financial landscape, with market capitalization exceeding N100 trillion in
AfreximBank ends credit rating engagement with Fitch
The African Export-Import Bank (Afreximbank) has ended its credit rating relationship with Fitch Ratings, a decision that is expected to
Naira closes week at N1,421.9/$ despite global dollar weakness
The naira ended the trading week weaker at the official foreign exchange market, closing at N1,421.9 per dollar as domestic
Star Oil is leaving as a minority voice, not because it was sidelined – COMAC Boss
The Chairman of the Chamber of Oil Marketing Companies (COMAC) says Star Oil’s decision to suspend its membership was not
COPEC accuses industry of victimising Star Oil over fuel price stance
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has criticised what he describes as the unfair
IMF Africa Director praises Ghana’s gains in power access and living standards
The Director of the African Department at the International Monetary Fund (IMF), Abebe Aemro Selassie, has lauded Ghana for achieving
Star Oil suspends COMAC membership amid price floor dispute
Star Oil Limited has announced the immediate suspension of its membership of the Chamber of Oil Marketing Companies (COMAC), a
NCC licenses six new ISPs as competition intensifies with Starlink, MNOs
The Nigerian Communications Commission has licensed six new Internet Service Providers (ISPs) to operate in Nigeria, effective January 1, 2026,