Sub-Saharan African economies have demonstrated remarkable resilience in the face of repeated global shocks, according to Abebe Aemro Selassie, Director of the African Department at the IMF.
US President Donald Trump announced Thursday that Israel and Lebanon had agreed to a 10-day ceasefire, a truce that could boost attempts to extend the ceasefire between Iran, the United States and Israel after weeks of devastating war.
[Daily Trust] The Nigerian National Petroleum Company Limited and its partners operating in the upstream industry have continued to miss the 1.5 million oil production quota given to the county by the Organisation of Petroleum Exporting Countries (OPEC) in the last eight months, Daily Trust reports.
[Vanguard] Importation of premium motor spirit (PMS), also known as petrol, by oil marketers rose by 96.6 per cent in March 2026 to 5.9 million litres per day, up from 3.0 million litres in February, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
[Vanguard] The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria's crude oil output, excluding condensate, rose to 1.38 million barrels per day (bpd) in March 2026, up from 1.31 million bpd recorded in February.
[Vanguard] Importation of Premium Motor Spirit (PMS), also known as petrol, surged by 96.6 per cent in March 2026 to 5.9 million litres per day, up from 3.0 million litres recorded in February, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
South African opposition party leader Julius Malema was sentenced to five years in prison on Thursday after he was convicted of breaking firearm laws by firing a rifle at a political rally in 2018.
Territorial Administration Minister Emile Zerbo said the latest dissolutions are part of efforts to enforce that law. He urged affected groups to comply with the regulations, warning that “any offender faces the penalties provided for under current regulations.”
[Capital FM] Nairobi -- The National Assembly has approved the Value Added Tax (Amendment) Bill, 2026, lowering VAT on petroleum products from 16 percent to 8 percent for a period of three months, in a move lawmakers say is aimed at cushioning Kenyans against rising fuel prices.
Iran on Wednesday dismissed reports of an agreement with the United States to extend the temporary ceasefire between the two countries, with Foreign Ministry spokesperson Esmail Baghaei stressing that negotiations remain unresolved.
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