Nigeria’s petrol prices jump 65% to become Africa’s highest, exposing the limits of the Dangote Refinery and leaving households to bear the cost of global oil volatility.
Nigeria’s Fuel Prices Surge 65 Percent — and Africa’s Largest Refinery Can’t Prevent It Read More »
A new economic report has sounded a stark alarm for Africa: the continent faces the risk of a sharper-than-expected growth slowdown in 2026 if the ongoing Middle East conflict — centred on Iran-Israel-US tensions — continues to escalate. The warning comes as global energy markets remain on edge, with the Strait of Hormuz effectively disrupted
Africa Faces Sharp Economic Slowdown as Middle East War Drags On, Report Warns Read More »
Revolutionary CRISPR-based sickle cell therapies are raising unprecedented hope across Africa — the continent that carries 85 percent of the global disease burden — even as the $2.2 million price tag places cures forever out of reach for most patients.
Nigeria’s Dangote Refinery has slashed fuel prices below import costs, triggering a standoff with established fuel marketers and renewing debate over market dominance in Africa’s largest crude oil producer.
Dangote Refinery Slashes Fuel Prices, Triggering Standoff With Nigeria’s Fuel Importers Read More »
Global oil prices have surged to their highest levels since 2008 following Iran’s attacks on Saudi energy infrastructure, sending shockwaves through African economies that rely heavily on imported petroleum.
Iran War Sends Global Oil Prices to 18-Year Highs, Shaking African Import Economies Read More »
Nigeria’s Central Bank has ordered banks to raise capital by March 2026. Here’s what the banking recapitalisation means for Nigeria’s economy and consumers.
Nigeria’s Banking Recapitalisation: A Strategic Redesign or a High-Stakes Gamble? Read More »
