Mukisa Peter Benjamin

Oil prices rose about 1 percent on Wednesday as U.S.-Israeli strikes on Iran disrupted Middle East supplies. The pace of gains slowed from past sessions after President Donald Trump suggested the US

Nigeria’s net foreign-exchange reserves jumped to $34.8 billion by the end of 2025, up sharply from $3.99 billion two years earlier. Central Bank Governor Olayemi Cardoso announced the figures, citing stronger external

Nigeria’s central bank delivered a smaller-than-expected 50 basis point interest rate cut on Tuesday. The Monetary Policy Committee stated that risks to the outlook remained balanced and expected inflation to slow further.

South Africa’s government announced in its annual budget on Wednesday that it would propose a principles-led fiscal anchor later this year. The approach will favor guiding principles rather than a numerical target.