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Africa's T+1 transition: Readiness must come before speed

African Business • 17 Apr 2026, 06:03

As global markets accelerate settlement cycles; African exchanges face mounting pressure to follow. Yet the real challenge is not speed but preparedness, ensuring that shorter cycles reduce risk rather than expose operational weaknesses.

Rising costs: IMF warns of tough times for Nigerians

Vanguard Nigeria • 17 Apr 2026, 04:18

The International Monetary Fund, IMF, has warned that Nigerians may face tougher economic conditions in the near term as rising food and transportation costs continue to squeeze household incomes amid lingering global shocks. The post Rising costs: IMF warns of tough times for Nigerians appeared first on Vanguard News.

‘I Was a Rubber Stamp, Not Decision Maker,’ Diezani tells UK Court

Premium Times Nigeria • 16 Apr 2026, 22:29

The former minister told the UK court on Wednesday that decisions on contracts were processed through multiple agencies before reaching her desk. The post ‘I Was a Rubber Stamp, Not Decision Maker,’ Diezani tells UK Court appeared first on Premium Times Nigeria.

Hunt on for PIC’s lost billions

Mail & Guardian • 16 Apr 2026, 22:15

Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals

State capture still stinging SOEs

Mail & Guardian • 16 Apr 2026, 22:00

Transnet and Prasa face financial, operational and governance challenges despite recovery efforts

Europe has 'maybe 6 weeks of jet fuel left,' energy agency head reveals

Africanews EN • 16 Apr 2026, 20:44

The consequences are already being felt through rising energy costs, with Birol warning of “two big problems”: soaring prices and dwindling availability of key petroleum products.

Centuries-old Gabonese animist tradition to protect the coastline

Africanews EN • 16 Apr 2026, 20:42

Worshippers presented offerings to the spirits of the sea off the coast of Pointe-Denis on Sunday.

"Sub-Saharan Africa resilient, despite mounting global shocks" - Abebe Selassie

Africanews EN • 16 Apr 2026, 20:23

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.

Nigerian airlines plan shutdown over soaring fuel costs

Africanews EN • 16 Apr 2026, 19:49

Nigerian airlines plan shutdown over soaring fuel costs

MTN Nigeria suspends airtime, data credit services over FCCPC regulation

Premium Times Nigeria • 16 Apr 2026, 19:24

In its statement on the “Xtratime” suspension, MTN implored its customers to access alternative digital channels for airtime and data purchases pending the time it meets the regulatory requirements. The post MTN Nigeria suspends airtime, data credit services over FCCPC regulation appeared first on Premium Times Nigeria.

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