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Nigeria braces for fuel price surge as Brent crude tests $126

Nigeria braces for fuel price surge as Brent crude tests $126

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…Ex-depot price of diesel hits N1800/litre The global oil price has soared above $126 a barrel, its highest level since 2022, sending immediate shockwaves through Nigeria’s downstream sector. The rally, fueled by escalating geopolitical tensions in the Middle East, has already triggered a spike in local prices, with the Dangote Refinery hiking diesel rates and […]

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As Kenya braces for Iran war fallout, CBK forex reserves hit Sh1.82t

As Kenya braces for Iran war fallout, CBK forex reserves hit Sh1.82t

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Home Business Kenya’s forex reserves hit a record high as global oil shocks loom. [File Courtesy] The Central Bank of Kenya (CBK) has disclosed that the country’s foreign exchange reserves stand at a record $14.02 billion (Sh1.82 trillion), providing six months of import cover as the escalating Iran war threatens to unleash a fresh wave

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Israel braces for possible ‘all-out’ war against Hezbollah, Iran proxies

Israel braces for possible ‘all-out’ war against Hezbollah, Iran proxies

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This is just a taste of what you are missing if you are not subscribed to Al-Monitor this week: Ben Caspit has the scoop on Israel’s plans to confront Iran’s “belt of fire.” US Senator Chris Van Hollen’s demands for Israeli accountability for the death of a Turkish American in the West Bank, in Elizabeth

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