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The Cocoa and Coffee Farmers Alliance Association of Africa has revealed that the continent captures less than 10 per cent of the estimated 120 billion global chocolate market, even though African farmers produce approximately 70 per cent of the world’s cocoa beans. The disclosure underscores persistent structural inequities in the global cocoa value chain,…
CAF president Patrice Motsepe arrived in Dakar on Wednesday for meetings that carry considerably more diplomatic weight than the official agenda suggests, as the continent’s football governing body navigates one of its most contentious decisions in recent memory. CAF confirmed in a statement on Tuesday that Motsepe would visit Senegal on Wednesday, April 8,…
Dangote Refinery has reversed its recent fuel price adjustment, reducing the ex-gantry price of Premium Motor Spirit by ₦75 to ₦1,200 per litre, industry sources confirmed on Wednesday. The reduction comes weeks after the facility raised petrol prices to approximately ₦1,275 per litre, citing volatility in international oil markets that had elevated supply costs….
Global renewable energy capacity reached an unprecedented 5,149 gigawatts in 2025, marking a watershed moment in the worldwide transition away from fossil fuel dependence. The International Renewable Energy Agency disclosed the figures in its Renewable Capacity Statistics 2026 report, which documents the addition of 692 GW during the year and positions renewables as the dominant…
The Nigerian DJ Association has announced an immediate boycott of music by Grammy-winning Afrobeats artist Burna Boy, following reports of a physical confrontation between the singer and prominent disc jockey DJ Tunez at a Lagos nightlife venue. The decision marks a rare instance of collective industry action against a major Nigerian artist and has intensified…
British Prime Minister Keir Starmer will travel to the Gulf region on Wednesday for high-level consultations aimed at consolidating a fragile ceasefire in the Middle East and securing the strategic Strait of Hormuz, Downing Street announced. The diplomatic mission follows the overnight confirmation of a ceasefire agreement in the prolonged conflict that has destabilised…
The Nigerian Naira opened trading on Wednesday, April 8, 2026, with modest appreciation against the United States Dollar at the Nigerian Foreign Exchange Market, even as the parallel market continued to trade at a significant premium. The divergence between official and unofficial exchange rates highlights persistent structural pressures within the domestic foreign exchange ecosystem….
US President Donald Trump agreed Tuesday to suspend military attacks against Iran for two weeks, pulling back from threats to destroy Iranian “civilization” just hours before his self-imposed deadline expired. The conditional ceasefire, announced via social media, hinges on Tehran’s commitment to reopen the Strait of Hormuz for safe international shipping . “Subject to…
The African Democratic Congress has declared its determination to participate in the 2027 general election on its own platform, defying the Independent National Electoral Commission’s decision to derecognise its leadership. The declaration comes amid a protracted leadership crisis that has tested the party’s institutional resilience and raised questions about the regulatory framework governing political…
The leadership crisis within the African Democratic Congress has deepened further with the emergence of a third faction led by Abia State Chairman Don Norman Obinna, rejecting both the Senator David Mark-led coalition and the group associated with Nafiu Bala. The development comes days after the Independent National Electoral Commission delisted the Mark…
