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Pretoria summoned the new US ambassador Wednesday to explain "undiplomatic remarks" about South African racial policies and court decisions, the foreign minister said.

Senegal's parliament on Wednesday passed legislation doubling the maximum penalty for same-sex relations, making them punishable by up to 10 years in prison amid a crackdown on the country's gay community

Africa's intra-continental trade is expanding, but a shortage of supply-chain finance continues to constrain growth. Strengthening digital trade platforms and transaction-based lending could unlock significant opportunities for investors seeking exposure to the continent's growing trade flows.

Africa's largest bank by assets reported headline earnings of R49.2bn for 2025 and a return on equity of 19.3%, meeting the ambitious targets it set four years ago. With digital growth accelerating and sustainable finance expanding rapidly, the group says it is well positioned for the next phase of continental growth.

By Jimoh Babatunde Nigeria may be losing as much as 50 per cent of the food produced in Lagos before it reaches consumers, a development stakeholders say highlights the urgent need for large-scale commercial farming to address the country’s growing food crisis. The disclosure was made in Lagos during the unveiling of a corporate farming initiative […] The post Nigeria loses 50% of food to waste as stakeholders push large-scale farming appeared first on Vanguard News.

By Godwin Oritse Shipping companies, freight forwarders and other port users have raised concerns over the potential impact of the ongoing crisis in the Middle East on cargo throughput into Nigerian ports. They warned that the situation could also worsen Nigeria’s inflation if the conflict in the region persists. Speaking with Vanguard on the development, Chairman […] The post Middle East Crisis: Nigeria, West Africa risk losing shipping lines to European markets appeared first on Vanguard News.

Attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel on Thursday, as American and Israeli strikes pounded Iran with no sign of an end to the war in sight

By Elizabeth Adegbesan The Federal Government’s spending on debt service payments fell year-on-year (YoY) by 38.5 percent to $405.3 million in January 2026 from N659.7 million in the corresponding period of 2025. Analysis of data contained in the Central Bank of Nigeria’s, CBN, International Payment report showed that the downward trend also reflected in the federal […] The post FG’s spending on domestic debt service falls 38% to $405.3m appeared first on Vanguard News.

By Cynthia Alo The Group Managing Director of Access Bank Plc, Mr.Roosevelt Ogbonna, has called on African policymakers, financiers and businesses to deepen collaboration in order to accelerate intra-African trade and unlock the continent’s economic potentials. Ogbonna made the call yesterday while welcoming participants to the Africa Trade Conference (ATC) 2026 in Cape Town, South Africa, […] The post Africa must deepen intra-continental trade to unlock prosperity — Access Bank GMD appeared first on Vanguard News.

•Urges operators of factories abroad to consider local manufacturing By Yinka Kolawole The Minister of Industry, Trade and Investment, Jumoke Oduwole, has said traders operating within the Lagos International Trade Fair Complex corridor contribute billions of naira to Nigeria’s Gross Domestic Product (GDP), describing the axis as one of the most vibrant commercial hubs in West […] The post Lagos Trade Fair traders contribute billions to Nigeria’s GDP — Minister appeared first on Vanguard News.