Stay ahead with curated market intelligence

Peru saw hundreds of protesters gather outside the Electoral Tribunal in Lima on Tuesday 15 April 2026, demanding a rerun of the presidential election after voting disruptions delayed the process.

•Says high borrowing costs choking developing economies  •Urges Central Banks to balance monetary policy  •Says Developing countries pay more in debt than they receive  By Babajide Komolafe, Economy Editor Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun has warned against a return to subsidy regimes despite mounting global shocks, as he raised […] The post Global Shocks: Edun warns against subsidy return, seeks cheaper financing appeared first on Vanguard News.

•Cites, higher fuel, fertiliser prices, increased shipping costs By Babajide Komolafe, Economy Editor The International Monetary Fund (IMF) has lowered its growth forecast for Nigeria’s economic growth to 4.1 percent in 2026,  citing higher fuel, fertilizer prices and increased shipping costs triggered by the impact of the ongoing Middle East crisis.  The latest forecast for Nigeria […] The post MIDDLE EAST CRISIS: IMF cuts growth forecast for Nigeria’s economy to 4.1%  appeared first on Vanguard News.

By Mather Godwin  The Federal Government incurred a subsidy obligation of N418.79 billion in the fourth quarter of 2025, Q4’25 according to   data from the Nigerian Electricity Regulatory Commission, NERC). The electricity market regulator in its Q4’25 Quarterly report, noted that total amount invoiced by the GenCos for energy delivered to each DisCo and the Differential […] The post FG incurs N418bn power subsidy appeared first on Vanguard News.

Pope Leo XIV celebrates Mass at Annaba’s Basilica of Saint Augustine, highlighting Algeria’s small Catholic community during his symbolic visit.

By Udeme Akpan, Energy Editor The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria’s crude oil output, excluding condensate, rose to 1.38 million barrels per day (bpd) in March 2026, up from 1.31 million bpd recorded in February. In its March 2026 Monthly Oil Market Report (MOMR), OPEC stated that the figures were […] The post Nigeria misses OPEC quota, produces 1.38m bpd  appeared first on Vanguard News.

By Obas Esiedesa Importation of premium motor spirit (PMS), also known as petrol, by oil marketers rose by 96.6 per cent in March 2026 to 5.9 million litres per day, up from 3.0 million litres   in February, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). However, the Authority, in its monthly fact sheet […] The post Daily petrol imports rise 96.6% to 5.9m litres  — NMDPRA appeared first on Vanguard News.

•Begins AI-driven training on revenue, others By Providence Ayanfeoluwa The Nigeria Customs service, NCS has commenced a capacity-building programme on Artificial Intelligence, AI-driven revenue generation, remittances and reconciliation as part of efforts to enhance transparency and efficiency in public financial management. Speaking at the event held in Abuja, Comptroller-General of Customs, Adewale Adeniyi, said the Service […] The post Customs pledges transparency,  innovative technologies appeared first on Vanguard News.

After two days in Algeria and then four in Cameroon, Pope Leo XIV will continue his African tour with a stop in Angola from April 18 to 20.

A Burundian court partially acquitted journalist Sandra Muhoza on Monday after nearly two years behind bars.