African markets and business updates

The General Assembly of the Commonwealth Parliamentary Association (CPA) adopted constitutional amendments on Thursday, marking a historic step in the Association's transition from a charity registered under United Kingdom law to an international inter-parliamentary organisation. The Assembly convened during the 69th Commonwealth Parliamentary Conference in Cape Town. This decision represents the culmination of a process pursued by CPA Branches over several decades, with the CPA Africa Region consistently advocating for a legal status that more accurately reflects the Association's international membership and activities.…

The aircraft went down near wind turbines in Kipeto, a hilly area of Kajiado County southwest of Nairobi, according to Kajiado West police commander Maureen Kuto. Neither victim was immediately identified.

Nigeria’s gas export earnings rose 4.2% year-on-year to $6.22 billion in the first half of 2026, up from $5.97 billion in the same period in 2025.

The appointment, the company said, reinforces Access Bank’s commitment to strong governance, prudent risk management and sustainable stakeholder value.

The conversation about compressed natural gas is not new in Nigeria. For years, governments and private operators explored its potential. We knew the technology, possessed the gas and understood that it offered a cheaper and cleaner alternative to petrol and diesel. What was missing was the political will to make CNG a serious national priority. […]

Nigeria's government suspended a civil defence commander as President Bola Tinubu ordered a "thorough", "urgent and "full and transparent investigation" over Thursday's deaths.

Nigeria’s refined petroleum product exports rose to $3.94 billion in the second quarter of 2026, up 148% from $1.59 billion recorded in the corresponding period of 2025, as the country’s refining sector continued to expand.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet approved work commitments, as it moves to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act (PIA) 2021.

Warren Buffett has stepped down as chairman of Berkshire Hathaway, ending a six-decade run at the helm of the $1 trillion conglomerate.

Mishap leaves liberation party unable to field representatives in politically strategic seats ahead of November 4 polls