Emerging Markets

Lula Presses Brazil’s Senate on the Critical Minerals Bill

Brazil's Senate has sat on a critical minerals law since May. Lula met congressional leaders on August 26 and got it onto the agen…

Brazil’s Poorest Households Carry Record Debt Into a Weaker 2027

Record borrowing among low-income families is the weak point in the country's consumer story. Forecasters now see growth easing in…

IMF Renews Chile’s Credit Line With a US$11.8 Billion Backstop

The IMF has approved a new two-year Flexible Credit Line for Chile worth about US$11.8 billion. Chile's IMF credit line is precaut…

Ghana’s Petrosol Bond Is 1.8 Times Oversubscribed as Bids Reach GH¢178m (US$15.9m)

A Ghana corporate bond from fuel retailer Petrosol closed 178 percent subscribed, drawing GH¢178.07m (US$15.9m) of bids against a …

NFF President Ibrahim Gusau resigns amid corruption allegations

Nigeria Football Federation (NFF) President Ibrahim Gusau and other members of the federation’s executive board have reportedly re…

Zanzibar Starts Spending a US$3.1 Billion Health Promise With Washington

The five-year memorandum is worth about 8.2 trillion shillings. Zanzibar now has to turn it into laboratories, staff and systems t…

Tinubu tells NLNG to unlock value as Nigeria flares 203.9 billion scf of gas

President Bola Tinubu has charged the management of Nigeria Liquefied Natural Gas (NLNG) to turn the nation’s gas reserves into ec…

Nairametrics · 2d ago · Nigeria

Nigeria, Thailand deepen relationship in technology, agriculture, renewable energy

…As Shettima demands review of bilateral relationship at strategic level Nigeria and Thailand have committed to deepen relat…

Congo Signs the Lobito Corridor Rail Concession With Mota-Engil

Kinshasa has signed away 30 years of the Dilolo-Sakania railway for an indicative US$1.258 billion, a 7.5 percent royalty and a se…

Banxico Lifts Mexico Growth Forecast, Says Investment Grade Holds

Banco de México raised its 2026 growth forecast to 1.5% on 26 August. The same quarterly report says the Mexico investment grade s…

Venezuela’s New Power Rationing Round Slows Factories and Daily Life

Industry lost 44 percent of its working hours to power failures in the second quarter. The new electricity rationing in Venezuela …

Colombia’s Fiscal Rule Return Ruled Out in the Near Term

Colombia's fiscal rule will not be restored soon, the technical deputy finance minister said this week. The ministry is preparing …

Nigerians pay N7.78 billion ransom as kidnappings surge 66%

Nigerians paid at least N7.78 billion in ransom to kidnappers between July 2025 and June 2026, as the number of people abducted ac…

Nairametrics · 2d ago · Nigeria

Dangote Refinery threatens petrol exports as imports hit 43%

The Dangote Petroleum Refinery has warned that it may increase petrol exports as rising imports create uncertainty over domestic d…

Global Gas gets Supreme Court nod to reopen key issues in Shell dispute

The Supreme Court has granted leave to Global Gas and Refining Limited to raise “fresh issues” in its amended appeal in its long-r…

Nairametrics · 2d ago · Nigeria

Argentina Central Bank Charter Clears Deputies, Moves to Senate

Argentina's Chamber of Deputies approved the government's central bank charter reform on 26 August, banning money creation to fund…

Nigeria–Türkiye defence engagement opens new chapter for local industry — DIAN

…Calls for speed, investment, technology transfer to turn defence ties into jobs, industrial capacity The Defence Industries Assoc…

CBZ Puts US$100 Million Into a Highway, Repaid by Tolls

CBZ has committed US$100m to the Harare-Chirundu highway, with repayment ring-fenced against toll collections rather than the budg…

A Hundred Days In, Congo’s Ebola Outbreak Is Still Getting Bigger

The Bundibugyo outbreak has reached 5,656 confirmed cases and 2,715 deaths, and is now spreading through 58 of the country's healt…

Nairobi’s Small Importers Say a New Customs Floor Will Finish Them

Kenya raised the minimum customs value for a consolidated 40-foot container from Sh2.5m to Sh3.2m. Traders plan to shut shop on Fr…

A Council That Didn’t Exist Got N1.3 Billion in Nigeria’s Budget

Nigeria's anti-corruption commission found the Budget Office admitted a body with no establishment instrument into the 2026 approp…

A valid share sale is incomplete without execution of the share transfer instrument and registration of the transferee

    BINEZ HOTELS LIMITED v. BUREAU OF PUBLIC ENTERPRISES & ANOR SUPREME COURT (OGUNWUMIJU; JAURO; SANKEY; OGBUINYA; …

Mozambique Clears the Last Step Before Opening a Development Bank

The Council of Ministers approved the rules that operationalise the Banco de Desenvolvimento de Mocambique, capitalised at 32 bill…

Malawi’s State Oil Company Wired US$403,605 to a Stranger

A forged email changed the bank details on a fuel-handling invoice. NOCMA paid, and only found out weeks later when the real suppl…