Topic
crude oil
Nigeria Domestic Crude Supply: Local Refineries Got 127 Million Barrels in Nine Months, NUPRC Says
Nigeria domestic crude supply topped 127m barrels in January–September 2026, NUPRC said, as output hit 1.717m bpd and a crude swap plan went to consultation.
Brent Crude Tops $116, a Six-Month High: What It Means for Nigeria, Angola, Kenya and Africa's Oil Importers
Brent crude topped $116 a barrel on 23 October after Houthi attacks on Saudi Arabia. What the six-month high means for African exporters, importers and FX.
Brent at $110: Which African Economies Gain and Which Lose
Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.
Oil Falls More Than 5% This Week: What Lower Crude Prices Mean for African Economies
Brent crude fell more than 5% this week, creating contrasting consequences across Africa. Oil-producing economies face pressure on government revenues and foreign exchange, while importing countries could benefit from lower fuel and transport costs.
Dangote Refinery's $5bn IPO: The Crude Supply Problem Investors Are Watching
Dangote Refinery is targeting a landmark $5 billion IPO, potentially making it Africa's largest-ever stock market listing. But as investors assess the opportunity, the refinery's reliance on imported crude remains a critical issue for margins and valuation.
African Commodities Focus: Oil Falls, Gold Holds and Cocoa Surges
African commodity markets moved sharply in early August as Brent crude fell 5.26%, gold remained above $4,000 per ounce and cocoa surged 9.44%. The contrasting moves highlight the growing importance of commodity prices for African exports, currencies and fiscal revenues
Brent Crude at $60: How African Oil Exporters Are Adjusting to a Lower-Price World
The World Bank projects Brent to average $60 per barrel in 2026 — down from $68 in 2025. For Nigeria, Angola and Cameroon, the budget arithmetic is changing.