The South African rand trades flat on Wednesday after the country reported 0.5% gross domestic product (GDP) growth in the first quarter of 2026.

Global equities markets ease on AI, technology stock valuation concerns, and renewed Middle East escalation, which dampened investors’ appetite.

Fitch Ratings has affirmed Infrastructure Credit Guarantee Company PLC’s (InfraCredit) Insurer Financial Strength (IFS) Rating at ‘BB-‘ and National IFS Rating at ‘AAA(nga)’.

Minister of Works, Dave Umahi, has issued a 72-hour ultimatum to contractors handling the Abuja-Lokoja road to fully mobilise to site and utilise funds already released by the Federal Government.

TikTok says it removed more than four million videos and interrupted over 86,000 LIVE sessions in Nigeria in the fourth quarter of 2025 as part of efforts to strengthen safety and integrity on the platform.

Moody’s Ratings has today affirmed Bank of Industry Limited’s (BOI) long-term issuer ratings and long-term corporate family rating at B3.