Eurozone inflation jumps to 2.5% in March

Eurozone inflation jumped to 2.5% in March, as the conflict in the Middle East pushed up oil and gas prices ahead of target. It comes as a stark rise against a rate of 1.9% in February, but below expectations of 2.6%.

Energy costs are expected to have risen by 4.9% during the month, according to a flash estimate from Eurostat on Tuesday, compared with a 3.1% fall in February.

When stripping out energy, inflation fell slightly from 2.4% in February to 2.3% in March, Eurostat said.

By LaToya Harding

Full story at Yahoo News.

Stocks surge to N140trn as global investors pile back into Nigeria

The Nigerian stock market is currently charging toward a historic N140 trillion valuation, catalysed by a massive buy signal from the international investment community. This bullish momentum follows the pivotal April 7 announcement of Nigeria’s reclassification from “unclassified” back to Frontier Market status, a move that has already seen equities market capitalisation surge by approximately N10 trillion.

As of Friday, April 17, the market’s primary performance indicators reflect this aggressive growth. The All Share Index (ASI) and total market capitalisation, which stood at 202,584.88 points and N130.4 trillion on April 8, have climbed to 217,167.57 points and N139.826 trillion, respectively. This rally is underpinned by a remarkable streak of eight consecutive days of positive closes, signalling a renewed and robust confidence in Nigeria’s evolving financial landscape.

By Iheanyi Nwachukwu

Full story at Business Day

South Africans spend R1.475 trillion in March, but rising fuel costs threaten economic outlook

After South Africans spent R1.475 trillion in March, an indication of an improvement in economic activity, there are dark clouds ahead as higher fuel costs will spill over into everyday essentials.

This is according to the latest PayInc Economic Index, which showed that the nominal value – which includes inflationary effects – of electronic transactions rose from R1.326 trillion in February to R1.475 trillion in March.

The volume of transactions also increased sharply, reaching 195.5 million in March, up 13.4% year-on-year.

By Nicola Mawson

Full story at IOL

Oil revenue rose to N2.68 trillion as February output dipped: NNPC

The NNPC attributed the production dip to the Trans Forcados pipeline outage and other maintenance and management issues.

Despite a dip in crude oil and condensate output to an average of 1.51 million barrels per day (mbpd) in February, the Nigerian National Petroleum Company Limited (NNPC) said it grew its revenue to N2.68 trillion, up from N2.57 trillion in January

The NNPC said it also remitted N1.804 trillion to the federation account in February.

Full story at Gazette NG

By News Agency of Nigeria

How Nigerian economy is surviving economic shocks triggered by US-Iran conflict – FG

NIGERIA’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s economy is surviving the economic shocks triggered by the US-Israel-Iran conflict.

A statement on Monday, April 13, by Special Adviser on Media and Communications to the Minister, Ogho Okiti, said the global economic shock had impacted the “government’s economic reform plans for wealth creation and lifting millions out of poverty.”

Edun emphasised that Nigeria was not insulated, but more resilient, citing some reforms such as the crude-for-naira policy and increased oil production as supportive and economically impacting policies.

By Harrison EDEH

Full story at ICIR Nigeria

Book Sales - Birthday Commemoration (Olagunju Success Taiwo).

This is to inform the general public and avid book readers communities across the globe that as a way of commemorating his birthday; Unicorn Media & Communications, a subsidiary of Unicorn Conglomerate (Pty) Limited and Olagunju Success Taiwo, have announced that all his titles both on Google Play Books and Amazon platforms are now offered for sale at half-prices.

From 6th April 2026 to 30th of April 2026 (3 weeks promotion), all interested candidates can go to Google Play Books to purchase any of the author's titles for half-prices as he celebrates his 45th birthday and 10 years of his journey into book writing and self-publication.

And on Amazon - the promotion will run from 6th April to 13th April 2026 (a week promotion).

And before the 21st of April 2026, which is the birthday of the author, a planned event to mark his birthday will be announced.

Go out there and celebrate the author of conscience of minds!

To buy now click on any of these links below:

Google: Olagunju Success Taiwo – Books on Google Play

Amazon: Amazon.com : Olagunju Success Taiwo

By Unicorn Media & Communications.

China's zero-tariff policy seen boosting China-South Africa agricultural trade

China's decision to implement zero-tariff treatment on 100% of tariff lines for imports from African countries with which it has diplomatic relations is expected to create new opportunities for agricultural trade between South Africa and China, a government official said.

Speaking to Xinhua on the sidelines of the ongoing International Poultry and Livestock Exhibition Africa (IPLEX), Vuyiswa Ramokgopa, Gauteng's member of the Executive Council for Agriculture and Rural Development, said the policy could help expand Africa's agricultural exports to the Chinese market.

"We welcome China's announcement to implement zero-tariff treatment on 100% of tariff lines for imports. This decision presents a significant opportunity for Africa, and for South Africa in particular, to expand exports and unlock new growth in key sectors such as agriculture," Ramokgopa said.

By Xinhua

Full story at IOL