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FILE: At least 75 ships with two and a half million tonnes of fuel are waiting for importers in Africa’s biggest economy to find the dollars they need to pay for the cargoes, according to ship tracking data and fuel traders. Picture: AFP.

Oil sanctions

Nigerians brace for more fuel queues

By Reuters

Nigeria's government has raised the petrol price by 67%officially endorsing importers to use the black market.

  • FILE:The import ban comes after President Vladimir Putin ordered retaliation for Western sanctions against Moscow. Picture: AFP.

    Russia escalates economic battle

    An import ban on food comes after Vladimir Putin ordered retaliation for Western sanctions against Moscow.

    2849 days ago
  • FILE: US President Barack Obama and Germany’s Chancellor Angela Merkel. Picture: AFP.

    More sanctions imposed on Russia

    The EU and US announced fresh sanctions against Russia.

    2857 days ago
  • A handout picture released by UNAMID shows Aisha Abdala, a displaced woman from Katila, South Darfur, cooking next to her shelter at the al-Sereif camp for Internally Displaced Persons. Picture: AFP

    Food prices soar in Sudan

    Sudan’s annual inflation rate rose to 41.2 percent in May, reflecting a 3.9 percent monthly rise.

    2908 days ago
  • US President Barack Obama. Picture: AFP.

    Obama tackles critics on Iran deal

    Top Republicans - as well as US ally Israel - have criticised Obama for agreeing to the deal.

    3103 days ago
  • US Secretary of State John Kerry. Picture: AFP.

    Diplomats progress with Iran nuclear talks

    A US official says the EU-Iranian talks focused on the details of the negotiations.

    3107 days ago
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