Residents in Nigeria's Bayelsa state have reported smoke and the sound of explosions near a major oil and gas facility. A spokesperson for Shell said they were investigating.

Fuel queues are gradually easing off in major cities like Lagos. However, Major marketers are demanding increased supply from the Nigerian National Petroleum Company as depots stock drops. Temitope Kolade, Senior Manager, Oil, Gas and Power Unit at Andersen Nigeria joins CNBC Africa for more.

US President Joe Biden has announced a raft of new tariffs on some 18 billion dollars’ worth of Chinese goods, including quadrupling the border tax on electric cars. The White House says the measures are carefully targeted at strategic sectors to protect American companies from unfair trade practices. Beijing has strongly criticised the move. Plus, a new version of ChatGPT is out ... and it's more human than ever. And Google is also revamping its search engine with artificial intelligence.

Another showdown in the country that launched the so-called coloured revolutions. Georgia’s parliament has shrugged off some of the biggest protests in its post-Soviet history by approving a “foreign agents” bill that mirrors legislation in neighbouring Russia. The opposition argues it is the way for the government to curb media freedom and dissent in a country which only recently graduated to EU candidate status.

France has declared a state of emergency in its overseas territory of New Caledonia. Violence over a planned constitutional reform is threatening its already struggling economy. Plus, Boeing may face the criminal prosecution it had avoided back in 2021, with the US Justice Department accusing the planemaker of violating the terms of the deferred prosecution deal.

The naira recorded its first appreciation against the dollar at the official foreign exchange market after weeks of depreciation. Analysts say the decline is due to decline in dollar liquidity in the official market. Dipo Ajayi, the Head, Fixed Income and FX at Chapel Hill Denham Securities, joins CNBC Africa for this discussion.