The IMF has warned that rising transport costs are deepening Nigeria’s cost-of-living crisis, driving food inflation higher and increasing pressure on already stretched households.
Dangote Group plans to sell a 10 per cent stake in its $20 billion refinery through a Pan-African IPO, a move expected to deepen capital markets and expand African industrial investment.
President Bola Ahmed Tinubu has congratulated Benin Republic’s President-elect Romuald Wadagni, pledging stronger bilateral ties, regional security cooperation, and shared economic growth.
A major power outage affecting Oji River, Achi, and surrounding communities has been traced to a breaker fault at a transmission station, disrupting electricity supply across multiple areas.