Former President Olusegun Obasanjo criticises Tinubu’s economic reforms at the 2026 FT Africa Summit in London, linking naira devaluation to rising poverty.
Former President Olusegun Obasanjo criticises Tinubu’s economic reforms at the 2026 FT Africa Summit in London, linking naira devaluation to rising poverty.
FG linked 15.65 million Nigerians’ NINs to the Social Register; cash transfers reached 10.46 million households, but millions of records still remain un-updated.
British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack disrupting its online service is set to last through to July and hit group profit by around £300 million ($404 million). The impact on annual group operating profit is estimated at around £300 million, "which will be reduced through management of costs, insurance and other trading actions", the retailer added.
Britain's annual inflation rate surged more than expected in April as energy and water bills rose sharply, official data showed on Wednesday. He noted that "water and sewerage bills also rose strongly... as did vehicle excise duty, which all pushed the headline rate up to its highest level since the beginning of last year".
Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.
The price of liquefied natural gas (LPG) has reduced at depots, giving hope of a better price ahead as Dangote Petroleum Refinery leads with the cheapest prices.
Perched 45 metres (148 feet) high, young apprentice electricians replace a connection atop a pylon. "We're taking on more apprentices than we ever have.
As construction crews using heavy excavators demolished a major highway bridge in Berlin, pensioner Guido, like many Germans, greeted the dusty spectacle with grim satisfaction. Along German motorways and major roads, one third of bridges need to be reconstructed entirely, said the Brussels-based group.
Beijing condemned on Wednesday new US warnings on the use of AI chips made in China, vowing it would take steps against "bullying" efforts to restrict access to high-tech semiconductors and supply chains.
Canada's Finance Minister Francois-Philippe Champagne expressed cautious optimism Tuesday at the start of a G7 finance leaders' gathering in his country, even as the advanced economies grapple with fallout from trade turbulence.
Oasis fans attending the band's upcoming UK reunion concerts could spend more than £1 billion ($1.3 billion) combined on tickets and outgoings such as transportation and accommodation, Barclays bank estimated Wednesday. Almost 1.4 million people combined are expected to attend the UK concerts.
Economy
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