Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.
A delegation from the Olu of Warri paid their respects to former Senator Rowland Owie following his wife Lady Helen's passing whom Owie believed had been instrumental to securing a crucial 1979 political endorsement.
Simon Roomans has named 11 witnesses to contest his late father's will, alleging mental incapacity and undue influence, as the legal battle unfolds at the Lagos High Court.
Finance Minister Olawale Edun on Tuesday warned against subsidy reversals at the World Bank/IMF Spring Meetings in Washington, urging developing nations to hold reform gains as global shocks intensify pressure to abandon hard-won policy progress.
The International Monetary Fund cut Nigeria's 2026 growth forecast to 4.1 percent, down from 4.4 percent, citing higher commodity costs and shipping disruptions.
Nigeria's power subsidy obligation reached N418.79 billion in the fourth quarter of 2025, a decline of N39.96 billion from the third quarter, according to the Nigerian Electricity Regulatory Commission.