Nigeria’s FX market faces ongoing challenges, with liquidity shortages and volatility threatening economic recovery despite government interventions.
Oil producers in Nigeria are pushing back against a government proposal requiring mandatory crude sales to local refineries, citing concerns about profitability and existing contracts.
NLC President Joe Ajaero defers his appearance at the police headquarters due to prior commitments, with lawyer Femi Falana demanding details on terrorism financing allegations.
Former federal lawmaker Farah Dagogo has accused Niger Delta governors of mismanaging the 13% derivation funds, leaving oil-producing communities in poverty despite the influx of billions of naira.