Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.
Eric Chelle says Nigeria showed strong mentality despite losing the AFCON 2025 semi-final to Morocco on penalties and urges focus on the third-place match.