The Central Bank of Nigeria has sold $876.26 million at N1,495 per dollar in its latest retail forex auction to stabilize the naira amidst economic pressures.
Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.
The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.