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Many are questioning the wisdom of abruptly eliminating the subsidies without a shock-absorbing plan
Local consumers given only restricted access to markets like Binance and Coinbase
Move leaves official exchange rate close to black market rate and follows removal of currency peg last year
Africa’s richest man comes under unaccustomed pressure after anti-corruption watchdog’s raid on Lagos headquarters
Faked Joe Biden robocall underlines prevalence of cheap AI tools being used to create clips aimed at swaying voters
Foreign minister Yusuf Tuggar seeks to work with US to uphold democracy in west Africa amid wave of coups
Smartan House aims to lift young people out of poverty through access to professional training and experience
Supermajor follows other international groups in region hit by oil theft, violence and environmental damage
Africa’s richest man drawn into probe investigating favourable exchange rates offered by ex-central bank governor
Attack is worst outbreak of violence this year in a region riven by ethno-religious tension and economic hardship
US regulator says it uncovered ‘billions of dollars’ of fictitious transactions through entities controlled by Dozy Mmobuosi
First batch of crude from Shell’s oil trading arm marks milestone for refinery
Villagers celebrating a Muslim festival were ‘mistakenly killed’ in army attack targeting terrorists
Sharp rises in the cost of petrol and food have pushed millions more people into poverty
Nigerian billionaire Aliko Dangote faces accusations of unfair practices and a struggle to secure crude supplies
What happens in Lagos stays in Lagos
Move by S&P Dow Jones Indices highlights risks of swap-based contracts, especially in frontier markets
UK judge’s decision in P&ID pipeline case puts spotlight on role of London’s arbitration courts
Bola Tinubu started well but has to follow through on his promises for change
Former Citi executive Olayemi Cardoso faces task of stabilising naira and settling $6.8bn foreign exchange obligations
Rising star’s sudden demise after raising maltreatment accusations puts genre in the spotlight
High inflation and volatile naira among headwinds for consumer goods group
Diezani Alison-Madueke accused of taking kickbacks for awarding multimillion-dollar oil and gas contracts
Bola Tinubu seeks to rejuvenate economy and respond to crisis in neighbouring Niger
Godwin Emefiele’s nine years in charge came to an abrupt end when new president Bola Tinubu took office
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