Dangote warns rising oil prices may ground Nigerian airlines
Demands subsidies for farmers Ziggy Ojiegbe, with agency reports Chairman of the Dangote Group, Aliko Dangote, has called on the Nigerian government to introduce targeted subsidies for farmers, warning that surging global oil prices could cripple both agriculture and aviation…
Dangote courts global lenders to boost infrastructure investment
Sopuruchi Onwuka President and Chief Executive of the Dangote Group, Aliko Dangote, has stepped up engagement with global financial institutions, seeking to attract investment into Nigeria’s infrastructure and industrial sectors. Speaking at the launch of the World Bank’s “Water Forward”…
African economies to rebound in 2024
Africa’s economic activity will likely slow again this year amid taxing headwinds but is expected to recover in 2024, according to the International Monetary Fund’s latest regional outlook. Growth in sub-Saharan Africa’s gross domestic product is forecast to edge down…
Energy price surge: IMF warns governments against subsidies
The International Monetary Fund (IMF) has declared that countries will need to invest more in renewable energy to protect against volatility in oil and gas prices The multilateral credit agency on Wednesday also advised governments against floating subsidies as measures…
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