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Omokri warns against Atiku’s border reopening, fuel subsidy plans

Omokri warns against Atiku’s border reopening, fuel subsidy plans

By Olasunkanmi Akoni Ambassador-designate to Mexico, Honduras, Guatemala and Nicaragua, Reno Omokri, has cautioned against plans to reintroduce fuel subsidy and fully reopen Nigeria’s land borders, warning that the combination could encourage large-scale smuggling and worsen the country’s security and economic challenges. Omokri was reacting to the proposal by former Vice-President and African Democratic Congress, […]

2027: Atiku pledges to reopen borders, develop Southern ports

2027: Atiku pledges to reopen borders, develop Southern ports

Former Vice-President Atiku Abubakar has pledged to reopen Nigeria’s land borders and develop ports in the southern part of the country if elected president in 2027. Atiku, the presidential candidate of the African Democratic Congress, ADC, made the promise on Wednesday when a political support group visited him in Abuja. The pledge comes months after […]

FTSE Russell restores Nigeria to frontier market status

FTSE Russell restores Nigeria to frontier market status

By Emma Ujah, Abuja Bureau Chief Global index provider, FTSE Russell, has reclassified Nigeria’s capital market from “Unclassified” to “Frontier Market” status, effective from the opening of trading on September 21, 2026. The development was welcomed by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, who described it as a […]