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Extreme Weather, Climate Change Impacts Hit Africa Hard – WMO

Extreme weather events and the escalating impacts of climate change are severely affecting all aspects of socio-economic development across Africa, intensifying hunger, insecurity and displacement, according to the World Meteorological Organisation (WMO) State of the Climate in Africa 2024 report. The findings were unveiled during a high-level meeting convened by the WMO in Addis Ababa,…

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Nigeria’s economy grows strongly amid high inflation, World Bank says

Nigeria’s economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved fiscal position, the World Bank said on Monday, but warned that persistently high inflation remains a challenge.Bold reforms implemented by President Bola Tinubu, including ending costly petrol subsidies, slashing electricity allowances and twice devaluing…

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Dangote Refinery Price Cut Poised To Push Petrol Below ₦900/Litre Nationwide — Marketers

Petroleum marketers and fuel retailers have projected a drop in petrol prices to below ₦900 per litre at filling stations across Nigeria, following a fresh price cut by Dangote Refinery.On Monday, the 650,000-barrel-per-day Dangote Refinery in Lekki, Lagos, introduced a ₦10 refund for customers purchasing premium motor spirit (PMS) at ₦835 per litre.This development, reported…

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