Nigeria is losing an estimated N428 billion annually to illicit trade in spirits and wines, according to the Director-General of the Spirits and Wines Association of Nigeria ,SWAN, Tony Okwoju.
Africa’s institutional capital pool grew by 25% to over $2 trillion in 2025, but the continent continues to face challenges in financing critical infrastructure projects.
‎Unknown to households around the world, they are paying $12 trillion per year in additional costs for fossil fuels, despite the soaring price of energy bills.
Central Bank of Nigeria ,CBN, ramped up its Open Market Operations ,OMO, sales to N18.79 trillion in the first quarter of 2026, marking a 426% increase from N3.57 trillion recorded in the same period of 2025.
His Imperial Majesty, the Ooni of Ife, Olori Alade, Oba Adeyeye Enitan Ogunwusi, Ojaja 11, has commended Governor Ademola Adeleke for initiating and implementing the Lagere flyover and dualisation projects, describing Lagere as “the nerve centre of Ifeland.