Indonesia Racing to Find 129 Missing After Ferry Overturns in Java Sea

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Indonesian rescuers were racing against time on Monday to locate 129 people still missing afterthe Virgo Transport 8 ferry overturned in rough seas in the Java Sea, in one of the country’sdeadliest maritime incidents in recent months.At least six people are confirmed dead. The ferry, carrying more than 240 passengers and crew,was travelling from Surabaya...
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Fuel price rise deepens pressure on households and businesses

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Another increase in petrol prices is putting fresh pressure on Nigerian households and businesses, with pump prices climbing towards ₦1,400 per litre in parts of the country. The latest increase follows a sharp rise in global crude oil prices, which have moved above $100 a barrel amid escalating conflict in the Middle East and concerns...
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Dangote Refinery Opens ₦2.15tn Mega-IPO —Africa’s Biggest Share Sale Ever

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History was made on the trading floor of the Nigerian Exchange this morning. DangotePetroleum Refinery and Petrochemicals officially opened its Initial Public Offering — the largestshare sale ever attempted on African soil — inviting ordinary Nigerians to own a slice of thecontinent’s biggest industrial project.The numbers are staggering. The company is offering 4.1 billion new...
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Africa’s Crypto Giants Just Declared War on South Africa’s Treasury

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South Africa’s crypto industry has done something it has never done before: it hasorganised. Overnight, more than a dozen of the country’s biggest digital-asset firms wentpublic with a coalition called CATASTROPHE — Crypto Asset Taskforce for AdvancingSound, Technology-Neutral Regulation for Opportunity, Prosperity and a Healthy Economy— and its message to National Treasury is blunt. Withdraw...
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Akpabio Calls In the DSS Over Viral”Northerners Will Suffer” Quote

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Senate President Godswill Akpabio has escalated a viral political storm into a full nationalsecurity matter, formally petitioning the Department of State Services (DSS) this morning toinvestigate the origin of a doctored quote that has been tearing through Nigerian socialmedia for the past 48 hours.The quote — attached to a graphic bearing Akpabio’s photograph and official...
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Tinubu orders 500 more CNG stations to push down transport costs

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President Bola Tinubu has directed the rollout of 500 additional compressed natural gas (CNG) stations across Nigeria as part of efforts to reduce transportation costs and accelerate the country’s transition away from petrol-powered vehicles. The directive is aimed at expanding access to CNG, which the government has promoted as a cheaper alternative to petrol and...
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