Strategic retreats

This week, it was reported that the Trump administration plans to slash $555 million in funding for the African Development Bank’s main development fund as part of sweeping cuts to foreign aid. What does the future hold for the AfDB? Renaissance Energy halted oil shipments through the Okordia-Rumuekpe pipeline in Rivers State due to a suspected sabotage-induced spill. What are the long-term implications of oil spills and major investments on Nigeria’s environmental and energy future?MTN Nigeria reported a 134% profit surge in Q1 2025, thanks to tariff hikes. Simultaneously, Nigerian banks raised SMS alert fees by 50%, as the country's retail sector is shrinking, shown by the rise of neighbourhood malls at the expense of the larger ones. Will the rising costs push more Nigerians towards ever more informal means of survival?Support the show