
NEC approves 90-day plan to cut food costs and ease living crisis
The short-term plan targets production, transport and market bottlenecks, but structural food insecurity will require longer-term investment.
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The short-term plan targets production, transport and market bottlenecks, but structural food insecurity will require longer-term investment.

SpaceX posts strong Q3 results with revenue up 161% to $14.6bn driven by Starlink and launch services.

Ecobank Group's memorandum with China's CIPS aims to strengthen renminbi payment connectivity between China and Africa, though operational rollout details remain undisclosed.

NITDA and NACCIMA have partnered to connect Nigerian technology startups with private sector investors, corporate buyers and commercial opportunities through a network of more than 120 chambers of commerce.

Growtech West Africa has announced a collaboration with Nigeria's National Agricultural Development Fund ahead of its inaugural Lagos exhibition, aiming to connect agribusinesses with technology, finance and international expertise.

The Major Energies Marketers Association of Nigeria has rejected the federal government's proposed N1,350 per litre ceiling on petrol ex-gantry and landing costs, arguing that arbitrary price caps distort competition without fixing supply bottlenecks.

The Federal Government has commissioned the first site of the Nigeria Universal Communication Access Project in Bende, Abia State, kicking off a nationwide rollout of 3,700 towers intended to connect nearly 20 million unserved Nigerians.

The Federal Government has begun construction of a 17.7MW interconnected solar mini-grid in Ibadan under the DARES programme, targeting 20 hours of daily supply and 22,597 connections across five communities.

The Rural Electrification Agency estimates that more than 11,000 rural telecom base stations consume over 40 million litres of diesel every month, highlighting the cost of powering network infrastructure in underserved communities.

The International Monetary Fund has said Nigeria's bank recapitalisation is necessary but not sufficient, urging stronger supervision, better buffers and timely recognition of non-performing loans.

Nigerians are receiving alerts warning their phones could be disconnected after 30 days under the NCC's new Device Management System for type-approved devices.
Anthropic researchers have warned that small AI models could self-replicate across connected devices, sharpening debate over how to control advanced systems.
Six university-led clusters will study connectivity, public infrastructure, skills, jobs, online safety and artificial intelligence under Project BRIDGE.