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FG Plans Tolling On 12 Highways

In its bid to ensure the regular maintenance of its road network across Nigeria, the Federal Ministry of Works and Housing plans to concession no fewer than 12 federal highways to private entities to manage. The arrangement would enable the private companies to introduce toll gates on the 12 highways …

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Russia Could Default On Its Debt Within Days

Half of the country’s foreign reserves — roughly $315 billion — have been frozen by Western sanctions imposed after the invasion of Ukraine, Russian finance minister Anton Siluanov said on Sunday. As a result, Moscow will repay creditors from “countries that are unfriendly” in rubles until the sanctions are lifted, he …

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