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Sports car-maker Porsche warned Wednesday of a tough year ahead after its profit virtually vanished in 2025 amid cut-throat competition in China, a costly pivot back to petrol cars and US tariffs. The post Porsche warns of tough year ahead after torrid 2025 appeared first on Vanguard News.

Oil minister Mutasim Ibrahim told a press conference that Sudan has a 16-day reserve of gasoline, 21 days of diesel, and 17 days of aviation fuel, with more supply on the way

In Goma, eastern DR Congo, a drone strike around 4 a.m. on Wednesday caused panic among residents.

Former Republic of Congo soccer federation president Jean-Guy Blaise Mayolas was convicted of embezzling $1.1 million in FIFA funds and sentenced to life in prison Tuesday though he remains on the loose.

Madagascar's leader, Colonel Michael Randrianirina, has sacked his prime minister and dissolved the cabinet he appointed soon after seizing power following youth-led protests five months ago

Air strikes overnight Tuesday to Wednesday killed several people in the key eastern Democratic Republic of Congo city of Goma, controlled by the Rwanda-backed M23 militia, sources told AFP.

Madbouly said during a cabinet meeting that the government faced a choice between maintaining current fuel prices — a move that would have imposed heavy costs on the state — or raising them to shield industrial and business operations from the repercussions of the U.S.–Israel war on Iran

By Babajide Komolafe The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have established a N10 billion Sugar Project Acceleration Fund (SPAF) to support the development of greenfield sugar projects across the country. The fund is designed to provide financing and project development support to viable greenfield initiatives, with the aim of accelerating […] The post Sugar Production: NSDC, BOI establish N10bn fund for greenfield projects appeared first on Vanguard News.

By Gabriel Ewepu The Federal Government on Tuesday flagged off the $500 million World Bank-funded Sustainable Power and Irrigation for Nigeria (SPIN) Project aimed at accelerating food production and increasing power generation. Minister of Water Resources and Sanitation, Engr. Joseph Utsev, who performed the flag-off in Abuja, said the project is a strategic intervention designed to […] The post FG flags off $500m World Bank-funded SPIN project to boost food production, power appeared first on Vanguard News.

•Annual trade surplus rises 5.3% to N17.8trn By Elizabeth Adegbesan & Progress Godfrey Nigeria recorded a 121 per cent, year-on-year (YoY) decline in trade surplus to N1.71 trillion in the fourth quarter of 2025, from N3.42 trillion in the same period of 2024. Similarly, on a quarterly basis, the country’s trade surplus fell by 71 percent, Quarter-on-Quarter […] The post Nigeria’s trade surplus slumps 121% to N1.7trn in Q4’25 appeared first on Vanguard News.