The African Union has launched the African Credit Rating Agency to counteract global rating bias and promote economic development. The agency aims to provide accurate and unbiased credit ratings for African countries, helping to attract investment and promote economic growth.

Although specific details on the launch date are not available, Nigeria and Russia are set to revive a steel plant, marking a significant development in Nigeria's industrial sector.

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) plans to convert 100,000 vehicles to Compressed Natural Gas (CNG), promoting sustainable energy.

Former Finance Minister Ken Ofori-Atta was declared a fugitive amid financial scandal allegations.

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