Atiku's Subsidy U-Turn, SEC Crypto Crackdown, and Stock Market Slide: Five Things Shaping Nigeria's Friday

Former Vice President Atiku Abubakar dropped a policy bombshell Thursday, unveiling plans to replace Nigeria's scrapped import fuel subsidy with a targeted "production subsidy" that would give domestic refineries preferential crude pricing. The subsidy, he declared, would "follow the barrel" — tied to verifiable output, not phantom imports. But the political reaction was swift and brutal. Presidential spokesman Bayo...