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French debt in spotlight as ratings agencies sound alarm
French debt in spotlight as ratings agencies sound alarm
by  AFP

France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade. Leading ratings agency Fitch in April lowered its rating on France's debt, which is approaching three trillion euros ($3.2 trillion).

Nigeria grapples with end of fuel subsidy
Nigeria grapples with end of fuel subsidy
by  AFP

Nigerians are struggling with surging fuel prices after newly elected President Bola Tinubu declared an end to popular subsidies, a move analysts and experts said was long overdue. On his first day in office, Tinubu kept to his campaign promise and announced an end to the long-running arrangement, which has given Nigerians access to cheap petrol.

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