Goddy Ikeh

The price of OPEC basket of 12 crudes stood at $83.15 a barrel on Thursday, January 16, 2025, compared with $81.66 the previous day, according to OPEC Secretariat calculations.

Nigeria’s Debt Management Office says that the Federal Government of Nigeria is planning to raise N1.8 trillion from the bond market in the first quarter of 2025.

The European Union has announced an initial humanitarian assistance package of €1.9 billion for 2025, with €510m earmarked for Nigeria and other countries in sub-Saharan Africa.

The World Bank says that Nigeria’s economy will grow by 3.5 per cent in 2025 and rise slightly to 3.7 per cent in 2026.

The Malian Prime Minister, Major General Abdoulaye Maiga, began a two-day official visit to Accra, Ghana, on Wednesday, January 15, 2025.

Building resilience and accelerating a low-carbon transition are central to Cabo Verde’s sustainable development strategy, according to the newly launched Country Climate and Development Report (CCDR).

The ECOWAS Commission’s Department of Human Development and Social Affairs (HDSA), through the ECOW Gender Develoment Center (EGDC), had on Tuesday, January 7, 2025, held a consultation meeting on the project to build a Hygienic Napkin and Nappy Manufacturing Unit, in the conference room of the Ministry of the Family and Solidarity of Senegal.

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, says that the NNPCL remitted N10 trillion to the Federation Account of the Nigerian Government as of September 2024.

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via the Automated Teller Machines during the Christmas and New Year festive season.

Nigeria’s Minister of Power, Mr. Adebayo Adelabu, has urged security agents to intensify efforts to protect Nigeria’s power assets, particularly from the growing threat of vandalism.