Goddy Ikeh
The China Development Bank has announced the approval of a $254.76m (€245m) loan to support the Kano-Kaduna railway project in northern Nigeria.
The price of OPEC basket of 12 crudes stood at $76.07 a barrel on Tuesday, January 7, 2025, compared with $76.18 the previous day, according to OPEC Secretariat calculations.
Nigeria’s foreign exchange reserves surged by $591.78m in the month following the government’s $2.2 billion Eurobond auction on December 2, 2024, according to the data from the Central Bank of Nigeria (CBN).
Sporty Group has announced the appointment of Gary Al-Smith, a distinguished Ghanaian sports journalist, as the Regional Content Lead in Ghana. Gary brings a wealth of experience and a deep understanding of African sports to our team.
The African Development Bank (AfDB) has granted Tunisia a loan of €80.16 million to implement the next phase of the country’s road improvement scheme.
The World Bank has urged private sector investors to play a pivotal role in achieving its ambitious “Mission 300” initiative, which aims to connect 300 million people in Sub-Saharan Africa, including Nigeria to electricity by 2030.
Nigeria’s unrealised export potential is estimated at $3 billion, according to data from the International Trade Centre (ITC).
The Tony Elumelu Foundation has announced the opening of its 2025 Entrepreneurship Programmes applications.
The Central Bank of Nigeria has reported a 63.7 per cent increase in international money transfer operator (IMTO) inflows during the first nine months of 2024.
Nigeria’s Minister of State for Petroleum Resources in charge of Oil, Mr. Heineken Lokpobiri, has said that the Nigerian Government attracted foreign investors to boost oil production to 1.8 million barrels per day.