Goddy Ikeh
The price of OPEC basket of 12 crudes stood at $74.93 a barrel on Thursday, January 2, 2025, compared with $74.59 the previous Tuesday, December 31, 2024, according to OPEC Secretariat calculations.
Nigeria’s Chief of Defence Staff, General Christopher Musa, has reaffirmed the commitment of the military to maintaining close relations with Niger despite regional tensions.
The Nigerian Electricity Regulatory Commission (NERC) has said that illegal connections, wire snap, vandalism, among others caused 174 electricity-related accidents in Nigeria between January and September 2024.
The Nigerian Exchange (NGX) gained N1.25tn in one week as the All-Share Index and Market Capitalisation appreciated by 1.42 per cent and 2.02 per cent, respectively, closing at 103,586.33 points and N63.166tn, respectively.
The Socio-Economic Rights and Accountability Project has called on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, to explain the disappearance of over N825 billion and $2.5 billion earmarked for refinery rehabilitation and oil revenues.
The International Monetary Fund (IMF) has warned that undisclosed public debt, estimated at $1 trillion globally, poses a growing threat to economic growth in low-income nations already grappling with mounting fiscal challenges.
The Nigeria Police Force (NPF) has announced the arrest of members of two separate criminal networks, marking a significant success in its efforts to improve security in the country.
A total turnover of 2.618 billion shares worth N69.742 billion in 47,953 deals was traded this four-day trading week by investors on the floor of the Nigerian Exchange.
The official exchange rate between the naira and the United States dollar ended in 2024 at N1,535/$, according to the data from the Central Bank of Nigeria (CBN).
The Association of Securities Dealing Houses of Nigeria has commended the Nigerian capital market for raising N2 trillion in the primary market in 2024.