Goddy Ikeh
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released the Upstream Petroleum Decarbonisation Template, which will become a requirement for issuing licences and permits effective January 2025.
The former President of Nigeria, Chief Olusegun Obasanjo, says that God wants Nigeria to be flowing with milk and honey and a basket case.
Nigeria’s Ministry of Finance Incorporated (MOFI) has launched its N250 billion Real Estate Fund long-term mortgages to boost affordable housing, job creation, and economic growth in Nigeria.
Nigerian President Bola Tinubu has promised Nigerians that the government is committed in this New Year to intensify efforts to lower the high costs of foods in Nigeria by boosting food production and promoting local manufacturing of essential drugs and other medical supplies.
The price of OPEC basket of 12 crudes stood at $74.62 a barrel on Monday, December 30, 2024, compared with $73.91 the previous day, according to OPEC Secretariat calculations.
The Indonesian Ambassador to Nigeria and ECOWAS, Usra Harahab, says both countries are working closely to deepen collaboration against terrorism since they share similar defence and security experiences and interests.
A renowned Nigerian economist, Dr. Ayo Teriba, has said that if the Nigerian Government is able to attract $50 billion worth of foreign direct investment (FDI) into Nigeria, the country’s inflation rate can be brought down to 5 per cent by 2025.
The World Bank has said that the Sub-Saharan African countries, including Nigeria, are grappling with a substantial education funding gap, spending an average of only $54 per student, compared to $8,500 in high-income countries.
Shell’s $2.4bn sale of its Nigerian assets has emerged as the largest mergers and acquisitions transaction recorded in Africa for 2024, according to data from DealMakers AFRICA.
Chi Farms Nigeria Limited, a Tropical General Investments Group subsidiary, is planning a $2.5bn livestock investment, following a recent visit from Brazilian meatpacking company JBS and the Nigerian Investment Promotion Commission at its facility along the Lagos-Ibadan Expressway in Ogun State in south-western Nigeria.