Goddy Ikeh
Nigeria’s Federal Ministry of Housing and Urban Development is exploring partnership opportunities with the Kuwait Fund for Arab Economic Development, focusing on infrastructure development to support affordable housing and sustainable urban growth in Nigeria.
The former Chadian Prime Minister and opposition leader Succès Masra was on Saturday sentenced to 20 years in prison and fined one billion CFA francs, in a verdict delivered against the backdrop of a tense political climate.
The newly enacted Insurance Industry Act, improved corporate earnings for the second quarter of the year, Q2’25, and some macro economics development have greatly impacted the Nigerian stock market, as the major index of the market rose Week on Week, WoW, by 3.2%.
The Nigerian Export Promotion Council (NEPC) has announced that the country’s non-oil exports climbed to $3.225bn in the first half of 2025, marking a 19.59 per cent increase over the $2.696bn recorded in the same period last year.
Twenty-four bulk electricity consumers have been licensed to disconnect from the Nigerian national grid by generating their own electricity in 2024, as 22 others obtained licences for off-grid generation. In total, the 46 entities would generate up to 289 megawatts of electricity.
The Director General of the Securities and Exchange Commission of Nigeria, Emomotimi Agama, has been elected Vice Chairman of the Africa/Middle East Regional Committee of the International Organisation of Securities Commissions (IOSCO).
Strengthening Frontline Capacity Nationwide In response to a surge in cholera cases during the 2025 rainy season, the Nigeria Centre for Disease Control and Prevention (NCDC) and World Health Organization (WHO) in collaboration with UNICEF, WaterAid, and the International Federation of Red Cross and Red Crescent Societies (IFRC), have launched an initiative to strengthen cholera preparedness and response.
With the support of Turkish Cooperation and Coordination Agency (TİKA), the first kidney transplant in Burkina Faso was successfully performed, marking a milestone in the country’s medical history and setting an example for health diplomacy in West Africa.
Cadbury Nigeria Plc has posted a profit of N10.2bn for the half year ended June 30, 2025, reversing a loss of N9.7bn recorded in the same period of 2024.
Foreign Direct Investments into Nigeria dropped sharply by 70.06 per cent quarter-on-quarter to $126.29m in the first quarter of 2025, down from $421.88m recorded in the final quarter of 2024.