Goddy Ikeh
The President of the African Development Bank, Dr. Akinwumi Adesina, has said that Nigeria will gain significantly from a $4.4bn investment aimed at expanding the Special Agro-Industrial Processing Zones (SAPZ) across all the 36 states and the Federal Capital Territory of Abuja.
The West African Development Bank “BOAD” continues to lead in financial innovation with the successful issuance of a $500 million sustainable hybrid bond on the international capital market.
The price of OPEC basket of 12 crudes stood at $76.71 a barrel on Friday, February 7, 2025, compared with $76.45 the previous day, according to OPEC Secretariat calculations.
The Gambian police have announced the arrest of several persons in connection with armed robbery at a Banjul business, leading to the recovery of a significant portion of the stolen funds.
Ghana’s National Security operatives have made a massive bust, seizing a large unspecified amount of US dollars, Ghana Cedis and counterfeits hidden in 12 different 20-foot shipping containers.
President John Dramani Mahama of Ghana has sworn in 17 ministers, including eight regional ministers and dished out instructions that all official foreign trips by ministers and other government appointees should be taken with modesty and not on first class tickets.
The African Development Bank has expressed dissatisfaction over the slow progress of the first phase of Nigeria’s Special Agro-Industrial Processing Zones project, raising concerns about the disbursement of the $210 million loan allocated for the initiative.
The five airlines sanctioned by the Nigeria Civil Aviation Authority have officially received their sanction letters for various infractions, with further penalties under consideration.
The five airlines sanctioned by the Nigeria Civil Aviation Authority have officially received their sanction letters for various infractions, with further penalties under consideration.
The Nigerian Government has opened conversations with the International Finance Corporation – a member of the World Bank Group – on policy formation to utilise the capital market and other available funding options within Nigeria to fund infrastructure development through Public Private Partnerships (PPP).