Goddy Ikeh
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Mr Norman Didam, for fraudulent, collusive, and corrupt practices linked to the National Social Safety Nets Project in Nigeria.
The price of OPEC basket of 12 crudes stood at $83.11 a barrel on Friday, January 17, 2025, compared with $83.19 the previous day, according to OPEC Secretariat calculations.
The Nigerian Government has expressed support for the ceasefire
agreement reached between Israel and Hamas, hailing the milestone as
an opportunity to end the tragic loss of lives and the suffering of
civilians in Gaza.
Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors.
MTN Nigeria Communications Plc has raised N42.2 billion through its Series 15 and 16 Commercial Paper issuance under the company’s N250 billion Commercial Paper Issuance Programme.
Nigeria’s first shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya.
More than 230,000 people have fled violence in the Kivu provinces since the beginning of the year, while Tshopo province remains under threat from intercommunal tensions, the United Nations High Commissioner for Refugees (UNHCR) has announced.
In a whirlwind three-day international promotion, Benin secured €1 billion in financing equivalent to approximately 6.6% of its Gross Domestic Product (GDP).
The African Export-Import Bank (Afreximbank) and Prosper Africa have signed a new Memorandum of Understanding (MoU) to strengthen trade and investment between the United States and Africa.
Nigeria’s Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, says that the country is targets an export market of up to $79 billion through the expansion of its export capacity with the African Continental Free Trade Area framework (AfCFTA).