Goddy Ikeh
The first meeting of the Steering Committee in charge of reviewing the regional food security storage strategy and adjusting the Regional Food Security Reserve (RFSR) opened in Abuja on Thursday.
Nigeria and India have reaffirmed their commitment to strengthening bilateral relations through increased trade, investment, and cooperation in key economic sectors, including energy, agriculture and pharmaceutical manufacturing.
The World Health Organization (WHO) has reaffirmed its commitment to improving nutrition services, working with the Ghana Health Service and partners to adapt and provide printed copies of the revised Essential Nutrition Actions (ENAs) Package.
Nigeria’s Minister of Interior, Dr. Olubunmi Tunji-Ojo, has said that the Federal Government of Nigeria freed more than 4,000 inmates in its correctional facilities (prisons), as part of decongestion efforts, thereby, saving N1 billion in inmate feeding costs.
Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, says that Nigeria has secured an investment of $14bn from India, spanning multiple sectors.
The price of OPEC basket of 12 crudes stood at $73.13 a barrel on Wednesday, March 19, 2025, compared with $74.12 the previous day, according to OPEC Secretariat calculations.
“Illegal, unreported and unregulated (IUU) fishing remains widespread in our region, causing an estimated loss of over $2 billion per year, which has a negative impact on the livelihoods and security of our countries.”
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, says that local content in the Nigerian petroleum industry has now reached 56 per cent, with ongoing reviews likely to further enhance this figure.
The World Trade Organisation (WTO) says that global goods trade remained stable in the final quarter of 2024 and showed signs of continued growth in early 2025.
The Nigerian Debt Management Office (DMO) has announced a bond offer for subscription by auction on March 24, 2025, to raise a total of N300bn this month.