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The Nigerian equity market recorded a surge last week, as the All-Share Index and market capitalisation appreciated by 1.22 per cent and 1.26 per cent, respectively.
The Nigerian Defence Headquarters has confirmed the death of 22 soldiers and over 70 insurgents during an ongoing military operation in the Timbuktu Triangle, a notorious terrorist stronghold in Borno State in northern Nigeria.
Nigeria’s Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has assured Nigerians that his ministry will intensify efforts to improve service delivery and uphold the highest standards in Nigeria’s aviation sector.
The Federal Road Safety Corps (FRSC) has said that 18 persons died while 13 others survived in the petrol tanker explosion in Enugu state in southeastern Nigeria on Saturday.
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian Government and the Nigerian Communications Commission (NCC) over the “arbitrary, unconstitutional, unlawful, unfair, and unreasonable” increase in telecom tariffs.
The price of OPEC basket of 12 crudes stood at $80.77 a barrel on Thursday, January 23, 2025, compared with $80.9 the previous day, according to OPEC Secretariat calculations.
A total turnover of 3.132 billion shares worth N76.552 billion in 61,456 deals was traded this week by investors on the floor of the Nigerian Exchange.
The ECA has announced the conclusion of the training programme held in Eritrea jointly organized with the Res4Africa Foundation and in partnership with the Eritrean Ministry of Energy and Mines and supported by Strathmore University underscoring a shared commitment to sustainable energy solutions.
A total of just over $910 million is required to respond to the humanitarian needs of 3.6 million people in need of life-saving assistance in Borno, Adamawa and Yobe (BAY) states in north-east Nigeria in 2025. A total of 7.8 million people are considered to be in need of humanitarian assistance.
Nigeria’s Bank of Industry (BoI) has signed a $50 million loan portfolio guarantee agreement with the African Guarantee Fund (AGF) to provide funding for MSMEs and women-owned businesses in Nigeria.