Nigeria gets $20 billion Chinese support for new Ogidigben Gas Project
China National Chemical Engineering International Corporation Ltd (CNCEC) has pledged its commitment to support Nigeria’s $20 billion Ogidigben Gas Project in Delta State. During a meeting in Beijing with the…
Nigeria to strengthen economic ties as BRICS partner country
Nigeria has officially been admitted as a partner country in BRICS, a multinational bloc comprising Brazil, Russia, India, China, and South Africa. This development represents a strategic milestone for Nigeria…
Egypt, Nigeria ministers of water meet to promote cooperation
The Minister of Water Resources and Irrigation of Egypt, Hani Seviram, and the Minister of Water Resources of Nigeria, Joseph Utsef, met to discuss ways to enhance cooperation in the…
Stock market loses N1.45 trillion in a week
The Nigerian stock market collapsed last week, with trading volume reaching N1.45 trillion. The All Share Index closed the week down 2.94 per cent to 102,353.68 points, while market value…
SEC to improve capital market operations with new registration portal
The Security and Exchange Commission, SEC, has unveiled a new electronic portal to improve capital market operations in the country, noting that the operators who fail to re-register by January…
Morocco, Germany to boost agricultural ties at Green Week Summit
Germany and Morocco are strengthening their agricultural ties at the 89th edition of Berlin's International Green Week (Grüne Woche).The event, which runs from January 17 to 26, 2025, in Berlin,…
Nigeria’s first AFCFTA shipment lands in Kenya
Nigeria's first shipment under the African Continental Free Trade Area (AFCFTA) has arrived at the Mombasa Port in Kenya. The Nigeria AFCFTA coordination office confirmed the arrival of the shipment…
Nigeria to boost agriculture with new digital farmers registry
The Nigerian government has unveiled a new farmers registry to boost agricultural production and ensure effective implementation of government policies. The farmer registry would link each farmer’s National Identity Number…
Population growth forces Africa to think about food issues
The African Union (AU) has adopted a 10-year agricultural development strategy that aims to increase domestic food production by 45% by 2035.The country’s population is expected to reach 2.5 billion…
Inflation, US interest rate cuts propel Bitcoin value to $100,000
Bitcoin has once again crossed the $100,000 mark, sparking renewed optimism among investors. This comes as the U.S. Consumer Price Index (CPI) report revealed a 0.4% rise in inflation for…
