(Credit: Akarawut Lohacharoenvanich/iStock via Getty Images) IMF COUNTRY FOCUS June 20, 2024/IMFBlog The outbreak of the war in Ukraine in February 2022 caused international food and fertilizer prices to rise sharply, exacerbating food insecurity in many parts of sub-Saharan Africa. Guinea was among the worst affected. By late 2022, 11 […]
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Nigeria: TotalEnergies Launches the Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant
June 20, 2024/Caritas PR TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have taken the Final Investment Decision (FID) for the development of the Ubeta gas field. Located about 80 km northwest of Port Harcourt […]
Nigerian Stocks Close Flat at 99,843.06 Points, Following Mixed Sentiments
June 20, 2024/InvestmentOne Report The NGXASI closed flat today to close at 99,843.06pts, as the gains recorded in GTCO (+4.42%), TRANSCORP (+6.19%) and GUINNESS (+5.66%) offset the losses in TRANSCOHOT (-10.00%), FIDELITYBK (-4.15%) and FBNH (-0.45%). In the fixed income space, the Treasury Bills secondary market traded on a […]
