insert_link Africa Dangote’s bid buy crude in Nigerian currency approved Nigeria's government has approved the sale of crude oil to the Dangote refinery in the local currency, the Naira. The government asked the state-owned oil company, Nigerian National Petroleum Company Limited to sell the crude to Dangote and other refineries with immediate effect. The decision puts an end to the dispute between Dangote refinery and oil regulators over crude supply. Reuters reports that the $20 billion Dangote refinery, Nigeria's […] today30 July, 2024
insert_link Africa Nigeria’s planned protests: What we know By Laurie Churchman with Aminu Abubakar in Kano Politicians and the army have warned people against taking to the streets, but organisers say government failings have left them little choice. Both sides have made comparisons with recent protests in Kenya that forced the government to withdraw new taxes, but it is not clear what shape the rallies could take in Nigeria. With demonstrations set to start on […] today29 July, 2024
insert_link Africa Nigerian Police Say Foreign Mercenaries Involved in Planned Nationwide Protest Police authorities in Nigeria have raised alarm that foreign mercenaries are involved in a planned protest in the country next week. Tesem Akende reports. today29 July, 2024
insert_link Africa Nigeria is tightening security at its borders ahead of a planned protest Nigeria is tightening security at its borders ahead of a planned protest against hardship and bad governance by young people across the country. Tesem Akende reports. today29 July, 2024
insert_link Africa 11 million Nigerian children are going hungry: how this hurts their health and what needs to be done By Blessing Akombi-Inyang, UNSW Sydney Unicef, the UN agency for children, reported in June 2024 that around 11 million Nigerian children were experiencing severe child food poverty. The report says this translates to one in every three Nigerian children under five years old. Nigeria has about 31 million children under five. Unicef defines severe child food poverty as consuming no more than two out of […] today24 July, 2024
insert_link Africa Nigeria Fines Meta $220 Million for Data Privacy Violations Nigeria has fined Meta Platforms $220 million for violating local consumer, data protection, and privacy laws, the Federal Competition and Consumer Protection Commission announced on Friday as per Reuters. The FCCPC found that Meta misappropriated Nigerian users' data without consent, abused its market dominance by imposing exploitative privacy policies, and treated Nigerian users discriminatorily compared to other jurisdictions with similar regulations. today22 July, 2024
insert_link Africa TotalEnergies Sells Minority Stake in Nigerian Onshore Oil JV for $860 Million TotalEnergies has sold its 10% stake in the Shell Petroleum Development Company of Nigeria Limited to Mauritius-based Chappal Energies for $860 million says Reuters. CEO Patrick Pouyanne announced in February that TotalEnergies planned to exit the venture due to numerous oil spills caused by theft, sabotage, and operational issues, which resulted in costly repairs and high-profile lawsuits. today18 July, 2024
insert_link Science & Technology Corruption hurts businesses but digital tools offer the hope of fighting it, say manufacturers in Ghana and Nigeria Just_Super By Samuel Adomako, University of Birmingham; Joseph Amankwah-Amoah, Durham University; Shlomo Tarba, University of Birmingham, and Zaheer Khan, University of Aberdeen Technology has changed the way the world does business. Mobile and digital payment platforms, blockchain, cloud computing and artificial intelligence (AI) tools have all driven innovations in recent years. They allow businesses of all sizes to become more efficient and reach new markets. For […] today17 July, 2024
insert_link Africa Suicide bombings in Nigeria: tactic is back after a four-year break – security researcher offers 3 possible reasons By Al Chukwuma Okoli, Federal University Lafia Nigeria’s first suicide bombing since 2020 took place in June 2024 with four coordinated attacks that killed at least 30 people. The attacks took place in Gwoza, a town in Borno State, north-east Nigeria. Gwoza was once the seat of the Islamic Caliphate declared by Boko Haram insurgents in 2014. Boko Haram is an extremist sect which aims for […] today16 July, 2024