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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Nigeria

180 Results / Page 7 of 20

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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 […]

todayJuly 24, 2024 10

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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.

todayJuly 22, 2024 12

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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.

todayJuly 18, 2024 14

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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 […]

todayJuly 17, 2024 21

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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 […]

todayJuly 16, 2024 18

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UK Court Dismisses P&ID Appeal And Upholds Nigeria’s £43 Million Award

A UK court has ruled in favour of Nigeria in an appeal filed by the Process & Industrial Development or P&ID challenging a previous ruling over what currency the payment of the legal costs incurred by Nigeria in a lawsuit involving the firm would be. This follows a judgment in December last year which dismissed an award of $11 billion damages to P & ID over a failed oil and […]

todayJuly 16, 2024 26

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Nigeria and UAE Agree to Resume Travel Amid Currency Settlement

Nigeria and the United Arab Emirates have agreed to resume travel between the two countries, announced Nigeria's information minister on Monday according to Reuters. The UAE halted visa issuance to Nigerians in 2022 when Emirates Airline suspended flights, citing challenges in repatriating funds from Nigeria. Nigeria's central bank has since resolved a backlog of approximately $137 million in foreign exchange owed to international airlines.

todayJuly 16, 2024 8

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