Nigeria’s Compensation Request for the Glencore Bribery is Rejected.
A London court rejected Nigeria’s attempt to recover damages from a British affiliate of mining and trading company Glencore (GLEN.…
Year: 2022
Ghana’s Downstream Oil Sector Will Change Due to the Dangote Refinery.
According to Dr. Mustapha Abdul-Hamid, Chief Executive Officer of Ghana’s National Petroleum Authority (NPA), the start-up of the 650,000 bpd…
Guinness Nigeria Stockholders will Get a Dividend of N15.639billion.
Guinness Nigeria Plc shareholders, who own 50 shares of the UK-based Diageo Plc subsidiary, approved a proposed dividend pay-out of…
According to Reports, Musk Intends to Finalize the Twitter Deal.
In a video conference call with bankers who are helping to finance the deal, Elon Musk promised to close his…
Barge Operators Attract N20bn Investment, Create 5000 Jobs, in Nigeria.
According to the Nigerian Ports Authority, investments in barge operations are to total more than N20 billion in 2022. It…
The World Bank Anticipates an 11% Drop in Energy Prices in 2023.
The World Bank predicts that energy prices would decline by 11% in 2023; this is due to a 60% increase…
15billionaires from Nigeria Lost N799.1billion in Q3 2022 As a Result of Falling Stock Prices.
Due to the Nigerian stock market’s negative third-quarter performance, fifteen billionaires in Nigeria have lost a combined total of N799.1…
Three Naira Notes Are Redesigned by Nigeria Central Bank.
Godwin Emefiele, the governor of the Central Bank of Nigeria, has announced that the top bank will rebrand three naira…
Adidas Cuts Ties With Kanye West Due to Antisemitism, Reducing His Net Worth to $400 Million.
After Mr. Wests debut, a “White Lives Matter” T-shirt design at Paris Fashion Week, Adidas’ Yeezy brand relationship with him…
Abubakar, A Candidate for President of Nigeria, Calls for a Flood Relief Fund.
The floods were attributes of excessive rain and the release of water from a dam in the neighbouring Cameroon. Over…
Nigeria’s Owodunni makes History by becoming the Nation’s First Black City Councillor in Canada.
Ayo Owodunni, a native of Nigeria, is the first black person to serve as a city councillor in London, Ontario;…
Crypto Giants are Massively Buying Bitcoin through Binance and Coinbase
Despite uncertain market conditions, two significant Bitcoin firms are reportedly storing BTC at the moment. This year, the benchmark virtual…
Nigeria Orders the Confiscation of the Ex-oil Minister’s Residences and Vehicles.
According to the latest judgement relating to bribery charges against Diezani Alison-Madueke, a Nigerian court has ordered a final seizure…
392K Hectares Of Farmland Destroyed, Bringing The Number Of Affected Nigerians To 3.2 Million.
According to the Nigerian government, 3.2 million Nigerians are currently affected by flooding. It was noted that the government has…
PSBs Must Sell Foreign Currency Gains From International Wire Transfers – CBN.
Payment Service Banks (PSBs) all throughout Nigeria have been given permission even by Central Bank of Nigeria (CBN) to sell…
The United States Enables Non-emergency Personnel to Leave Nigeria.
Due to an increased risk of terrorist attacks in Nigeria, the U.S. State Department approved the departure of non-emergency U.S.…
FG Expects the Remaining 5G Spectrum Auction to Generate $547million.
The commission set the reserve price for the new 5G spectrums at $273.60 million in the Information Memorandum (IM) on…
A Camp for Nigerians Evacuated by Floods is Filled with Suffering.
“The floods in Nigeria have killed more than 600 people, displaced some 1. 4 million people, and damaged or destroyed…
Buhari Instructs FIRS to Impose a Tax on Digital Transactions.
The use of technology to tax all national digital transactions has been mandated by President Muhammadu Buhari. The president reportedly…
Egyptian Climate Activists Fear their Voices will be Silenced at the COP27 Meeting.
The first annual U.N. Climate conference to be held following the relaxation of COVID-19 restrictions is taking place from November…
A Decline in Network Traffic Might Push Ether’s Price Below $1,000.
Over the past four months, Ethereum’s daily active address (DAA) count has significantly decreased. Notably, the price of Ether has…
NPC Census 2023 Task Force Hosted by Beta Computers in Lagos.
A high-powered delegation from the National Population Commission, NPC, visited the BETA Computers facility in Surulere, Lagos; in accordance with…
Ukraine Charges Russia of Impeding the Full Execution of the Grain Agreement.
Ukraine said that seven ships left its ports with grain intended for Asia and Europe; but claimed that Russia was…
NMA Reports 10,296 Nigerian Doctors Practicing in the UK.
According to the Nigerian Medical Association, Nigeria is currently experiencing the worst brain drain in its history; with no less…
China Loans to Kenya Fall for First Time in 20 years
Chinese loans to Kenya have dropped for the first time in 15 years as Beijing adopts more cautious lending in…
137 Nigerians Stranded in Libya are Received by NEMA.
Since January, about 3,000 Nigerians have been evacuated from Libya, according to the News Agency of Nigeria (NAN). Another group…
The Effect of Nigeria’s Manufacturing Sector on Economic Growth.
Production is a phrase that many academics use to refer to manufacturing. According to Sloman (2016), there are three economic…
According to Gas Boss, Ukraine is Headed for the “Worst Winter Ever.”
Winter in Ukraine will be the coldest it has ever been, and it will be distinguished by persistent outages,; According…
Russia Alerts the US and UK to Ukraine’s Plans to Detonate a Bomb.
According to the Russian Defence Ministry, Moscow has spoken with London and Washington; the discussion was about the concern that…
The New Prime Minister of the UK is Rishi Sunak.
The Conservative Party of the United Kingdom has elected Rishi Sunak as its new leader. According to a statement made…