Inflation-hit Nigeria to criminalize corn exports to meet local needs

Nigeria’s senate plans to pass legislation to criminalize the export of corn amid concerns over hunger and rising staple prices in Africa’s most populous nation. Nigeria has been grappling with a worsening food inflation which surged to 39.16% in October this year. This inflation has been exacerbated by climate conditions, currency devaluation and the removal […]

Moroccan diaspora in Paris expresses support for Morocco’s intervention in Guerguarat

The members of the Moroccan community settled in France staged Saturday at Place de la République in Paris a demonstration to condemn the Polisario’s acts of banditry in Guerguarat, and to express support for the Moroccan army’s intervention to secure the free movement of people and goods at the crossing point between Morocco and Mauritania. […]

LNG traders hit with huge losses due to LNG plants disruptions in Nigeria, US and Australia

Nigeria’s liquified natural gas (LNG) facility at Bonny Island has seen production decline in recent months as a result of a shortage of natural gas supply due to rampant theft and sabotage of oil and gas pipelines. Also unplanned disruptions at LNG plants in the United States and Australia have wrong-footed traders, including BP and […]