Africa Americas Finance Headlines International Technology

Nigeria fines Meta $220 million for breaching data law

Nigerian authorities fined Meta, the mother company of Facebook, whatsApp and Instagram, 220 million dollars for breaching consumer and data protection laws as well as abusing its position as market leader. The fine was announced following a 34-month investigation by Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC). Meta is also accused of sharing Nigerians’ […]

Africa Features Headlines International

Kenya’s Gen Z inspires youth-led protests across Africa, putting leaders in Nigeria, Uganda in panic mode

From Nigeria to Uganda, leaders from across Africa are watching closely the youth-led anti-government protests in Kenya that, according to experts, could inspire youth across the continent. Kenyan President William Ruto on Friday (19 July) appointed the first 11 members of his new cabinet, but he has yet to appoint a finance minister, under whose […]

Africa Asia Business Emerging Markets Headlines International

UAE to resume issuing visas to Nigerians

The UAE will resume issuing visas to Nigerian nationals following a ban that was imposed in 2022, after Nigerian authorities prevented Fly Emirates from repatriating funds. The decision was announced by Nigeria’s information minister Mohammed Idris, who added that the two countries would resume direct flights. “I can tell you that the agreement has been […]

Africa Energy Headlines International

Nigeria on way to cut dependence on imported refined oil

Nigeria’s oil regulator (NUPRC) reached a deal with producers to ensure steady supply of crude to local oil refineries, a move that would help the country cut dependence on imported fuel. Africa’s richest oil country imports most of its refined oil needs partly due to oil majors demanding excessive premiums or saying they had no […]

Africa Emerging Markets Energy Headlines International

Nigeria beats Algeria in bid to host $5 billion Africa Energy Bank

Oil and gas rich Nigeria has defeated Algeria and other competitors, after it was chosen as the host of the newly created Africa Energy Bank, worth $5 billion. In hosting the new lender, Nigeria will become “at the forefront of Africa’s energy future,” said Nigerian oil minister Heineken Lokpobiri. The new bank aims to address […]

Africa Headlines International

Cameroon, Nigeria agree to peacefully settle border dispute without ICJ involvement

Cameroon and Nigeria announced they have opted to peacefully settle their decades-long border disputes by 2025 and would thus no longer require the International Court of Justice (ICJ) to consider the case and issue a ruling to settle the matter. Rather, the two nations said, joint delegations will validate a demarcation plan on site to […]

Africa Features Headlines International

Nigeria enacts curfew after multiple suicide bombings killed or injured dozens

The Nigerian military imposed a curfew in Borno state after suspected female suicide bombers targeted a wedding, a funeral and a hospital in the restive Borno region, killing at least 18 and injured 30 others. Coordinated suicide attacks reportedly orchestrated by Boko Haram claimed the lives of at least 18 people, injuring 42, targeting selected […]

Africa International

Multiple suicide bombings kill 18 people in north-east Nigeria

A series of suicide bombing left 18 people dead in Bono state in north-east Nigeria, an area where Boko Haram operates, according to an official tally. The attacks were perpetrated by three women, hitting a wedding, a funeral service, and a hospital in the town of Gwoza in Borno state, a region long plagued by […]

Africa Emerging Markets Headlines International Morocco

Morocco-Nigeria: OCP Africa supports Gombe State promote farming

OCP Africa, a subsidiary of Morocco’s OCP Group, recently signed a memorandum of understanding with the State of Gombe to support the agricultural sector in this northeastern region of Nigeria. OCP Africa will provide its support to the State of Gombe, Nigeria, for the development of its agricultural sector, the subsidiary of the OCP Group, […]

Africa Headlines International

Nigeria sends peacekeepers to Gambia

Nigeria said it will deploy 197 peacekeepers to Gambia to back the ECOWAS’s peace and stability mandate. Troops from ECOWAS entered The Gambia in January 2017 following long-time Gambian President Yahya Jammeh’s refusal to step down after losing the 2016 presidential election to Adama Barrow. This intervention ultimately resolved the 2016-17 Gambian constitutional crisis, and […]