Americas Asia International

Africans still see China favorably, but prefer US as global superpower — survey

China is still seen favorably by many in Africa, where it is vying for influence with Washington, though, worldwide, support for Beijing has undergone a sharp decline, a new global public opinion survey of people in 25 countries has revealed. The survey by the Britain-based YouGov-Cambridge Globalism Project that asked people about their opinions on […]

Energy International

Nigeria: President calls for more investments in oil & gas

Nigeria’s President Muhammadu Buhari has urged local and foreign investors to inject money into the country’s oil and gas sector undergoing reforms, reports say. Speaking at the commissioning of Pinnacle Oil and Gas Limited’s Lekki Free Trade Zone Terminal in Lagos, the Nigerian President said that the operation of the new facility will lower the […]

Blogs Community

Terrorists to stage attack in Nigeria’s capital, Western embassies warn

The United States and other Western embassies on Monday (24 October) advised their citizens to limit travel to Nigeria because of an increased threat of terrorist attacks, although Nigerian authorities sought to reassure them. A note issued by the US embassy warning its citizens of “a high risk of terrorist attacks in Nigeria, particularly in […]

Business Headlines International Morocco

Morocco’s OCP Group inaugurates state-of-the-art fertilizer blending plant in Nigeria, its first on the continent

The OCP Group has inaugurated in Kaduna, Northern Nigeria, a state-of-the-art fertilizer blending plant, its first on the continent. Extending over 10 hectares, this facility houses a blending unit with a production capacity of 120 tons per hour; a 25,000-ton storage unit; a modern training center dedicated to the various partners; a laboratory equipped with […]

Business Finance

World’s worst-performing currencies: Ghana’s cedi, as Nigeria’s naira, SA’s rand also struggle

Ghana’s cedi slumped over the last three days to become the world’s worst-performing currency this year as investors continued to squeeze foreign capital into the West African country. The currency of the world’s second-biggest cocoa producer depreciated as much as 3.3%, which took its losses this year to more than 45%, the most among 148 […]

Blogs Community

Severe floods in Nigeria kill more than 600, slow shipments of aid

The heavy flooding in Nigeria, which has covered farms and roads and slowed shipments of food and fuel, has now displaced more than 1 million people from their homes, with the death toll already surpassing 600. The country’s authorities are struggling to free up the gridlock, as a jump in prices is already making life […]

Africa International

Ethiopian Airlines-led consortium to help newcomer Nigeria Air take-off

Ethiopian Airlines, Africa’s largest air carrier by fleet size, is reviving Nigeria’s bid for a national flag carrier, as it seeks to build its regional network and add to its portfolio of stakes in airlines across the continent. After many failed attempts to launch a profitable airline, Nigeria’s federal government has enlisted Ethiopian Airlines to […]

Blogs Community

Cameroon, Nigeria to join Ivory-Ghana-led Cocoa cartel, boosting growers’ leverage

Cameroon and Nigeria have requested to join the Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI), a joint body spearheading the interests of the two countries in the Cocoa trade — if both countries are admitted, the initiative will represent about two-thirds of global Cocoa production. The initiative was set up after a 2018 declaration by Ivory Coast […]

Energy Headlines

Europe rushes to Africa for natural gas in bid to find alternative to Russia

A new liquefied natural gas project near Senegal and Mauritania’s coastlines may only be 80% complete, but the prospect of a new energy supplier has already drawn visits from several European leaders, scrambling to secure alternative sources after Moscow has reduced natural gas flows to EU countries. While Africa’s natural gas reserves are vast and […]

Uncategorized

Nigeria’s worst floods in a decade displace more than 1.4 million, kill 500

At least 1.4 million people have been displaced and 500 killed in Nigeria in the worst flooding in a decade, which has affected nearly all of Nigeria’s states with 90,000 homes having been partially or completely destroyed, according to Nigerian officials. The Permanent Secretary of Nigeria’s Ministry of Humanitarian Affairs and Disaster Management, Nasir Sani-Gwarzo, […]