First Independent Mena Newspaper
Nigeria’s state oil company NNPC announced it has hired a firm owned by former militant Tompolo, whose movement’s attacks on facilities in the early 2000s crippled oil production, to protect installations and tackle rampant theft. It was one of five security contracts awarded as theft and pipeline sabotage have cut Nigeria’s oil exports by nearly […]
Following in the UK’s footsteps, also Germany has now signed an agreement to transfer ownership to Nigeria of the Benin Bronzes, among Africa’s most culturally significant artifacts, looted in the 19th century. The Foundation of Prussian Cultural Heritage (SPK) and Nigeria’s National Commission for Museums and Monuments (NCMM) inked the deal on Thursday (25 August) […]
Markets will be re-opened and schools re-built along the shared border between Cameroon and Nigeria after the area was declared free of Boko Haram militants — this is the latest plan presented by governors from both countries. Governor of Nigeria’s Borno state, Babagana Umara Zulum, on Thursday (25 August) said President Muhammadu Buhari instructed governors […]
A sustainable project in Nigeria’s southern Edo state is helping to get the country’s palm oil industry back on its feet decades after it was eclipsed by now leading producers Indonesia and Malaysia. Since the 1960s, when Nigeria was still the world’s top producer of palm oil, the substance that is extracted from oil palm […]
A trade union representing workers in the arts and media industries in Nigeria has appealed to the country’s National Broadcasting Commission (NBC) to rescind its earlier decision to revoke the licenses of 52 broadcast stations. Nigeria’s broadcasting regulator on Friday (19 August) announced it will revoke the licenses of 52 media organizations, including 20 state […]
The Dubai-based Emirates airline will suspend all flights to Nigeria from 1 September after the West African country has failed to repatriate millions of dollars of its funds. The airline said it took the “difficult decision” in order to limit further losses, citing circumstances “beyond our control”, in a statement on Thursday (18 August). Emirates […]
Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]
More cooperation was needed among developing nations to overcome dwindling foreign currency reserves, a growing energy crisis and supply chain disruptions, according to business leaders and officials from eight developing nations meeting in Bangladesh. Representatives from Egypt, Nigeria, Turkey, Iran, Malaysia, Pakistan and Bangladesh under the banner of D-8, or developing eight countries, were discussing […]
The European Union has intensified pressure on Nigeria to supply additional gas to Europe as it attempts to wean itself off Russian gas on the back of Vladimir Putin’s war with Ukraine. With the bloc preparing for potential Russian supply cuts, Nigeria’s Minister of State, Petroleum Resources, Chief Timipre Sylva, has called for collaboration with […]
The International consulting firms ILF and DORIS Engineering have been chosen to conduct phase II of the FEED (Front End Engineering Design) study of the Morocco-Nigeria gas pipeline project, a key strategic undertaking for Africa’s energy development and sovereignty. The onshore and offshore gas pipeline will cross the land and waters of 16 countries along […]