First Independent Mena Newspaper
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 […]
A Nigerian governor has identified Libya as the training ground of the perpetrators of an armed attack on a Catholic church in the southwestern state of Ondo, Sunday. Al Wasat reports. Oluwarotimi Akridolo who rules the state where the attack took place said that the perpetrators of the armed attack on the church i were […]
The Federal Executive Council (FEC) under the Nigerian Presidency has authorized the Nigerian National Petroleum Corporation (NNPC) to enter into an agreement with ECOWAS for the construction of the Nigeria-Morocco gas pipeline. Minister of State for Petroleum Resources, Timipre Sylva, informed State House officials of the decision after the FEC meeting, chaired by Vice President […]
The OPEC Fund for International Development (OFID) will contribute $14.3 to the funding of the second phase of the Front-End Engineering Study (FEED) of the Nigeria-Morocco Gas Pipeline project. The legal documentation relating to the $14.3 million financing granted by the OPEC Fund to the National Office of Hydrocarbons and Mines (ONHYM) was signed Friday […]