First Independent Mena Newspaper
Nigeria is studying the currency changes ringing through the West African region and will respond in due course, a statement by a media aide to the Minister of Finance, Budget and National Planning said. “Nigeria has received the news of the change of the UEMOA Currency, the CFA (Communaute Financiere d’Afrique) to Eco supposedly as […]
Nigerian-based fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Founded by consumer internet company Opera, OPay will use the funds to scale up in Nigeria and expand its payments product to Kenya, Ghana and South Africa, the company said in a statement. Incubated by Norwegian-based consumer internet outfit […]
Nigeria, Benin and Niger have established a joint border patrol team comprising the Police, Customs and Immigration authorities of the three countries to recommend a date for the reopening of the borders. Two months ago, the Nigerian government closed its land borders to all goods. According to the country’s Comptroller-General of the Customs Service, Hameed […]
Since King Mohammed VI’s visit to Abuja in 2016, Morocco and Nigeria opened a new chapter under the motto of stronger bilateral relations in favor of regional integration and African south-south cooperation. A forum was hosted in Rabat on November 14 bringing together investors in the agricultural and energy sectors, two cooperation areas that are […]
The gas pipeline project to link Nigeria to Morocco is a strategic undertaking for regional integration in West Africa, said Mrs. Amina Benkhadra, Head of Morocco’s National Office for Hydrocarbons and Mining (ONHYM). This ambitious project will also have positive impacts on the socio-economic development of all countries in the region, said Mrs. Benkhadra at […]
Nigeria Wednesday signed up for 12 Russia-made military helicopters to be used in the fight against Boko Haram, an Islamic State-linked insurgency giving headache to Abuja since 2009. Under the deal, Russia’s Federal Service for Military-Technical Cooperation (FSVTS) will deliver 12 Mi-35 helicopters to Nigeria. The FSVTS did not reveal the value of the deal, […]
The European Union has allocated Nigeria €150 million to help the West African nation meet the challenges of climate change. According to Ketil Karlsen, the head of the EU delegation in Nigeria, the funding will be mainly used to develop renewable energy projects. The EU official also announced that another €8 million will be earmarked […]
Nigerian President Muhammadu Buhari on Tuesday announced a massive reforestation plan, planting 25 million trees in Africa’s most populous nation. Buhari who was speaking at the UN Climate Summit in New York, explained that the objective of this reforestation is to increase the carbon sink in the country. This initiative will also respond to the […]
The 12th edition of the African Games held in Morocco concluded Saturday with Egypt topping the medal table with 273 medals (102 gold, 98 silver and 73 bronze). Nigeria came in the second spot with 127 medals (46 gold, 33 silver and 48 bronze) ahead of South Africa who claimed 87 medals (36 gold, […]
Nigeria partnered with Morocco to achieve its food security through an increase in use of fertilisers, Nigerian President Muhammadou Buhari said. “We are taking our focus on agriculture to the next level,” said Buhari in a tweet. Nigeria has Africa’s largest population standing at more than 160 million people with agriculture representing about 40% […]