Mureni Sanni Alakija took out a loan to build a new house after his old house was swept away by an ocean surge in 2011.
Category: Africa
Shell’s asset sale has been halted by Nigeria’s Supreme Court pending the conclusion of $2b appeals.
The Supreme Court of Nigeria has maintained a lower court order prohibiting Shell Plc from selling its assets in Nigeria until a dispute between the
Africa has limited time to profit from Hydrocarbon. – IEA
The International Energy Agency warned on Monday that Africa must act rapidly to capitalize on its massive natural gas reserves, which the world will only
IATA says Nigeria is preventing the repatriation of $450 million in earnings by foreign airlines.
According to an executive at the world’s largest airline association, Nigeria is withholding $450 million in revenue generated by international carriers operating in the country.
Britain may opt-out of EU HR laws to save Rwanda migrants deportation plan – PM Johnson.
The European human rights court granted last-minute injunctions to prevent the deportation of the few migrants on board, thus Britain’s first flight to Rwanda did
Nigeria loses a $1.7b oil trial to JP Morgan in Britain.
JP Morgan Chase has won a $1.7 billion London High Court lawsuit against Nigeria over a disputed oilfield agreement from 2011. The civil lawsuit, which
Egypt’s finance minister says high oil and wheat prices will cost the country around $10 billion.
The Egyptian budget will lose $7.2 billion if oil prices remain at $122 per barrel, according to Finance Minister Mohamed Maiit, who spoke to CNBC
Trauma, horror & pain follow the massacre in the Nigerian Catholic church.
According to church officials and witnesses, while assailants opened fire on attendees inside a Catholic church in southwestern Nigeria, other gunmen waited outside to shoot
Gunmen and Bomb explosions killed over 60 parishioners during church service in Owo, Ondo State Nigeria.
On Sunday, gunmen opened fire on a Catholic church in Ondo state, southwestern Nigeria, killing many people, according to local media. “Several worshippers were brought
Zambia’s debt trap reveals China’s debt-relief diplomacy and military expansion strategy.
According to three sources familiar with the situation, China’s lack of expertise with difficult debt restructurings and delayed coordination among its state lenders is delaying
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