Polish ambassadors requested the release of seven people who were detained in Nigeria on Friday amid ongoing protests in the West African nation, citing their
Category: Africa
South Africa’s “construction mafias” lay siege on projects, scaring away investors. – Minister.
The nation’s new minister of public works and infrastructure claimed on Friday that strong, politically connected “construction mafias” deter investors and stall infrastructure projects essential
Facebook deletes 63,000 Nigerian Yahoo boys’ profiles for sexual extortion scams.
In addition to sites and organizations attempting to coordinate, enlist, and teach new con artists, Meta claims to have removed over 63,000 Facebook profiles involved
Nigeria hikes rates as inflation bites, after approval of 6.2tr naira additional spending.
In response to rising inflation that reached a 28-year high and further pressure on the naira on both the official and black markets, Nigeria’s central
Nigeria’s Dangote refinery abandons NNPC crude for Libya and Angola.
To get around issues with local supply, Nigeria’s Dangote refinery is in negotiations with Libya to get crude for the 650,000 barrels per day (bpd)
International gang busted in South Africa over multi-million dollar industrial meth lab.
In one of the largest drug busts in the history of the nation, South African police have discovered an industrial-scale meth manufacturing facility and have
Nigeria fines Meta platforms $220m for violating privacy laws.
Nigeria’s competition watchdog announced on Friday that Meta Platforms had been fined $220 million. The inquiry revealed that data-sharing on social media platforms had breached
The Nigerian Naira hits a new low of N1,612.50 to the dollar on the official market.
To support the currency, Nigeria’s central bank sold dollars to retail exchange bureaux on Thursday for 1,450 naira. It claimed that anomalies in the retail
TotalEnergies exits Nigerian onshore oil by transfer of assets to Chappal Energies for $860m.
For $860 million, the French energy giant TotalEnergies sold Chappal Energies, located in Mauritius, its minority stake in a significant onshore oil joint venture in
Ghana’s devastated cocoa season throws global trading houses to over $1b loss.
Trading firms that rely on cocoa derivatives could lose at least $1 billion and traders were forced to unwind short bets in a surging market
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