Tag: Nigeria
๐ณ๐ฌ Nigeria: Benue Firm Plans Trust Fund for Young Entrepreneurs
Benue State Investment and Property Company Limited (BIPC) will soon establish the BIPC Trust Fund to provide financial support and resources for young entrepreneurs. The managing director of BIPC, Raymond Asemakaha, made the disclosure on Saturday during a virtual town hall meeting tagged “Advancing Economic Development in Benue State: Our Recent Achievements and the Future…
BUSH BLOW JOB // 2019 LATEST NIGERIAN NOLLYWOOD MOVIES // TRENDING BLOCKBUSTER AFRICAN FILMS
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๐ณ๐ฌ Nigeria’s Resurgent Oil Industry: The Warri Refinery Returns to Life
In a resounding declaration of progress, the Warri oil refinery, once a symbol of Nigeriaโs battered energy infrastructure, roared back to life on December 30, 2024. After nearly a decade of silence, the refineryโs revitalized machinery now churns out 125,000 barrels per day at 60% capacity, a powerful sign of the countryโs ambition to reclaim…
๐ณ๐ฌ Almost 800 arrested over Nigerian crypto-romance scam
Nigeria’s anti-graft agency said it had arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lured victims with offers of romance, then pressed them to hand over cash for phoney cryptocurrency investments. The suspects, including 148 Chinese and 40 Filipino nationals, were detained on Dec. 10 at…
๐ณ๐ฌ Oil Spill Reported at Shell Terminal in Nigeria’s Delta Region
A significant oil spill has been reported at Shellโs Bonny loading terminal in Nigeria’s Delta region following a pipeline rupture, according to the Nigerian Maritime Administration and Safety Agency (NIMASA). The incident, which occurred on Saturday, has caused oil to spread to the shoreline, raising concerns about environmental and community impact. NIMASA confirmed that it…
African Fashion Industry Sees Rapid Growth: A New Era of Global Influence
The African fashion industry is on a remarkable growth trajectory, projected to reach a staggering $70.58 billion by 2024. This expansion is fueled by an annual growth rate of 5.16% until 2028, marking a significant shift in the global fashion landscape. This surge in the African fashion sector is largely driven by the growing international…
๐ณ๐ฌ Nigeria’s House of Representatives is considering a bill to limit the number of federal ministers to 37, local media reports
This measure reportedly aims to reduce costs and improve efficiency in the cabinet of President Bola Tinubu, which currently consists of 45 ministers. The federal lawmaker Mansur Manu Soro, told the media that reducing the cost of governance is crucial. He suggested addressing inequality in the number of ministers appointed from each state and eliminating…
๐น๐ฉ Chad complains it is fighting terrorism โalone” in the Lake Chad Basin
Chadian defence forces have intensified their operations to track down Boko Haram fighters. This follows a deadly attack in late October in which the terror group targeted a garrison in the Lake Chad basin killing about 40 soldiers. In the aftermath, the president launched operation Haskanite. Authorities say they have killed about 100 fighters. “I…
XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations
BTC dropped more than 3.5% from its peak, as profit-taking led to a pullback from the near $100,000 mark late Friday. What to know: Bitcoin (BTC) pared last weekโs gains with a price drop from $98,500 to as low as $95,500 during late U.S. hours on Sunday, before recovering, in a move that sent the…
๐ณ๐ฌ๐ฎ๐ณ India, Nigeria seek to renew long term partnership as PM Modi makes first visit
The Prime Minister of India, Narendra Modi, will be hosted by Nigerian President, Bola Tinubu as he embarks on a state visit to the Aso Rock Presidential Villa on Sunday, November 17. According to a statement issued by the Prime Ministerโs office, Modi will visit Nigeria, Brazil and Guyana on a five-day state visit. Modi…
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