Tag: Nigeria
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Nigeria’s tax agency apologises after Easter message outcry
๐ณ๐ฌ Nigeria’s tax agency has apologised over an Easter message that was criticised as offensive and disrespectful by some Christians in the country. The Federal Inland Revenue Service (FIRS) on Sunday shared a post on X saying: “Jesus paid your debts, not your taxes”, local media reported. The now-deleted post was denounced by a number…
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Nigeria’s Dangote oil refinery could accelerate European sector’s decline
๐ณ๐ฌ Nigeria’s giant Dangote oil refinery could bring to an end a decades-long gasoline trade from Europe to Africa worth $17 billion a year, heaping pressure on European refineries already at risk of closure from heightened competition, analysts and traders said. The refinery started production in January and cost $20 billion to build. It can…
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Four women killed in Nigeria cash handout stampede
๐ณ๐ฌ At least four women were killed in Nigeria in a stampede as a crowd struggled to get cash handouts from a businessman, police say. A 17-year-old girl was also injured in the Sunday incident that happened in the north-eastern Bauchi state. The businessman was issuing 5,000 naira ($3) to each recipient to help them…
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Nigeria to Halt Issuance of Mining Licenses Without Local Value Addition Plans, Declares Minister of Solid Minerals Dele Alake
Minister of Solid Minerals, Dele Alake, has declared that Nigeria will cease issuing mining licenses unless applicants provide approved plans for local value addition. This directive encompasses resources such as lithium and particularly gold, emphasizing the necessity for processing within Nigeria to generate “greater value and benefit to local communities”. Additionally, Alake highlighted the importance…
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Islamic Police in Nigeria arrest 11 Muslims caught eating during Ramadan fast
The Islamic police, known as Hisbah, in Nigeria’s northern state of Kano, detained 11 Muslims for breaking the Ramadan fast by eating. Hisbah spokesperson Lawal Fagge reported the arrest of 10 men near markets and a female groundnut vendor caught eating from her wares. The arrests followed tips from onlookers. “We got 11 persons on…
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Undersea cable failures cause Internet disruptions for multiple African countries
Internet connectivity in several African countries was disrupted today, March 14, 2024. Beginning at approximately 05:00 UTC, west and central African countries were most impacted, as was South Africa. Based on published reports and social media posts from impacted network providers, the disruption is believed to be due to multiple undersea cable failures in the…
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They went to school but ended up as hostages. 287 children are missing in Nigeriaโs forests
ABUJA, Nigeria (PA) โ Security forces swept through large forests in Nigeriaโs northwest region on Friday in search of nearly 300 children abducted from their school by motorcycle-riding gunmen in the latest mass kidnapping, which analysts and activists blamed on the failure of intelligence and a slow security response. The abduction of the 287 children in…
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Binance to stop services in Nigerian Naira amid crackdown on crypto exchanges
Binance will stop all transactions and trading in Nigeria’s local currency after March 8 amid a country-wide crackdown on crypto exchanges that have been blamed by authorities for feeding a black market for foreign exchange. It will stop supporting withdrawals after Friday and any remaining balances in Nigerian Naira will be automatically converted into Tether…
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Suspected insurgents kidnap 50 people in northeast Nigeria
MAIDUGURI, Nigeria, March 6 – Suspected Islamist insurgents kidnapped 50 people, mostly women, in northeastern Nigeria this week, local officials and a resident said on Wednesday, the latest mass abduction by fighters who have waged an insurgency for more than a decade. Boko Haram and Islamic State West Africa Province (ISWAP) fighters have mainly operated…
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West African Resources lifts 10-year gold output forecast
WEST African Resources (ASX: WAF) is the regionโs emerging mid-tier gold producer, targeting +400,000 oz pa production from 2025 from its Sanbrado Gold Operations and Kiaka Gold Project.increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in 2029. Unhedged resources were reported at 12.8…
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