Africa
News stories from Africa…
Dangote Refinery to Sell remaining NNPC 12.7% Stake to Service Loans, Fitch Ratings Warns
In a move to service its significant syndicated loan maturing in August 2024, the Dangote Refinery is planning to divest a 12.75% stake in the company.
This decision was revealed in a report by Fitch Ratings, a … Continue Reading
FG Spends $600m on Fuel Importation Monthly, Says Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that Nigeria spends a staggering $600 million on fuel importation every month. According to him, the high import bill is due to neighboring countries, including … Continue Reading
2024/2025 Admission: JAMB Issues New Directive to all Institutions in Nigeria
The Joint Admissions and Matriculation Board (JAMB) has issued a new directive requiring all Nigerian tertiary institutions to upload their post-UTME screening results onto the Central Admissions Processing System (CAPS).
This initiative is designed to enhance transparency and ensure that … Continue Reading
Kano State Police Detains 6 Polish Nationals, a nigerien and 69 others Over #EndBadGovernance Protests
Kano State Police Command has confirmed the detention of 76 individuals, including a tailor from Niger Republic, accused of manufacturing “Russian flags” used by protesters in the state. The arrests were made in connection with the ongoing #EndBadGovernance protests across … Continue Reading
CBN Greenlights Unity Bank, Providus Bank Merger with Financial Support
The Central Bank of Nigeria (CBN) has granted approval for the proposed merger between Unity Bank Plc and Providus Bank Limited, a move aimed at bolstering the stability of the nation’s financial system and averting potential systemic risks.
According to … Continue Reading
Kenya: Ministry Announces Short-Term Enumerator and Supervisor Jobs: Earn Up to Ksh48,300 in 21 Days
In a recent announcement dated Tuesday, August 6, the Ministry of Labour and Social Protection in Kenya revealed openings for enumerator and supervisor positions, with successful candidates set to serve for a period of 21 days.
Data Collection Roles Across
… Continue Reading
Kano State Mobile Court Remands 632 Protesters Over Alleged Vandalism of Public Properties
A Kano State Mobile Court has ordered the remand of 632 protesters for alleged vandalism of public and government properties during the #Endbadgovernance nationwide protest. The defendants, who were charged with various criminal offenses, including conspiracy, theft, and mischief … Continue Reading
Why Fuel Importers Will Frustrate Dangote Refinery – Obasanjo
Former President Olusegun Obasanjo has sounded a warning to those who may be benefiting from the fuel importation business, cautioning that they will stop at nothing to frustrate the Dangote Petroleum Refinery. In an interview with the Financial Times, … Continue Reading
Don’t spray money, unless… – Ex-Convict Bobrisky Warns Nigerians Against Spraying Naira
Lagos, Nigeria – Idris Okuneye, popularly known as Bobrisky, a controversial cross-dresser and social media influencer, has issued a stern warning to Nigerians against spraying naira notes at parties. The former convict, who was recently released from prison after … Continue Reading
Favour Ofili Sets New Season-Best Time to Qualify for Women’s 200m Final at Paris Olympics
Nigerian sprinter Favour Ofili has secured a spot in the final of the women’s 200 meters event at the Paris Olympics, running a season-best time in the process. The 22-year-old athlete finished second in heat 1, clocking 22.05 seconds … Continue Reading