Tag: Nigeria

Nigeria Regains Top Spot In Africa’s Oil Upstream Investment

Ganiyu Amodu

Nigeria has reclaimed its position as Africa’s leading oil upstream investment destination, overtaking Angola despite the latter’s continued investment in major deepwater developments. Data sourced from Wood Mackenzie, Nigeria topped the continent’s upstream capital expenditure (capex) rankings in 2024, driven by a series of incremental deepwater projects and sustained activity in its rich offshore basins. The country outpaced Angola, which had held the position in recent years, by capitalising on major oil projects such as the Agogo-Ndungu development by Azule Energy, and the ongoing work on TotalEnergies’ infill projects –…

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Nigeria’s Govt Destroys Lives, I Don’t Want Britain To Be Like That, Says Badenoch

Ganiyu Amodu

UK Conservative party leader Kemi Badenoch says she does not want Britain to be like Nigeria, a poor country where terrible government destroy lives. In her first speech of the year on Thursday, Ms Badenoch explained her push for “real conservatism” that guarantees a “better, richer and safer” tomorrow for the younger generation of Brits. “Why this matters so much to me is because I know what it is like to have something and lose it. I don’t want Britain to lose what it has,” said Ms Badenoch. “I grew…

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From Nigeria to Brazil: Akara Finds Global Fame, Annual Celebration

Ganiyu Amodu

+ What you need to know about Acarajé Festival, an annual festival held in Rio de Janeiro   A traditional Nigerian dish, Akara, has become an integral part of Brazilian cuisine, earning an annual celebration known as the Acarajé Festival. The dish, a deep-fried cake made from beans, was reportedly introduced to Brazil by enslaved West Africans, who were taken from their homelands to South America decades ago. In West Africa, particularly in Nigeria, Akara is a staple food that can include various fillings such as fish, eggs, and vegetables.…

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Nigerian Govt Approves Air Peace, Fly-Nas, Max Air, UMZA For 2025 Hajj Operations

Ganiyu Amodu

The Federal Government has approved four airlines as official air carriers to transport intending Nigerian pilgrims for the 2025 hajj in the Kingdom of Saudi Arabia. The Executive Chairman, National Hajj Commission of Nigeria (NAHCON), Prof. Abdullahi Usman, made this known in a statement by the commission’s Assistant Director, Information and Publication, Mrs Fatima Usara, on Sunday in Abuja. Usman explained that the four airlines were selected out of the 11 companies that submitted applications to transport Nigerian pilgrims to Saudi Arabia for Muslims pilgrimage. According to Usman, the four…

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Nigeria Bans Homosexuals And Lesbians From Military Service

Ganiyu Amodu

Homosexuality, lesbianism, bestiality, cross-dressing, body piercing, tattooing, disorderly behaviour, and drunkenness, among others, have been banned from the Nigerian armed forces in a comprehensive review of the “Harmonised Armed Forces Terms and Conditions of Service” approved by President Bola Tinubu. The revised directive, signed on 16 December 2024, outlines strict conduct guidelines for officers, stressing professionalism and decorum on and off duty. “An officer must not engage in homosexuality, lesbianism, and bestiality. He/she is not to belong to, or engage in activities of the Lesbian, Gay, Bisexual, Transgender or Trans,…

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Nigeria, China Mull Military Equipment Production Deal

Abibat Babalola

President Bola Tinubu on Thursday urged the government of the People’s Republic of China to increase the $2 billion currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review of the $50 billion aid package for Africa, which China’s President Xi Jinping announced last year. China and Nigeria recently renewed their currency swap agreement, valued at 15 billion yuan (approximately $2 billion), to enhance trade and investment. Receiving the Minister of Foreign Affairs of China, Wang Yi, at the State…

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Nigeria Embargoes Hajj Subsidy Ahead 2025 Pilgrimage

Ganiyu Amodu

Muslims intending to travel to Saudi Arabia for the 2025 Hajj may have to pay more as the federal government of Nigeria has suspended subsidies for Hajj payments. The National Hajj Commission of Nigeria (NAHCON) confirmed the development in a statement issued on Monday through the commission’s spokesperson, Fatima Sanda Usara. It is worth noting that the government subsidies typically come in the form of a concessionary exchange rate, enabling pilgrims to purchase dollars at a lower rate from the Central Bank of Nigeria (CBN). However, Usara announced, “There will…

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Independence Day: Nigeria Declares Tuesday Public Holiday

Ganiyu Amodu

The Federal Government has declared Tuesday, October 1, 2024, a public holiday to commemorate the nation’s 64th Independence Day. The Minister of Interior, Olubunmi Tunji-Ojo, made the declaration on Saturday on behalf of the Federal Government in a statement issued by the Permanent Secretary in the ministry, Dr Magdalene Ajani. Tunji-Ojo congratulated Nigerians at home and abroad on this occasion and praised the patient and hardworking Nigerian men and women, stating that their sacrifices would not be in vain. READ ALSO When Your Son-In-Law Beats Your Daughter, By Funke Egbemode…

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Why, How Nigeria, USAID Inked N115.2Bn Electricity Deals

Rofeequr Adeola--Yusuf

Minister Adelabu; USAID/Nigeria Mission Director, Melissa Jones; Permanent Secretary, Mahmuda Mamman – Line-up of dignitaries and what they said at the net-zero carbon emissions enabling event The Nigerian government and the United States Agency for International Development (USAID) have signed a Memorandum of Understanding (MOU) on the effective implementation of N115.2 Billion for Electricity Reforms and Clean Energy Transition in the country. Platforms Africa reports that this was contained in a statement by Chinwe Udouwem, Chief information and Public Relations Officer, ministry of power. Speaking at the event, which, according…

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Nigeria Wins Bid To Host $5Bn African Energy Bank

Ganiyu Amodu

. ‘Coming to Abuja,’ How bank will be situated in country’s capital   Nigeria has successfully secured the bid to host the headquarters of the newly established $5 billion African Energy Bank (AEB) in its capital city, Abuja. This is contained in a statement by the State Minister for Petroleum Resources (oil), Heineken Lokpobiri, on Thursday via his official X account. Lokpobiri said that the bank would play a crucial role in financing and advancing energy projects across Africa, promoting innovation, sustainability, and economic growth. Nigeria emerged as the preferred…

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