Tag: Nigeria

Nigeria, Egypt Ranked Among Countries With Lowest Salary Earners Worldwide + FULL LIST

Ganiyu Amodu

The founder of FounderPass, Max Bramwell, has shared a list ranking countries according to the global highest and lowest average salaries. Bramwell identified Tunisia, Libya, Algeria, Bangladesh, Iran, Nepal, Sri Lanka, Venezuela, Pakistan, Egypt, and Nigeria as having the lowest salaries after tax. Investigating the underlying reasons for these income gaps, Bramwell raised queries such as: “How does your salary compare to the national average? How much could you be making if you moved to another country? “From nations with some of the highest average salaries like Switzerland and Luxembourg…

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Niger Republic Reopens Border With Nigeria

Ganiyu Amodu

Niger Republic has reopened its border with Nigeria in the regions of Diffa, Tahoua, Maradi and Dosso. The land border between the two neighbors was closed following the coup d’état of July 26 and the ECOWAS sanctions that followed. In a radio message broadcast on social networks, on Thursday, the Nigerien Ministry of Interior instructed the governors of these border regions to reauthorize the reopening at exactly 12:00 midnight. The ministry also directed the affected governors to strengthen controls and security along the 1,500 kilometers stretch land demarcation. READ ALSO…

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Nigeria, Germany Ink Deal To Accelerate Siemens Power Project

Ganiyu Amodu

Nigeria and Germany have signed an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The signing ceremony, which was presided over by President Bola Tinubu and the German Chancellor, Mr Olaf Scholz, took place on the sidelines of the ongoing United Nations Climate Conference (COP28) in Dubai, the United Arab Emirates. The agreement was signed by Mr. Kenny Anuwe, the Managing Director and CEO of FGN Power Company, and Ms. Nadja Haakansson, Siemens Energy’s Senior Vice President and…

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Nigeria, Germany Ink $500m Renewable Energy, Gas Deals

Ganiyu Amodu

ABUJA — The burgeoning economic partnership between Nigeria and Germany witnessed further expansion and strengthening yesterday as two important agreements were signed among businesses from both countries. Speaking at the 10th German-Nigerian Business Forum in Berlin, Germany, President Bola Tinubu said with resilient democracy, Nigeria was well primed to attract foreign direct investments. The President witnessed the signing of two Memoranda of Understanding, MoU: one on the supply of gas from Nigeria to Germany and another for $500 million worth of renewable energy projects in Nigeria. The signing of MoUs…

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She Broke Nigeria’s Varsity 42-year-Record, Bagged 4.0 Perfect Grade in US Varsity

ADEOLA YUSUF

The Inspiring Journey of Fatima Akinola, the Nigerian Lady Know for her Brilliance in Mathematics. This is the story of Fatima Akinola, a Brilliant Lady who in 2017, broke a 42-year record of Usmanu Danfodiyo University (UDUSOK), Sokoto State, Nigeria, by being the first to graduate with a First Class in the Department of Mathematics, a course she didn’t even apply to study. Fatima didn’t stop there as she also graduated with a perfect CGPA of 4.0 out of the entire 4.0 CGPA in a University at the United States…

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Fraudsters Hack Into Firms’ Accounts in Nigeria, Others, Steal $11M

Ganiyu Amodu

    A gang of hackers, OPERA1ER, stole at least $11m from companies in Nigeria, Benin, Cameroon, 11 other African countries, and Argentina. This is according to a new report from Group-IB, a cybersecurity firm, entitled, “OPERA1ER: Playing God without permission,” in collaboration with the researchers from Orange CERT Coordination Center. The firm disclosed that digital forensic artifacts analysed by it and Orange followed more than 30 successful intrusions of the gang between 2018 and 2022. READ ALSO: Fraud alert: Cyber Fraudsters Clone Lagos Gov Sanwo-Olu’s Accounts Hushpuppi Jailed, Bags…

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Why, How Nigeria Dropped To 32nd Spot On FIFA Rankings

Ganiyu Amodu

Brazil, Belgium, Argentina; List of Top 10 Footballing Nations on FIFA Rankings   The Nigeria national football team dropped one step in the latest edition of the monthly FIFA rankings released on Thursday. The Super Eagles, who were in the 31st position in the August rankings and fourth on the continent, dropped to the 32nd spot in the world while still maintaining their position amongst African teams. READ ALSO: Fuel Queues Rock Abuja, NNPC Gives Reason Nigeria Declares Monday, October 10, Public Holiday Four Cough Syrups Manufactured In India Killed…

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MyFundAction Distributes 200 Qur’an to Children in Minna

Daniel Atori

Why we did it what we did under Quran Waqaf Program for Africa – organiser MINNA: An Islamic charitable organisation under the auspices of MyFundAction, Nigeria has on Friday distributed two hundred (200) copies of the Holy Quran to two Islamic schools in Minna. While rolling out its Qur’an endowment distributions drive in Niger State, Nigeria under the theme Quran Waqaf Program for Africa organised by MyFundAction in collaboration with Madarasatu Abi Musa Al’ash’ari, Tunga- Minna, the religious group disclosed that the gesture is to ensure that “we have a…

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Nigeria, Six Others Suffer Oil Production Decline – OPEC

Abibat Babalola

Angela’s oil production climbs to 1.17m bopd in May The Organisation of the Petroleum Exporting Countries has released a fresh report on crude oil production of its member countries, indicating that six countries increased their crude oil output while seven countries declined in production. The information was contained in OPEC’s Monthly Oil Market Report for May 2022, obtained by the News Agency of Nigeria. The report showed that crude oil output increased in Saudi Arabia, United Arab Emirates, Kuwait, Angola, Algeria and Congo, while production in Libya, Nigeria, Iraq, Gabon,…

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Nigeria, Others Need $15.7bn to Upgrade Existing Refineries – Refiners Group

Ayobami Adedinni

The African Refiners and Distributors Association (ARDA) has said Nigeria and other African countries would need at least $15.7 billion to upgrade existing refineries in their bid to reduce sulphur content. Speaking at the second Refining and Specifications Virtual Workshop organised by the ARDA, the association noted that the upgrade was necessary to ensure that Africa embraces cleaner sources of fuels. The Executive Secretary of ARDA, Anibor Kragha, noted that adoption of harmonised specification would halt importation of fuels not meeting the AFRI specs into Africa. READ ALSO: Caleb Varsity…

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