Browsing Tag

Nigerian

Nigerian Firm Secures Major Refinery Project in Trinidad

Stuart Young, the Acting Prime Minister of Trinidad and Tobago, recently highlighted a major factor that set Nigerian oil company Oando apart from other bidders vying for ownership of the Guaracara Refinery. Their robust financial backing, evidenced by their ability to secure sizable investments in the upstream oil sector, gave them an undeniable advantage. But what does it really mean to have such financial muscle, and how does it influence a bidding process? Young, who also serves as the Minister of Energy,…

Nigerian Forces Face Fresh Hurdles Post-Ecowas Withdrawal

On a pivotal Wednesday in Abuja, Air Marshal Abubakar took center stage at the First Quarter Meeting to address Branch Chiefs, Air Officers Commanding, and Commanders. With an earnestness that captured everyone's attention, he broached the pressing matter of security challenges following the recent withdrawal of several countries from the newly established Alliance of Sahel States (AES). This shift, according to the Air Chief, isn't just a procedural hiccup but a monumental disruption to…

Nigerian Authorities Detain 378 Undocumented Migrants from Four African Countries

Unveiling the Human Mosaic Beyond Borders In the quiet corners of Ogun State, nestled amidst the clamor of daily lives, a discreet yet significant operation unfolded. The The Punch reported on a multi-faceted immigration sweep carried out with precision and purpose by officers from both the Ogun State Command and Zone A headquarters. Their mission? To address the lacunae in border management and the movement of undocumented individuals seeking an elusive place in the Nigerian sun. At the…

USAID-Sponsored Drugs Found in Nigerian Markets by Regulator

In what could be likened to a scene from a suspense-thriller, Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) unearthed a significant stockpile of USAID-funded medications and expired drugs during a recent sweep in Lagos State, a bustling epicenter of commerce in Nigeria. Imagine the sight: 87 truckloads laden with banned, expired, and subpar medicinal products were intercepted. Included were antiretroviral drugs as well as male and female condoms, many of…

Nigerian Government Allocates $8 Billion to Reinforce National Currency Stability

The Nigerian government is navigating turbulent economic waters with a decisive move to bolster the Naira. By injecting more than $8 billion into the economy, authorities aim to restore confidence in the local currency. This significant capital infusion has already shown promising effects, as the Naira has begun to regain strength across the foreign exchange market. Yet, amidst this nascent recovery, a sense of caution looms large. Economists caution against complacency, suggesting that this newfound appreciation may be…

IUX Transforms Trading with Cutting-Edge Technology and Expansion into Nigerian and Ghanaian Markets

Isn't it fascinating how the world of trading never sleeps? From bustling commercial centers to evolving markets in emerging economies, the opportunities to engage in financial trading are vast. IUX, a trailblazer in this landscape, offers a platform that exemplifies transparency and innovation. As a fully regulated brokerage, IUX Markets ZA (PTY) Ltd boasts authorization from the Financial Sector Conduct Authority (FSCA) in South Africa, under FSP No 53103. Its credibility extends further with IUX MARKETS (MU) LTD being…

Nigerian Artist Tems Halts Rwanda Tour Due to Ongoing Tensions in DR Congo

In an unexpected turn of events, the acclaimed Nigerian artist Tems, recognized globally for her Grammy-winning talents, has opted to cancel her highly anticipated “Born in the Wild” tour performance in Rwanda. This decision, grounded in complex geopolitical realities, spotlights the nuanced interplay between art and international conflict. Tems was set to grace the stage at the BK Arena in Kigali on March 22, 2025, a date that many fans had circled in red ink on their calendars. The excitement surrounding her performance…

Nigerian Government Issues Alert on Growing Trend of Skin Lightening

In a bold stance against the perils of beauty standards, the government has issued a resounding caution against the rampant use of skin bleaching products both within the nation and beyond its borders. This warning comes despite the glaringly obvious—yet often ignored—dangers associated with these products. During a recent forum aimed at shedding light on this troubling trend, the Minister of State for Health and Social Welfare, Iziaq Salako, expressed his deep concern over the pervasive presence of skin lightening creams,…

Outrage Erupts Over Nigerian Army Airstrikes Resulting in Civilian Deaths

In a tragic turn of events, human rights organizations are up in arms over a recent series of army airstrikes in Nigeria's northeast region, where military forces have been embroiled in a longstanding conflict against various armed insurgents. These air raids, described as "accidents" by military leaders, have led to the heartbreaking deaths of at least 15 innocent civilians—an event that has sparked outrage and disbelief among local communities and international observers alike. General Christopher Musa, the army chief, is…

Nigerian Advocacy Organization Refutes Abortion Claims Made by Reuters

The Nigerian government recently expressed its approval of a report that concluded there was "no evidence" to support claims that military personnel engaged in illegal abortions targeting Islamist insurgents in clandestine operations. The Nigeria Human Rights Commission, which operates with governmental oversight, undertook a thorough investigation after three reports by Reuters surfaced in December 2022. These reports made serious allegations against the Nigerian military, suggesting the existence of a covert, systematic…

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