Regional News
Why amnesty for Boko Haram fighters is ineffective -NHRC boss – Daily Trust
The Executive Secretary/CEO of the National Human Rights Commission (NHRC), Dr Anthony Ojukwu, has said the policy of amnesty for repentant Boko Haram is not effective due to the seeming abandonment of the victims of the insurgency. He said this on Wednesday in Abuja at the 5th 2024 National Summit on Mass Atrocities, organised by Global Rights-Nigeria and Open Society-Africa, with the theme ‘A Standing Responsibility to Protect’.
Nigerians protest high cost of living as police arrest nearly 700 | Africanews
Nigerian security forces on Saturday fired bullets and teargas at several journalists and protesters during demonstrations against the country’s economic crisis in the capital city, Abuja, according to journalists at the scene. It was not immediately confirmed whether the projectiles fired at journalists were rubber or live rounds. But the AP witnessed the aftermath of the attack, including bullet holes in a car belonging to one of the journalists as well as live bullets at the scene of the protests.
Chad’s military responsible for deaths of 2022 protests detainees | Africanews
Chad’s military was responsible for the deaths of several detainees arrested following protests in October 2022, Human Rights Watch said Tuesday. At least four people died en route to Koro Toro prison and six others died there, and it was not clear where another man died, the group said in its report, adding that the real toll was likely much higher. At the time, security forces in the central African nation fired live ammunition, killing at least 60 people during demonstrations against interim leader Mahamat Deby Itno’s two-year extension of power. The unrest was unprecedented in Chad, which saw little public dissent during the regime of Deby Itno’s father, who ruled for more than three decades until his assassination in 2021. Hundreds were detained and taken to Koro Toro, about 600 kilometers (around 370 miles) from N’djamena, the capital.
Borno State Governor, Prof. Babagana Umara Zulum, has launched the 2024 tree planting campaign, aiming to plant 10 million seedlings. The event took place on Tuesday in Kawuri Community, Konduga Local Government Area. Engr. Emet Kiose, Borno’a Commissioner for Environment, welcomed guests and explained that the campaign aims to control desertification in the state. He appealed to NGOs, clubs, associations, and the public to obtain seedlings from the ministry for planting.
Protest: Police to deploy security to protect public institutions – Daily Trust
The Nigeria Police Force has announced enhanced security measures for public institutions and the residences of prominent Nigerians in response to recent destruction caused by miscreants during the nationwide hunger and bad governance protests. Deputy Inspector General of Police (DIG) for Finance and Administration, Bala Ciroma, made the announcement during an on-the-spot assessment in Azare, Katagum LGA of Bauchi State yesterday.
Participants of Services’ War Colleges on Wednesday, concluded the Strategic National Exercise/Joint Operations Planning Exercise, nicknamed “Ex SKY LOCK,”. The exercise is designed to promote joint operations and enhance national security response, The Commandant of the Naval War College, Rear Adm. Abdullahi Ahmed, said the exercise is aimed to equip participants with skills to effectively respond to contemporary security challenges facing Nigeria.
The Nigeria Immigration Service (NIS) has suspended Okpravero Ufuoma, an Assistant Superintendent of Immigration II (ASI II) for allegedly soliciting financial gratification from a traveller. NIS’s Comptroller General, Kemi Nandap, made this known in a statement issued by the service’s Public Relations Officer, Kenneth Udo, on Thursday in Abuja.
Nigeria detains tailors who made Russian flags for anti-government protests | Reuters
ABUJA, Aug 6 (Reuters) – Nigeria has detained some tailors for making Russian flags that were waved during anti-government protests this week in northern states, the state secret police said, in a move that underscores concerns about increased Russian activity in western Africa. The Department of State Services (DSS) also said in a post on X that it had detained some of the tailors’ “sponsors”, without elaborating. It said an investigation was ongoing. It did not say how many tailors or “sponsors” had been detained.
U.S. military completes withdrawal from key drone base in Niger | Reuters
WASHINGTON, Aug 5 (Reuters) – The United States military has completed its withdrawal from air base 201 in Niger, officials said on Monday, after Niger’s ruling junta ordered nearly 1,000 U.S. military personnel to leave following a coup last year.
Air base 201, a drone base near Agadez in central Niger that was built at a cost of $100 million, had provided crucial intelligence about Islamist militant groups before the coup. A joint statement from Niger’s defence ministry and the U.S. military said personnel and equipment from the base had been withdrawn and coordination would continue over the coming weeks to make sure the pullout is complete.
Niger follows Mali, cutting ties with Ukraine over support to rebel groups (rfi.fr)
Niger said Tuesday it was cutting ties with Ukraine “with immediate effect”, accusing Kyiv of supporting “terrorist groups”. “The government of the Republic of Niger, in total solidarity with the government and people of Mali, decides in complete sovereignty to sever diplomatic relations between the Republic of Niger and Ukraine with immediate effect,” government spokesman Amadou Abdramane said in a televised statement. He added that Niger would ask the UN Security Council to debate Ukraine’s “aggression”. On Monday Mali cut ties with Ukraine after the Ukrainian intelligence agency admitted that it had been involved in providing information to Tuareg separatists during a military engagement in the north of Mali at the end of July.
Armed with a protest sign, 20-year-old Samuel Adeleke joined a crowd of angry Nigerians gathered in Ikeja, the heart of Nigeria’s commercial capital Lagos, on Thursday morning. Passing through nearby residential areas, the few hundred protesters raised placards decrying the high cost of food and rising cost of living, while pumping their fists in the air and chanting songs to urge more people to join them.
Nigerians return to the streets despite President’s plea | Africanews
Nigerians in Lagos took to the street on Monday to continue the economic harship protest despite President Tinubu’s plea for suspension of the demonstration. The protests, tagged
UPDATED: Security operatives raid NLC headquarters – Official (premiumtimesng.com)
The Nigeria Labour Congress (NLC) has announced that armed security operatives raided its headquarters in Abuja on Wednesday night.
NLC spokesperson Benson Upah said the ‘heavily armed’ security operatives broke into the second floor and “ransacked the bookshop… carting away hundreds of books and other publications.”
Cameroon-Glencore: Barrister Akere Muna To Organise Peaceful March in London – Journal du Cameroun
“days of rage”, are mainly against Nigeria’s worst cost-of-living crisis in a generation and accusations of misgovernment and corruption in Africa’s most populous country and a top oil producer where public officials’ huge earnings contrast high poverty and hunger levels. The protesters have also been inspired by other young people in Kenya who held rallies last month to kick against a planned tax hike. Both protests have also featured grievances against governments accused of not meeting the expectations that catapulted them to power.
Al Qaeda affiliate says it has taken two Russians hostage in Niger | Reuters
(This Aug 3 story has been corrected to fix the name given by one of the hostages and add details from his social media profile, in paragraph 4) An al Qaeda affiliate in West Africa’s Sahel region has taken two Russian citizens hostage in Niger, according to a video released by the group on Friday. The video from the media foundation of Jama’a Nusrat ul-Islam wa al-Muslimin (JNIM) includes what appears to be on-camera statements by the two captives, who say they were working for a Russian company in southwest Niger when they were taken prisoner.
Cameroon-Glencore: Barrister Akere Muna To Organise Peaceful March in London – Journal du Cameroun
“ I have read the SNH communique and find it rather absurd. When I exposed the Glencore corruption scandal over two years ago, SNH claimed there couldn’t be any corruption as it was prohibited by their internal regulations. Now, following the UK’s disclosure of the names of the former Glencore employees facing charges, we are informed through a communique that a complaint was lodged in September 2023.
Nigeria’s president calls for end to protests against economic hardship | Reuters
Nigeria’s President Bola Tinubu called on Sunday for a suspension of protests against a cost of living crisis, saying this would create an opportunity for dialogue, his first public comments since frustrated citizens took to the streets last week. Amnesty International has said at least 13 people were killed in clashes with security forces on the first day of protests on Thursday. Police denied using excessive force and said seven people had died as of Saturday – four from an explosive device during a march in northeast Borno state, two who were hit by a car and another who was shot by a guard when protesters looted a shop.
Niger cuts ties with Ukraine over comments on Mali-Wagner attack | Reuters
NIAMEY, Aug 6 (Reuters) – Niger’s junta on Tuesday cut diplomatic ties with Ukraine over remarks from officials it said showed Ukraine’s support for groups involved in fighting in neighbouring Mali that killed dozens of soldiers and Russian Wagner fighters in July.
The move follows Mali’s decision on Sunday to sever relations with Kyiv following comments by Ukraine’s military spy agency about the fighting in northern Mali in which Tuareg rebels said they killed at least 84 Wagner mercenaries and 47 Malian soldiers.
Prominent Chadian journalist arrested, association says | Reuters
Chadian police have arrested the editor-in-chief of a major Chadian news website, a group of online media outlets said late on Wednesday, a week after the suspension of his website was lifted. Badour Oumar Ali, editor of TchadInfos.com, was summoned by judicial police and taken away by “armed and hooded men” upon arrival in an unmarked vehicle to the national security agency, the Chad Online Media Association (AMET) said in a statement.
Nigerians continue marches against cost of living crisis | Africanews
Protesters clashed with residents in Lagos on Friday during a demonstration against the country’s worst cost-of-living crisis in a generation. Carrying placards, bells and Nigeria’s green-and-white flag, the protesters were met with a heavy security presence on the streets of Lagos. The protests were mainly over food shortages and accusations of misgovernment and corruption in Africa’s most populous country. Nigeria’s public officials are among the best paid in Africa, a stark contrast in a country that has some of the world’s poorest and hungriest people despite being one of the continent’s top oil producers. “The purchasing power of my salary has been completely eroded,” a protester told The Associated Press.
Nigerian police may seek army help after violent protests | Reuters
Nigerian police are on red alert and may seek the help of the military after protests against the cost of living and governance issues turned violent in some cities, the inspector general of police said. At least three protesters were killed in northern Kaduna state on Thursday, Reuters reporters and protesters said.
Amnesty International said on Friday at least 13 protesters in total had been killed in three northern states, but the authorities have not commented on any deaths.
There was a glint in Tunde Onakoya’s eyes that concealed the chess prodigy’s exhaustion as he made it to the 60-hour mark – breaking the world record for the longest marathon chess game. Bundled up in a jacket, scarf and hat, the 29-year-old Nigerian squared off against American chess champion Shawn Martinez in New York’s Times Square in April to complete the attempt and raise funds for his Chess in Slums project, which helps children across Africa.
Angry youths burn down Bauchi palace over fresh killing – Daily Trust
Daily Trust gathered that the youth attacked the palace following a clash between military and supporters of Peoples Democratic Party (PDP) from Lere. At least one person was killed while six others sustained injuries in the incident. Zaharedden Mohammed, a resident of Lere who was shot in the eye during the military raid, said the mob who torched the palace acted on the suspicion that it was the district head of who encouraged the military to impose curfew on the community.
In deluge of protests, fuel subsidies prove hard to abolish | Reuters
Like thousands of Nigerians and millions of others across the developing world, higher fuel costs have irked Antonia Arosanwo. “I am angry,” the 46-year-old mother of five said at a bus stop in Lagos, the teeming commercial capital of Africa’s most populous nation. Her journey from Ojuelegba, a bustling suburb just 8 miles north of Lagos’s business district, has more than doubled in price to 700 naira (45 U.S. cents) since the government announced an end to fuel subsidies last year – allowing petrol prices to triple.
Cameroonian Born Agbor Balla Receives Human Rights Award – Journal du Cameroun
Barrister Agbor Balla is known for his unwavering courage in fighting for human rights and democracy in Cameroon. A position that has earned him the International Human Rights Award from the American Bar Association (ABA). The award recognises his enormous contribution to the promotion and protection of human rights in Cameroon. He is a frontline activist and President of the Centre for Human Rights and Democracy in Africa (CHRDA).
Peace and Security
Nigeria’s gov’t concerned over increased Russia’s influence in the protests | Africanews Concerns are rising over the influence of Russia in the ongoing demonstrations in Nigeria. Some protesters have been seen wielding Russian flags as they demonstrate in various states in Nigeria. Authorities in the country have termed the act treasonous to the country’s sovereignty. The Russian embassy in Nigeria has distanced itself from allegations that it is influencing the demos. Protests against economic hardship have persisted in several Nigerian states despite the president calling for an end to the demonstrations that have faced a crackdown from security forces. At least 13 people have been reported dead in the protests which began on Thursday against the West African nation’s worst cost-of-living crisis in a generation and against the corruption and alleged bad governance that have stifled its development.
The Nigerian Army says it will investigate the death of an 18-year-old boy, Isma’il Muhammad, following an alleged shooting by a soldier on patrol in Samaru, Zaria. Maj.-Gen. MLD Saraso, the General Officer Commanding, GOC, 1 Division, Nigerian Army, Kaduna, disclosed this when he visited the family of the deceased in Zaria on Tuesday. The GOC later addressed youths in the area, saying that he was in Zaria to commiserate with the family and the community over the incident.
Protests: PRP, Al-Mustapha reject calls for military takeover – Daily Trust
The Peoples Redemption Party (PRP) has firmly rejected calls for a military takeover of governance in Nigeria amidst rising public discontent over economic hardships. In a statement released in Abuja, PRP National Chairman Falalu Bello condemned the idea of military intervention, asserting that it is not a viable solution for Nigeria.
Russian flags, Nigerian lives and the internationalisation of the Hunger Protests – Daily Trust White, blue and red flags have emerged from the dust of the protests in Nigeria. For some inexplicable reason, Russian flags have been seen being waved by some protesters demanding an end to bad governance. About 40 persons have been arrested with these flags, including at least seven foreigners. The question today is what do protests demanding an end to bad governance in a West African country have to do with Russia, which is governed by an elected dictator in the person of Vladimir Putin? And while poles and flags have long been associated, why have Poles with Russian flags been arrested in Nigeria?
UN rights chief calls for access to Cameroon’s Anglophone regions | Reuters
The U.N. High Commissioner for Human Rights requested on Wednesday better access to Cameroon’s restive separatist regions and called for revisions to an anti-terror law that rights groups say has been used to silent dissent. Factions of secessionist militias have been battling government troops in Cameroon’s two English-speaking regions since 2017, leading to thousands of deaths and displacing nearly 800,000 people.
Hundreds of residents in Jos, North-central Nigeria, gathered at the Old Airport Junction last Thursday to join the nationwide #EndBadGovernance protests. The demonstration, driven by frustrations over poor governance and the escalating cost of living, witnessed an extraordinary scene: Muslims among the crowd paused to observe their afternoon prayers while Christians respectfully stood by.
Protest: We are after only enemies of state – CDS – Yerwa Express News
The Chief of Defence Staff, CDS, Gen. Christopher Musa, has said that the military and security agencies are after those behind the call for undemocratic change of government. Mr Musa said this on Tuesday during a combined news conference by the heads of security agencies and Service Chiefs at the Defense Headquarters. He said the military knew that some protesters calling for regime changes were sponsored, adding that the military and other security agencies were trailing them to bring them to book.
Niger, Burkina Faso, Mali’s withdrawal will undermine fight against terrorism –ECOWAS – Daily Trust
The Economic Community of West African States (ECOWAS) has again expressed disappointment over the exit of Niger Republic, Mali and Burkina Faso from its fold. It lamented that the exit of the three countries generated unintended consequences by undermining of coordination and cooperation against terrorism in the sub-region.
DHQ to W/African military chiefs: Reject undemocratic change of govt – Daily Trust
The Defence Headquarters, on Wednesday charged all the Chiefs of Defence Staff of the West African sub-region to reject what he described as “undemocratic change of government” and uphold democracy in their respective countries. Nigeria’s Chief of Defence Staff, Gen. Christopher Musa, said change of government by undemocratic means will have unintended consequences and threaten democratic values in the sub-region.
Police arrest 76 suspects with 25 Russian flags in Kano – Yerwa Express News (yen.ng)
The Police Command in Kano State has arrested 76 persons in connection with 25 Russian flags recently held by protesters in various parts of Kano. Also arrested was a Nigerien national believed to be responsible for sewing the Russian flags.
U.S. military to hand over last base to Niger authorities | Africanews
The US will hand over its last military base in Niger Monday, ahead of the September 15 deadline for US forces to leave the country under an agreement with Nigerien authorities. Airbase 201 in the city of Agadez is one of two hubs the U.S. has used for counterterrorism operations in Niger. Last month, US troops withdrew from Airbase 101, a small drone base in Niger’s capital, Niamey. German troops are also set to leave this month. The withdrawals are part of a larger trend of Western troops leaving the Sahel, a vast region south of the Sahara desert where groups linked to al-Qaida and the Islamic State group operate. Niger’s 2023 military takeover followed coups in Mali in 2020 and in Burkina Faso in 2022, and the three countries soon joined forces in expelling foreign troops and taking a hard stance against France and its allies.
What is fuelling protests and a violent crackdown in Nigeria? | Business and Economy | Al Jazeera
Demonstrators killed by police and millions put under curfew. In Nigeria, people have been shot dead by police and hundreds arrested for protesting against the government’s economic policies. President Bola Tinubu says the reforms are vital. Critics say they are too extreme.
Ukraine says Niger’s move to cut relations is ‘regrettable’ | Reuters
Ukraine’s foreign ministry said on Thursday Niger’s decision to cut diplomatic ties with Kyiv was “regrettable” and that Kyiv saw the move as based on groundless and untrue allegations. Niger’s junta said on Tuesday it was acting in solidarity with Mali which earlier broke off ties with Kyiv over remarks by a Ukrainian military intelligence official that it said showed Kyiv’s support for rebels fighting in northern Mali.
Nigeria arrests seven Polish nationals for raising Russian flags at protests | Reuters
Nigeria has arrested seven Polish nationals for raising Russian flags during anti-government protests this week in the northern state of Kano, Peter Afunanya, a spokesperson for the state security service, said on Wednesday.
Hundreds of thousands of Nigerians have been protesting since Aug. 1 against President Bola Tinubu’s painful economic reforms that have seen a partial end to petrol and electricity subsidies, currency devaluation and inflation touching three-decade highs.
Nigerian protests fizzle out after deadly police crackdown | Reuters
Protests in Nigeria over the soaring cost of living ebbed on Monday, with only a few hundred people turning out in major cities following a deadly crackdown by security forces since the demonstrations began last week. Hundreds of thousands of people have taken to the streets in the capital Abuja, Lagos and other big cities during the protests against economic hardship and crime, which started on Thursday and were meant to continue until Aug. 10.
Protest: Intelligence failure led to attacks in Kano – Sanusi – Daily Trust
The 16th Emir of Kano, Alhaji Muhammadu Sanusi II, has said intelligence failure led to the attacks on public and private properties during the #EndBadGovernance protest in the state. The Emir, who spoke when he paid an inspection visit to Kano Printing Press, The NCC Digital Industrial Park and Barakat Stores, said the security were notified of the plans for the attacks on some of the properties days before it occurred.
Mali says cutting ties with Ukraine over alleged involvement in rebel attack | Reuters
Mali is immediately cutting diplomatic ties with Ukraine over comments by a spokesperson for Ukraine’s military intelligence agency (GUR) about fighting in its north that killed Malian soldiers and Wagner fighters in late July, it said on Sunday. Mali’s northern Tuareg rebels say they killed at least 84 Russian Wagner mercenaries and 47 Malian soldiers over days of fierce fighting in the north of the West African country in what appears to be Wagner’s heaviest defeat since it stepped in two years ago to help Mali’s military authorities fight insurgent groups.
Russia has accused Ukraine of opening a “second front” in the war between them in Africa after Mali and Niger broke off diplomatic relations with Kyiv, accusing it of supporting “terrorist groups”. The claim by Moscow followed an announcement from Niger’s military government on Tuesday that it has cut ties with Ukraine. Several states in West Africa have recently ditched longstanding ties with the West to turn to Russia.
Humanitarian
Yusra’s tiny body was hooked up to machines twice her size as her mother clutched the side of her cot, watching her baby fight for her life. Yusra had developed severe sepsis, which meant her body had turned on itself. As her immune system attacked her vital organs, doctors tried to treat her with various antibiotics. But there was a problem: the drugs weren’t working.
The Borno state government has resettled 1,600 households, comprising 9,600 internally displaced people (IDPs), from Bama’s largest displacement camp in Ngurosoye, North East Nigeria.
Ngurosoye is one of the villages recovered from insurgents in the Bama local government area. While the return to the community brought joy to the beneficiaries, not all 1,600 households have permanent homes there.
Stakeholders warn of crisis for 40,000 HIV patients as donors withdraw – Daily Trust
The Network of People Living with HIV/AIDS in Nigeria (NEPWHAN) has expressed grave concerns over the fate of more than 40,000 HIV/AIDS patients in Kaduna State as donor agencies prepare to pull out of the country. The group warned that the withdrawal of these international donors could severely impact the treatment and care available for these individuals.
Mobilization and economic development
Nigeria’s oil output rises on improved security, Navy chief says | Reuters
ABUJA, Aug 6 (Reuters) – Nigeria’s oil output has risen to between 1.6 million and 1.7 million barrels per day after the government beefed up security to curb crude theft, Chief of Naval Staff Emmanuel Ikechukwu Ogalla said on Tuesday. Crude production in Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), stood at 1.2 million barrels per day in February, Ogalla said. Oil major Shell (SHEL.L), opens new tab has exited the country.
Cameroon state oil firm says staff linked to Glencore bribes will face UK court | Reuters
The head of Cameroon’s National Hydrocarbons Corporation (SNH) has said some managers and employees will appear before a UK court over suspected involvement in bribery offences linked to Swiss commodity trader Glencore (GLEN.L), opens new tab. Adolphe Moudiki, SNH’s administrator and director general, had previously denied staff involvement but late on Friday issued a statement saying some employees had been identified as suspects and would appear before a British court on Sept. 10.
Senate probes $1.5bn spent on P/Harcourt Refinery rehabilitation – Yerwa Express News (yen.ng)
The Senate has raised concern over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Sen. Opeyemi Bamidele, Chairman, Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an interactive session with stakeholders on Wednesday, in Abuja. Mr Bamidele, who is also the Senate Leader, said it was unfair and wrong to treat public companies shabbily while private businesses were flourishing and thriving.
Cameroon-West: Bagangte Gets Economic Centre Worth 910 Million – Journal du Cameroun
According to FEICOM, the new market will improve working conditions for traders, create numerous jobs, restructure the city centre, develop commercial activities, develop commercial infrastructure and increase the city’s income. The Bangangté Central Market is an ambitious project requiring an investment of more than 910 million CFA francs, financed by FEICOM with German funds. The market has 304 shops, two toilet blocks, storage areas, a bus station and car parks. It offers improved working conditions for traders and will contribute to the economic development of the region.
Dangote, regulators rift sends bad signal to foreign investors – ACF – Daily Trust
The Arewa Consultative Forum (ACF) has stated that the action of regulatory agencies in the oil and gas sector to portray negativity around the Dangote refinery does present Nigeria as a good destination for foreign investors. In a statement, ACF expressed dismay that the Chairman of Dangote Group, Aliko Dangote, was subjected to negative propaganda.
The Power of Networking: Building Relationships in Hedge Funds – Journal du Cameroun
Networking is a critical component of success in the hedge fund industry, facilitating connections that lead to career opportunities, industry insights, and business growth. In the competitive landscape of finance, particularly within hedge funds, the ability to build and maintain relationships can significantly influence professional trajectories. This article explores the dynamics of networking within hedge funds, offering insights into effective strategies.
Why CBN injected N700bn bailout in Unity Bank-Providus Bank merger – Daily Trust
The Central Bank of Nigeria approved a financial package worth N700 billion to support the proposed merger between Unity Bank Plc and Providus Bank Limited, according to a document seen by Daily Trust. According to the apex bank, the bailout is aimed at strengthening the stability of Nigeria’s financial system, as confirmed in an official letter from the CBN, which detailed the terms and structure of the financial accommodation.
Has The Forward Momentum in Cameroon Oil, Gas Sector Effectively Stalled? – Journal du Cameroun
From all accounts, it looks like Cameroon has pressed pause on oil and gas. Chevron is ready to invest big to move on the Yoyo Yolanda Unitization. This is a joint development of the Chevron-operated Yoyo (in the Douala Basin offshore Cameroon) and Yolanda (offshore Equatorial Guinea) gas fields. Perenco started to acquire New Age Energy and work with Lukoil to develop the Etinde license and bring gas into Equatorial Guinea (EGLNG operated by Marathon Oil Corp) or Cameroon, yet the deal died on the vine.
Network Int deploys $250m technology to boost digital payments – Daily Trust
Network International, has invested over $250m on the newly deployed digital payment platform, Network One, in the Nigerian market to provide banks, mobile network operators (MNOs) and fintechs innovative payment solutions. The cloud-based, integrated digital payment suite provides a comprehensive range of payment products and services, including value-added services like digital, loyalty and enterprise fraud prevention.
Sales of crude oil in naira yet to begin – Association of refineries – Daily Trust
The Crude Oil Refinery-owners Association of Nigeria (CORAN) has said that none of their members have begun receiving the sales of crude oil in the local currency, naira. Echie Idoko, the Public Secretary of CORAN, made this disclosure in an interview with Channels TV on Wednesday.
FG spends $600m on fuel importation monthly –Finance minister – Daily Trust
Nigeria pays $600 million each month on fuel imports, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed. According to him, the expenditure is partly because neighbouring countries, extending to Central Africa, are benefiting from these fuel imports.
