The Nigerian National Petroleum Company Limited (NNPC) has announced its plan to engage reputable and credible Operations and Maintenance (O&M) companies to operate and maintain two of its major refineries: the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC). This development was disclosed in a statement released on Friday…
Namibia is set to cull more than 700 wild animals, including elephants, zebras, and hippos, as part of an effort to distribute meat to communities struggling with food insecurity due to the worst drought the country has faced in a century. The Ministry of Environment, Forestry and Tourism announced on Monday that the culling program…
As Nigeria’s economic challenges deepen, many citizens are preparing for difficult months ahead, with plans to rely heavily on borrowing and depleting their savings to meet financial obligations. This trend is highlighted in the Central Bank of Nigeria’s (CBN) July 2024 Household Expectations Survey, which reveals a growing sense of pessimism among Nigerian consumers about…
Ethiopian Airlines, Africa’s largest carrier, is leasing planes to keep up with its ambitious expansion plans due to significant delays in aircraft deliveries from Boeing Co. The Addis Ababa-based airline has been waiting for several months for the arrival of its much-anticipated Boeing 737 Max jets and 777 freighters, creating a ripple effect on its…
Burkina Faso has taken a significant step by nationalizing two contentious gold mines following a legal dispute involving Endeavour Mining Plc and Lilium Mining. This decision marks a pivotal moment in the country’s efforts to assert greater control over its natural resources, in line with a broader trend observed across Africa. The resolution of the…
In a significant move to enhance user safety across its platform, TikTok has launched its first-ever Safety Advisory Council for Sub-Saharan Africa and expanded its #SaferTogether community education campaign. These initiatives mark a crucial step in TikTok’s commitment to providing a secure and positive environment for its users across the region. A Collaborative Effort: The…
As of August 26, 2024, the exchange rate between the US dollar and the Nigerian naira on the black market, also known as the parallel market or Aboki FX, is recorded at 1 USD to ₦1,610. This figure offers a glimpse into the current state of Nigeria’s currency outside the formal banking system, highlighting the…
The Dangote Refinery, touted as the world’s largest single-train refinery, has entered a crucial phase of its development. This facility, located in Lagos, Nigeria, is not just a remarkable feat of engineering but also a potential game-changer for the nation’s energy sector and the broader African economy. The refinery has now commenced test runs for…
Elon Musk’s SpaceX is set to officially launch its satellite internet service, Starlink, in Ghana by the end of August 2024. This highly anticipated development marks a major leap in Ghana’s technological landscape, promising to transform internet connectivity, particularly in underserved and rural regions. The National Communications Authority (NCA) has confirmed that Starlink’s operations will…