As China’s desire for large foreign investments have waned, infrastructure projects in a number of African countries have stalled giving a big blow to the governments. As reported by Taipei Times, China has lent African countries hundreds of billions of US dollars as part of Chinese President Xi Jinping’s ambitious …
Read More »Nigerian Embassy in France calls police over ‘Juju’
A video of a sacrifice in a calabash, locally called Juju, sitting outside the entrance of the Nigerian Embassy in France has been shared online. In the video, which went viral over the weekend, French policemen were called to the scene to remove the Juju. But rather than being helpful, …
Read More »South Africa’s president tests positive for Covid
South Africa’s President Cyril Ramaphosa has tested positive for Covid-19 and is being treated for mild symptoms. Mr Ramaphosa started feeling unwell on Sunday after leaving the state memorial service of South Africa’s last apartheid President FW De Klerk in Cape Town, according to a statement from the presidency. People who …
Read More »Black Axe: Leaked documents shine spotlight on secretive Nigerian gang
A member of the Black Axe gang, one of Nigeria’s most feared “cults” A violent mafia-style gang in Nigeria linked to murder and fraud has infiltrated the country’s political system and launched a global scamming operation well beyond Nigeria’s borders, according to thousands of hacked documents and testimonies seen by …
Read More »The President of Cote d’Ivoire Alassane Ouattara meets Eni’s CEO Claudio Descalzi
The President of the Republic of Cote d’Ivoire, Alassane Ouattara, has met with Eni CEO Claudio Descalzi to discuss the status of the fast-tracked development of the Baleine discovery, which will be the first net-zero development in Africa for scope 1 and scope 2 emissions. The Prime Minister Patrick Achi, …
Read More »Dangote loses over US$1 billion in single day as investors book profit
Africa’s richest man Aliko Dangote has seen his net worth slump by over $1 billion in a single day. His net worth fell below the $20-billion mark on Thurs., Dec. 9, due to a decline in the market value of his stake in his flagship company, Dangote Cement Plc. Dangote, …
Read More »17 African nations that participated in Biden’s Democracy Summit
Seventeen African countries were among over 100 nations invited to the first Democracy Summit organized by the Joe Biden administration. The summit held virtually, took place on On December 9 – 10, 2021, as the Biden administration brought together leaders from government, civil society, and the private sector to discuss …
Read More »54 Nigerians deported by Ghana Immigration Service
Ghana’s land border closed to human traffic since March 2020 Foreign nationals being aided by locals to enter Ghana illegally Bus full of Togolese nationals repatriated by GIS The Bono East Regional Command of the Ghana Immigration Service has overseen the arrest and deportation of some 54 Nigerians. According to …
Read More »Nigerian stocks tumble by N391 billion after sell-off in Dangote Cement
Nigerian stocks depreciated by 1.77 percent or N391.3 billion on Thursday as a negative investor sentiment wiped out all the gains garnered at the preceding trading session, setting the market up for a negative return this week. Dangote Cement, Nigeria’s largest company by market value, shed 10 percent – the …
Read More »My husband loves dogs more than me – Wife tells court
A 40-year-old woman, Rashidat Ogunniyi, is seeking to nullify her 12-year-old marriage on grounds that her husband, Kazeem, loves his dog more than he loves her. Rashidat, a Nigerian trader, told a Customary Court that her husband was only concerned about the welfare of his dog. “Kazeem is an irresponsible husband and …
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