Oil mining licensing in Nigeria
27 April 2017 | 9:20 am
Abiodun Adesanya CEO, Dege Conek and president of the Nigerian Association of Petroleum Explorationists joins CNBC Africa to discuss the big issues impacting oil mining licensing in Nigeria and what they mean for government revenues.
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Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.
Golf is a club-and-ball game in which players use various clubs to hit balls into a series of holes on a course. The sport dates as far back as the 15th century and it is one of the most popular outdoor games around the world. Even though the game is not really popular in mainstream Nigeria, it has often been regarded as a male and elite sport, but this set of women are changing the narrative, to them, golf is more than just a game. Some female golfers took out time to share their experiences playing a sport that is mostly dominated by men.
Former Danone CEO Emmanuel Faber has just attended the COP26 climate summit in Glasgow. Now a partner at the impact investor Astanor Ventures, he has long called for the private sector to play a greater role in the fight against climate change. "No one has stepped up enough at this stage. But people and companies are moving," he told FRANCE 24's Kate Moody.
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
Twitter co-founder Jack Dorsey is stepping down as chief executive of the company. He will be replaced by the current chief technical officer, Parag Agrawal, Twitter said. Mr Dorsey, who co-founded Twitter in 2006, has been serving as chief executive of both Twitter and payment firm Square.
This week, Twitter co-founder Jack Dorsey announced he was stepping down as CEO, and named Parag Agrawal, the company's chief technology officer, as his replacement. Agrawal has played a key role in driving the "re-acceleration" of Twitter's growth and helped oversee its fledgling cryptocurrency initiatives and machine learning efforts, a possible nod to why the Indian-American may have been the top choice for the CEO position.
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
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In an interview with DW, the president of Kosovo, Vjosa Osmani, confirms her commitment to EU integration and NATO. She also emphasizes the country's full support of the Kosovo Specialist Chambers war crimes court.
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As Germany battles a fifth coronavirus wave, people took to the street to rail against COVID-19 restrictions and a possible vaccine mandate. Others marched for "solidarity instead of conspiracy theories."
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E-commerce giant Amazon will continue to accept UK-issued visa credit cards on its British website. The company emailed customers on Monday with the update. Back in November, the retail giant took the controversial step, saying it would ban the use of Visa credit cards because of high transaction fees. Since Brexit, the EU's enforced-cap on the fees charged by card issuers no longer applies in the UK.
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As media attention focuses on a group of women sexually assaulted in Milan on New Year's Eve, we take a look at efforts to combat sexism in Italy. Also human rights activists say accusations of sorcery are being used in Kenya to force elderly widows off their land. Plus we've all heard the jokes about women drivers. So in an attempt to end stereotypes, Argentina has included mandatory gender awareness training in its driving school programs.
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Defending Australian Open champion Naomi Osaka called the Novak Djokovic saga "unfortunate" and "sad" Saturday as players complained the scandal was overshadowing the opening Grand Slam of the year.
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China is bracing itself for the possibility property group Evergrande could default on its huge $300 billion debt pile. Many of Evergrande's creditors are ordinary Chinese who may lose much of their life savings.