Abuja, Nigeria | Xinhua | Nigerian President Muhammadu Buhari on Wednesday launched the re-designed local banknotes to control the supply of the Nigerian naira, the local currency of the most populous African country. Speaking during the unveiling of the locally-produced currencies in Abuja, the Nigerian capital, Buhari explained in detail the basis …
Read More »COP27: Funding poor farmers
Why IFAD wants resources dedicated to poor rural smallholder farmers Kampala, Uganda | RONALD MUSOKE | Poor rural smallholder farmers in developing countries like Uganda may not know about the on-going UN Climate Change Conference (COP27) in the Egyptian Red Sea resort of Sharm el-Sheikh but they are aware of …
Read More »Why is Nigeria flooding, and what is the impact so far?
Nigeria has had a flood crisis since June 2022, with a resounding impact — over 600 lives lost, almost 1.5 million displaced, and over 200,000 homes damaged in 370 local governments across the country’s 36 states. This is the country’s worst flood incident in a decade, with floods projected to …
Read More »Chinese company hands over Nigeria’s first deep sea port
Lagos, Nigeria | Xinhua | China Harbor Engineering Company Ltd (CHEC) on Monday handed over Nigeria’s first deep sea port to the government after the completion of the huge maritime project in the country’s economic hub city of Lagos. The port will meet the needs of Nigeria’s economic development, said …
Read More »What do you do with gadgets when they die? Recycle them, of course
In Nigeria’s Rivers State, engineering company Egoras is successfully refurbishing e-waste into affordable appliances, creating a new market for recycled and upcycled products. Lagos, Nigeria | BIRD STORY AGENCY | It was the first day of the much-anticipated Egoras Trade Fair in Port Harcourt, Southern Nigeria. The company had announced it …
Read More »Emirates to resume Nigeria operations following recovery of blocked funds
Abuja, Nigeria | Xinhua | The Dubai-based airline Emirates on Thursday said it planned to resume all flights to and from Nigeria, starting Sept. 11, following the recovery of a portion of its blocked funds accruing from ticket sales from the most populous African country. The airline said in a statement …
Read More »Nigeria intensifies fight against illegal armed groups
Lagos, Nigeria | Xinhua | The Nigerian Armed Forces have intensified their crackdown on extremists and bandit groups to address security threats in the country, Defense Minister Bashir Magashi said Saturday. The military and other security agencies have cooperated to force criminals out from their hideouts, Magashi told a security …
Read More »Emirates to halt Nigeria operations due to unremitted funds
Abuja, Nigeria | Xinhua | The Dubai-based airline Emirates on Thursday said it planned to halt all flights to and from Nigeria, starting September 1, to cut down losses following its inability to repatriate about 85 million US dollars in revenue from the most populous African country. In a statement, the …
Read More »Algeria, Niger, Nigeria ink deal to build trans-Saharan gas pipeline
Trans-Saharan Gas-Pipeline (TSGP) linking Algeria, Niger and Nigeria, is expected to span 4,000 km and could send up to 30 billion cubic meters of natural gas per year Algiers, Algeria | Xinhua | Algeria, Niger and Nigeria signed on Thursday a memorandum of understanding (MoU) for the construction of a gas pipeline …
Read More »Nigeria transforms state-run oil corporation into independent firm
Abuja, Nigeria | Xinhua | Nigeria has transformed the state-run Nigerian National Petroleum Corporation (NNPC) into an independent and limited liability firm, about 45 years after the creation of the national oil corporation. The move is part of the ongoing reform of the country’s oil industry, heralded by the Petroleum Industry …
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