First News From Africa
An essential good with major economic significance is African palm oil. The African palm oil sector may prosper and improve the lives of people and the environment at the same time by adopting sustainable methods and tackling these issues. Palm oil has become an essential ingredient in various products we
The Peoples Democratic Party (PDP) has described President Bola Tinubu’s All Progressives Congress-led administration’s first year in office as the most challenging in Nigeria’s history since the Civil War. The President, who took office on May 29, 2023, with renewed hope for Nigeria, will mark his first year in office
President Bola Tinubu has reiterated the resolve of his administration to resolve the ongoing imbroglio surrounding the divestment issue delaying the Seplat and ExxonMobil deal. Consequently, he ordered the Ministry Of State For Petroleum Resources (Oil) and the Nigerian National Petroleum Company (NNPC) Limited to resolve the issues swiftly. Tinubu
The Nigeria Labour Congress (NLC) will continue its negotiation for a new Minimum Wage at the federal government Tripartite Committee meeting in Abuja, on Tuesday. Ikeanumba Africa Magazine reliably gathered, week end that both the NLC and the Trade Union Congress TUC, may come up with fresh proposals on Tuesday,
Nigeria’s bold foreign exchange reforms under President Bola Tinubu have not yielded the results many expected, with critics faulting implementation. The naira has weakened 65 per cent against the US dollar at the official market in one year of Tinubu’s administration, after two defacto devaluations by the Central Bank in
French oil major TotalEnergies is moving to invest $600 million to strengthen exploration and production activities in the Republic of Congo in 2024, snubbing the Nigerian oil and gas sector for the second time in quick succession. Patrick Pouyanne, TotalEnergies’ CEO, stated last week in Kenya that the company chose
Burkina Faso’s junta will stay in power for an additional five years after participants in national talks on Saturday proposed extending the transition back to democracy by 60 months from July, as outlined in the text of a newly approved charter. The military authorities, who seized power in a 2022
According to recent research, Nigeria’s Gross Domestic Product increased modestly in the first quarter of 2024. However, this is lower than the previous quarter’s figures. The Services sector was the primary driver of the GDP’s performance in the first quarter of 2024, while the agricultural sector also recorded a slight
President Bola Tinubu, on Sunday in Lagos, flagged off the construction of the 700km Lagos-Calabar Coastal Highway, as well as the Sokoto- Badagry expressway, with the assurance that the project will be abandoned. Tinubu who noted that both projects, would revolutionize public transportation in Nigeria and bolster the unique economic
Former President Olusegun Obasanjo has blasted President Bola Tinubu’s over the removal of fuel subsidy and the unification of the exchange rate. Former President Olusegun Obasanjo has blasted President Bola Tinubu’s over the removal of fuel subsidy and the unification of the exchange rate. Although the former president admitted that