Dangote as the Africa’s richest – worth $16.4 billion, according to Bloomberg – and the four publicly traded companies under the umbrella of his Dangote Industries now account for about a third of the value of the Nigerian stock exchange.
The response of the Nigerian government to growing levels of insecurity has increasingly been to use the military. Several peace and security conferences and commissions of inquiry have been instituted. But these yielded little or no result due to the lack of political will by the government to implement the recommendations.
South Africa’s State-owned Oil Company Signs Deal to Explore Highly-prospective Oil Block B2 in South Sudan
South Africa’s state-owned oil company Strategic Fuel Fund (SFF) will own and operate Block B2; In 2018, South Africa agreed to invest $1billion into South Sudan’s energy infrastructure.
Nigeria: Investors say African Development Bank’s Special Agro-Industrial Processing Zones will drive agricultural revolution
Senior Nigerian government officials and key investors have endorsed the African Development Bank’s Special Agro-Industrial Processing Zones (SAPZ) initiative, describing it as a pathway to Africa’s agricultural revolution.
A Dutch court said on Wednesday it has jurisdiction to hear a damages suit brought against Royal Dutch Shell by four widows of activists executed by the Nigerian government in 1995.
At a meeting with the African Development Bank President in Abuja, Nigeria’s President Muhammadu Buhari commended the Bank for its successes and pledged Nigeria’s continuous support for the institution.
HarvestPlus is partnering with The Fork to conduct initial research on the feasibility and desirability of applying blockchain technology to a biofortification value chain for vitamin A-biofortified orange maize in Nigeria.