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fossil fuel crude oil

Calls Against African Fossil Fuel Investment ‘Politically Motivated,’ Says Nigerian Expert

On Monday, London-based think tank Carbon Tracker issued a report that deemed an investment in the African oil and gas sectors as risky, while advocating solar energy development (described as “the best economic opportunity in the transition”). In an exclusive ...

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Akinwumi Adesina

Africa’s Right to Use its Natural Gas Should be Part of COP27 Deals, AfDB President Says

Such a statement was made in light of some Western countries pushing forward the idea of reducing the use of fossil fuels in Africa. At the same time, some African countries are asserting the right to develop their rich gas ...

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enaira cbn

Parallel Market Dollar To Naira Exchange Rate Today 19th October 2022

How much is a dollar to naira today in the Parallel Market Dollar? Dollar to naira exchange rate today parallel market (Aboki dollar rate): he exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar ...

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Binance

Binance hacked to the tune of $100 million or more

Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. “The issue is contained now. Your funds are safe. We apologize for the inconvenience and will provide ...

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He Left the UK to Build the Biggest Drink Company in Nigeria

He Left the UK to Build the Biggest Drink Company in Nigeria is another episode of my promoting Africa series where I feature black entrepreneurs all across Africa who have built successful businesses and they tell us how they did ...

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davos

Andrei Martyanov: Davos “news”, real resources, Operational Art-2

Please visit Andrei’s website: https://smoothiex12.blogspot.com/and support him here: https://www.patreon.com/bePatron?u=60459185 Attached article about COFM

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power

Electricity update: Nigeria’s power generation falls to 84.4GWh as poor supply persists.

Nigeria’s electricity generation dropped on Thursday to 84.43GWh, which is 5.2% lower than the 89.06GWh generated on the previous day. This is according to information from the Transmission Company of Nigeria (TCN). In the same vein, electricity supplied by the ...

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CBN

CBN fines three banks ₦800m for flouting cryptocurrency order

The Central Bank of Nigeria (CBN) has fined three banks a total of N800million for failing to comply with the directive to block customers from transacting in cryptocurrencies.Recall that in February 2021, the apex bank directed banks to close accounts of ...

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oil

High crude prices create an incentive for oil smuggling – Wale Okunrinboye

When prices are high, there is a lot of incentive for people to try and make money from it in the export market as they expect to make more money. This is according to Wale Okunrinboye, Head of Research at ...

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FG shutdown GoCash, Okash, Other Online Bank Apps In Nigeria

FG shutdown GoCash, Okash, Other Online Bank Apps In Nigeria

The Federal government has turned off some illegal financial institutions operating in a few elements of Lagos State.Naija News reports that the illegal financial institutions were turned off following customers’ complaints of malpractices and invasion of privacy. In a conversation ...

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