Business

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Shell Says Starts Gas Production at Expanded Nigeria Project

AMSTERDAM — Anglo-Dutch oil major Royal Dutch Shell has started gas production from the second phase of the Gbaran-Ubie project in Nigeria’s Niger Delta, the company said on Wednesday. The

South Africa’s Central Bank: It’s ‘Too Risky’ to Launch a Cryptocurrency

A senior official for South Africa’s central bank has said it’s “too risky” for the institution to launch its own cryptocurrency. Speaking during the Strate GIBS FinTech Innovation Conference 2017

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Nigeria seizes properties linked to ex-oil minister

A Nigerian court confiscated four large housing complexes worth $7 million from a former oil minister accused of corruption on Tuesday as fraud investigators continue to claw back her fortune.

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Why allowing the sale of horn stockpiles is a setback for rhinos in the wild

A South African court has ordered the government to release a permit to the world’s largest rhino breeder, John Hume. The permit will allow him to host a 3-day auction

NIGERIA RANKS THIRD IN GLOBAL CYBER-CRIME

The Nigerian Communications Commission (NCC) says Nigeria currently ranks third globally in cyber-crimes behind the UK and the US. NCC’s Chief Executive Officer, Prof. Umar Danbatta, disclosed this on Tuesday

STANDARD BANK PREPARES FOR R60M CLASS ACTION LAWSUIT

CAPE TOWN – At least one of the country’s four banks has confirmed it has started preparing should a R60 billion class action lawsuit go ahead. Banking giants FNB, Absa,

VODACOM TO REIMBURSE USERS FOR LOST DATA, AIRTIME

Affected Vodacom users vented their frustration on social media after receiving depletion notifications. JOHANNESBURG – Vodacom has apologised to its customers following numerous complaints of disappearing data and airtime. In

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Nigeria to Start Bee Export By 2018

Nigeria will start exporting bees to other countries next year, Dr Bidemi Ojeleye, National President, Federation of Bee keepers Association of Nigeria, has said. He told the News Agency of

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Texas woman in ID thefts gets 10 years in Nigeria cars scam

DALLAS A Texas woman is going to prison for a $1.2 million scheme that stole identities to get tax refunds to buy and ship used cars to Nigeria. LaTonya Carson

Travel 0 Comments

North Africa is surging as the continent’s top travel destination, but Nigeria is struggling

North Africa is re-emerging as a major travel and tourism force in Africa, after a dip in the last few years. Since the Arab Spring protests in late 2010, concerns