Oil Prices fall as Angola exits OPEC Crude prices slumped on Thursday after Angola quit the OPEC oil cartel, while Wall Street stocks rebounded after a streak of records was snapped. Crude prices slumped on Thursday after Angola quit the OPEC oil cartel, while Wall Street stocks rebounded after a streak of records was snapped. […]
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The British American Tobacco Nigeria Limited (BATN) and affiliated companies will pay a $110 million penalty over multiple infractions, the Federal Competition and Consumer Protection Commission (FCCPC) said on Wednesday. According to a statement, the affiliated companies that contravened the laws include British American Tobacco Marketing (Nigeria) Limited (BATMN), British American Tobacco Plc, and British […]
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Senator Ali Ndume, representing Southern Borno Senatorial District, has criticised the Economic Community of West African States (ECOWAS) sanctions imposed on Niger Republic following the July coup d’état. He argued that the sanctions negatively impact the people of eight Nigerian states bordering Niger, as well as over 120,000 Borno State’s refugees fleeing Boko Haram attacks. […]
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A West African delegation led by the leaders of Senegal and Ghana were in Sierra Leone on Saturday to lay the groundwork for a “security mission” in the wake of an alleged coup attempt in November. On November 26, armed attackers stormed a military armoury, two barracks, two prisons and two police stations, clashing with […]
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Africa’s Richest Woman, Alakija Acquires Six Oil Blocks In Sierra LeoneNigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshore oil blocks, following the issuance of a Petroleum Licencing Agreement by the Government of Sierra Leone. Julius F. Sandy, Secretary to the Sierra Leonean President, Julius Bio, disclosed in […]
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President of Guinea-Bissau Umaro Sissoco Embalo on Wednesday dismissed the prime minister and immediately named a replacement in the wake of what he has described as an “attempted coup.” A presidential order sent to AFP said Geraldo Joao Martins “is dismissed from his post as prime minister. The decree comes into force immediately.” Violence erupted […]
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