Why Top Acacia Officials Resigned

[Citizen] Dar es Salaam -The resignation of two top executives of Acacia Mining Company yesterday opens a new chapter in the firm whose recent performance has faced turbulence over a bitter tax dispute with the government of Tanzania.

[Citizen] Dar es Salaam -The resignation of two top executives of Acacia Mining Company yesterday opens a new chapter in the firm whose recent performance has faced turbulence over a bitter tax dispute with the government of Tanzania.

source: AllAfrica News: Tanzania

Govt to Raise N1 Trillion From Sale of Oil Assets

[Daily Trust] The Federal Government is considering selling some of its stakes in oil joint ventures to raise about $3 billion (about N1 trillion) in order to reduce the deficit for 2018 budget, Daily Trust has learnt.

[Daily Trust] The Federal Government is considering selling some of its stakes in oil joint ventures to raise about $3 billion (about N1 trillion) in order to reduce the deficit for 2018 budget, Daily Trust has learnt.

source: AllAfrica News: Nigeria

Fear Grips Edo Residents Over Alleged Monkeypox

[Daily Trust] Beinin -A reported case of suspected monkeypox patient at the University of Benin Teaching Hospital (UBTH) has created fear among residents of Edo State. This was the case even after the UBTH dismissed the report, lamenting that some jour…

[Daily Trust] Beinin -A reported case of suspected monkeypox patient at the University of Benin Teaching Hospital (UBTH) has created fear among residents of Edo State. This was the case even after the UBTH dismissed the report, lamenting that some journalists went to town with the story without verifying it.

source: AllAfrica News: Nigeria

Fraudsters Fake Our Website, CBN Warns Public

[Daily Trust] The Central Bank of Nigeria (CBN) has said there is an ongoing scam where some fraudulent persons are diverting unsuspecting members of the public to a fake website purported to belong to the bank.

[Daily Trust] The Central Bank of Nigeria (CBN) has said there is an ongoing scam where some fraudulent persons are diverting unsuspecting members of the public to a fake website purported to belong to the bank.

source: AllAfrica News: Nigeria

Melaye – Ministry Spent $35m On Afam Power Project Without Appropriation

[This Day] Abuja -Senator Dino Melaye (Kogi APC) has alleged that the sum of $35 million was spent on the Afam Fast Power project by the Ministry of Power without any appropriation or feasibility studies.

[This Day] Abuja -Senator Dino Melaye (Kogi APC) has alleged that the sum of $35 million was spent on the Afam Fast Power project by the Ministry of Power without any appropriation or feasibility studies.

source: AllAfrica News: Nigeria

MTN Restates Commitment to List On NSE in Six Months

[This Day] MTN Group in South Africa has reiterated its commitment to list its Nigerian subsidiary on the Nigerian Stock Exchange (NSE) in the next six months as part of the settlement of the $1 billion fine imposed on it in 2015 by the Nigerian Commun…

[This Day] MTN Group in South Africa has reiterated its commitment to list its Nigerian subsidiary on the Nigerian Stock Exchange (NSE) in the next six months as part of the settlement of the $1 billion fine imposed on it in 2015 by the Nigerian Communications Commission (NCC) over the failure by the telecoms company to deactivate 5.2 million unregistered SIM cards on its network.

source: AllAfrica News: Nigeria

The Film Festival That “Captured My Heart”

[This Day] On Sunday, inside the Genesis Deluxe Cinema in Lagos, Access Bank’s Chief Executive Officer, Herbert Wigwe, donning a dark, checkered tuxedo and a pink-coloured bow-tie, stood in front of a horde of eye-pairs, to talk about stories and how t…

[This Day] On Sunday, inside the Genesis Deluxe Cinema in Lagos, Access Bank's Chief Executive Officer, Herbert Wigwe, donning a dark, checkered tuxedo and a pink-coloured bow-tie, stood in front of a horde of eye-pairs, to talk about stories and how they shape the future.

source: AllAfrica News: Nigeria

Oil Companies to Invest $15bn in Gas, Seek Competitive Fiscal Regime

[This Day] Oil and gas companies operating in Nigeria have committed to invest $15 billion in Nigerian gas development in the next couple of years and have urged the federal government to ensure that the reform bills presently before the National Assem…

[This Day] Oil and gas companies operating in Nigeria have committed to invest $15 billion in Nigerian gas development in the next couple of years and have urged the federal government to ensure that the reform bills presently before the National Assembly are predictable and competitive to sustain investments.

source: AllAfrica News: Nigeria