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Nigeria, São Tomé and Príncipe to exploit 500 million barrels of oil

French oil giant Total and Nigeria-São Tomé and Príncipe Joint Development Authority (JDA) last week signed a new production sharing contract (PSC) to grant exclusive right to begin exploration activities in three blocks. According to a local media, the blocks 7, 8 and 11 are located within the hydrocarbon-rich Joint Development Zone (JDZ) owned by […]

Nigeria Decides: 84 million people registered to vote in 2019 polls

The Independent National Electoral Commission of Nigeria on Monday disclosed that over 84 million persons have registered to vote in upcoming polls. The commission’s boss Prof. Mahmood Yakubu presented copied of the voters’ roll to party representatives in the capital city, Abuja. The upcoming elections pits Buhari leading the All Progressives Congress, APC, against Atiku […]

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Newly IDPs fleeing attacks in northeast Nigeria, top 2,000

After fleeing terrorist attacks, as well as clashes between Government forces and militia, more than 2,000 newly displaced Nigerians have arrived in an already over-stretched camp known as Teacher’s Village, in Maiduguri, the capital of the country’s Borno State. The UN humanitarian coordination office, OCHA, reported on Thursday that escalating attacks by non-State armed groups […]

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Elections, regional security, economy top agenda of ECOWAS summit

West Africa’s regional bloc ECOWAS last weekend urged Nigeria and Senegal to ensure peaceful, free and transparent elections next year. The call was contained in a final communiqué of the 54th ordinary session of the ECOWAS authority of heads of state and government in Abuja. Nigeria and Senegal will hold general elections in February 2019. […]

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Nigeria: Buhari presents $28.8 bln 2019 budget to parliament

Nigerian President Muhammadu Buhari on Wednesday presented a $28.80 billion budget for 2019 to parliament. Nigeria, Africa’s biggest oil producer and most populous nation, has “recovered from recession” after a slump in 2016, Buhari told a joint session of the Senate and House of Representatives in the capital, Abuja. The 2019 spending plan assumes crude […]

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Mauritania Awards Total Two New Exploration Contracts

The Mauritanian government has awarded French energy group Total two new exploration and production contracts in the country’s deep offshore. According to the terms of the contracts, Total will be the operator of blocks C15 and C31 with a 90-percent interest, while Mauritania’s state-owned energy firm Société Mauritanienne des Hydrocarbures et de Patrimoine Minier (SMHPM) […]

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Nigeria: Presidential candidates ink election “peace pact”, a main challenger snubs it

Nigeria’s President Muhammadu Buhari on Tuesday signed a deal for peaceful elections but his main challenger for the upcoming election, Atiku Abubakar, snubbed the peace pact. “We, the candidates pledge to uphold the highest standard of conduct and encourage our teeming supporters to do the same,” the 75-year-old former military ruler said after signing the […]

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Nigeria: Less than 2 percent GDP growth in 2018 – World Bank

Nigeria’s economy is expected to post less than 2 percent growth this year. The growth is largely driven by the non-oil industry and service sectors, the World Bank said on Wednesday. Nigeria’s emergence from recession last year remains sluggish, and sectoral growth patterns are unstable. In the second quarter of 2018, the oil sector contracted […]

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Chad Hosts Regional Summit over Boko Haram

Chadian capital N’Djamena is hosting this Thursday (Nov.29) a meeting of the heads of State of Cameroon, Central African Republic, Chad, Niger, Nigeria to look into the security situation in the areas targeted by the Boko Haram insurgency. The summit was summoned by by President Muhammadu Buhari of Nigeria in his capacity as Chairman of […]

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Obama plotted my defeat in 2015 – Nigerian Goodluck Jonathan

Former Nigerian President Goodluck Jonathan, on Tuesday in Abuja, said he lost the 2015 general elections in Nigeria because of Barack Obama. The ex-president described the former US president as overbearing and ‘condescending’ in his message to Nigerians ahead of the election. He said Obama displayed an unusual level of bias during the 2015 elections, […]

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