Africa Business Nigeria West Africa World 

Dangote has world’s largest crude distillation equipment

Dangote has announced that it has taken delivery of the “world’s largest single train crude distillation column” at its Oil Refinery in Nigeria. The company said in a statement on Sunday that “this magnificent engineering masterpiece weighs 2250 MT (excluding internal trays); 112.5 m long; 14m wide and 13.75m tall and can fractionally distill 650,000 Barrels Per Stream Day.” In 2018 Aliko Dangote signed a $650 million loan facility with the African Export-Import Bank (Afreximbank). The loan facility was meant to fund Dangote’s oil refinery project in Nigeria. Dangote industries…

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Africa Business Nigeria West Africa World 

Nigeria secures $210 mln loan from AfDB for power project

The African Development Bank (AfDB) has approved a $210 million loan to help Nigeria upgrade its dilapidated electricity transmission and distribution network. The loan to Transmission Company of Nigeria (TCN) will support construction of 330KV double circuit quad transmission lines and sub-stations across the country, the bank said in a statement late on Friday. The AfDB funded project will run across seven states and will improve the capacity of power grid where it is most constrained. Nigeria privatised most of its power sector in 2013 but retained control of its…

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Africa Nigeria World 

Opinion: Is Africa ready for 5G?

The twittersphere was buzzing this week with the news that the telecommunications company MTN had started testing 5G superfast mobile internet in Nigeria, a first for West Africa. After live 5G demonstrations in Abuja and Calabar this week, MTN plans to showcase the technology in several other Nigerian cities during the three-month trial period. Nigeria hopes to start rolling out 5G in select cities in 2020 – one of the few African countries that have committed to the new mobile technology. Gabon is also holding trials, while Lesotho and South Africa…

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Africa Featured Nigeria West Africa World 

Nigerian ‘witchcraft conference’ sparks outrage

A conference meant to discuss issues related to witchcraft in a Nigerian University has sparked outrage. The two-day event being organised by the University of Nigeria in Nsukka in the eastern state of Enugu has angered community members largely dominated by Christians. Protests were staged by religious groups mainly Christians and Muslims. It forced the academic conference to change the topic to a more attractive topic of “dimensions of human behaviour”. Witchcraft or what many in Africa refer to as “Juju” is abhorred by Christians and Muslims who consider it…

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Africa Nigeria West Africa World 

ECOWAS Parliament condemns Nigeria border closure

The ECOWAS Parliament has called for the reopening of Nigeria’s land border describing its closure as running contrary to ECOWAS Protocols. For over three months, the West African giant has closed its border with Benin, Niger and Cameroon arguing that the decision is in the country’s national interest; to increase local agricultural production, curb influx or substandard goods and prevent the smuggling of weapons and other vices into the country. But the decision has had devastating effects on neighbouring countries whose traders are counting loses as truckloads of produce remain…

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Africa Featured Nigeria Southern Africa World 

Burna Boy concert in SA cancelled over ‘threat of violence’

Two concerts in South Africa expected to feature Nigerian star Burna Boy have been cancelled. According to a statement from the organizers, the decision was due to “increasing threats of violence”. Burna Boy was scheduled to appear at the Africans Unite concerts in Cape Town and Pretoria the coming weekend. When his appearance on these two shows was announced, it attracted a lot of xenophobic reactions. The musician had vowed not to visit South Africa again in the wake of recent xenophobic attacks on foreigners including Nigerians. So his decision…

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Africa Nigeria West Africa World 

Nigeria: Couples suspend planned marriages over wedding tax

Several couples in the Nigerian state of Kano have halted their plans of getting married following the imposition of a wedding tax. The tax imposed by the chief of the Kera village some four months ago requires grooms to pay 137,000 naira ($377, £294). Prior to the imposition of the wedding tax grooms were required to provide furniture and kitchen ware to the bride’s family when they get married. Reports say there has not been a single wedding ceremony in a village in the Kano state since the tax was…

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Africa Business Ghana Nigeria World 

Twitter founder arrives in Nigeria for Africa tour

The co-founder and CEO of Twitter Jack Dorsey has arrived in Nigeria for the start of a month-long trip in Africa. He will be spending the whole of November in Africa, visiting Ethiopia, Ghana, Nigeria, and South Africa. Dorsey had said before his trip that he would be spending a lot of time with entrepreneurs in these countries he is visiting. He has been tweeting about his trip, saying he had had dinner with “some new friends”. Great dinner w some new friends pic.twitter.com/HsCwicfouN — jack 🌍🌏🌎 (@jack) November 7,…

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Africa Business Ghana Nigeria West Africa World 

Ghana: Local traders lock up shops of foreigners

Local traders in Ghana’s second largest city of Kumasi on Wednesday locked up shops belonging to foreigners in some commercial hubs. The closure took place in areas like Alarbar, Adhye and Kejetia with Nigerian traders bearing the most brunt. It’s unclear what sparked the said lock up but local media reported it was a distress action coming on the heels of the closure of the Nigerian border which has affected several Ghanaian traders. The leader of Nigerian Traders Union in the Ashanti region where the lock ups took place, Chief…

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Africa Ghana Nigeria West Africa World 

Ghanaian traders push for ban on imports from Nigeria

Ghana’s government is under pressure to ban all imports from Nigeria as a sign of disapproval to the ongoing closure of Nigeria’s borders with neighbouring West African countries. Nigeria, Africa’s top oil producer has for months now closed its borders to stop what it claims was the smuggling of rice, weapons and sub-standard goods into the country. But the closure is having devastating effects on other ECOWAS member states like Ghana. Ghana’s Union Traders Association (GUTA) is now requesting that Ghana’s government also closes its eastern corridor to all imported…

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