Nigeria’s Dangote Refinery has for the first time sourced crude oil from Ghana, in a move that reflects its diversification strategy as the $20 billion project works to stabilize output and silence speculation over technical setbacks. Dangote Refinery in Nigeria has begun sourcing crude oil from Ghana to diversify its supply chain. The refinery is…
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The Nigerian entertainment industry has grown from a small, resource-constrained sector to a worldwide powerhouse. The Nigerian entertainment industry has evolved into a global force, encompassing music, cinema, and digital content. Afrobeats, originating from West Africa, is Nigeria’s most significant cultural export, shaping global trends in music. Prominent Nigerian artists like Burna Boy, Wizkid, and…
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A growing number of Nigerian citizens are finding themselves locked out of the United States, despite holding valid visas that were issued months or even years ago, as visa denials quietly mount. A number of Nigerian citizens with valid U.S. visas are experiencing sudden revocations without warning. The U.S. Embassy in Nigeria has annulled visas…
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South African container ports have set a new operational milestone, moving a record 18,689 twenty-foot equivalent units (TEUs) in a single day during August, the highest daily volume recorded since the pandemic. South African ports set a daily operational milestone by moving 18,689 TEUs in August. The Southern African Association of Freight Forwarders highlighted this…
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Across Africa, the strength of a country’s currency frequently influences its cost of living, trade performance, and economic stability. When the currency of an African country drops dramatically, it exposes the economy to greater import costs, inflationary pressures, and decreased investor confidence. Currency strength significantly impacts economic conditions in African countries. Ghana’s currency, the Cedi,…
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Africa’s two largest economies are feeling the strain of Washington’s tariff crackdown, as Nigeria and South Africa adjust their postal services to comply with sweeping new rules imposed by the United States. The United States’ new tariff regulation affects international postal shipments, particularly from Nigeria and South Africa. The South African Post Office (SAPO) has…
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