On the 25th of April, Bloomberg reported that ‘a large fuel-production unit at Nigeria’s Dangote Oil Refinery’ was undergoing maintenance. However, the Dangote Refinery has come out to dispute this report. Dangote Refinery disputes reports of fuel production unit undergoing maintenance. Spokesperson claims refinery is loading millions of litres of fuel daily. Initial report claimed…
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The World Bank projects that economic activity in Sub-Saharan Africa will climb from 3.3% in 2024 to 3.5% in 2025, and further accelerate to 4.3% by 2026–27. Economic activity in Sub-Saharan Africa projected to increase from 3.3% in 2024 to 3.5% in 2025, and further to 4.3% by 2026-27. Growth being weighed down by largest…
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A mining company backed by U.S. billionaires Bill Gates and Jeff Bezos is expanding operations in the Democratic Republic of Congo’s rich mineral sector. US mining company, backed by Gates and Bezos, expanding operations in DR Congo for rare minerals US investors, including Gates and Bezos, have raised $1bn for mining operations in DR Congo…
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Tanzania has decided to lift a ban on imports of agricultural produce from Malawi and South Africa, just days after imposing it Tanzania lifted the ban on agricultural imports from Malawi and South Africa Ban was initiated in response to trade restrictions imposed by neighboring countries Tanzania cited trade imbalances and lack of reciprocity as…
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The Federal Bureau of investigation (FBI)’s Operation Artemis has reported over $65 million in financial losses, due to sextortion crimes, with some cases linked to Nigerian nationals. Operation Artemis launched in response to a reported 30% surge in sextortion-related information Collaboration with Canada, Australia, and the United Kingdom to tackle sextortion crimes linked to Nigerian…
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Spotify users outside the United States are set to see higher subscription prices, as the streaming giant moves to adjust its rates in several international markets. Spotify is planning to raise its monthly subscription prices in Europe and Latin America The company does not intend to raise prices in the United States in June, but…
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