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AFRICANGLOBE - Nigeria's Senior Special Assistant to the President on Foreign and Diaspora Affairs, Abike Dabiri-Erewa, has advised Nigerians to postpone their travel plans to the United States. "In the last few weeks, the office has received a few cases of Nigerians with valid multiple-entry US visas being denied entry and sent back to Nigeria. “In such cases reported to the office, such affected persons were sent back immediately on the next available flight and their visas were cancelled,” she said.
AFRICANGLOBE - Through its recent investments, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into a net exporter of cement. Nigeria was one of the largest importers of the product globally purchasing an estimated 5.1 million metric tons, an amount that heavily weighed on the country’s balance of payments.
AFRICANGLOBE - Nineteen years after it was first awarded to a controversial firm, OPL 245 has reverted back to the federal government. The block, considered the richest in Africa, is estimated to contain over 9 billion barrels of crude and even larger volume of gas reserves.
AFRICANGLOBE - Taiwan protested on Thursday after Nigeria asked it to shut down its trade office in the capital, in what it said was an attempt by Beijing to push it out of Africa’s largest economy. The island’s foreign ministry said Nigeria had asked Taiwan to move its trade office out of the capital Abuja in a show of support for Beijing.
AFRICANGLOBE - Nigeria may have reclaimed its position as Africa's top oil producer which it lost to fellow African oil producer, Angola earlier in March 2016. According to the December 2016 Monthly Oil Market Report (MOMR) of the Organisation of Petroleum Exporting Countries (OPEC), crude oil production from Nigeria rose slightly above that of Angola even before the January 2017 planned production cut agreed by OPEC and non-OPEC producers.
AFRICANGLOBE - Nigeria’s anti-corruption agency on Friday arrested another former government minister in connection with a $2.1 billion corruption case. Former aviation minister Femi Fani-Kayode was arrested at around 1.55 p.m. local time outside a court building in Ikoyi, Lagos State.
AFRICANGLOBE - Nigeria expects its oil production rate to jump by 22% by the end of the year to 2.2m barrels per day (bpd) from current levels, its oil minister said on Monday, adding he hoped a force majeure on all its oil fields would be lifted by December or January.
AFRICANGLOBE - The Nigerian National Petroleum Corporation (NNPC) has said that its strategy to fund capital intensive projects in the upstream sector of the oil and gas industry has begun yielding fruits with the signing of a Memorandum of Understanding (MoU) with some Chinese companies worth $50 billion for infrastructure development.
AFRICANGLOBE - Nigeria's National Film and Video Censors Board (NFVCB) said Monday that the North Korean Mission in Nigeria had made a formal complaint to it over the "illegal" distribution of a film which the mission regarded as provocative.
AFRICANGLOBE - By now you probably know a lot about the amazing luxury cars that Floyd "Money" Mayweather. Floyd buys cars like most of us buy eggs, once a week and 12 at a time. What you may not know, is that Floyd has hired someone to manage his ever growing car collection. That man is named Obi Okeke, and he has a very interesting story.
AFRICANGLOBE - It will be 100 days since Muhammadu Buhari took on arguably the most important job in Africa on Sunday: the presidency of Nigeria, the most populous nation and largest economy on the continent.
AFRICANGLOBE - Zimbabwe’s President, Robert Gabriel Mugabe is the world’s most educated President with 7 degrees, two of them are Masters. Ethiopia’s economy is growing faster than China’s. Check out these and many other amazing facts about Africa.
AFRICANGLOBE - The Nigerian Army yesterday uncovered a massive illegal bunkering site located at Makoba Beach, about one kilometre from the Rivers Port Complex located in Port Harcourt, the Rivers State capital.
AFRICANGLOBE - Nigeria’s President Muhammadu Buhari directed the country’s defense ministry to work toward local production of weapons, a step that appears to be in response to the West’s reluctance to sell weapons to Nigeria