Nigeria: NNPC’s Record Profit – Beneath the Surface
[Leadership] Last week, the Nigerian National Petroleum Company (NNPC) released its financial statement for the fiscal year ending December 2023, revealing a record net profit of ₦3.297 trillion. This announcement, marking a significant increase of over ₦700 billion from the previous year, has generated considerable attention and celebration. NNPC spokesperson Olufemi Soneye highlighted the impressive nature of this profit, presenting it as a testament to the company's robust performance amidst ongoing challenges.
6 Polish students and a lecturer freed from detention in Nigeria
The ministry's spokesman, Pawel Wronski, said the seven Polish citizens have had their passports, laptops and belongings returned and were staying at the university campus in the northern Nigerian city of Kano, waiting for the trip back.
Burkina Faso nationalises two gold mines, ending legal dispute between rival companies
Burkina Faso has nationalised two gold mines for a sum of around 80 million dollars, ending a legal row between rival companies Endeavour and Lilium Mining. As part of the deal, the companies will abandon their legal cases against each other, launched after Endeavour sold the mines to Lilium.
Algerian opposition figure arrested
Ghares, who once led the now-banned leftist Democratic and Social Movement party, was apprehended by plainclothes officers at his home in Algiers, the capital.
Uruguayan football player dies days after collapsing during a game
On social media, his club Nacional, and former clubs expressed their “deep pain” and extended their sympathies to Izquierdo's family.
Africa has almost 4,000 new mpox cases in a week, but the wait for vaccines continues
Eighty-one deaths from mpox were reported in Africa in the past week, bringing the total cases and deaths to 22,863 and 622, respectively, Dr. Jean Kaseya, head of the Africa Centers for Disease Control and Prevention, told an online briefing.
Kenyan police officers in Haiti face pay delays
About 400 Kenyan officers landed in the Carribean nation for a multinational mission aimed at supportting the Haitian Police in its fights against gangs.
South Africa’s Johan Rupert overtakes Dangote as Africa’s richest man
South African luxury goods magnate Johann Rupert has become Africa’s wealthiest person, overtaking Nigeria’s Aliko Dangote, who previously held the top position.
Pacific leaders meet in Tonga and support Pacific policing initiative
Leaders of Pacific nations held their annual meeting in Nuku’alofa in Tonga on Wednesday, with Australian Prime Minister Anthony Albanese securing regional support for the Pacific Policing Initiative.
South Africa investigates alleged $7B corruption at state-owned companies
South Africa is investigating alleged $7B corruption at state-owned companies