NewsWest Africa

Sat,22Sep2018

West Africa

Africa's richest man arranges $4.5 bln of financing for oil refinery

Oct. 8, 2012:  Nigerian billionaire businessman Aliko Dangote attends a global business environment meeting in Lagos, Nigeria. Photo:Sunday Alamba/AP/SIPAAfrica's richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters.

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Nigeria: The state of the states

 

Frederic Soltan/Corbis via Getty imagesAhead of elections planned for 2019, The Africa Report presents its first ranking  of Nigeria’s 36 states, showing what is working and what is not. 

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Nigeria central bank asks lenders to bid for Chinese yuan -traders

People walk past a mural displaying world currency symbols on the outside of a bank in Beijing, Friday, July 20, 2018. Photo: Mark Schiefelbein/AP/SIPANigeria's central bank asked lenders on Friday to submit bids for the Chinese yuan, traders said, in the first auction after it agreed a $2.5 billion swap with its Chinese counterpart in May.

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A Reporter's Diary in the Middle Belt – Day 6

Rabiu, a young Fulani resident of Jengre, Nigeria
A few years ago, there were some skirmishes between Fulani settlers and their neighbours in a small community called Jengre in Bassa local government area, which is a 45-minute drive away from Jos, the Plateau State capital, and close to the border between Plateau and Kaduna states. However, things were resolved pretty quickly by the village chiefs before it could escalate.

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A Reporter's Diary in the Middle Belt – Day 5

An official from the Christian Women for Excellence and Empowerment in Nigerian Society gives relief items to the head of the village of Bet - Credits: Eromo Egbejule
Over the past two days, 15-16 July, I have spoken with a few survivors of the vicious attacks by suspected herdsmen across Plateau State during the period of 21-24 June. These people come from various villages and represent different ethnicities, ages, genders and religions. But there has been a recurring factor common to all: the looting of harvested crops by the attackers. The displacement of farmers could have a big impact on local and national food security.

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A Reporter's Diary in the Middle Belt – Days 3-4

A camp for internally displaced people in Jos
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) is the umbrella body for cattle owners in Nigeria, including herders. The president of Nigeria has a ceremonial role in the group. Former president Goodluck Jonathan acknowledged the role; President Muhammadu Buhari, a cattle owner himself, embraced it, even before his emergence as Nigeria's number-one citizen.

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