Nigeria has signed a $3.5 billion gas supply agreement for the Brass Fertiliser and Petrochemical Project, marking a significant step towards economic diversification and agricultural development. This deal involves major oil and gas industry players, including the Nigerian National Petroleum Company and international partners. Located in the Niger Delta region, the Brass project will produce […]
Related Posts
Google’s new AI tech may know when your house will burn down
Wildfires are becoming an increasingly common threat worldwide. Record-breaking burns from Australia to the Amazon to the United States are devastating the environment. The deadly wildfires that raged across Los Angeles in January were estimated to have caused more than $250 billion in damages. Current satellite imagery is often low resolution, infrequently updated and unable to […]
Challenges Prompting Multinationals’ Exit from Nigeria
In 2023, Nigeria witnessed a notable transformation in its business landscape as numerous multinational corporations opted to scale down their operations or exit the country altogether. A range of economic challenges drove this trend. For instance, Procter & Gamble (P&G) and Unilever shifted to import-only models. They faced difficulties with the local currency and repatriating […]
UN Approves Multi-National Force for Haiti Security
The UN Security Council gave the green light for a one-year international force in Haiti on Monday. This move aims to tackle rising gang violence and boost internal stability. Haitian Prime Minister Ariel Henry and the U.S., Canada, and the Dominican Republic had pushed for this action. UN Secretary-General António Guterres also advocated for it. […]