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Bharti Airtel to delay $8 billion Africa business IPO listing

Bharti Airtel Limited may delay its planned Initial Public Offering (IPO) of its Africa unit due to the turmoil in emerging-market stocks, a source close to the company said.
Nigerian National Petroleum Corporation (NNPC)

NNPC extends crude-for-product swaps until June 2019

Nigeria's state oil firm NNPC has extended its crude-for-product swap contracts, the country's main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said.

NNPC selects Vitol, Trafigura, Sahara, Oando, 46 others for crude term contracts

It was gathered that as part of the efforts to encourage local participation in the lifting contracts, the corporation selected 20 Nigerian companies, unlike in the 2017/2018 contracts where 18 Nigerian companies made the list.

NNPC issues two-year crude oil contracts

The Nigeria National Petroleum Corporation (NNPC) said it has issued crude export contracts that are expected to last two years instead of the usual one year.

Nigeria in talks with firms to revamp oil refineries

Nigeria’s state oil firm NNPC is in the final stages of talks with two consortiums that include top traders, energy and oil companies to revamp its rundown refineries.

Senator Tayo Alasoadura asks President Buhari to suspend Ibe Kachikwu, Maikanti Baru

Alasoadura specifically stated that Baru’s continued presence at the NNPC could jeopardise the Senate investigation into the allegations that he allegedly approved contracts to the tune of $25bn without the approval of the corporation’s board.

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Miners at work in a mine shaft. AFP

About 40 people remain trapped in Liberian gold mine

Fellow miners have been using their bare hands to remove debris in an effort to free some 40 gold miners who have been trapped for a week, a spokesperson for Liberia's disaster management agency said on Sunday.

APGA alleges plot by PDP to rig Abia elections

The All Progressive Grand Alliance (APGA) in Abia says it has uncovered the Peoples Democratic Party’s (PDP) grand plot to rig the general elections in the state.

Ebun-Olu Adegboruwa: Movement restriction during elections is illegal

Activist lawyer, Mr Ebun-Olu Adegboruwa, has warned the police against restricting human and vehicular movements on election days, saying it is unconstitutional.
INEC sensitive materials

Election: PDP, APC trade words over withdrawal of INEC sensitive materials

The People’s Democratic Party (PDP) in Ekiti, on Sunday accused the Independent National Electoral Commission (INEC), of alleged plan to rig the Presidential and National Assembly elections in favour of the ruling All Progressives Congress, (APC).

NCDC: Nigeria exceeds emergency threshold for Lassa fever

With 136 confirmed cases of Lassa fever, 31 death and 22.8 percent fatality rate, the Nigeria Center Disease Control (NCDC), said that Nigeria has exceeded the emergency threshold for Lassa fever.