At least 45 people were killed after Monday's intensely heavy rainfall in South Africa's eastern coastal province of KwaZulu-Natal flooded settlements, ravaged homes, swept away roads and displaced dozens, officials said on Tuesday.
The Central Bank of Nigeria (CBN) has given South African telecommunication giant MTN approval to run a conventional commercial bank, the company said on Monday.
Former South African President Jacob Zuma is pursuing private prosecution proceedings to remove the lead prosecutor in an arms deal corruption trial after failed legal challenges, his foundation said on Sunday.
President Cyril Ramaphosa has warned South Africans against taking the law into their own hands as anti-immigrant sentiment again flares up in the country.
“Drugs destroy our youths both in Nigeria and South Africa. These drugs are peddled by syndicates across our two countries, this is why we need to partner and collaborate to dismantle their evil web and stop their criminal trade.”
Fidelity Services Group, the largest private security firm in South Africa, is considering an initial public offering, according to people familiar with the matter, which would be the country’s first in four years.
South Africa abstained in a vote in the United Nations General Assembly on the resolution condemning the Russian invasion of the Ukraine, and demanding their withdrawal.
South Africa President Cyril Ramaphosa says he has been asked to help mediate peace between Russia and Ukraine, after having spoken to his counterpart Vladimir Putin.
Nigeria has recorded its highest monthly crude oil loss in a long time as a result of disruptions due to maintenance, community issues and force majeure at the Forcados terminal, THISDAY has learnt.
Last week, the OPEC+ group concluded its monthly ministerial meeting and decided to maintain status quo on its pre-approved production adjustment plan.
The Centre of the Promotion of Private Enterprise (CPPE) has said the Russian invasion of Ukraine has multidimensional implications for the Nigerian economy, particularly, if the conflict escalates.
The west African oil rich nation of Nigeria signed a Memorandum of Understanding (MoU) with Equatorial Guinea on February 23, 2022, at the fifth Nigeria International Energy Summit 2022.
Nigeria’s Global Terrorism Index (GTI), has improved with the country moving up to the sixth position as killings and insurgency perpetrated by Boko Haram terrorists dipped by 72%, according to a report released on Friday by an independent terrorism research body, the Institute for Economics & Peace (IEP).