MacDonald Dzirutwe

Lagos

Nigeria Bureau Chief @Reuters. Previously Harare. DM open for news tips & story ideas. Views my own, retweets are not endorsements. [email protected]

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Articles

Ecowas still has work cut out on 50th anniversary

1 week ago | businesslive.co.za | MacDonald Dzirutwe |Ope Adetayo

Lagos — The Economic Community of West African States (Ecowas) faces growing threats of terrorism, climate change, military coups, and poverty, its most senior official said on Wednesday as leaders marked 50 years since the bloc’s formation in Nigeria. Jihadist violence has surged this year in Nigeria and the Sahel region, including Burkina Faso, Mali and Niger — nations that have recently seceded from Ecowas in protest over sanctions after military coups.
Nigeria's ruling party endorses President Tinubu for 2027 re-election

2 weeks ago | timeslive.co.za | MacDonald Dzirutwe

23 May 2025 - 11:40 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Nigerian President Bola Tinubu, 73, won the last presidential vote in February 2023, which his two main rivals unsuccessfully challenged in court. File photo. Nigeria's ruling All Progressives Congress (APC) party on Thursday endorsed President Bola Tinubu to run for a second and final term at the next election, due in early 2027.
French media giant Canal+ can acquire MultiChoice with conditions

2 weeks ago | bizcommunity.com | MacDonald Dzirutwe |Chijioke Ohuocha |Mahir Hamdulay |Ryan Bubear

2 days7 days30 daysBy Industry Show moreAdvertise your job vacancies The Competition Commission has recommended that the Competition Tribunal approve, with conditions, the proposed acquisition of South African media company MultiChoice Group Limited by French broadcasting group Groupe Canal+ SAS. This follows the Commission’s investigation of the large merger notification submitted on 30 September 2024, signalling a major development in the local and international media landscape.
Nigeria talks with Petrobras on deep-water acreage, says minister

3 weeks ago | timeslive.co.za | MacDonald Dzirutwe

15 May 2025 - 14:35 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Brazilian oil giant Petrobras began operations in Nigeria in 1998 but sold off its stakes more than 10 years ago to raise cash for domestic projects. File photo. Nigeria is discussing exploration of its deep-water oil acreage with Petrobras, years after the Brazilian oil giant exited the west African nation, Nigeria's foreign minister Yusuf Tuggar said.
Nigéria conversa com Petrobras sobre exploração em águas profundas, diz ministro

3 weeks ago | terra.com.br | MacDonald Dzirutwe

A Nigéria está discutindo com a Petrobras a possibilidade de exploração de petróleo em águas profundas, anos após a estatal brasileira ter deixado o país da África Ocidental, disse o ministro das Relações Exteriores da Nigéria, Yusuf Tuggar. "A Petrobras não está mais ativa na Nigéria, mas está muito interessada em voltar à Nigéria. Eles disseram que querem uma área de fronteira em águas profundas", disse Tuggar em um comunicado do gabinete do vice-presidente.
Nigeria talks with Petrobras on deep water acreage, minister says

3 weeks ago | ca.finance.yahoo.com | MacDonald Dzirutwe

LAGOS (Reuters) -Nigeria is discussing exploration of its deep water oil acreage with Petrobras, years after the Brazilian oil giant exited the west African nation, Nigeria's Foreign Minister Yusuf Tuggar said. "Petrobras is no longer active in Nigeria, but they are very keen on coming back to Nigeria. They said they want frontier acreage in deep waters," Tuggar was quoted in a statement from the vice president's office as saying. Brazil is due to host the BRIC summit, G20 and COP30 this year.
Militants kill 5 soldiers in attacks on two Nigerian bases - security sources

3 weeks ago | timeslive.co.za | Ahmed Kingimi |MacDonald Dzirutwe

14 May 2025 - 10:23 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. At least five soldiers were killed while four sustained gunshot wounds, the Kala Balge district official said. Suspected insurgents killed five Nigerian soldiers in assaults on two army bases in northeastern Borno state early on Tuesday, security sources and a district official said, less than 24 hours after another deadly attack on troops in the region.
Nigeria has repaid R61bn Covid-19 funding, says IMF

4 weeks ago | timeslive.co.za | MacDonald Dzirutwe

Nigeria has repaid $3.4bn (R61.82bn) in emergency funding it received from the International Monetary Fund (IMF) to help the country cope with the impact of the coronavirus pandemic five years ago, the global lender said on Thursday. In April 2020 the IMF provided the financing to help Africa's largest oil exporter cope with a collapse in crude prices, which hit its finances and tipped the economy into recession.
Nigeria approves $652m China Exim Bank road finance package

1 month ago | timeslive.co.za | MacDonald Dzirutwe

Nigeria has approved a $652m (R11.88bn) China Exim Bank funding package for construction of a road to move goods from a sea port and petroleum refinery on the edge of its main city Lagos to its southern states, says public works minister David Umahi. The financing was approved by the federal executive council chaired by President Bola Tinubu on Monday, Umahi said in a statement.
Nigeria's Aliko Dangote 'comfortable' with impact of Trump tariffs on urea exports

1 month ago | zawya.com | MacDonald Dzirutwe |Jan Harvey

LAGOS: Nigerian billionaire Aliko Dangote said on Thursday he was "comfortable" with the impact President Donald Trump's tariffs would have on his urea exports to the U.S. because major competitor Algeria had been slapped with a higher levy. Trump imposed a 14% tariff on imports from Nigeria, Africa's largest oil exporter, as part of widespread trade measures introduced last month, later paused for 90 days.