current events wiki

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In west africa there are trade agreements being made with europe, however some states are entering the trade agreements and exluding others. People feel like these trade agreements are hurting the goal to drive for Africa's unity. Also there is a problem with the amount of e-waste in Nigeria. E-waste is old or broken computer peices that are being discarded. Nigeia has the largest amount of e-waste. Also the National Insurance Commission (NAICOM) has liquidated 7 insurance companies becasuse the companies have failed to raise their respective capital base in tune with there capitalisation mandate. Also last year in Nigeria the federal government told the oil producers to stop gas flaring by January 1, 2008 or a fine of $3.5 per 1000 standard cubic feet of gas flared. Also in west africa the London Mining Company and the Saudi-based National Mining Company took over the defunct Marampa mines. In Algeria the president Umaru Musa Yar'Adua signed a policy making it so that the suply of gas at the lowest commercially sustianable prices would be facilitated.


The management of the Nigerian Stock Exchange (NSE) on thursday made it so theAfrican Independent Television (AIT) could raise about N1.8 billion from the capital market. The buiseness Transcorp had long-suppressed disagreements within the board has lead to the resignation of three board members. Also two of the main industryies in nigeria, Virgin Nigeria Airways Limited and Bi-Courtney Aviation Services Limited, ever since a goverment order saying to relocate its domestic operations to the new domestic terminal of the Murtala Muhammed Airport. In nigeria it was also found that the lack of electircity is holding the country back when it comes to manufacturing. Again in Nigeria the government put a ban on Gunvor International, a Swiss based firm and a regular importer of blended petroleum products into the country. In Nigeria the budget for N498 billion for the the National Assembly (NASS) (about oil)