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Nigerian government exempts Dangote from border closure – report

The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria may be opening up trade with neighbors after a year-long blockade. The administration of the President Muhammadu Buhari gave its authorisation for Africa’s biggest producer to export cement to Niger and Togo in the third quarter for the first time in ten months, Michel Puchercos, chief executive officer, said on an investor call in Lagos. The export was made possible “through authorisation given by this administration,” he said. The exemption to Dangote Cement is seen as a softening of the government’s position on a border closure that started in ...

MFM Pastor Olukoya decries link with fraud

General Overseer of Mountain of Fire and Miracles Ministries (MFM), Dr. Daniel Kolawole Olukoya, has denied involvement in any fraudulent activities as being portrayed in some sections of the media, which he accused of being bent on churning out malicious stories against him and the church. Defending Dr. Olukoya, in a statement, his media aide, Mr. Collins Edomaruse, said the seven allegations laid against the general Overseer and the MFM were without foundation, but intent to damage his reputation and destroy the global image of the church. Edomaruse also said “It has become pertinent for the purpose of clarity to respond to the false allegations being peddled against the Mountain of Fire and Miracles Ministries and our General Overseer – Dr. D. K. Olukoya in the social media particularly...