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ABUJA, Nigeria (AP) — Africa’s fashion industry is growing rapidly to meet local and international demand but inadequate investment limits its potential, UNESCO said Thursday in a report released during Lagos Fashion Week. The demand for African fashion brands is also spurred by the growth in e-commerce, the UNESCO report noted. It’s really beautiful to see because it hasn’t always been like this,” said Omoyemi Akerele, who founded the Lagos Fashion Week in 2011 to encourage the patronage of Nigerian and African fashion. In Nigeria and other parts of Africa, young fashion designers are hungry for success and are taking over the global scene, said the UNESCO director-general. “So Africa is really the next frontier (for the fashion industry).”___Associated Press journalist Dan Ikpoyi in Lagos, Nigeria contributed.

Persons: Audrey Azoulay, ”, Omoyemi Akerele, “, Ejiro Amos, Tafiri, Dan Ikpoyi Organizations: UNESCO, Lagos Fashion, U.S . International Trade Administration, Associated Press Locations: ABUJA, Nigeria, Lagos, Africa, Nigerian

☆ Nigeria's top court affirms Tinubu's election win
▼ + stars: | 2023-10-26 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsNigeria's top court affirms Tinubu's election winPostedNigeria's Supreme Court on Thursday (Oct. 26) upheld President Bola Tinubu's election win, bringing to an end a legal challenge brought by his two main rivals who argued that his victory was marred by irregularities. Trevor Koroll has more.

Persons: Bola Tinubu's, Trevor Koroll

☆ Nigerian Supreme Court upholds President Tinubu's election win
▼ + stars: | 2023-10-26 | by ( Camillus Eboh | ) www.reuters.com time to read: +2 min

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsABUJA, Oct 26 (Reuters) - Nigeria's Supreme Court on Thursday upheld President Bola Tinubu's election win, bringing to an end a legal challenge brought by his two main rivals, who argued that his victory was marred by irregularities. The judgment by seven Supreme Court judges, which is final, follows a pattern seen in previous presidential elections that have been challenged in court. "There is no merit in this appeal, and it is hereby dismissed," said Supreme Court judge John Okoro. The court also rejected Atiku's bid to introduce new evidence that alleged Tinubu had submitted a forged university certificate to the electoral agency.

Persons: Bola Tinubu, Temilade, Bola Tinubu's, Atiku Abubakar, Peter Obi of, Tinubu's, Tinubu, John Okoro, Camillus Eboh, MacDonald Dzirutwe, Estelle Shirbon, Sharon Singleton Organizations: REUTERS, Rights, People's Democratic Party, Labour Party, Thomson Locations: Abuja, Nigeria, Rights ABUJA, Africa's

The decision by Saudi Arabia and Russia to extend the voluntary cuts drove up oil prices to over $90 a barrel in late September. Saudi crude exports to China rose to nearly 1.6 million bpd in September, up from 1.2 million bpd in August and 1.37 million bpd in July, Kpler data showed. U.S. CRUDE EXPORTS FALLAs the U.S. sees less crude imports, it has exported less oil to Europe. U.S. crude exports to Europe fell to 1.86 million bpd in September and 1.84 million bpd in August, from 2.01 million bpd in July, Kpler data showed. Tight supply led the premium for front-month Brent crude futures to rise to as much as $3.26 a barrel above the second month , the highest since 2022.

Persons: Lucy Nicholson, Matt Smith, Smith, refiners, Vortexa's Rohit Rathod, Adi Imsirovic, Brent, Stephanie Kelly, Alex Lawler, David Gregorio Our Organizations: Port, REUTERS, Brent, Organization of, Petroleum, Total U.S, Americas, Kpler, West, Surrey Clean Energy, CSIS, Midland, P, Insights, Thomson Locations: Port of Long Beach, Port of Los Angeles, Los Angeles , California, U.S, Saudi Arabia, Europe, Russia, Nigeria, Algeria, Saudi, China, Richmond , California, Los Angeles, Midland, Brent

☆ Nigeria escapes $11 billion bill after UK court rules over failed gas project
▼ + stars: | 2023-10-24 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

CNN —Nigeria’s government is celebrating a “landmark victory” after a UK court ruled it was not liable for a multibillion-dollar payout earlier awarded to a private firm over a failed gas project. The company had sued for compensation over lost profits following the collapse of a 20-year deal with Nigerian authorities in 2010 to build a gas processing facility. The awarded sum and accumulated interest had now exceeded $11 billion, nearly half of Nigeria’s federal budget for this year. Disagreements after both parties blamed each other for defaulting on obligations led to the failed deal and sparked a lengthy legal battle. Lawyers for the Nigerian government had argued that P&ID induced the country’s officials with bribes for the contract to be awarded to the firm.

Persons: CNN —, Robin Knowles, “, …, ” Knowles, ”, General Lateef Fagbemi, Bola Tinubu, Knowles ’ Organizations: CNN, Developments Locations: British Virgin Islands, London, Nigeria

☆ Nigeria’s paramilitary raids birthday party, arrests 76 gay people
▼ + stars: | 2023-10-24 | by ( ) edition.cnn.com time to read: +1 min

Reuters —Seventy-six people were arrested for attending a birthday party for gay people in northern Nigeria, the country’s paramilitary agency said on Monday, adding that the organizer had also planned to hold a same sex wedding, which is illegal. These are the latest arrests targeting LGBTQ Nigerians after police in August raided a gay wedding in the southern city of Warri in Delta state, and arrested dozens of people. He said 59 men had been arrested, including 21 who confessed to being homosexual, and 17 women. The Gombe NSCDC said in a statement that the organizer of the birthday party had also planned to wed another man, who was still at large, before police raided the event. The case was expected to be heard in the Gombe state High Court on Tuesday, Saad said.

Persons: Buhari Saad, ”, Saad Organizations: Reuters, Nigeria Security, Civil Defence Corps Locations: Nigeria, Warri, Delta, Africa, Gombe, Africa’s

☆ CAB Payments: One of London's biggest IPOs this year has crashed 82%
▼ + stars: | 2023-10-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Three months ago, CAB Payments stumbled when it went public on the London Stock Exchange, its shares falling nearly 10% on their first day of trading on a market that has been starved recently of new listings. The mood went from bad to worse Tuesday, however, when the fintech firm’s shares crashed nearly 74% after it issued a stark warning on revenues. The stock has now lost 82% of its value since listing. In a statement on Tuesday, CAB Payments said that it expects revenue this year would likely come in 17% below its previous guidance but still 20% up on 2022. CAB Payments’ stock was trading at almost 59 pence (72 cents) by 09.01 a.m.

Persons: Merlin Midco Organizations: London CNN —, London Stock Exchange, Payments, Central, West African, Reuters, CAB, Helios Investment Partners, BlackRock Locations: Nigerian, Nigeria, Africa

☆ Halloween chocolate is pricier this year as El Niño hits cacao bean crop
▼ + stars: | 2023-10-23 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

"There is not much room for error, which makes cocoa especially vulnerable to climate change," said Branch. Coupled with an already-pressured sugar market, the cocoa shortage has spooked major chocolate makers, sending prices of classic candies higher this Halloween season. Specialty chocolatiers have so far been immune to the elevated cocoa prices. Greg D'Alesandre, who leads chocolate sourcing for specialty brand Dandelion Chocolate, said its prices are protected from industry-wide volatility because the company pays a premium for high-end cocoa suppliers. A bad cocoa-growing season makes Halloween chocolate not only more expensive, but sometimes, it also makes it smaller.

Persons: David Branch, Candy, Mars, Greg D'Alesandre, D'Alesandre Organizations: Washington , D.C, Wells, Food Institute, National Retail Federation, CNBC, Dandelion Locations: Washington ,, Cocoa, West Africa, Ivory Coast, Ghana, Cameroon, Nigeria

☆ Nigeria Opposition Asks Supreme Court to Overturn President Tinubu's Victory
▼ + stars: | 2023-10-23 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

By Camillus EbohABUJA (Reuters) - Nigeria's two main opposition leaders on Monday asked the Supreme Court to quash last month's tribunal ruling upholding President Bola Tinubu's February election victory, in a last bid to reverse results of a vote widely accepted by the international community. No legal challenge to the outcome of a presidential election has succeeded in Nigeria, which returned to democracy in 1999 after three decades of almost uninterrupted military rule and has a history of electoral irregularities. On Sept. 6 the presidential tribunal rejected petitions by Atiku and Obi to cancel the election result over alleged irregularities. The provision has been interpreted differently by the opposition and Tinubu's lawyers. The Supreme Court, which has the final say in presidential election petitions, has 60 days to pass judgment from the day of the presidential tribunal ruling.

Persons: Camillus, Bola Tinubu's, Atiku Abubakar, Peter Obi of, Atiku, Obi, Tinubu, Camillus Eboh, MacDonald Dzirutwe, Deborah Kyvrikosaios Organizations: Reuters, Monday, People's Democratic Party, Labour Party, Atiku Locations: Camillus Eboh ABUJA, Nigeria, Abuja

☆ Nigeria wins bid to overturn $11 bln damages for collapsed gas deal
▼ + stars: | 2023-10-23 | by ( Sam Tobin | ) www.reuters.com time to read: +4 min

Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. The sum had since swelled with interest to over $11 billion, representing 10 times the country's 2019 health budget. The judge said a further hearing would take place to decide whether to send the case back to arbitration or ditch the $11 billion award without further delay. Both received confidential Nigerian documents during the arbitration that they knew they were not entitled to see, the judge found. Additional reporting by Felix Onuah in Abuja, Editing by Estelle Shirbon and David EvansOur Standards: The Thomson Reuters Trust Principles.

Persons: Bola Tinubu, Temilade, Tinubu, Robin Knowles, Knowles, Nigeria's, Trevor Burke, Seamus Andrew, Burke, Andrew, Felix Onuah, Estelle Shirbon, David Evans Organizations: REUTERS, Monday, London's, Africa's, ID's, Thomson, & $ Locations: Abuja, Nigeria, British Virgin Islands, Nigerian, Africa

☆ A Project Supporting Migrants Was Cost Effective. Why Did It End?
▼ + stars: | 2023-10-23 | by ( Megan Specia | More About Megan Specia | ) www.nytimes.com time to read: 1 min

At the age of 13, she came to England from Nigeria with her relatives for what she thought was a summer vacation. It was only after they arrived in Bedfordshire, in the east of England, that she discovered there were no plans to go back. Because of what she describes as the “irresponsibility” of her guardians, the teenager — now a 26-year-old woman — had no visa or asylum status, and neither did her siblings. “I had no knowledge, no understanding, I just knew that I couldn’t do what people my age were doing,” she said, asking to remain anonymous because of her relatives’ undocumented status.

Persons: —, “, ” Locations: England, Nigeria, Bedfordshire

☆ Nigeria's Paramilitary Raids Birthday Party for Gay People, 76 Arrested
▼ + stars: | 2023-10-23 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

By Ahmed KingimiMAIDUGURI, Nigeria (Reuters) - Seventy-six people were arrested for attending a birthday party for gay people in northern Nigeria, the country's paramilitary agency said on Monday, adding that the organiser had also planned to hold a same sex wedding, which is illegal. There are the latest arrests targeting LGBTQ Nigerians after police in August raided a gay wedding in the southern city of Warri in Delta state, and arrested dozens of people. He said 59 men had been arrested, including 21 who confessed to being homosexual, and 17 women. The Gombe NSCDC said in a statement that the organiser of the birthday party had also planned to wed another man, who was still at large, before police raided the event. The case was expected to be heard in the Gombe state High Court on Tuesday, Saad said.

Persons: Ahmed Kingimi MAIDUGURI, Buhari Saad, Saad, Ahmed Kingimi, MacDonald Dzirutwe, Alison Williams Organizations: Reuters, Nigeria Security, Civil Defence Corps Locations: Nigeria, Warri, Delta, Africa, Gombe, Africa's

☆ Nigeria expects $10 bln in forex inflows in weeks - finance minister
▼ + stars: | 2023-10-23 | by ( Chijioke Ohuocha | ) www.reuters.com time to read: +2 min

ABUJA, Oct 23 (Reuters) - Nigeria expects $10 billion in foreign currency inflows in the next few weeks to ease liquidity in a foreign exchange market that has cramped growth in Africa's biggest economy, finance minister Wale Edun said on Monday. The West African country has faced chronic dollar shortages after foreign investors exited local assets during a period of low oil prices. Since then, investors are yet to return and the central bank has not yet settled outstanding demand for dollars from foreign investors seeking to repatriate funds or airlines seeking to send money from ticket sales abroad. Edun said President Bola Tinubu on Thursday signed two executive orders to allow domestic issuance of instruments in foreign currency and also allow all cash outside the banking system to be brought into the banks. He added that liquidity would also come from state-oil firm crude sales and foreign investment firms willing to invest in Nigeria.

Persons: Wale Edun, Edun, Bola Tinubu, Tinubu, Chijioke, MacDonald Dzirutwe, Bernadette Baum, Mark Potter Organizations: Thomson Locations: ABUJA, Nigeria, Africa's

☆ Analysis: Time for central bank digital currencies to prove their worth
▼ + stars: | 2023-10-22 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsLONDON, Oct 22 (Reuters) - A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove its worth. A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 million users, India is gearing up for a pilot and some 130 countries representing 98% of the global economy are exploring digital cash. Commercial bankers fret about the costs and possible deposit bleeds as customers could move money into central bank accounts, while developing countries worry that an easily accessible digital dollar, euro or yuan could cause havoc in their systems. DEFINING A GLOBAL STANDARDA key unknown is whether the U.S. Federal Reserve or Bank of Japan will launch retail CBDCs. "The current adoption level of eNaira has been reflective of the early stage of CBDC awareness," the country's central bank said in a written response to questions, adding it had been "consistent" with expectations.

Persons: Dado Ruvic, Josh Lipsky, Fabio Panetta, couldn't, Lee Braine, Bo Li, Atlantic Council's Lipsky, Lipsky, Marc Jones, MacDonald Dzirutwe, William Mallard Organizations: REUTERS, European Central Bank, Reuters, Atlantic Council, Facebook, ECB, Barclays, Bank of, U.S . Federal Reserve, Bank of Japan, International Monetary Fund, Atlantic, Thomson Locations: China, India, Western, Nigeria, U.S, Canada, Bahamas, London, Lagos

It's a reminder of the power and potential of Nigeria's rapidly growing film industry. It is the world's second-largest film industry after India based on number of productions, with an average of 2,000 movies released annually. The movie also has been lauded as signifying the potential of the film industry in Nigeria as well as across Africa. In Nigeria, the movie industry is at “the point right now where the world needs to take notice,” Effiong said. He said that's because "The Black Book is a film by Black people, Black actors, Black producers, Black money 100%, and it’s gone ahead to become a global blockbuster."

Persons: —, ”, Editi Effiong, Afolayan's Aníkúlápó, Paul Edima —, Richard Mofe, Edima, ” Effiong, Effiong, “, John Wick, it’s Organizations: Netflix, Associated Press, Twitter, Digital TV Research Locations: ABUJA, Nigeria, Nigerian, Africa’s, India, West Africa, Lagos, Africa, Saharan Africa, “ Africa

In a report published Monday, the London-based Environmental Investigation Agency urged global investors in the three firms - Beijing Tong Ren Tang group (600085.SS), Tianjin Pharmaceutical group (600329.SS) and Jilin Aodong Pharmaceutical Group (000623.SZ) - to divest their stakes. The group said it focused on the pharmaceutical companies because they are publicly listed, and display products that include leopard or pangolin parts on their websites. Beijing Tong Ren Tang and Tianjin Pharmaceutical group did not respond to several emails and calls from Reuters asking for comment. Jilin Aodong Pharmaceutical Group could not be reached for comment. The environmental group said Deutsche Bank, HSBC Holdings, Citigroup and BlackRock did not respond to its queries.

Persons: pangolin, Seun, Beijing Tong Ren Tang, Avinash Basker, Wells, China's, Andrew Silver, Selena Li, Miyoung Kim Organizations: REUTERS, Rights, UBS, HSBC, Environmental Investigation Agency, Tianjin Pharmaceutical, Jilin Aodong Pharmaceutical, TCM, Deutsche Bank, HSBC Holdings, Citigroup, BlackRock, & Co, HSBC Global Asset Management Canada, Royal Bank of Canada, Citigroup ， Deutsche Bank, Reuters, Medical Products Administration, Protection, Thomson Locations: Lagos, Nigeria, Rights SHANGHAI, HONG KONG, London, Beijing, Tianjin, Jilin, Shanghai, Hong Kong

☆ What is most significant in the Pentagon's China military report?
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: +2 min

MISSILES:The report said China probably completed the construction of its three new silo fields in 2022, which has at least 300 new intercontinental ballistic missile (ICBM) silos. The report said China may be exploring developing conventionally armed intercontinental-range missile systems, which, if developed, could allow Beijing to threaten the United States. OVERSEAS BASING:China has been expanding its global military footprint, though it is still much smaller than the United States' network of bases. U.S. ASSISTANCEWhile the report said China has generally ignored or denied the United States' efforts to have military-to-military talks, it described an occasion when Beijing required U.S. assistance. In April 2023, the Chinese military requested U.S. assistance in evacuating Chinese diplomats from Khartoum, Sudan.

Persons: Dado Ruvic, Idrees Ali, Michael Martina, Leslie Adler Organizations: REUTERS, Rights, Pentagon, Thomson Locations: China, Beijing, United States, Burma, Thailand, Indonesia, United Arab Emirates, Kenya, Nigeria, Namibia, Mozambique, Bangladesh, Papua New Guinea, Solomon Islands, Tajikistan, Khartoum, Sudan, The U.S

All three benchmarks had gained more than $1 in earlier trading, and both front-month contracts are set to record a second weekly gain as an explosion at a Gaza hospital this week and an anticipated ground invasion by Israeli troops heightened fears of the conflict spreading in the Middle East. "Signs that an Israeli ground offensive in the Gaza Strip is imminent have been pushing oil prices up significantly since yesterday. So far, however, the supply situation on the market has not changed," Commerzbank analysts wrote in a note on Friday. Oil prices are "likely to remain well supported, especially as the oil market is significantly undersupplied at present", they said. "Venezuelan oil production will not be a significant factor in shaping the global oil balance in the foreseeable future," Tamas Varga of oil broker PVM wrote in a note.

Persons: Andrew Kelly, Brent, Yoav Gallant, Tamas Varga, PVM, Paul Carsten, Florence Tan, Sudarshan, Shri Navaratnam, Jason Neely Organizations: REUTERS, Brent, . West Texas, Israeli, Pentagon, Strategic Petroleum Reserve, U.S . Department of Energy, Reuters, Thomson Locations: Manhattan , New York City, U.S, Gaza, Venezuela, Israel, Yemen, Saudi Arabia, Russia, United States, Washington, OPEC, London

Both front-month contracts are set to record a second weekly gain as an explosion at a Gaza hospital this week and an anticipated ground invasion by Israeli troops heightened fears of the conflict spreading in the Middle East. "Signs that an Israeli ground offensive in the Gaza Strip is imminent have been pushing oil prices up significantly since yesterday. So far, however, the supply situation on the market has not changed," Commerzbank analysts wrote in a note on Friday. Oil prices are "likely to remain well supported, especially as the oil market is significantly undersupplied at present", they said. "Venezuelan oil production will not be a significant factor in shaping the global oil balance in the foreseeable future," Tamas Varga of oil broker PVM wrote in a note.

Persons: Andrew Kelly, Brent, Yoav Gallant, Tamas Varga, PVM, Paul Carsten, Florence Tan, Sudarshan, Shri Navaratnam, Jason Neely Organizations: REUTERS, Minister, Brent, . West Texas, Israeli, Pentagon, Strategic Petroleum Reserve, U.S . Department of Energy, Reuters, Thomson Locations: Manhattan , New York City, U.S, Gaza, Venezuela, Israel, Yemen, Saudi Arabia, Russia, United States, Washington, OPEC, London

☆ Chiamaka Nnadozie: Her father didn’t want her to play soccer. Nigerian star defied him and rewrote the record books
▼ + stars: | 2023-10-20 | by ( Michael Johnston | Amanda Davies | ) edition.cnn.com time to read: +7 min

It’s been a long, winding road from a small semi-urban town in Nigeria to the World Cup knockout stages. Cathrin Mueller/Getty Images Europe/Getty Images‘I was crying’The Nigerian goalkeeper rose to stardom after becoming the youngest-ever goalkeeper to keep a clean sheet at a Women’s World Cup back in the 2019. Only 19 years old at the time, Nnadozie played three games in France, showcasing confidence and authority on a level more commonly associated with seasoned professionals. Nnadozie saves a penalty against Christine Sinclair of Canada at the FIFA Women's World Cup. “When I saw the post, for me, I think she made a good point.”Nnadozie catches a cross while being challenged by France's Kadidiatou Diani at the 2019 Women's World Cup.

Persons: Chiamaka, –, CNN’s Amanda Davies, Nnadozie, It’s, Cathrin Mueller, ” Nnadozie, ’, Randy Waldrum’s, Christine Sinclair, Sinclair, parrying, Morgan Hancock, Alessia Russo, Frida Manuum, Wolfsburg’s Dominique Janssen, ”, ‘, Mary Earps, Chile’s Christiane Endler, France's Kadidiatou Diani, Stephane Mahe, “ Organizations: CNN, Paris FC, Nigeria, World, UEFA Women's, League, VfL Wolfsburg, Getty, ’ ” Nigeria, FIFA, England, Canada, Super Falcons, Women’s Champions League, Arsenal, Paris, Wolfsburg, Women’s, Reuters Locations: Nigeria, Wolfsburg, Germany, Europe, France, Australia, Canada, Randy Waldrum’s Nigeria, Jordan, Nnadozie, England

☆ Factbox-What Is Most Significant in the Pentagon's China Military Report?
▼ + stars: | 2023-10-20 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

In a previous report, the Pentagon estimated that Beijing had more than 400 operational nuclear warheads in 2021. MISSILES:The report said China probably completed the construction of its three new silo fields in 2022, which has at least 300 new intercontinental ballistic missile (ICBM) silos. The report said China may be exploring developing conventionally armed intercontinental-range missile systems, which, if developed, could allow Beijing to threaten the United States. OVERSEAS BASING:China has been expanding its global military footprint, though it is still much smaller than the United States' network of bases. U.S. ASSISTANCEWhile the report said China has generally ignored or denied the United States' efforts to have military-to-military talks, it described an occasion when Beijing required U.S. assistance.

Persons: Idrees Ali, Michael Martina, Leslie Adler Organizations: WASHINGTON, Pentagon Locations: China, Beijing, United States, Burma, Thailand, Indonesia, United Arab Emirates, Kenya, Nigeria, Namibia, Mozambique, Bangladesh, Papua New Guinea, Solomon Islands, Tajikistan, Khartoum, Sudan, The U.S

☆ Niger junta says it has blocked President Bazoum's escape bid
▼ + stars: | 2023-10-20 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

CNN —Niger’s military government said Thursday it foiled a late-night escape attempt by deposed President Mohamed Bazoum to flee to neighboring Nigeria after being held in custody for nearly three months following his ouster in a coup. The deposed Nigerien leader – who has yet to resign as president– had been placed under house arrest since the military junta overthrew him on July 27. Later that month, the junta said it had “gathered the necessary evidence” to prosecute Bazoum for “high treason.”The junta has held on to power despite pressure from Niger’s Western and regional allies. Last week, the US said it was putting a hold on its assistance programs to Niger, including funding while formally declaring Bazoum’s ouster as a coup. The military rulers said they ovethrew Bazoum because of the country’s security problems and struggling economy.

Persons: CNN —, Mohamed Bazoum, Bazoum, they’ll, ”, –, Bazoum’s Organizations: CNN, Nigerien Locations: Nigeria, Niger’s, Niamey, ”, Niger

☆ American Airlines orders four Embraer E175s for Envoy Air
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +3 min

American's previous deal for seven E175s, announced in June, underscored a U.S. regional aviation market recovering from rough years marked by the COVID-19 pandemic. "We maintain our optimistic view on Embraer, and believe that 2024-25 could translate into a period of a solid pipeline of deliveries." The order will take Envoy Air's fleet of E-Jets to more than 150 aircraft by the end of next year, Embraer said. The United States is the main market for the first-generation E-Jets, which Embraer dubs "the backbone" of that country's regional network. Last month, Embraer also announced a firm order for five E175s from Nigeria's Air Peace.

Persons: planemaker, Air's, Pedro Fabregas, Luxembourg's, Aerolineas Argentinas, Francisco Gomes Neto, Gabriel Araujo, Steven Grattan, Brad Haynes, Jonathan Oatis Organizations: Embraer, Reagan, SAO PAULO, American Airlines, EMBR3, Air, E1s, Santander, Jets, U.S, Nigeria's, JPMorgan, Reuters, Thomson Locations: U.S, Washington , U.S, United States

☆ China's Xi Jinping commits to more investments in Nigeria
▼ + stars: | 2023-10-19 | by ( Felix Onuah | ) www.reuters.com time to read: +2 min

It added that another $4 billion worth of letters of intent was received for new projects and investments in different sectors of the economy. Nigeria also signed contracts with China Harbour Engineering Company for the construction of the Lekki Blue Seaport in Lagos. Shettima met Xi, who asked for the protection of Chinese workers in Nigeria, according to the vice president's office. China had committed to rail projects in Nigeria in the past and to a seaport in Bonny Island in the Niger Delta. China had earlier agreed to provide 85% of the financing for the rail projects.

Persons: Xi Jinping, Edgar Su, Kashim Shettima's, Shettima, Xi, Felix Onuah, Chijioke Ohuocha, Jamie Freed Organizations: Initiative, of, People, REUTERS, Rights, Nigeria's National Agency for Science, Engineering Infrastructure, China Harbour Engineering Company, China Exim Bank, Thomson Locations: Beijing, Rights ABUJA, Nigeria, Africa's, Lagos, China, Bonny Island, Niger, Nigeria's

☆ Niger's Ousted President Bazoum Attempts Escape, Junta Captors Claim
▼ + stars: | 2023-10-19 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

NIAMEY (Reuters) - Niger's junta said on Thursday that it had thwarted an escape attempt by ousted President Mohamed Bazoum who has been imprisoned by the military since a July 26 coup despite international calls for his release. The interim authorities said that Bazoum and his family, with the help of accomplices in the security forces, planned to drive a vehicle to the ouskirts of the capital Niamey and catch a helicopter to neighbouring Nigeria. "The strong reaction of the defense and security forces made it possible to foil this plan to destabilize our country," a military spokesman said on national television. Reuters was not able to confirm the account or reach Bazoum, whose whereabouts are unknown. Bazoum's party and family members say he has had no access to running water, electricity or fresh goods, prompting condemnation from former western allies.

Persons: Mohamed Bazoum, Bazoum, Boureima Balima, Edward McAllister, Diane Craft Organizations: Reuters Locations: NIAMEY, Niamey, Nigeria, West Africa's, Sahel, Mali, Burkina Faso

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