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Switzerland to return $321m confiscated funds to Nigeria

Switzerland will soon return to the Nigerian government $321m confiscated from Nigerian dictator Sani Abacha’s clan, Swiss government said on Monday. According to Transparency International, Sani Abacha looted up to $5 billion of public money during the five years he ran Africa’s most populous nation, from 1993 until his death in 1998. He was investigated […]

Nigeria suicide bombing kills 50 in Adamawa state

At least 50 people have been killed in a suicide bombing in the eastern Nigerian state of Adamawa on Tuesday, local media reported. According to the police, a bomber struck inside a mosque packed with worshippers during morning prayers in the town of Mubi. Some 20,000 people have been killed in Boko Haram’s eight-year insurgency […]

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Nigerian economy grows 1.4% in Q3 2017

Africa’s largest economy grew 1.4 percent year-on-year in the third quarter, the statistics office said on Monday.Data published by Nigeria’s National Bureau of Statistics (NBS) on Monday shows that the economy grew 1.4 in the third quarter of 2017. The new growth signals the start of a permanent turnaround in the country’s economic fortunes after […]

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Buhari presents record $28 billion budget for 2018

Nigerian ailing President Muhammadu Buhari on Tuesday presented a record $28.16 billion budget for 2018 to the National Assembly. Africa’s leading oil producer has been hard hit by falling prices of the commodity, which accounts for the majority of its export revenue. According to the presidential office, the 2018 budget sets a record to revamp […]

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Nigeria: Buhari sacks top officials over missing funds

Nigerian President Muhammadu Buhari on Monday dismissed two top civil servants over graft allegations in Africa’s most populous nation. President Buhari had ordered the sacking of the Secretary to the Government of the Federation, Babachir Lawal, and the Director General of the National Intelligence Agency (NIA), Ayodele Oke, following a review of a panel report […]

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Nigeria seizes $21mln and property of former oil minister

Nigerian authorities have seized about $21 million and property belonging to former Nigerian Oil Minister Diezani Alison-Madueke amid public Fund embezzlement and corruption scandals in the West African nation. The seizure comes after an investigation conducted by the Economic and Financial Crimes Commission (EFCC). According to the commission, accounts were opened in local banks by […]

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Nigeria’s unity not negotiable, says Buhari in fist speech after a 103-day absence

Nigeria’s President Muhammadu Buhari on Monday addressed Nigerians after he spent more than one hundred days in London for medical treatment. His absence sparked numerous protests, including demands for his resignation, as well as calls for more transparency about his health condition. After thanking Nigerians for their prayers, the 74-year-old leader indicated that separatists calling […]

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Nigeria: Trump Okays sale of high-tech attack planes

The United States President Donald Trump has given the go-ahead for the sale of military planes to Nigeria to aid in the fight against Islamist militant group Boko Haram in the Northern regions of the West-African nation, AP news agency reports. In Trump’s first phone call with Buhari in February, he assured the Nigerian president […]

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Nigeria releases first photo of Buhari in UK after almost 80 days

Nigeria presidency on Sunday, released a photograph of ailing President Muhammadu Buhari, the first in almost three months after the 74-year-old ex-military general was flown to London on his second medical trip this year. The health of Muhammadu Buhari has been the source of constant speculation in the West African country since the start of […]

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Benin’s president undergoes successful surgeries in France

Benin’s president Patrice Talon has returned home after almost one month of medical leave in France, local media reported. Patrice Talon, dubbed the “King of Cotton”, had left the capital Cotonou for France to seek medical attention. According to a statement released by the presidency on Monday, one procedure was required after doctors found a […]

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