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Nigeria’s anti-graft watchdog recovers $53.6m in Q1 2017

The Nigerian anti-graft Watchdog, the Economic and Financial Crimes Commission (EFCC) on Sunday said it has recovered over $53.6 million in the last four months. According to the Acting Head of the agency, Ibrahim Magu, the EFCC recorded 62 convictions in the first quarter of 2017. “Apart from several other recoveries running into several billions […]

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US plans arm deal with terror-stricken Nigeria

United States government is planning to sell up to a dozen ground attack aircraft to Nigeria’s air force in a deal that could be worth up to $600 million, Reuters reported Monday. The deal according to Reuters will help the West African most populous nation in its fight against the Islamic-state affiliated group Boko Haram. […]

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Nigeria: Buhari slims his schedule for further treatment

Nigeria’s president Muhammadu Buhari has reduced his working hours since he returned from medical leave, Voice of America reported. According to the US media, the development was likely to slow down the pace of economic reforms “advanced in his absence”. “Buhari was spending between one and four hours a day in his office to conserve […]

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Nigeria’s Buhari returns home after medical leave

Nigerian President Muhammadu Buhari returned to Nigeria on Friday after he spent about seven weeks on sick leave in UK. The 74-year president who was wearing a black kaftan, landed at an air force base in the northern city of Kaduna and walked unaided, before boarding a presidential chopper, local media reported. The President’s long […]

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King Mohammed VI, President Buhari Discuss Gas Pipeline Project

King Mohammed VI and President Muhammadu Buhari discussed in a phone talk Wednesday the upcoming stages of the Morocco-Nigeria Atlantic gas pipeline which will bring gas from Nigeria to Morocco stretching through several West African countries over some 4,000 KM. The two heads of State brought up the conclusions of the meeting on the project […]

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“It is so Good to Be Back Home” King Mohammed VI Tells African Summiteers

Following the diplomatic victory scored by Morocco in Ethiopia against its enemies in Africa after its readmission by the African Union (AU) with the approval of the majority of the member states, King Mohammed VI took the floor Tuesday before the AU 28th Summit to thank African leaders for their massive support and to survey […]

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Nigeria: Gov’t Says no Cause for Alarm over Buhari’s Health

The Nigerian government on Wednesday dismissed rumors suggesting President Muhammadu Buhari is sick. President Buhari, who clocked 73 last December, left Abuja last week for the United Kingdom on a short leave, which is part of his annual vacation. News of the president’s medical leave sparked a flurry of talk in Nigeria over the week. […]

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Gambia: Nigerian Army Says no Intervention Planned, MPs Offer Asylum for Jammeh

The Nigerian Army on Thursday dispelled news that it had troops ready to forcefully remove the outgoing Gambian President Yahya Jammeh when his tenure expires later this month. In a statement released on Thursday night, the Army said ‘‘there was no time or place Nigerian Army disclosed such information to the medium. If there is […]

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Nigeria: 50,000 Ghost Workers Cost over $600m Yearly

The Nigerian government has removed over 50,000 ghost workers from its payroll and saved over $600 million in the fight against corruption, the presidency said on Tuesday. Corruption and mismanagement have long been a challenge to Nigeria’s growth, and the government has promised to cut costs to face the economic slowdown. The audit of the […]

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Nigeria’s 2017 Budget Increases by 20.4% over 2016

Nigeria’s President Muhammadu Buhari on Wednesday presented a record $24 billion budget for 2017 as oil prices soared to $57.83 on Monday, December 12 leaving the price of the commodity at $15/barrel over the $42.5/barrel that the president is proposing for 2017. The Senate had earlier complained that the president’s projection was unrealistic, but this […]

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