Home » Posts tagged with » Nigeria

Nigeria’s inflation drops to lowest in more than two years

Nigeria’s yearly inflation rate has dropped to 11.61 per cent in May, the National Bureau of Statistics (NBS) said on Wednesday. According to the bureau, this figure is 0.87 per cent points less than the rate recorded in April. The report stated that increases were recorded in all the Classification of Individual Consumption by Purpose […]

Morocco, Nigeria partner to set up a South- South cooperation model

King Mohammed VI of Morocco and President Muhammadu Buhari of Nigeria have both expressed their satisfaction at the progress scored by their cooperation in various areas, such as agriculture, fertilizer production, energy infrastructure and mining and voiced resolve to bank on this cooperation to set up a South- South cooperation model. This came in the […]

Read More

The Rabat-Abuja axis, an enhanced partnership for a new Africa

President Muhammadu Buhari of Nigeria is expected in Rabat Sunday for a two-day friendship and working visit to Morocco at the invitation of King Mohammed VI. The two leaders will hold official talks and will co-chair the signing ceremony of several agreements, the ministry of the Royal Household, Protocol and Chancellery said in a statement. […]

Read More

Nigeria passes “Not Too Young to Run” law

Nigeria’s President Muhammadu Buhari has approved a new law dubbed “Not Too Young to Run” to reduce the age limit for political office, raising the prospect for younger candidates at next year’s general election in Africa’s most populous nation. The president signed the bill on Thursday, in the presence of selected youths from across the […]

Read More

Boko Haram: Amnesty accuses Nigerian troops of rape

Nigeria’s military has committed war crimes and crimes against humanity including torture, rape and killing of civilians during its fight against terrorist group Boko Haram, according to claims in a new report by human rights group Amnesty International. The 89-page report, based on hundreds of interviews, said the crimes were perpetrated for years and have […]

Read More

Nigeria: Armed bandits kidnap over 100 passengers in Kaduna

About 100 people have been kidnapped along a road in northern Nigeria in the past few days, Reuters reported on Tuesday. According to Surajo Usman, a member of Nigeria’s National Union of Road Transport Workers, over 120 people were kidnapped between Friday and Tuesday, along the Birnin Gwari-Kaduna road. Usman told Reuters he escaped an […]

Read More

Nigeria oil reform bill to establish powerful industry regulator

Nigeria’s government under a legislation—known as the Petroleum Industry Bill (PIB)—will soon create a powerful energy regulator with broad oversight of the oil and gas sector, local media reported. The governance part of the bill was passed by both houses of parliament earlier this year. According to Reuters, the draft laws, posted on the Nigerian […]

Read More

President Buhari to seek medical care in the UK (again)

Nigeria’s President Muhammadu Buhari is seeking fresh treatment in London for an undisclosed illness. The president has left the West African nation on Tuesday for a four-day medical trip to the United Kingdom, his office said in a statement. Buhari, who arrived back from a visit to the United States last week, has spent 104 […]

Read More

UN Chief denounces attack on village in north-west Nigeria

United Nations Secretary-General António Guterres has strongly condemned an attack this weekend on a village in the Nigerian province of Kaduna and underscored the need to hold the perpetrators to account. “Those responsible” must be “swiftly brought to justice,” said the Secretary-General in a statement released by his Spokesperson’s office on Monday. Guterres also expressed […]

Read More

China inks 15 bln yuan currency swap agreement with Nigeria

China’s central bank on Thursday signed a three-year bilateral currency swap agreement with Nigeria. The agreement will allow the two nations to swap a total of $2.35 billion over the next three years. The move is aimed at facilitating bilateral trade and investment of both sides, the People’s Bank of China (PBOC) said on its […]

Read More