Home » Posts tagged with » Nigeria

Trump pledges $300 million to fight famine in Africa, Yemen

United States President Donald Trump on Wednesday, pledged to disburse more than $300 million to help prevent famine in Yemen and several countries in Africa. Trump who was meeting Pope Francis for the first time, said he had “renewed” the US “commitment to fighting global famine”, with the United Nations warning that about 20 million […]

Nigeria: Police arrests about 55 Biafra separatists

Police in Nigeria has arrested about 55 members of the Biafra Independent Movement (BIM) as the group staged what it called the ‘new Biafra’ commemoration rally in Enugu, a major city in the west-African oil-rich nation. Over 2000 persons bearing Biafra flags flooded the capital city during the rally, which saw policemen at strategic locations. […]

Read More

Wealth of 5 Nigerians can end poverty in Nigeria – Oxfam

The combined wealth of five richest Nigerians, put at $29.9 billion, is enough to end poverty in the West African nation, according to Inequality report released by Oxfam International on Thursday. The report titled ‘Inequality in Nigeria – Exploring the drivers,’ said despite the current economic recession in the African most populous nation, “a small […]

Read More

Nigeria may have a 30-year old president soon – Parliament

Nigerian lawmakers are in the process to pass a new law that will reduce age limits for elective offices in the African most populous nation. The youngest age a person needs to run for elective office in Nigeria is 30 years at the level of a member of the House of Representatives or the State […]

Read More

Nigeria to fund budget deficit with foreign loans, Eurobonds

Nigeria will raise $3.5 billion in foreign loans including from international lenders and debt markets to fund the West African nation’s 2017 budget deficit, Reuters reported. According to the Budget Office Director General Ben Akabueze,  $2 billion of the foreign borrowings would come from concessionary loans with the balance of $1.5 billion from commercial markets […]

Read More

Morocco, Nigeria Turning Africa’s Dreams into Reality

Morocco and Nigeria, two major African regional powers, are enhancing their strategic alliance in a bid to turn the cherished African dreams into tangible reality. The two countries’ cooperation is gaining momentum in fertilizers as well as their landmark project of building a gas pipeline that will connect Nigerian gas wells with West African countries, […]

Read More

Nigeria: two officials jailed for diverting food aid

A court in Nigeria on Thursday sentenced two Nigerian officials to two years in jail for taking and selling about 300 bags of rice donated by an international aid group for people fleeing severe food shortages and insurgency in the West-African nation. The two convict are Umar Ibrahim, a counsellor for agriculture, and Bulama Ali […]

Read More

Take a medical leave now, Nigerian activists urge Buhari

Thirteen civil society leaders on Monday urged Nigerian President Muhammadu Buhari to take a medical leave immediately as his heath situation is deteriorating. In an open letter titled “President Buhari should take medical leave immediately”, the civil society leaders questioned Buhari’s absence from the latest two weekly cabinet meetings and speculation about his ability to […]

Read More

Nigeria grants bail to Biafra movement leader

Nigerian federal High Court in Abuja on Tuesday granted bail to the leader of the Indigenous People of Biafra, citing his deteriorating health conditions. The embattled Leader of the Indigenous People of Biafra, (IPOB) Nnamdi Kanu, who is also acclaimed Director of Biafra Television, has been in detention since October 14, 2015. On Tuesday, the […]

Read More

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 […]

Read More