Nigeria plans up to $5bn Eurobond in 2016
Nigerian Federal Government plans to borrow up to $5 billion in 2016, from multiple sources, including the Eurobond market, to plug its deficit as the […]
Muhammadu Buhari
Nigeria: Anti-graft commission arrests Buhari’s associate over $2.1bn arms deal
The Nigerian Economic and Financial Crimes Commission (EFCC) on Wednesday night arrested a former military governor of Kaduna State and chieftain of the ruling All […]
I am not here to negotiate loan – IMF boss to Nigerians
As part of the efforts to revive Nigeria’s economy, which is Africa’s largest; Nigerian President Muhammadu Buhari on Tuesday holds talks with the head of […]
Nigeria: Ex-Banker Appointed Finance Minister
Five months after taking office in Africa’s largest economy and biggest oil exporter, Nigerian President Muhammadu Buhari named former investment banker, Kemi Adeosun, to take […]
Nigeria: Buhari names 21 ministers in long-awaited cabinet
Nigeria’s Senate announced Tuesday the names of 21 nominees for President Muhammadu Buhari’s new cabinet. Senate President Bukola Saraki, reading out Buhari’s list, which needs […]
Nigeria: Central Bank to retain forex controls amid slow growth
Nigeria’s central bank plans to retain foreign currency controls because of concerns about slowing growth rate, a senior bank official said on Wednesday as Africa’s […]
Nigeria: President to handle oil portfolio in long waited cabinet
Nigeria’s President Muhammadu Buhari is to take personal charge of the country’s crucial oil portfolio, his spokesman, Femi Adesina said on Tuesday, as a deadline […]
Boko Haram’s leadership decimated, Nigerian Army
The recent offensive operations carried out by combined forces, had decimated the central command and leadership base of the insurgents, the Nigerian Army said in […]
Nigeria: Buhari appoints new head of National Petroleum Corporation
Nigerian President Muhammadu Buhari has appointed Dr Ibe Kachikwu as new head of the country’s corruption-hit state oil company, weeks after sacking the entire board, […]
Benin to offer 800 troops for the anti-Boko Haram war
Benin will contribute 800 troops to a regional military force to combat the Islamist militant group Boko Haram, President Thomas Boni Yayi said. Benin’s President […]