Nigeria: minimum wage to increase to $98
Nigerian President Muhammadu Buhari on Thursday signed into law a bill to increase minimum wage from 18,000 to 30,000 naira ($98) with immediate effect. According […]
Nigeria
Shell plans $15 billion investments in Nigeria’s oil and gas sector
Shell Petroleum Development Company (SPDC) will invest over $15 billion across 24 oil and gas projects in Nigeria in the next five years, the company […]
Nigeria, São Tomé and Príncipe to exploit 500 million barrels of oil
French oil giant Total and Nigeria-São Tomé and Príncipe Joint Development Authority (JDA) last week signed a new production sharing contract (PSC) to grant exclusive […]
Nigeria Decides: 84 million people registered to vote in 2019 polls
The Independent National Electoral Commission of Nigeria on Monday disclosed that over 84 million persons have registered to vote in upcoming polls. The commission’s boss […]
Newly IDPs fleeing attacks in northeast Nigeria, top 2,000
After fleeing terrorist attacks, as well as clashes between Government forces and militia, more than 2,000 newly displaced Nigerians have arrived in an already over-stretched […]
Elections, regional security, economy top agenda of ECOWAS summit
West Africa’s regional bloc ECOWAS last weekend urged Nigeria and Senegal to ensure peaceful, free and transparent elections next year. The call was contained in […]
Nigeria: Buhari presents $28.8 bln 2019 budget to parliament
Nigerian President Muhammadu Buhari on Wednesday presented a $28.80 billion budget for 2019 to parliament. Nigeria, Africa’s biggest oil producer and most populous nation, has […]
Mauritania Awards Total Two New Exploration Contracts
The Mauritanian government has awarded French energy group Total two new exploration and production contracts in the country’s deep offshore. According to the terms of […]
Nigeria: Presidential candidates ink election “peace pact”, a main challenger snubs it
Nigeria’s President Muhammadu Buhari on Tuesday signed a deal for peaceful elections but his main challenger for the upcoming election, Atiku Abubakar, snubbed the peace […]
Nigeria: Less than 2 percent GDP growth in 2018 – World Bank
Nigeria’s economy is expected to post less than 2 percent growth this year. The growth is largely driven by the non-oil industry and service sectors, […]