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Nigeria

Mali: Gunmen attack UN police base in Timbuktu

February 5, 2016 Khalid Al Mouahidi 0

Unidentified gunmen carried out simultaneous attacks across Timbuktu in northern Mali at a UN police base and an army checkpoint, leaving at least one injured, […]

Nigeria needs $1 bln budget support loan from AfDB

February 3, 2016 Khalid Al Mouahidi 0

The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]

Nigerian President Rejects Naira Devaluation

January 29, 2016 Khalid Al Mouahidi 0

Nigeria’s president Mohammed Buhari on Wednesday rejected calls to devalue the country’s currency, the Naira. While on a state visit to Kenya, Muhammadu Buhari has […]

Nigeria: Gov’t urges MTN to drop lawsuit

January 27, 2016 Geraldine Boechat 0

Nigerian telecommunications minister, Adebayo Shittu, on Tuesday, told the South African mobile phone operator MTN to drop its legal action over a $3.9 billion fine […]

Nigeria plans up to $5bn Eurobond in 2016

January 25, 2016 Khalid Al Mouahidi 0

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 […]

Nigeria trying 55 officials for alleged embezzlement of $6.8bln

January 19, 2016 Khalid Al Mouahidi 0

Scores of people, including former governors, cabinet ministers and government workers in Nigeria who have allegedly embezzled $6.8bn from public treasury over seven years are […]

Nigeria calls OPEC Nations for emergency meeting in March

January 13, 2016 Khalid Al Mouahidi 0

The 13 members of the Organization of Petroleum Exporting Countries “may hold an emergency meeting in the first quarter if prices remain at current levels,” […]

Nigeria-Cameroon submarine cable system launched

January 12, 2016 Geraldine Boechat 0

MainOne, West Africa’s leading telecoms and network services provider, has announced the completion and launch of the high capacity Nigerian-Cameroon Submarine Cable System (NCSCS). This […]

Nigeria: Anti-graft commission arrests Buhari’s associate over $2.1bn arms deal

January 8, 2016 Steven Addamah 0

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 […]

Nigeria: New Lagos airport to handle 30m passengers yearly

January 8, 2016 Khalid Al Mouahidi 0

The Federal Airports Authority of Nigeria (FAAN) on Thursday said the new terminal building at the Murtala Mohammed International Airport (MMIA), Lagos, is expected to […]

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