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Nigeria

Chad gets loan for road renovation

February 9, 2016 Steven Addamah 0

The Development Bank of Central African States (BDEAC) has provided an accumulative two term loans of 50 billion Cfa francs to the landlocked Chad. The […]

Nigeria: Nationwide protests over electricity tariff hike

February 9, 2016 Khalid Al Mouahidi 0

The Nigeria Labor Congress, Trade Union Congress, and civil society allies have started a nationwide protest on Monday over the recent increase of electricity tariffs […]

Nigeria unveils plan to help 1 million extremely poor people

February 8, 2016 Geraldine Boechat 0

The office of the Nigerian Vice-President on Sunday revealed that one million extremely poor Nigerians would be direct beneficiaries of N5,000 monthly cash transfer. The […]

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,” […]

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