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Nigeria

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 […]

Nigeria: Lassa fever kills dozens

January 7, 2016 Steven Addamah 0

The Nigerian Federal Government on Wednesday confirmed the outbreak of Lassa fever in the country and put the number of reported cases in eight states […]

I am not here to negotiate loan – IMF boss to Nigerians

January 6, 2016 Steven Addamah 0

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 […]

IMF’s Lagarde visits Nigeria

January 4, 2016 Steven Addamah 0

The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde starts a four-day working visit to Nigeria on Monday. The international lender said […]

Nigeria to contribute 4.5% of global auto sales in 2016

December 30, 2015 Khalid Al Mouahidi 0

Online vehicle marketplace, www.carmudi.com.ng on Tuesday predicted that the Nigerian auto industry is expected to contribute at least 4.5 per cent of 2016 global automobile […]

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