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Nigeria

Nigeria: MTN fined $5.2 billion over unregistered SIM cards

October 28, 2015 Steven Addamah 0

The Nigerian Communications Commission (NCC) has issued a landmark fine of $5.2bn against MTN Nigeria, the largest mobile network operator in the country for failing […]

Nigeria to build 30 refineries close to the state-run units

October 23, 2015 Khalid Al Mouahidi 0

Nigeria has granted 30 construction licences to private refineries in order to cut the country’s reliance on imports. According to the Vice President, Yemi Osinbajo, […]

Nigeria: IMF urges central bank to review forex policy

October 12, 2015 Khalid Al Mouahidi 0

The African Department Director at the International Monetary Fund (IMF) Antoinette Sayer has called on the Central Bank of Nigeria (CBN) to review its foreign […]

Nigeria: Buhari names 21 ministers in long-awaited cabinet

October 7, 2015 Khalid Al Mouahidi 0

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 […]

Three Africans make Bloomberg’s list of top 50 personalities globally

October 6, 2015 Khalid Al Mouahidi 0

Three Africans, including the Nigerian Aliko Dangote, Africa’s richest man and President of the Dangote group, were listed among the 50 most influential global personalities […]

UK crime agency seizes $ 41,000 from Ex-Nigerian oil minister

October 6, 2015 Khalid Al Mouahidi 0

Britain’s National Crime Agency (NCA) obtained court permission on Monday to temporarily seize $41,000 from a former Nigerian oil minister embroiled in a financial scandal, […]

Nigeria: Central Bank to retain forex controls amid slow growth

October 1, 2015 Steven Addamah 0

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

September 30, 2015 Khalid Al Mouahidi 0

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 […]

Africa should achieve full access to power by 2025 – AfDB’s Adesina

September 26, 2015 Khalid Al Mouahidi 0

The new head of the African Development Bank said on Friday that Africa should push to achieve universal access to electricity within a decade while […]

Burkina Faso’s army loyalists call junta to surrender or face attack

September 22, 2015 Khalid Al Mouahidi 0

Troops loyal to Burkina Faso’s interim government told soldiers behind a coup to disarm and surrender on Tuesday or face attack, a senior loyalist officer […]

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