Angry opposition supporters in Nigeria’s Muslim north set fire to homes bearing ruling party banners Monday and heavy gunfire rang out in several towns as election officials released results showing the Christian incumbent had gained an insurmountable lead. Results were … read more
Nigeria’s business mogul and President of the Dangote Group, Aliko Dangote, Tuesday said the creation of jobs for youth in Nigeria should be accorded the highest national importance and urgency. Dangote, who spoke at the Presidential Summit on Job Creation … read more
Nigeria’s two main opposition parties are mulling an eleventh-hour alliance to try to unseat President Goodluck Jonathan in elections on Saturday, opposition sources said. Officials from the two parties — the Congress for Progressive Change (CPC) and the Action Congress … read more
The U.K. recently has secured a string of money-laundering convictions against members of a former Nigerian politician’s inner circle. But the U.K.’s main target, former Delta State Gov. James Ibori, remains beyond its grasp—at least for now—showing the challenges for … read more
Nigeria’s ruling party lost more ground yesterday in results emerging from an election that will loosen the grip it has on parliament . Results declared for half of the seats in the National Assembly suggested the People’s Democratic Party was … read more
Shell has signed a deal for a $101-million-US pipeline project in Nigeria aimed at delivering gas as the government seeks to further exploit its huge natural reserves, the company said Monday. The contract with Saipem Contracting Nigeria Ltd. is for … read more
High global oil prices and improved output have enabled Nigeria to restore its windfall oil savings to $6.9 billion from close to zero at the start of the year, the finance ministry said on Monday. Africa’s top oil exporter and … read more
The Action Congress of Nigeria ( ACN) and other opposition parties in Rivers State have criticised the conduct of Saturday’s National Assembly elections in the state, calling for the cancellation of the poll. The results of the election released by … read more
The People’s Democratic Party (PDP) may not enjoy the clear dominance of the National Assembly that has been its lot since 1999, going by the results so far announced for Saturday’s election. The strong showing of such opposition parties as … read more
One of Nigeria’s most powerful politicians lost his seat in the National Assembly as opposition candidates made gains against the entrenched ruling party in the oil-rich nation’s first round of election, preliminary election results released Sunday showed. Newspapers gleefully boasted … read more