Nigeria plans to license at least two Islamic financial institutions this year. It will get help from Malaysia to expand its Sharia-compliant industry in a nation where 70 per cent of people have no access to regular banking services. Central … read more
Nigeria’s oil minister said on Sunday global oil prices were expected to ease slightly in the coming months and that OPEC members did not consider their current level damaging to the world economy. Oil prices surged above $110 a barrel … read more
Nigeria’s election chief Attahiru Jega has promised his nation’s April elections will see the problems of the past “brought down to the barest manageable levels.” However, his staff has other worries. Employees of the Independent National Electoral Commission asked Jega … read more
The EU Election Observation Mission to Nigeria in Abuja on Saturday deployed 52 Long Term Observers (LTOs) for the April elections and plans to conduct a comprehensive analysis on the electoral process. The Deputy Chief Observer of the Mission, Mr … read more
A British lawyer accused of helping a former Halliburton Co. subsidiary illegally bribe Nigerian officials to win more than £3.7 billion in construction contracts has pleaded guilty to one count of conspiracy and one count of violation of the US … read more
A Nigerian state governor survived a Tuesday car crash that left four dead as he travelled to meet the president in the oil-rich country’s north, officials said. It was the second fatal crash in recent weeks involving President Goodluck Jonathan’s … read more
The Independent National Electoral Commission may be unveiling fresh dates for elections next month in enforcement of a Federal High Court decision which nullified the initial sequence stated in the Electoral Act, NEXT has been informed. According to the current … read more
Former President Olusegun Obasanjo has a penchant for “storied vindictiveness” and “proverbial vengefulness”, American embassy officials told their superiors in Washington. In a cable titled ‘Bayelsa governor’s arrest strikes fear in the hearts of his peers’ and sent to Washington … read more
Nigeria’s secret police on Monday expressed concern over increased violence just weeks ahead of a general election, and in particular the bombings of campaign rallies. Recent months have seen an upsurge in bomb attacks and clashes which have left dozens … read more
Attackers armed with guns and machetes killed six people in two separate raids on central Nigerian villages late on Sunday, in the latest act of sectarian violence that has troubled Plateau state for months. The attacks took place when youths, … read more