The All-Share Index on the Nigerian Stock Exchange (NSE) ended the year Friday with 20,827.17 points, making it the worst performing equity index worldwide, despite a bullish rally on the New Year eve, according to the privately-owned Guardian newspaper. The … read more
Government’s failure to fulfill its promise to provide Nigerians with 6,000 megawatts of electricity by December 2009, the death and burial of former first lady Maryam Babangida and the recurring story of the Nigerian who tried to bomb an American … read more
The withering criticism that American officials failed to heed early warnings about Umar Farouk Abdulmutallab, the Nigerian man accused of trying to bomb an airplane on Christmas Day, has cast a similarly harsh light on Nigeria’s own national security agencies, … read more
Free stuff is never appreciated. Africa often seems to deserve its reputation as a total botch job and wasteland. While it seems to have escaped notice, the story Nigerian authorities tell about full-body scan systems differs markedly from what U.S. … read more
After the failed Detroit plane bombing in which a young Nigerian managed to enter a US jet with explosive, the Barack Obama administration has decided to dispatch its officials to countries across the world to review the security procedures and … read more
Nigerians are still struggling to come to terms with the news that Farouk Abdulmutallab, the 23-year-old son of one of this country’s most prominent and wealthiest bankers, allegedly tried to blow up a Northwest Airlines flight as it landed in … read more
Nigeria will upgrade its airport security with 3-Dimensional (3-D) Total Body Imaging Scanner in all the nation’s airports, Director General of the Nigerian Civil Aviation Authority (NCAA) Harold Demuren has said. The Netherlands also announced yesterday that it will immediately … read more
Intelligence agents failed to act on internet “chatter” among al-Qaeda members that referred to a possible attack by “the Nigerian”, it has emerged. High-ranking White House officials say that intelligence services should have pieced together warnings about Umar Farouk Abdulmutallab, … read more
Dozens more bodies were recovered after violent clashes between security forces and Islamists in northern Nigeria, bringing the death toll to around 70, a count at a hospital morgue showed on Wednesday. An AFP reporter listed 42 bodies on the … read more
A Dutch court has said it has jurisdiction over a case of alleged oil spills brought against Royal Dutch Shell’s subsidiary in Nigeria by four Nigerian farmers and Friends of the Earth, a court spokeswoman told ANP-Reuters yesterday. “The court … read more