In Nigeria, as in other places in the world, when people who do not appear to be qualified for certain positions make decisions in those offices, they generate uproar and outrage in their immediate communities. Thus, when the Accountant-turned-Columnist-turned-Minister for … read more
Reality for Nigerians comes harder by the day. Investors told the Finance minister Kemi Adeosun in London this week that in the current climate even a high-yielding sovereign bond would be a tough sell so long as currency controls remain … read more
A new militant group, Ultimate Warriors of Niger Delta, has demanded that 60 per cent of Nigeria’s oil blocks be given to the Niger Delta region, threatening to attack oil and gas facilities if the Federal Government does not accede … read more
A floating school in a Lagos lagoon has collapsed after it was hit by heavy downpour, but the local community has vowed to rebuild it. Makoko Floating School, which was built near a slum, was a crucial source of education … read more
The Nigerian government has taken the historic step of outlawing the practice of female genital mutilation (FGM), in a move campaigners describe as “hugely important” According to 2014 U.N. data, about a quarter of Nigerian women have undergone FGM, which … read more
Nigeria’s anti-corruption agency on Tuesday said a cousin of former president Goodluck Jonathan had been charged and detained over allegations that he and his wife siphoned $40 million from public funds. The Economic and Financial Crimes Commission (EFCC) said a … read more
Royal Dutch Shell plans to end its operations in 10 countries and sell 10 percent of its production as part of a $30 billion asset sale plan by 2018. Shell Chief Executive Officer (CEO) Ben van Beurden said this yesterday … read more
Nigerian oil militants say they have blown up another Chevron oil well in a rejection of the government’s overture offering peace talks. Wednesday’s bombing comes the day after the government appealed for a cease-fire to allow dialogue. The Niger Delta … read more
Niger Delta militants on Monday made a vow to strike some selected national formations on Tuesday, including Aso Villa, the National Assembly and the Central Bank of Nigeria. They urged their occupants to leave as it resumes full blown war … read more
Attacks on pipelines in Nigeria’s oil-rich Niger River delta region have slashed crude output to the lowest level in 27 years and shut all but four of the country’s 23 gas-powered generators, leaving much of the West African nation without … read more