Nigeria’s government raised fuel prices by 67 percent and urged the central bank to adopt a more flexible currency policy to spur investment, top officials said on Wednesday as Africa’s largest economy battles its biggest crisis in decades. A fall … read more
INVESTEC Asset Management, which has about $1bn invested in Nigeria, says the country’s refusal to devalue its currency and relax import controls “is not a sensible policy”. Nigerian President Muhammadu Buhari has resisted calls from investors and the International Monetary … read more
A suicide bomber pretending to be a madman blew himself up Thursday and killed at least five people outside government offices in Nigeria’s northeastern city of Maiduguri, witnesses said. Another six people were wounded, the witnesses said, speaking on condition … read more
The European Commission says it’s ready to start negotiating an agreement with Nigeria to send back Nigerian migrants who do not qualify to stay in the European Union. The Commission said in a statement Wednesday that the move would ensure … read more
Gunmen killed two policemen in Nigeria’s oil-producing Niger Delta as they slept in a security post on Monday evening and three soldiers were killed in a second attack. The raids took place a day after five police officers were shot … read more
Babies and children are among the scores dying in a Nigerian military detention center, Amnesty International (AI) said in a Tuesday report. It said that of the 149 people who died this year, eleven were under the age of six. … read more
President Muhammadu Buhari of Nigeria has said he does not want an apology from David Cameron for calling his country fantastically corrupt, but a return of the assets taken out of his country and sent to the UK. Speaking at … read more
Young men became entangled in a swirl of flying fists. Gas station workers swatted away boys hoping to fill their plastic cans. A mother with a sleeping baby in her minivan was chased off, rightly accused of jumping the line. … read more
A new militant group has emerged in Nigeria’s oil-rich Niger Delta area. The Niger Delta Avengers (NDA) first came under the spotlight in February, when it claimed responsibility for an attack on an underwater pipeline owned by oil and gas … read more
A series of attacks on Nigeria’s oil infrastructure has pushed its output of crude close to a 22-year low, Reuters data shows, putting intense pressure on the country’s finances. Shell workers at Nigeria’s Bonga oilfield in the southern Niger Delta … read more