A Nigerian MP, who requested to remain anonymous, told the BBC that the senate was unable to start considering the proposed 2016 budget because hundreds of copies of the document in question had gone missing. The delay could worsen the … read more
Central Bank of Nigeria has said it would no longer sell foreign exchange to bureau de change operators. The governor of the apex bank, Mr. Godwin Emefiele, stated this at a press conference in Abuja yesterday, remarking that “The Bank … read more
An economic slowdown due to a decrease in oil revenues in 2016 could contribute to a deteriorating security situation in Nigeria, causing investor apprehension to rise. This article examines the Nigerian security climate after the start of the New Year, … read more
The oil producing state of Bayelsa, home state of former Nigerian president Goodluck Jonathan, is to remain in the hands of his party, after a partial rerun of a December poll marred by violence. State governor Seriake Dickson of Jonathan’s … read more
Holiday shopping sprees scuppered. Online purchases rejected. Drama and delays in paying overseas school fees. Such, these days, are the trials and tribulations of being a Nigerian abroad. Economists have for months been criticising foreign exchange controls introduced to defend … read more
The Anonymous hacker collective has started a cyber-campaign against the government of Nigeria, accusing it of corruption, greed, and theft. In the past, Anonymous members sometimes carried out silly attacks that made all of us ask “how old are these … read more
Nigerian Minister of Information and Culture Lai Mohammed on December 18 issued a warning that Boko Haram is planning a spectacular kidnapping similar to the 2014 Chibok kidnapping. Mohammed said that foreigners as well as students are at risk. He … read more
Nigeria’s military killed and quickly buried the bodies of at least 300 Shia Muslims in an unjustified attack in the northern Zaria city earlier this month, Human Rights Watch (HRW) has said. The bodies were buried without family members’ permission, … read more
Nigeria’s central bank has ordered commercial banks to stop customers from using their debit and credit cards abroad, a source has told the BBC. One bank has emailed customers to this effect, stressing it is a “temporary measure”. Access to … read more
Nigeria’s president has announced plans to raise spending by 20% next year by borrowing heavily amid falling oil prices. In his first budget since his election victory in March, Muhammadu Buhari said he would spend $31bn (£20.8bn) in 2016 on … read more