News

Nigerian Oil Workers Suspend Strike

Workers in Nigeria’s oil and gas sector suspended their strike action yesterday after meeting with representatives of the federal government and multinational oil companies on Thursday night till wee hours of Friday. The Nigeria Union of Petroleum and Natural Gas … read more

Nigeria to privatise transport sector

The Nigerian government has decided to privatise eight sectors including railways, inland waterways, roads and ports by 2015 Officials from the government revealed that eight sectors had been shortlisted for privatisation such as railways, inland waterways, road authority, roads funds, … read more

How Low Can the Naira Go?

The 20% fall in the Nigerian naira since September has not been as precipitous as the rouble’s total collapse, but the currency’s weakness is both an indicator of the West African country’s economic shortcomings, and a warning of things to … read more