News

Oil law needs further ‘review’

Nigeria’s long-delayed law to overhaul its oil sector will require further review before it is passed, a former petroleum minister said Wednesday, a move that could further hit investment. Former petroleum resources minister Diezani Alison-Madueke told the Senate, as it … read more

Cholera kills 10 in central Nigeria

A cholera outbreak has killed 10 people in central Nigeria’s Plateau State over the past two weeks, a local health official said Wednesday. “We have recorded 10 deaths from the over 300 people infected with cholera in the last two … read more

Nigeria Struggles Against Militant Upsurge

Security agencies in Nigeria are struggling to check the spread of a radical Islamist group, after a spate of deadly bombings signaled the militants’ ambitions to shed their roots as an isolated force in the country’s north. Nigeria’s military has … read more

Oil bill shelves joint venture plan

Nigeria has shelved plans to overhaul its joint venture partnerships with foreign oil firms according to the latest version of its long-delayed energy reforms, one of the pillars of the original bill, sources said. It was hoped Incorporated Joint Ventures … read more

President selects cabinet members

President Goodluck Jonathan has sent to the Senate for approval an initial list of 34 ministers for his new government since taking office last month, the senate chief said Tuesday. Senate President David Mark read out the list to members … read more

Lightning strike kills 11 in north

Eleven people were killed by lightning in two communities in northern Nigeria during torrential rains, Red Cross and local officials said Wednesday. Eight peasant farmers were killed and another 12 injured on Tuesday during a thunderstorm outside Balanga village in … read more

Nigeria’s Next Finance Minister?

The Nigerian press reports that President Goodluck Jonathan is wooing Ngozi Okonjo-Iweala to be his finance minister, with expanded responsibilities and powers. If Jonathan succeeds, it will boost his administration’s standing with members of the international business and finance community … read more