News

Multiple blasts rock Maiduguri

Multiple blasts have rocked a city in Nigeria’s restive northeast where a radical Muslim sect is accused of a rash of targeted killings, authorities said Thursday. A spokesman for Nigeria’s National Emergency Management Agency said that the three blasts appear … read more

Obasanjo to Quit Politics

One of Nigeria’s foremost nationalists – as well as one of its most divisive personalities – former President Olusegun Obasanjo has indicated interest to finally retire from active politics. He told Peoples Democratic Party (PDP) chieftains from Lagos State who … read more

Lagos is owing N124b

The Lagos State’s debt profile, as of April 30, 2011, stands at N124.188billion, according to data released by the state’s ministry of finance. The figure was contained in an address presented on Thursday by the state finance commissioner, Rotimi Oyekan, … read more

Nigeria celebrates 10 years of GSM

Nigeria plans to celebrate 10 years of GSM service in the country. According to Nigeria ICT Broadcasters Network (NIBN), an influential ICT body of producers and publishers, they will publish a documentary that features the mobile market transformation in the … read more

The Emerging Islamic finance market in Nigeria

Background The concept of Islamic Finance is currently expanding globally at an astronomical rate and gaining grounds in various Islamic and non-Islamic markets alike. This is evident in a recent forecast by Moody’s rating agency, which estimates that the current … read more

150 arrested after army ambush

Nigeria’s military has arrested more than 150 people after a weekend ambush on an army patrol blamed on members of a radical Islamist sect, a spokesman said on Tuesday. “We have made over 150 arrests of suspects in the ambush … read more