News

Sambo promises 10,000mw

The federal government has said it is committed to increasing electricity generation to 10,000 megawatts by the end of 2011 and 30,000 megawatts by 2020. Vice President Namadi Sambo said this in the United kingdom yesterday at an event marking … read more

Nigeria protests credit rating

Nigeria has faulted the decision by an international ratings agency, Fitch Ratings, to lower the nation’s sovereign credit outlook to negative last Friday, giving it a BB-minus, which is about three notches below investment grade. The agency’s sovereign ratings analyst, … read more

Brother of ex-rebel chief held after threats

Nigerian authorities have arrested the brother of an ex-militant leader implicated in recent deadly car bombings, alleging he is behind threats on behalf of MEND rebels, security sources said Sunday. Charles Okah was arrested on Saturday in Lagos, security sources … read more

President vows to toughen anti-terorism law

President Goodluck Jonathan Saturday vowed to toughen anti-terrorism laws so that kidnappers and robbers had their property within and outside the country confiscated. “I have directed the attorney-general of the federation to review the anti-terrorism bill before the National Assembly”, … read more