Nigeria’s Securities and Exchange Commission (SEC) said on Wednesday it was sacking the director-general of the Nigerian Stock Exchange (NSE) and suspending its president over governance concerns. It said it had taken the action following concerns about inadequate oversight, ongoing … read more
Islamic police smashed 80,000 bottles of beer in the Nigerian city of Kano on Tuesday to enforce a sharia law ban on consumption of alcohol that exists in much of the country’s north. Over a dozen veiled female sharia police, … read more
A Frenchman who thought he had found a wife in Nigeria over the Internet was instead scammed out of 25,000 euros by a man pretending to be a woman, authorities said on Tuesday. Two suspects, Omodara Adedapo Oluseye and Adesuyi … read more
Nigerian tanker drivers on Tuesday suspended the supply of petrol to Abuja in protest against the state of the country’s roads, especially in and around the nation’s capital, their union said. The drivers’ action followed the expiration of a 21-day … read more
Fresh from hosting a World Cup, which FIFA said was one of the best organised in recent times, South Africa gained bonus points yesterday when it sentenced Jackie Selebi, the country’s former police chief and head of Interpol, to 15 … read more
Some information and communication technology professionals have said that Nigerians should not worry themselves about government monitoring technological devices as the country has not reached such a level. This is against the backdrop of the situation in United Arab Emirates … read more
An accident on an oil ship operating in a Total field off Nigeria’s coast threw three workers overboard and one remained missing on Monday, company officials said. The accident occurred on Saturday when a crane collapsed on the Jack Ryan … read more
President Goodluck Jonathan threatened Monday to keep his nation’s troops out of UN peacekeeping missions unless rules of engagement are changed to help prevent soldiers’ deaths. “I wouldn’t want to lose one soldier carelessly, and for that reason, the UN … read more
The Lagos State Police Command on Monday allayed fears of residents over widespread rumour upheavals in the metropolis. This followed messages which are being received by resident via SMS that armed robbers are operating in different locations aroud the state. … read more
The Debt Management Office (DMO) has pegged borrowing next year to $7.1 billion in a bid to control public borrowing and keep Nigeria’s debt within sustainable threshold. In its latest report on the national debt sustainability analysis (DSA), the debt … read more