News

National Blackout Averted

The looming national blackout was averted yesterday at the 11th hour following the assent by the federal government to meet all the demands of Senior Staff Association of Electricity and Allied Companies (SSAEAC) and National Union of Electricity Employees (NUEE). … read more

Senate seeks January presidential vote

Nigeria’s Senate has voted to move up general elections to January, pressuring President Goodluck Jonathan’s ruling party to resolve a split between the mainly Christian south and majority Muslim north. The House of Representatives must still approve the new election … read more

Lawmakers approve pre-election spending boost

Nigerian lawmakers on Thursday approved three billion dollars in new spending months ahead of elections, while also lowering the benchmark oil price the country’s budget is based on. The 444-billion-naira spending increase (three billion dollars, two billion euros) will finance … read more

Four Nigerians arrested in Benin after kidnapping

Benin police have arrested four Nigerians on suspicion of kidnapping a Lebanese businessman at the weekend, police who freed the hostage said Thursday. “The four kidnappers arrested on Tuesday are all Nigerians,” Louis-Philippe Houndegnon, commander of the elite police unit … read more

Refinery project to create 7,000 jobs

An estimated 7,000 jobs will be created in Nigeria’s southern Bayelsa State when a refinery is built there in a joint project with China, state oil officials said on Thursday. State-run Nigerian National Petroleum Corporation (NNPC) said in a statement … read more