Nigerian President Umaru Yar’Adua is in good health and may perform a pilgrimage to Mecca on Thursday, a clinic in Saudi Arabia said, as concern mounted in Nigeria about his medical condition. Yar’Adua left suddenly for Saudi Arabia on Monday, … read more
Nigeria’s federal government is to buy four more aircraft for the presidential fleet, which currently boasts of eight planes, according to the details of the 2010 federal budget. The four new planes will cost a total of US$210 million naira, … read more
Nigeria has agreed to purchase five used Super Puma helicopters from France to assist security forces in the oil-producing Niger Delta and on foreign peacekeeping missions, a government minister said on Wednesday. Nigeria’s cabinet approved the defence ministry’s request to … read more
Long a key provider of light, sweet crude from the African continent, Nigeria is suddenly the increased focus of many of the world’s Big Oil companies as they try to renew production leases on fields they have worked for years. … read more
A British high street solicitor laundered huge sums of money in bribes to Nigeria via accounts in Switzerland and France, a London court was told during an extradition hearing yesterday. Jeffrey Tesler, 61, allegedly funneled bribes in millions of dollars … read more
President Umaru Yar’Adua is being treated in Saudi Arabia for acute pericarditis and it is unclear when he will return, his spokesman said Thursday. “The medical review and tests undertaken at the hospital have confirmed the initial diagnosis that the … read more
About 26 ex-militants at rehabilitation center located at the Social Development Institute (SDI) in Okeyi, Etche Local Government Area of Rivers State yesterday held a staff of the institute hostage over what they described as unfair treatment by their host. … read more
Nigeria plans to increase spending by a third next year, to help lift itself out of an economic downturn, overhaul its shambolic power sector and develop the Niger Delta, the restive heartland of its mainstay oil industry. President Umaru Yar’Adua … read more
Pirates attacked an oil tanker off the coast of West Africa, killing a Ukrainian officer before escaping with the contents of the ship’s safe, the ship’s owners and Benin’s navy commander said on Tuesday. Commander Maxime Ahoyo said the officer … read more
Ahead of today’s court appearance of Cecilia Ibru, former chief executive of Oceanic Bank Plc, federal investigators have asked that the bank freezes the account of Nanashettu Bedell, now a fugitive from the law, who is believed to be the … read more