As Nigeria works to stabilize from years of warfare in its north, the deadliest threat is not the Boko Haram extremist movement, but escalating battles between farming and herding communities over scarce land and water. Bloodshed has increased since January, … read more
Billions of dollars in fines owed by South African companies MTN and Standard Bank to Nigerian regulators could increase the risk to SA’s financial system. This is according the South African Reserve Bank’s (SARB’s) latest financial stability review, released yesterday. Nigeria’s central bank in … read more
Nigeria’s Senate said on Tuesday it was investigating claims that the state oil company illegally took more than $1bn from natural gas proceeds to fund fuel subsidy payments. Despite being Africa’s largest crude producer, Nigeria relies on fuel imports to … read more
The Senate says it will order an investigation of Nigeria’s spending on water and utilization of funds provided by international donors. This followed a motion by a senator, Dino Melaye (PDP, Kogi West), who accused the Ministry of Water Resources … read more
Gunmen have abducted four Catholic priests in southern Nigeria, a local state official told AFP on Wednesday. The kidnapping happened on Tuesday at a border community between Edo and Delta States in the south, said Andrew Aniamaka, a spokesman for … read more
He’s better known for speaking the Queen’s English but the Prince of Wales on Wednesday turned to pidgin as he visited Nigeria’s commercial capital. “How you dey? (How are you?)” he asked assembled dignitaries, including former heads of state, presidential … read more
Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s largest oil producer, a senior NNPC official said. “Unfortunately, Shell and ExxonMobil exited the downstream sector in Nigeria a couple of … read more
If the Nigerian government successfully approved the N30,000 ($83) minimum wage, it will still be among the lowest in Africa. According to NewMinimumWage, a website that aggregates a country’s national wage, Nigeria, Africa’s largest economy, is still rank low among … read more
The Transmission Company of Nigeria (TCN) has reported that the current power supply limitation in Sokoto, Talata-Mafara, Gusau and Birnin–Kebbi was caused by the collapse of 132KV transmission tower located between Funtua and Gusau.Mrs. Ndidi Mbah, TCN’s General Manager, Public … read more
Nigeria have named a strong squad for their Women’s Africa Cup of Nations campaign in Ghana later this month. Reigning African footballer of the year Asisat Oshoala leads a cast of 14-overseas based players in the Super Falcons squad. Rising … read more