NIGERIA

Tunisian Companies Gain New Opportunities In The Niger Market

Tunisian companies were encouraged to take advantage of the opportunities offered by the Niger market,…

Suspected Gunmen Kill 16 Villagers in Central Nigeria

At least 16 people were killed in an attack by suspected gunmen in Nigeria’s central…

Markets React To New Nigeria Reforms

MARKETS have responded positively to the early reforms by the new administration in Nigeria. FBN…

Night of The Long Knives in Nigeria As Tinubu Wields Axe

THE firing of service chiefs and immediate dissolution of the boards of all government parastatals,…

Nigeria Edgy After Central Bank Governor Ousted

FOR a man who a few months ago was one of the most powerful individuals in Nigeria, heading the central bank of Africa’s biggest economy, and aspiring for the presidency of the continent’s largest nation, Godwin Emefiele’s fall from grace has been headlong. In a flash, the Central Bank of Nigeria (CBN) governor’s fortunes have nosedived. The longest serving chief of the bank has been suspended then detained as the new president, Bola Tinubu (71), positions himself as a new…

Over 800 ‘Terrorists’ Surrender In Nigeria

THE Nigerian Armed Forces (NAF) has reported the surrender of more than 800 terrorists over the past fortnight. This is during operations against Islamist insurgents and violent criminals terrorising the West African country. Some 91 Islamic State of West Africa Province (ISWAP) suspects werekilled and 247 criminals arrested during the above-mentioned period. Operations were held around the country from May 18 to June 1. Most breakthroughs were achieved in the terror-prone Northeast and NorthCentral zone where ISWAP and Boko Haram…

Bola Tinubu Inaugurated As Nigerian President

BOLA Ahmed Tinubu has been sworn in as the presidentof Nigeria. He is the fifth president since the advent of democracy in 1999 inAfrica’s largest nation by population and its biggest economy. “I, Bola Ahmed Tinubu, do solemnly swear that I will not allow mypersonal interests to influence my official conduct or decisions……sohelp me, God,” Tinubu said as he was sworn in. Kashim Shettima (56) took oath as the Vice President at the event heldin Eagle Square, the capital Abuja,…

Hundreds Reportedly Killed In Nigeria ‘Ethnic Cleansing’

VIOLENCE, suspected to be the ceaseless clashes between Nomadic pastoralists and subsistence farmers, have reportedly left 300 people dead in central Nigeria. More than 500 others are reportedly unaccounted for during the skirmishes afflicting the Plateau State. Officials said the violence has exacerbated since the end of the 2023 general elections that started on February 25 with the presidential election whose outcome the opposition parties are disputing in court. The bloodshed is mostly in some districts of Mangu local government…

World’s Largest Single-Train Refinery Commissioned In Nigeria

ABUJA, May 22 (Xinhua) — Nigerian President Muhammadu Buhari on Monday inaugurated the world’s largest single-train refinery in the country’s southwestern state of Lagos, hailing it as a significant milestone for the country’s economy and a “game changer” for the petroleum products market in Africa. Speaking at the ceremony for commissioning the Dangote Refinery which cost 19 billion U.S. dollars, Buhari emphasized the transformative impact of the refinery on Nigeria’s economic prosperity, noting the public-private partnership project will not only…

Hunt On For Attackers Of US Convoy In Nigeria

THE murder of seven people after militants attacked a convoy of the United States (US) Consulate in Nigeria on Tuesday has sent shockwaves across both countries. Unknown assailants attacked a convoy of two US government vehicles in the Ogbaru Local Government Area of the southeastern Anambra state. The convoy was carrying nine Nigerian nationals, comprising five employees of the US Mission to Nigeria and four members of the Nigeria Police Force. They were travelling in advance of a planned visit…

Nigeria On Course To Meet Broadband Target

BROADBAND connections in Nigeria have increased by 16 percent year-on-year to 92 million. An increase of 2 percent has been noted month-on-month between December 2022 and January this year. The figure implies a penetration rate of 48,2 percent, up from 47,4 percent the previous month, and 41,6 percent as at January 2022. FBN Quest Nigeria attributed the rise in broadband connections tosubstantial investments made by the network operators. The market watcher noted these investments had been motivated by the federal…

Chaos after ‘election’ of Nigeria’s first woman governor

DISPUTED polls in Nigeria, including the potential election of the country’s first female governor, risk tarnishing the legacy of the departing President Muhamadu Buhari, who aims to exit office upon a legacy of credible polls. His legacy seemed intact when he signed into law the amended Electoral Act 2022, which cleared the way for the deployment of technology in Nigeria’s elections, starting with the presidential poll at the end of February. However, it appears he will exit the presidency on…

China wary of kidnap gangs in Nigeria

CHINA has reiterated a warning to its nationals in Nigeria to strengthen security amid the threat of kidnap gangs. The Chinese Embassy disclosed that the danger was prevalent especially in the northern parts of Nigeria, particularly the states of Kaduna, Kogi, Niger and Zamfara, all in the north and the capital, Abuja. China’s embassy in Nigeria stated that at present, the security situation in the West African country remained complicated, severe and kidnapping cases occurred from time to time. “It…

Nigeria beefs up security for Easter

THE Nigeria Security and Civil Defence Corp (NSCDC) is ramping up stability ahead of the Easter celebration in the terror-prone country. Dr Ahmed Abubakar Audi, the organisation’s Commandant General, has ordered the deployment of 30 000 personnel from the Federal Capital Territory (FCT), states, zonal commands and the national headquarters to beef up security across the country. He has given the order at the NSCDC national headquarters in the capital Abuja, while addressing personnel on the need for effective policing…

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