Latest Nigeria News
RSS-
World Bank Report Matters Arising
By Dele Sobowale "Nigerian economic statistics reveal a puzzling contrast between rapid economic growth and quite minimal welfare improvements for much of the population. Annual growth rates that averaged over seven percent in official data during the last decade place Nigeria among the fastest growing economies in the world". World Bank Report. The World Bank, most of the civilized ...
-
Bank of Agriculture takes mobile banking to farmers
Emma Ujah For Nigerian farmers, a new revolution is in the offing as the Bank of Agriculture (BOA) and Cellulant of Kenya sign a deal to provide mobile banking services to Nigerian farmers in a fresh push for financial inclusion among the rural populace. About 39 million adult Nigerians representing about 46% of the nation's adult population have no bank accounts. The Managing Director ...
-
MRS records 66.7 drop in profit proposes N23 dividend
By NKIRUKA NNOROM Despite 66.7 percent decline in its profit after tax for the year ended 31st December, 2013, the board of directors, MRS Oil Nigeria plc said they are prepared to pay N23.34 kobo dividend to shareholders for their investment in the company. The proposed dividend amounts approximately N59.28 million gross dividends and would be paid on 15th August if approved by members of the ...
More Nigeria News
RSS-
Emergency rule yielding results – Jonathan
ABUJA -- President Goodluck Jonathan, yesterday, thanked Nigerians for the overwhelming support they gave to the state of emergency which he declared last week in Borno, Yobe and Adamawa states. The President also noted that efforts of the Armed Forces have already started yielding positive ...
-
Mayhem deaths as cultists invade Lagos community
No fewer than three people were killed while others were injured on Thursday and Friday after suspected cult members invaded Mushin, Lagos State, and unleashed mayhem on the ...
-
Nigeria team set for Standard Chartered Trophy final
The team representing Nigeria at the 2013 Standard Chartered Road to Anfield Tournament arrived in Liverpool on Saturday via Amsterdam and Manchester and promised to improve on last year's ...
-
Nigeria says 14 Militants 3 Soldiers Killed in Latest Fighting
Nigeria's military says it killed 14 Boko Haram militants and captured 20 others Sunday, as it presses its offensive against the al-Qaida-linked group in the country's restive ...
-
Nigeria offensive on Islamists escalates in key city
MAIDUGURI, Nigeria (AFP) - A key city in northeast Nigeria was on lockdown Sunday as the military enforced a 24-hour curfew and blocked supply routes in its sweeping campaign against Islamist insurgents.The operation against Boko Haram, the group that wants an Islamic state in northern Nigeria, is aimed at retaking territory seized by the militants and ridding the country of "terrorist ...
-
Top prisons officer arrested for operating illegal varsity
BY AUSTIN OGWUDA ASABA -- A senior official of the Nigerian Prisons Service in Delta State has been arrested for allegedly running an illegal university in the state. This came as no fewer than 600 illegal schools have also been uncovered. A team of officials of the National Universities Commission, NUC, accompanied by men of the ICPC had, last Thursday, in Asaba, stormed the illegal ...
-
In fight against insurgents Nigerian Army cracks down on civilians
A security man walks pass the charred remains of buses after explosions at a bus park in the northern Nigerian city of Kano March 19, 2013. Islamist insurgent group Boko Haram was suspected of planting the ...
-
Nigerian Troops Kill 10 Militants Arrest 65 in Northeast
Nigerian troops killed 14 Boko Haram Islamist insurgents and arrested 20 others in clashes yesterday around the northeastern city of Maiduguri, a military spokesman said. The Islamists have deserted their camps and are retreating towards the country's northeastern border, struggling to move scores of vehicles in their possession, Chris Olukolade, a Defense Ministry spokesman, said ...
-
One dies as building collapses in Badagry
BADAGRY -- One person is suspected to have died in a collapsed building located at Godo Blocks Estate, Ibereko in Badagry, weekend. The victim, Kehinde Williams, 28, a carpenter, was working in the building when it collapsed. The building was said to have collapsed about 10 a.m.on Saturday but the rescue work did not begin till 12.24p.m. An eyewitness said the deceased was trying to remove ...
-
Okonjo-Iweala Maku Okoh Ndukwe pay tributes as Achebe burial rites begin
The burial rites for eminent novelist, Prof Chinua Achebe who died on March 2, 2013, in the United States began Sunday in Abuja with a commendation service at the National Christian Centre, ...
-
Nigeria Orders Curfew in Muslim Extremist Neighborhoods
Nigeria's military declared a 24-hour curfew Saturday on neighborhoods in a northeastern city that is the spiritual home of an Islamic extremist network as soldiers continued the government's emergency campaign against insurgents in the region. Soldiers arrested some 65 suspected extremists who were "attempting to infiltrate Maiduguri" after military strikes on the camps in ...
-
17 killed in offensive against insurgents Nigeria military says
extremists and three soldiers. Brig. Gen. Chris Olukolade, a military spokesman, said in a statement that one soldier also was missing as "forces have been engaging a large number of heavily armed terrorists" for the last two days. He did not say exactly where the fighting occurred but that about 20 people were arrested. There was no independent confirmation of the military's ...
-
Boko Haram In Disarray Nigerian Army Reports
By SaharaReporters, New York The Nigerian Army has reported that displaced Boko Haram terrorists are in disarray, with a large number of them heading across some borders. Fourteen of the terrorists were confirmed dead in encounters with Nigerian troops in various battles since yesterday, and three soldiers were also killed. A statement today from Defence Headquarters in Abuja, signed by ...
-
Boko HaramNigeria Military Clashes Over 2000 Nigerians Flee Into Niger Republic
By SaharaReporters, New York Over 2000 Nigerians have fled the Nigerian State of Borno following the clash between Boko Haram and Nigerian troops in Abadam local government area of Borno North Senatorial District. A journalist travelling in the Nigerian-Niger Republic border confirmed to SaharaReporters that between Saturday evening and Sunday over 2000 locals from villages in and around Abadam ...
-
Obasanjo shares 40 cassava bread with African leaders
By Jimoh Babatunde with agency report Former Nigeria's President ,Olusegun Obasanjo, took the 40 percent cassava flour inclusion in bread to Tanzania recently as he urged the Tanzania President to promote the use of cassava in confectioneries in his country to transform agriculture. He noted that the use of cassava flour in bread would stimulate the demand for the root crop, create jobs ...
-
AD decries tricycle ban in Lagos
Lagos – A chieftain of the Alliance for Democracy (AD) in Lagos, Chief Kola Ajayi, on Sunday decried the banning of commercial tricycles on major highways in Lagos. Mr Kayode Opeifa,the Lagos State Commissioner for Transportation, had on May 10, announced the ban at a news conference in Lagos. Opeifa said that operation of the tricycles, popularly called Keke Marwa, constituted a ...
-
Sand Super Eagles are the team to beat says West
Lagos - Ex-international Taribo West on Sunday said the Sand Super Eagles had all it took to remain unbeatable as they prepare for the 2013 Beach Soccer World Cup in Tahiti. The Sand Eagles would depart Nigeria on Monday for Casablanca Morocco where Soccer qualifiers would be held. It will be recalled that 18 players were invited to the Badagry Camp, out of which 12 would be selected to ...
-
NAMA’s automated aeronautical centres ready for test run in October
Ikeja – Mr Ifeanyi Nwankwo of the Nigerian Airspace Management Agency (NAMA) on Sunday said that the test run of NAMA’s automated Aeronautical Information Service (AIS) centres in Nigeria, would start in October. Nwankwo, Director, Directorate of Safety Electronics and Engineering Services, NAMA, told aviation correspondents at the Murtala Muhammed Airport, Ikeja, that the first ...
-
Who should be the next CBN Governor
By Babajide Komolafe It is an almost trivial assertion to state that political imperatives and economic necessities often contradict each other. Central banks reside at the intersection of politics and economics and are therefore potential arenas of conflict between the preferences of politicians and what is considered prudent macroeconomic policy by appointed technocrats. In anticipation of ...
-
Excess crude account drops to $5.27bn
By NOEL ONOJA …As FG, States, LGs share N721.505bn in April The Minister of State for Finance, Mr. Yerima Ngama, has said that the country's Excess Crude Account (ECA) has dropped to $5.27billion. He made this known after the monthly Federal Accounts Allocation Committee(FAAC) meeting in Abuja. Following the outcome of the FAAC meeting, the National Economic Council (NEC) approved ...
-
Ferguson bows out as West Brown hold United 5-5
WEST BROMWICH – English football witnessed the end of an era on Sunday as Alex Ferguson signed off as Manchester United manager with an extraordinary 5-5 draw at West Bromwich Albion in his 1,500th and final game. On a sun-kissed afternoon at The Hawthorns, the ground with the highest altitude in the Football League, the 71-year-old Scot who propelled United to the summit of English ...
-
‘Imposition of 35 import duty on CPO detrimental to industries’
By NKIRUKA NNOROM The recent imposition of 35 percent duty on importation of Crude Palm Oil, CPO, into the country by the federal government is beginning to take a toll on associated food industries, as they have started to experience acute shortages in supply of the product, industry stakeholders have said. They lamented that Nigeria produces a meagre 750,000 MT to 800,000 MT of CPO every ...
Nigeria Focus
-
Nigeria calling on US for misconception help
Nigeria is one of the main producers of drug lords and immigrants and is beset by political instability and groans under the weight of poverty and human strife. At least, this is the perception many in the world have, a perception that is all too narrow in its scope.
Nigeria has an enduring reputation as an exporter of criminals, drug lords, terrorists and immigrants. Such perceptions are only amplified by the recent attempted bombing of a US-bound plane on Christmas Day by Umar Farouk Abdulmutallab, a Nigerian, or the arrests every year of various Nigerian drug lords in countries around the world. Read more
News from around our Network
