Nigeria to attract $10bn oil and gas investment in five years – Kachikwu
Nigeria will attract more than 10 billion dollars investments to the oil and gas industry in the next five years, the Petroleum minister Ibe Kachikwu, has said. Kachikwu said this…
Trumps blames Obama for White House leaks, says ‘I will be a hypocrite to attend White House Correspondents’ dinner’
Coming off a major confrontation with US media, President Donald Trump has said he believes Barack Obama is behind the spate of protests against Republican lawmakers, and national security leaks…
Nigerians top list of migrants making ‘desperate journeys’ to Europe – UNHCR
The Office of the UN High Commissioner for Refugees (UNHCR) has raised an alarm that refugees and migrants, many of them Nigerians, are taking more “diversified and dangerous journeys” to…
Economy: GDP contracts but agriculture, ICT stay up in Q4 2016 report
There are now indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last quarter Gross Domestic Product reports. A review of…
Nigerians are not our enemies, writes Ulrich Janse Van Vuuren, South African activist
The xenophobic attacks in Gauteng have left me concerned about the level of discrimination from some South Africans towards fellow Africans. I am worried about my Nigerian friends and colleagues….
Samsung boss, four others indicted of bribery, corruption
The heir to the Samsung empire, Lee Jae-Yong and four other top executives were indicted Tuesday on multiple charges including bribery and embezzlement, South Korean prosecutors said in the latest…
Naira firms up as CBN floats more dollar into market
The Central Bank of Nigeria said on Monday it sold $80 million to retail customers and another $100 million in currency forwards to increase dollar liquidity and support the naira….
Zenith Bank bullish, declares N129.65 billion profit
In a recession year, Zenith International Bank Plc has managed to stay afloat, declaring a profit after tax of N129.65 billion and a final dividend of N1.77 per share for…
Despite assurances, South Africans attack Nigerians, loot shops in renewed xenophobic rage
The Nigerian community in South Africa said on Monday that another shop belonging to a member was looted in the latest xenophobic attack at Jeppestown, Johannesburg. Mr Ikechukwu Anyene, President,…
Malabu oil deal: Court to rule on forfeiture order on March 13
The Federal High Court, Abuja, on Monday reserved ruling till March 13, on two separate applications filed by Shell Nigeria Exploration Ltd, and Nigeria Agip Exploration Ltd, seeking reversal of…
