(Reuters) – Nigeria’s Asset Management Corporation of Nigeria (AMCON) will privatise three nationalized lenders in 12-18 months time, chief executive Mustapha Chike-Obi told Reuters on Wednesday....
Two bombs exploded in Nigeria’s restive north on Tuesday, killing one policeman in the city of Kaduna, hit hard by a wave of attacks claimed by...
The alleged mastermind of a radical Islamist sect’s Christmas Day church bombing fled across Nigeria after escaping police custody and hid for about a month before...
Nigerian billionaire Aliko Dangote.PHOTO/File Nigerian manufacturing group Dangote has opened a US$ 1 billion cement plant near the economic capital Lagos, one of the largest investments...
A new national railway master plan to connect Cameroon to Chad, the Central African Republic, DR Congo, Gabon, Equatorial Guinea, Nigeria and Angola as well as...
The purported spokesman for a radical Islamist sect responsible for hundreds of killings in recent weeks in Nigeria has been arrested, an official with the country’s...
(Reuters) – Suspected militants from the Boko Haram Islamist sect have killed six people in shootings in Nigeria’s remote northeastern Borno state in the past two...
(Reuters) – African countries can prepare for the impact of the euro-zone crisis that threatens to derail economic growth on the continent by improving trade between...
Envoys of Nigeria’s president are in negotiations with elements of the Islamist insurgency behind an onslaught of attacks that has destroyed government buildings and killed hundreds...
Nigeria has arrested 200 people, mostly Chadian “mercenaries,” after last week’s attacks in the north, a police source said Thursday, as pressure mounts on the security...
Nigeria President., Goodluck Jonathan. PHOTO/File (Reuters) – Nigerian President Goodluck Jonathan has fired the national chief of police and his six deputies, the presidency said on...
A coordinated attack by a radical Islamist sect in north Nigeria’s largest city killed at least 143 people, a hospital official said Saturday, representing the extremist...
Nigeria’s easygoing president Goodluck Jonathan (pictured), made a rare display of emotion when he addressed a private meeting on an arcane-sounding policy that would become one...
Ms. Funke Opeke CEO of Main One Cable. Stretching some 7,000 kilometers along the West African coastline, a submarine fiber-optic cable emerges off the coast of...
(Reuters) – Nigeria’s economy lost out on an estimated 207.4 billion naira (US$ 1.28 billion) due to an eight day strike this month prompted by a...
An uneasy calm returned to Nigeria’s cities Tuesday, a day after two Nigerian labor groups suspended their nationwide strike over the elimination of the country’s fuel...
Nigeria’s President Goodluck Jonathan has announced an immediate drop in the cost of fuel, following a week of strikes after prices doubled. Jonathan said the price...
Nigeria’s government will meet with labor unions in a last bid to halt a paralyzing national strike that now threatens oil production in Africa’s most populous...
Nigeria’s trade unions say they are suspending protests for two days to allow more talks with the government. The announcement comes on the fifth day of...
Nigeria President., Goodluck Jonathan. PHOTO/File Nigerian President Goodluck Jonathan was in crisis talks with union leaders Thursday night in an effort to end a violent nationwide...
Nigeria President., Goodluck Jonathan. PHOTO/File (Reuters) – President Goodluck Jonathan pleaded with Nigerians on Saturday to support the removal of fuel subsidies and pledged to cut...
A radical Muslim sect attacked a church worship service in Nigeria’s northeast during assaults that killed at least 15 people, authorities said Saturday, as Christians vowed...
Gunmen attacked a church in northeast Nigeria during a prayer service Thursday night, killing at least eight people and wounding others in an assault that occurred...
(Reuters) – MTN Group, Africa’s largest telecom, plans to spend more than US$1 billion this year on its Nigerian network, an official said on Thursday, as...
Protesters unhappy over spiraling gas prices set fires on an expressway Tuesday and at least one person was killed in the unrest after Nigeria’s government did...
Nigeria is ending fuel subsidies, an official said Sunday, a move that is sure to be unpopular in the oil-rich nation where citizens have come to...
A blast has rocked an area near a mosque in the restive north-eastern Nigerian city of Maiduguri, with witnesses reporting four deaths. In a BBC interview,...
Attackers threw homemade explosives inside an Islamic school in a predominantly Christian city where some 50 children had gathered for an Arabic class, wounding six pupils...
(Reuters) – Nigeria lacks competent leaders to tackle its security problems, a former military ruler said on Monday, following Christmas Day bomb attacks on churches by...
A look at recent major attacks in Nigeria attributed to the radical Muslim sect known locally as Boko Haram: December 25: The sect claims responsibility for...
Fighting between a radical Muslim sect and paramilitary forces in Nigeria has killed at least 61 people over several days of violence in the nation’s northeast...
(Reuters) – Royal Dutch Shell’s Nigerian oil spill, the largest in the African nation since 1998, highlights the different world responses to oil spills. Nigerian authorities...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File An oil leak has caused a production halt at a Shell facility off Nigeria capable of...
Nigeria on Monday launched a communications satellite into space to replace one that failed in 2008, the country’s satellite agency said. The satellite was launched from...
(Reuters) – Nigerian President Goodluck Jonathan presented a 4.749 trillion naira (US$ 30 billion) budget to the national assembly on Tuesday, in what he said would...
Royal Dutch Shell PLC and Italian oil firm Eni SpA say they have purchased rights to an offshore oil field near Nigeria’s coast that could hold...
(Reuters) – Investors should forget China and park their money in sub-Saharan Africa if they wish to benefit from the growth in emerging markets, the chief...
A Nigerian oil company says it paid US$147.5 million for a stake in an onshore oil field once owned by Royal Dutch Shell PLC, Eni SpA...
Nigeria’s Senate voted Tuesday to criminalize gay marriage, instituting prison terms of more than a decade for violations in a nation where gays and lesbians already...
Witnesses and authorities say at least four people died in an apparent attack on a northeast Nigeria city that saw churches and businesses burned to the...
Chukwuemeka Odumegwu Ojukwu (pictured), passionately believed his homeland in eastern Nigeria deserved to be its own country, a new nation free of the borders imposed by...
Royal Dutch Shell PLC (Shell) says a fire broke out on one of its pipelines running through Nigeria’s oil-rich southern delta that already had been shut...
Powerful politicians helped form a radical Muslim sect responsible for hundreds of killings this year in Nigeria, authorities allege, but now may have lost control of...
Gunmen stormed a ship supplying a Chevron Corp. offshore oil field, kidnapping three workers in an attack raising concerns over a possible unraveling amnesty deal in...
Nigerian airport officials have fined British Airways (BA) US$135 million and Virgin Atlantic (VAA) US$100 million amid a dispute over ticket prices, the country’s civil aviation...
Recent figures by Opera Software company, show that Nigerians are first in Africa and fifth largest users of Opera Mini browsers in the world. With this...
Amnesty International has called on Shell to pay US$1 billion to start cleaning up two oil spills in Nigeria’s Niger Delta which it says caused huge...
Nigeria faces a shapeless, shifting threat from a radical Muslim sect that has killed more than 100 people in recent days. While the country boasts one...
Private security sources tell The Associated Press that pirates have seized an oil tanker off the coast of Nigeria’s oil-rich southern delta and kidnapped the foreign...
Stephen Keshi – Nigeria’s new coach The Nigeria Football Federation (NFF) have appointed Stephen Keshi (a former Nigeria team captain) coach of the Nigeria National Soccer...
Africa’s biggest producer of building material, Dangote Cement Plc., has registered a 23 percent increase in nine-month pre-tax profit as cement sales rose. Income in the...
Nigeria’s military says it has seized a vessel carrying stolen diesel along a river that flows through the nation’s oil-rich southern delta. Military spokesman Timothy Antigha...
Nigerian regulators have threatened to fine and stop three telecommunications companies from signing up new cellular phone subscribers over complaints about poor service in a nation...
Environmental damage in Nigeria A village in Nigeria’s oil-rich southern delta has sued Royal Dutch Shell PLC in a U.S. federal court for US$1 billion over...
One more staff member has died nearly two months after a car bombing hit the U.N.’s headquarters in Nigeria, bringing the death toll to 24, a...
Authorities say members of a radical Muslim sect attacked a bank in northeast Nigeria, killing one police officer and stealing an undisclosed sum of money. Borno...
Nigeria Soccer Team (Reuters) – Nigeria and South Africa were among the heavyweight casualties on the penultimate day of African Nations Cup qualifying as Angola, Ghana,...
Three years after a major oil spill in the Niger Delta, Shell still has not yet cleaned up its mess. The company finally admitted legal liability...
Royal Dutch Shell has been accused of funding armed gangs in Nigeria, this is said to have fuelled human rights abuses in the country. The oil...
Nigeria has marked 51 years of independence in a low-key ceremony, prompted by security fears that followed a series of deadly blasts across Africa’s most populous...
The Assets Management Corporation of Nigeria (AMCON) has set aside an additional US$ 5 billion to recapitalize the five rescued banks. The injection of the capital...
Police say they detained and freed separatists in Nigeria’s southeast who carried symbols of the failed Republic of Biafra. Ebonyi state police spokesman John Elu said...
In a nation run by mobile phones, Nigeria now faces a looming deadline for subscribers to register their lines in a government effort to know who’s...
In the crowded slums of Lagos, Nigeria, untreated sewage mingles with the chaotic network of pipes that deliver water to the city. Those who can’t afford...
Nigerian officials have seized a sizable amount of explosives hidden inside a shipping container from China at one of the West African nation’s major ports, an...
Nigerian authorities are still hunting for the alleged mastermind of last month’s deadly U.N. headquarters bombing. They said Sunday that a 25 million naira ($160,000) reward...
A relative of the slain leader of a radical Muslim sect in Nigeria was shot dead Saturday, only two days after taking part in peace talks...
A former Nigerian president has urged relatives of a slain radical Muslim sect leader to halt the group’s increasingly bloody attacks against the government, meeting attendees...
ABUJA, Nigeria — Eight suspected members of a radical Muslim sect were charged Tuesday with taking part in bombings and attacks around Nigeria’s capital that killed...
Jos rocked by explosions at packed eatery in the city centre, according to witnesses.
Nigeria goalkeeper Vincent Enyeama (pictured), has apologized to his nation the team after last week’s spat with coach Samson Siasia. Enyeama, who moved to Lille during...
The Nigeria Central Bank governor, Mr. Lamido Sanusi (pictured), has indicated that Nigeria will start holding Chinese yuan as part of its foreign exchange reserves from...
ROTTERDAM, Netherlands — Judges refused on Monday to dismiss a terrorist case against a Nigerian activist charged with conspiring to attack oil pipelines in his homeland...
Nigeria’s Access Bank said on Thursday it will spend 50 billion naira (US$ 320 million) to acquire a 75 percent stake in rescued rival Intercontinental Bank...
ABUJA, Nigeria — Nigeria detained and released several radical Muslims suspected of being terrorists in 2007 — including a man who officials now say helped organize...
A Nigerian militant group has claimed responsibility after a car loaded with explosives rammed into the United Nations' building in the capital, killing about 20, a...
A view of Auckland, New Zealand, is the first image released from the Nigerian spacecraft Nigeria’s latest Earth observation satellites have returned their first pictures. The...
ABUJA, Nigeria — Rescue official: At least 7 dead in car bomb attack on UN building in Nigeria’s capital. Copyright 2011 The Associated Press. All rights...
Nigerian President Goodluck Jonathan announced on Tuesday a new state company that will guarantee to pay for power generated in Africa’s most populous nation, potentially opening...
The Nigerian naira fell to its weakest in almost two months against the U.S. dollar on the interbank market on Monday after the central bank removed...
ABUJA, Nigeria — Nigeria has launched two observation satellites into orbit, eight years after launching its first satellite. President Goodluck Jonathan said Wednesday on the state-run...
Nigeria’s headline inflation unexpectedly fell in July, data showed, reaching its lowest level for more than three years following an aggressive period of monetary tightening by...
KANO, Nigeria — Gunmen attacked two separate police stations across northern Nigeria, killing four police officers and two civilians in one attack while bombing a station...
Chelsea Star., Jon Obi Mikel Chelsea midfielder John Obi Mikel has made an emotional appeal after his father was abducted in his native Nigeria. The 24-year-old...
ABUJA, Nigeria — A government agency says Nigeria could lose more than $3 billion from its annual share of oil revenues if proposed laws are passed...
MAIDUGURI, Nigeria — Authorities in Nigeria say a radical Muslim sect operating in the northeast has shot dead another prominent cleric from the region, the latest...
KANO, Nigeria — Drug maker Pfizer Inc. says it has begun paying victims and their families affected by its fatal 1996 meningitis study in northern Nigeria....
Seawolf Oilfield Services CEO Adolor Uwamu – coutersy of CNN Nigeria is Africa’s top oil producer, with exports worth $59 billion last year, but the industry...
MAIDUGURI, Nigeria — Authorities say two suspected members of a radical Muslim sect in northeastern Nigeria shot and killed a senior prison official and a school...
President Goodluck Jonathan tasks committee to carry out negotiations with Islamist group and report back by mid-August.
KANO, Nigeria — Officials in northern Nigeria say parents who do not allow their children to be vaccinated against polio now risk jail time for defying...
Nigeria’s central bank raised its benchmark interest rate by a bigger-than-expected 75 basis points to 8.75 percent on Tuesday, the fourth increase this year in a...
LAGOS, Nigeria — Nigeria’s president is proposing limiting the president and governors to one term. A spokesman for President Goodluck Jonathan says the term would be...
MAIDUGURI, Nigeria — A bomb exploded in a busy neighborhood in Nigeria’s restive northeast, killing at least eight people, a witness said Sunday. Badigma Bukar, 45,...
Nigeria’s Afribank has called off deal talks with Vine Capital over doubts the private equity firm has the ability to raise the necessary funds to recapitalize...
Nigeria’s crude oil export has recorded a major boost as Shell Petroleum Development Company (SPDC) has lifted force majeure on about 300,000 barrels per day of...
ABUJA, Nigeria — Nigeria’s president has appointed most of the members of the new Cabinet. President Goodluck Jonathan told the newly appointed ministers at the presidential...
German Chancellor Angela Merkel urged Kenya on Tuesday to step up its fight against graft to help lure investment from her country, which is seeking to...
Africa optimism rising Africa offers among the world’s best investment prospects as emerging markets grow ever more important, although its economies risk being destabilized by the...
MAIDUGURI, Nigeria — A public university says it is closing indefinitely after receiving bomb threats from a radical Muslim sect in Nigeria’s restive northeast. University of...
Concerned Nigerians and families of contractors who claimed to have done jobs for MTN Communications Nigeria Limited, gathered at Folomo roundabout, Awolowo Way, Ikoyi, Lagos, by...
Shortly before she was hired in 2009 as the first female coach of Nigeria’s powerful women’s national soccer team, Eucharia Uche said at a seminar that...
Nigeria midfielder Lukman Haruna moves from French side Monaco to Ukrainian club Dynamo Kiev.
