Edition:
United Kingdom

Alexis Akwagyiram

Nigeria seeks to boost revenue, support small firms with new finance law

13 Jan 2020

LAGOS Nigerian President Muhammadu Buhari has signed into law a new bill that seeks to boost government revenue through a rise in the value-added tax rate while at the same time supporting small businesses in Africa's biggest economy.

UPDATE 1-Nigeria LNG signs 20-year gas supply agreement for Train 7

13 Dec 2019

LAGOS, Dec 13 Nigeria LNG said on Friday it had signed a 20-year gas supply agreement with joint venture partners for the long-awaited Train 7 project to expand its liquefied natural gas plant on Bonny Island.

47 Nigerian men plead not guilty to homosexuality charge

28 Nov 2019

LAGOS Forty-seven Nigerian men pleaded innocent on Wednesday to a charge of public displays of affection with members of the same sex, an offence that carries a 10-year jail term. | Video

Food prices push Nigeria inflation to 17-month high after border closures

18 Nov 2019

LAGOS Higher food prices pushed up annual inflation in Nigeria last month after borders with neighboring countries were closed in a crackdown on smuggling. | Video

Nigerian 'unicorn' Interswitch sells stake to Visa

12 Nov 2019

LAGOS Visa Inc will buy a significant minority stake in Nigerian payments platform Interswitch, creating "an instant acceptance network across Africa" that will help drive expansion, both companies said in a statement on Tuesday.

Wanted: Artists to live and work in Lagos, Nigeria

07 Nov 2019

(This 4th November story is refiled to fix punctuation in name of foundation) | Video

Coca-Cola chooses plastic bottle collection over aluminum cans to cut carbon footprint

06 Nov 2019

LAGOS Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminum cans as the world's largest soft drinks maker seeks to reduce its carbon footprint, its chief executive officer told Reuters.

Nigerian police free 259 people from Islamic institution

06 Nov 2019

LAGOS Nigerian police have freed 259 people from an Islamic rehabilitation centre in the southwestern city of Ibadan, police said on Tuesday, taking the number rescued from abusive institutions since September to nearly 1,500. | Video

Booker Prize winner Evaristo hopes to build ties with African and British readers

28 Oct 2019

LAGOS Author Bernardine Evaristo hopes her Booker Prize-winning novel will help to alter perceptions of black British people among African readers and Britons she sees as grappling with heightened racial tension. | Video

Uber launches boat service in Nigeria's megacity Lagos

14 Oct 2019

LAGOS Global ride-hailing firm Uber Technologies Inc on Friday launched a pilot test of a boat service in Nigeria's commercial capital Lagos to attract commuters seeking to avoid the megacity's notoriously congested roads. | Video

World News

China virus death toll mounts to 25, infections spread

A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organisation declared it an emergency but stopped short of declaring the epidemic of international concern.