Edition:
United Kingdom

Camillus Eboh

Nigerian opposition candidate absent from election accord ceremony

11 Dec 2018

ABUJA Nigeria's main opposition candidate did not attend an event on Tuesday to sign an election agreement stating a commitment to hold a peaceful election early next year due to a "communication lapse", his party said.

UPDATE 1-Nigerian central bank set to reach deal in $8.1 bln MTN dispute

22 Nov 2018

ABUJA, Nov 22 Nigeria's central bank is on the verge of an agreement over a $8.1 billion dispute with South African telecoms firm MTN, its governor Godwin Emefiele said on Thursday, declining to provide further details.

UPDATE 1-Nigeria's central bank holds benchmark lending rate at 14 pct

22 Nov 2018

ABUJA, Nov 22 Nigeria's central bank kept its main interest rate at 14 percent on Thursday, its governor Godwin Emefiele said.

Nigeria Senate committee says NNPC amount probed has doubled to $2.2 bln

15 Nov 2018

ABUJA, Nov 15 A probe by the Nigerian Senate into whether state oil firm NNPC improperly withdrew money has expanded with the amount under investigation doubling to over $2.2 billion, a committee said on Wednesday.

UPDATE 2-Nigeria senate to probe state oil firm over Nigeria LNG revenues

06 Nov 2018

* Probe could delay decision on LNG expansion plan (Adds NLNG expansion plans)

Nigerian unions, government agree minimum wage to avert strike

06 Nov 2018

ABUJA Nigerian trade unions and the government agreed to a new minimum wage proposal on Tuesday, in an attempt to avert a planned nationwide strike following threats to shutdown Africa's biggest economy, a union official said.

Nigerian unions threaten to resume strike unless government acts on minimum wage

21 Oct 2018

ABUJA Nigerian trade unions may resume a nationwide strike if the government fails to publicly agree to a proposed increase in the minimum wage and to set about putting it into law, three union federations said on Sunday.

Nigerian Senate backs Eurobond issue, warns of debt overhang

17 Oct 2018

ABUJA Nigeria's upper house of parliament approved a planned $2.786 billion Eurobond issue on Wednesday but advised the government to limit foreign borrowing and instead boost revenues.

UPDATE 2-Nigerian Senate backs Eurobond issue, warns of debt overhang

17 Oct 2018

ABUJA, Oct 17 Nigeria's upper house of parliament approved a planned $2.786 billion Eurobond issue on Wednesday but advised the government to limit foreign borrowing and instead boost revenues.

Death toll reaches 60 in Nigerian oil pipeline fire

15 Oct 2018

ABUJA Sixty people were killed after a fire broke out on Friday on an oil pipeline in the southeast of Nigeria, a spokesman for the National Emergency Management Agency (NEMA) said on Monday, up from the tally of 16 dead given by officials three days earlier.

World News