Edition:
United Kingdom

Felix Onuah

UPDATE 2-Nigeria plans VAT increase in push to raise non-oil revenue

12 Sep 2019

ABUJA, Sept 12 Nigeria plans to increase value-added tax on goods, the finance minister said, as Africa's biggest oil exporter seeks to reduce its reliance on crude sales.

Nigeria plans VAT increase in push to raise non-oil revenues

12 Sep 2019

ABUJA, Sept 12 Nigeria plans to increase value-added tax on goods, the finance minister said, as Africa's biggest oil exporter seeks to reduce its reliance on crude sales.

Nigeria boycotts Africa economic summit over anti-foreign riots

04 Sep 2019

CAPE TOWN Nigeria said on Wednesday it would boycott an Africa economic summit in Cape Town, intensifying a diplomatic row after a series of deadly attacks on foreigners in South African cities.

Nigeria closes part of border with Benin to check rice smuggling

28 Aug 2019

ABUJA Nigeria has partially closed its western border with Benin to curb rice smuggling that is threatening the country's attempt to boost local production, the government said on Wednesday.

Nigeria's Buhari assigns cabinet portfolios, appoints new oil minister

21 Aug 2019

ABUJA Nigeria's President Muhammadu Buhari swore members of his cabinet into office on Wednesday, assigning a new minister of state for petroleum in Africa's top producer of crude oil.

Nigeria central bank to defend reserves in wake of UK $9 billion court ruling

19 Aug 2019

ABUJA Nigeria's central bank will strive to protect the country's currency reserves after a British court ruling granted a small natural gas firm the right to try to seize $9 billion in assets from Nigeria's government, the bank's head said on Monday.

UPDATE 1-Nigeria agrees plan with Siemens to nearly triple power supply by 2023

22 Jul 2019

ABUJA, July 22 Nigeria and German company Siemens have agreed a roadmap to nearly triple the country's "reliable" power supply by 2023, President Muhammadu Buhari said on Monday.

Nigerian governor says armed robbers, not cash-eating gorilla, stole $22,000

18 Jun 2019

ABUJA An investigation into the disappearance of 6.8 million naira ($22,000) from a zoo in northern Nigeria found it had been taken by armed robbers - not eaten by a gorilla as widely reported in local newspapers.

UPDATE 1-Nigerian president signs $29 bln 2019 budget into law

27 May 2019

ABUJA, May 27 Nigerian President Muhammadu Buhari signed an 8.9 trillion naira ($29 billion) budget for 2019 into law on Monday.

Nigeria's Buhari signs law to increase minimum wage - aide

18 Apr 2019

ABUJA President Muhammadu Buhari has signed into law a bill to increase Nigeria's minimum wage with immediate effect, an aide said on Thursday.

World News