Bloomberg News May 16, 2016 Strategists are criticizing Nigeria’s latest plan to rescue its currency — this time by relying on Chinese cash. On a visit to Beijing last month, President Muhammadu Buhari signed a 25
The Nigerian army has arrested several suspected members of a militant group called the “Niger Delta Avengers” (NDA), thought to be behind recent attacks on oil pipelines in the south. The country’s oil production has 25
BY CONOR GAFFEY | Newsweek/ Boko Haram was first on the list of priorities at an international security summit held in the Nigerian capital Abuja on Saturday. The Second Regional Security Summit, attended by French President 25
By Paul Cahalan (The Mail on Sunday) When David Cameron was caught on camera last week before an anti-corruption summit describing Nigeria as ‘fantastically corrupt’, the African state’s president rallied to the Prime Minister’s defence 25
Dangote Tomato Processing Factory, a newly commissioned company owned by Africa’s richest man, Aliko Dangote, has suspended its operations due to the unavailability of its most important raw material – fresh tomatoes. The Managing Director 25
The Los Angeles Times has reported that Kola Aluko, a controversial Nigerian oil tycoon, has sold his Bel-Air, Los Angeles mansion, as Nigerian and European authorities investigate him for a series of money-laundering and fraud-related 25
LAGOS, Nigeria (AP) — An explosion closed a second Chevron facility in Nigeria, witnesses said Friday, as renewed attacks by militants further cut production in Africa’s biggest petroleum producer. Adding to Nigeria’s economic woes, Exxon 25
Colin Freeman, Chief Foreign Correspondent The Telegraph With his luxury yacht, Swiss chateau and network of celebrity friends, businessman Kola Aluko is a regular face in the gossip columns of newspapers in his native Nigeria. The 25
Charles Kennedy, Oilprice.com / The Niger Delta Avengers (NDA), the group behind the string of attacks that have halted major operations in the oil-rich Niger Delta, have issued a threat to all oil companies in 25
LAGOS, Nigeria (AP) — Nigeria’s government announced Wednesday it is lifting a controversial subsidy on gas, nearly doubling the price amid a massive fuel shortage and militant attacks on oil installations in Africa’s biggest petroleum 25
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