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Nigeria: MMM Nigeria Returns With New Conditions

By Jayne Augoye Nigeria’s number 1 Ponzi scheme, MMM Nigeria, is back. This is according to a statement issued by the official Twitter account. “This is to officially inform you that MMM Nigeria is open for business a day earlier than promised! Let’s go there Nigerians,” the post said. This time around the Russian Ponzi […]

Nigeria: Govt Says 204 Killed in Southern Kaduna Crisis

By Garba Muhammad The National Emergency Management Agency, NEMA, says 204 people have been killed in the Southern Kaduna crisis. The clashes between Fulani herdsmen and locals in southern Kaduna have lasted months. It is the first time a government agency is providing a figure of the attacks since they began last year. The Catholic […]

Naira stays low against dollar, pound in parallel market ▷ NAIJ.COM

The Nigerian Naira on Friday afternoon, January 13, stayed unchanged against the major foreign currencies at the parallel market. Recall that the Naira yesterday, edged closer to a landmark 500 units per dollar as it dropped N3 to trade at N495 to the dollar. Graph showing the black market rate from 2015-2016 However, the local […]

Shilling to ease, Nigerian naira to strengthen

Kenya’s shilling is seen weakening against the dollar in the coming week, while the Nigerian naira is expected to strengthen, traders said. The Kenyan shilling may weaken due to demand for dollars from oil importers and multinational companies who want to stock up on the currency and avoid being hit by a further decline, traders […]

Nigeria – Disturbing Intolerance of Dissent

Photo: allafrica.com Oromo protesters were injured in Ethiopia as well as pro-Biafra protesters in Nigeria during 2016. Abuja — Growing concerns about intolerance of dissent and a heavy-handed response to protests dominated Nigeria’s human rights landscape in 2016, Human Rights Watch said today in releasing its World Report 2017. Government rhetoric about security sector reform […]

Celebrating African and contemporary fashion with bold print BusinessDay : News you can trust

OmoseKids a new clothing line with focus on fusing African and contemporary fashion recently launched in Lagos. “Omose;” which means beauty in bini, predominant language from Edo state in Nigeria is a range of beautifully handmade clothing items for children. The Creative Director and CEO of OmoseKids, Tricia Ikponmwonba-Yusuf in an interview with BusinessDay said “I am […]

Nigeria: In New Report, Human Rights Watch Slams Nigeria’s 2016 Rights Record

Growing concerns about intolerance of dissent and a heavy-handed response to protests dominated Nigeria’s human rights landscape in 2016, Human Rights Watch said Thursday in releasing its World Report 2017. Government rhetoric about security sector reform and improving accountability for rights abuses has yet to translate into concrete action, Human Rights Watch said a statement. […]

Nigeria: Buhari Admits Boko Haram Not Defeated Until Chibok Girls, Others Are Rescued

By Samuel Ogundipe President Muhammadu Buhari has admitted his government will not proclaim victory over the extremist group, Boko Haram, until all the kidnapped Chibok school girls are rescued. The president said this in a letter he wrote to Pakistani child rights activist, Malala Yousafzai, in which he offered explanations about the ongoing efforts to […]

Nigeria May Lose $550 Million ‘Abacha Loot’ to the U.S.

Prof. Itse Sagay, Chairman, Presidential Advisory Committee Against Corruption (PACAC), on Thursday said Nigeria risked losing another $550m recovered from the Abacha family to the United States. Sagay disclosed this during a media parley on asset recovery jointly organised by PACAC and Office of the Senior Special Assistant to the President on Foreign Affairs and […]

Nigeria: Premium Times Replies Nigerian Army, Demands Apology From Buratai, Others

By Nicholas Ibekwe PREMIUM TIMES has replied a letter sent by the Nigerian Army, threatening legal action against the newspaper for publications about the army and its chief, Tukur Buratai, a Lieutenant General. On Wednesday, the newspaper published a letter dated December 22, written on behalf of Mr. Buratai, by I.M Alkali, a Major General, […]

Nigeria: 9 Things to Know About Proposed Development Bank of Nigeria

The Federal Ministry of Finance on Thursday confirmed the completion of the recruitment of the Executive Management team of the proposed Development Bank of Nigeria (DBN). The DBN was conceived in 2014, but its take-off had been fraught with delays. Here are nine things to know about the bank that is expected to take off […]

Nigeria: Buhari Off to Gambia for Ecowas Mediation, Mali for Africa-France Summit

Photo: Vanguard President Muhammadu Buhari. By Isiaka Wakili President Muhammadu Buhari will travel to Banjul, the capital of The Gambia and Bamako, the Malian capital from January 13 to 14, 2017. The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, disclosed this in a statement today. According to Adesina, in Banjul, […]

Nigeria: Lawmakers Want Asylum for Jammeh

Photo: Le Pays Yahya Jammeh with the ECOWAS delegation. By Ebuka Onyeji and Agency Report Nigeria’s lower chamber of parliament on Thursday asked the country’s President Muhammadu Buhari to consider offering asylum to President Yahya Jammeh to resolve the political crisis in The Gambia. Mr. Jammeh has refused to leave office despite losing December’s presidential […]

Nigeria: Presidency Clarifies Nigeria’s Relationship With Taiwan

Photo: NAN Taiwan’s President Tsai Ing-wen. A day after Nigeria’s foreign affairs minister said “Taiwan will stop enjoying any privileges (from Nigeria),” the presidency clarified Nigeria’s stance on the matter. Geoffrey Onyeama had at a news conference on Wednesday said “Taiwan will stop enjoying any privileges because it is not a country that is recognised […]