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The day Venezuela taught Nigeria a hard lesson

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The Nigerian minister of information and communication, Professor Dora Akunyili, was given a good lecture by the Venezuelan ambassador to Nigeria, Enerique...

Rebel attacks swell Nigeria-to-Ghana pipeline cost

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Rebel attacks in Nigeria's restive Niger Delta have boosted the cost of a natural gas pipeline to Ghana in which US oil...

Nigerian C.bank chief laments “culture of corruption”

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Nigeria's "culture of corruption" contributed to the crisis which led to a $4 billion bank bailout earlier this year, with bank chiefs...

Nigerian cabinet backs Yar’Adua amid calls to quit

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Nigeria's cabinet unanimously agreed yesterday there were no grounds on which to seek the resignation of President Umaru Yar'Adua, rejecting calls for...

World Bank lowers Africa forecast on global recession

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African economies will grow by an average of 1.7% this year, a downgrade from an earlier forecast of 3.5%, as a result of the...

Nigeria buys oil security, peacekeeping ‘copters

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Nigeria has agreed to purchase five used Super Puma helicopters from France to assist security forces in the oil-producing Niger Delta and...

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