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The day Venezuela taught Nigeria a hard lesson

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

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”

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

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

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

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