The government now pays out almost U.S.$40 million annually to four of the Niger Delta's top former warlords, allegedly as protection fees for oil pipelines they used to attack, ... Read more »
The ill-fated airline is being sued for negligence by over 20 relatives of foreigners involved in the crash that killed 153 passengers on board and 10 on the ground in June. Read more »
The group say it will continue attacking telecommunication facilities because they are assisting the government and security agencies in tracking and arresting its members. Read more »
The plan by the national bank to introduce 5,000 naira note into circulation by first quarter of 2013 and to convert some naira notes into coins has sparked controversy in the ... Read more »
The late Mr Ola Vincent, who served as the Governor of the Central Bank of Nigeria between 1977 and 1982, died at the age of 87 and was laid to rest in Lagos. Read more »
The Navy says it has rescued the oil vessel, MT Abu Dhabi Star, hijacked by pirates off the Nigerian territorial waters early on Wednesday morning. Read more »
The Economic and Financial Crimes Commission has arraigned Mahmud Tukur, son of Alhaji Bamanga Tukur, Chairman of the Peoples Democratic Party and four others for their alleged ... Read more »
A French firm has been fined about U.S.$630,000 by a court in Paris for bribing public officials in Nigeria to obtain a huge identity card contract between 2000 and 2003. Read more »
President Ellen Johnson Sirleaf has signed into law the more-than $600-million budget, saying there will be a "seismic change and paradigm shift" in the way public expenditure is ... Read more »
Along the country's western coastline from the outskirts of Dakar, thousands of farmers are earning a living growing fruit and vegetables; their output greatly exceeds domestic ... Read more »
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