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Nigeria naira eases, oil firms’ dollar sales to support

Ade Adewale — Mon, 25 Nov 2013 14:48:59 +0000

LAGOS (Reuters) – Nigeria’s naira weakened marginally on Monday due to strong dollar demand but the local currency was expected to be supported later in the week by energy firms selling forex, traders said. The local unit closed at 158.75 to the dollar, slightly weaker than the 158.70 it closed on Friday. Traders said about [...]

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'Hundreds' of gunmen storm central Nigeria town, kill 5

Ade Adewale — Sun, 24 Nov 2013 17:37:30 +0000

Jos (Nigeria) (AFP) – Some 300 gunmen stormed a mostly Christian village in central Nigeria on Sunday, killing five people and burning scores of homes, police said. The early morning attack targeted the village of Kuka in Plateau state, which roughly falls on the dividing line between Nigeria’s mainly Christian south and predominately Muslim north. [...]

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Extremists kill 12 in north Nigeria village attack

Ade Adewale — Sun, 24 Nov 2013 13:16:06 +0000

MAIDUGURI, Nigeria (AP) — Survivors say militants screaming “God is great!” killed at least 12 civilians and set homes ablaze as they rampaged through a village in northeastern Nigeria, an area that has been attacked several times. Villagers who trekked nearly 100 kilometers (60 miles) to Maiduguri, capital of Borno state, said 30 Islamic extremists [...]

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Nigeria to hold extra governorship vote after hitches

Ade Adewale — Sun, 24 Nov 2013 08:28:47 +0000

ONITSHA, Nigeria (Reuters) – Nigeria set November 30 for the rerun of parts of a state governorship election that were annulled because of suspicious actions by a polling official, in a test of the national electoral commission some 18 months before presidential polls. Organisers said parts of Anambra state would hold a re-run after an [...]

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Suspected Islamists kill 12 in northeast Nigeria: police

Ade Adewale — Sat, 23 Nov 2013 20:55:58 +0000

Maiduguri (Nigeria) (AFP) – Suspected Boko Haram Islamists have killed 12 people in Nigeria’s restive northeast, burning homes and stealing cars in an area repeatedly attacked by the insurgent group, police and residents said Saturday. The attack in the Sandiya village happened Thursday in Borno state, Boko Haram’s stronghold, but details were slow to emerge [...]

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Nigeria president cleared to travel after illness in London

Ade Adewale — Sat, 23 Nov 2013 18:46:59 +0000

Abuja (AFP) – Nigeria’s President Goodluck Jonathan has been given the all clear to travel after falling ill while on an official visit to London, his spokesman said Saturday. Jonathan was forced to skip a meeting Thursday with an investment advisory group after “the sudden onset of several abdominal pains,” Reuben Abati said in a [...]

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Driven from towns, Nigeria extremists hit villages

Ade Adewale — Fri, 22 Nov 2013 18:19:40 +0000

YOLA, Nigeria (AP) — Hearing his neighbors’ screams around midnight, a businessman in northeast Nigeria ripped off his pajamas and jumped out a window, hoping his dark skin would not be visible to the people attacking his village. Like many villages in the region in recent weeks, Mbitiku was under attack from Islamic militants competing [...]

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Nigeria to speed up shift away from oil

Ade Adewale — Fri, 22 Nov 2013 16:06:24 +0000

Nigeria moves away from reliance on oil Friday, 22 Nov 2013 | 1:15 AM ET Ngozi Okonjo-Iweala, finance minister of Nigeria, says that the country is look for more equal and “inclusive” growth. Nigeria must work faster to reduce its dependence on oil for its economic growth, the country’s finance minister told CNBC. Nigeria’s oil [...]

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Nigeria to probe state oil firm over alleged unaccounted sales

Ade Adewale — Thu, 21 Nov 2013 22:12:00 +0000

Lagos (AFP) – Nigeria’s lower house of parliament Thursday voted to probe giant state-run oil firm NNPC over its alleged failure to account for about $13 billion from crude sales this year. The House of Representatives adopted a motion sponsored by one of its members, Haruna Manu, asking the Nigerian National Petroleum Corporation (NNPC) to [...]

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Pipeline accidents have killed 3,000 people in Nigeria: official

Ade Adewale — Thu, 21 Nov 2013 19:00:39 +0000

KADUNA, Nigeria, Nov. 21 (UPI) — Nearly 3,000 people have died and thousands wounded in at least 30 pipeline accidents in Nigeria in the last 15 years, says a petroleum industry official. Bafred Enjugu, acting managing director of a subsidiary of the Nigerian National Petroleum Corp., revealed the numbers during a workshop for company workers, [...]

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