LAGOS A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks in the Gulf of Guinea.
ABUJA, July 23 Nigeria's president should
appoint a new board to run a government agency overseeing
economic development in the oil-rich Niger Delta region that has
faced accusations of financial mismanagement, lawmakers said on
ABUJA A Nigerian official collapsed on Monday during a televised parliamentary hearing held as part of an investigation into allegations of mismanagement at an organisation with a remit to foster economic development in the oil-rich Niger Delta region.
ABUJA, June 11 Nigeria's upper house of
parliament passed an increased budget for 2020 on Thursday, as
Africa's biggest economy tackles the new coronavirus pandemic
and a sharp fall in the price of oil, the country's most
ABUJA, June 10 Nigeria's House of
Representatives on Wednesday passed a revised 10.8 trillion
naira ($30 billion) budget based on oil prices at $28 per
ABUJA, June 5 Nigeria is proposing slashing its
basic healthcare funding by almost half as government finances
in Africa's biggest economy take a hit from the novel
coronavirus pandemic and low oil prices, according to the latest
budget proposal documents.
ABUJA, June 2 Nigeria's upper chamber of
parliament on Tuesday approved President Muhammadu Buhari's
request for $5.51 billion in external borrowing from
ABUJA, May 28 Nigerian President Muhammadu
Buhari on Thursday submitted a revised 2020 budget of 10.51
trillion naira ($29.19 billion) to Parliament for approval.
ABUJA Nigeria is wooing local companies to boost manufacturing and food production in the West African country, the central bank said, after the novel coronavirus disrupted imports and created large financing needs.
ABUJA, May 11 Nigeria has put in place policies
to ensure foreign investors that want to repatriate funds can
exit the country in an orderly fashion, the central bank said
late on Sunday, without giving any details.