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Nigeria Unviels Indigenous Armoured Personnel Carrier; Opens Armour Factory

Nigeria’s president Goodluck Jonathan has officially opened a newly established ballistic armour factory and commissioned Nigeria’s first locally produced armoured personnel carrier Igirigi. Jonathan on Monday...

Row Over Nigerian President’s Birth Control Plan

Religious leaders, human rights activists and opposition politicians yesterday faulted Nigerian President Goodluck Jonathan's plan to introduce a birth control law, saying it was...

Nigeria’s Dangote Group Building World’s Largest Cement Factory

President of the Dangote Groups, Alhaji Aliko Dangote, has unveiled plans to transform the Dangote Cement Plant in Obajana, Kogi State to the world's...

Nigeria Targets 40bn Barrels Of Crude Reserve, 4m Barrels Daily Production

AFRICANGLOBE - Nigeria’s President Goodluck Jonathan has stated that the key objective of his administration’s reform agenda in the oil and gas industry is to expand the crude oil reserve base to about 40 billion barrels, and increase the country’s daily production to about four million barrels per day.

Nigeria Now Produces 2.6 Million Barrels of Oil Daily – Jonathan

President Goodluck Jonathan has said that Nigeria now produces 2.6 million barrels of oil per day due to ongoing economic reforms embarked upon by...

Nigerian Government to Hold Oil Licensing Round This Year

After nearly five years of expectations, Nigeria's Federal Government will finally hold an oil licensing bid round this year, Director of Department of Petroleum...

Nigeria’s Budget a ‘Walk to Economic Freedom’ – President

Nigeria's President Goodluck Jonathan has described the 2012 budget as a stepping-stone to the transformation of the Nigerian economy and "our walk to economic...

Nigeria Seeks to Borrow U.S.$7.9 Billion to fund Pipeline Projects

Nigeria's Present Goodluck Jonathan yesterday asked the Nigerian Senate to give go ahead to borrow another $7.9billion (N1.3trillion) from the World Bank to fund...

Nigerian Presiden Urge World Leaders to Unite Against Terrorism

Nigeria's President Goodluck Jonathan on Wednesday urged world leaders to unite in the global war against terrorism, so as to ensure a peaceful world in the future.

Nigerian Govt Secures Big New Investments

Nigeria's Federal Government has secured about N2.2 trillion investment commitment from foreign and local investors for the non-oil sector of the Nigerian economy which will be invested in the country within the next 12 months.

CIA, MOSSAD to Probe Nigeria's Security Agencies

Nigeiran President Goodluck Jonathan may have set up a probe committee primarily of Israeli and the United States of America (USA)-recommended intelligence officers to examine the entire Nigerian security apparatus.

Nigeria's President Goodluck Jonathan Adds Aliko Dangote to His Economic Team

President Goodluck Jonathan on Friday added billionaire businessman Aliko Dangote and the Managing Director of Access Bank, Aigboje Imoukhuede to his newly formed economic management team, bringing more private sector weight to his line-up.

Nigerian President Names 24-Man National Economic Team

President Goodluck Jonathan Wednesday named a 24-man National Economic Management Team (NEMT) with the resumption of duty of the Minister of Finance and former Managing Director of World Bank Dr. Ngozi Okonjo- Iweala.