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Nigerian President Targets 3.5 Million Agricultural Jobs

Nigeria's Agricultural Transformation Action Plan (ATAP) of the Federal Government will create 3.5 million jobs and add 20 million tonnes of food to the...

Report Cautions Against Deepening Corruption in Oil Sector

A new report by Global Witness, an international non-governmental organisation, has warned of a high risk of corruption in natural resource contracts in Nigeria...

Total Gets Ultra Deepwater Drillship for Nigeria’s Egina Field

French oil major, Total has engaged ultra-deepwater drillship, Pacific Scirocco on a one-year drilling contract for Egina Deepwater field, located 150kilometres offshore Nigeria, at...

Foreign Tourists Arrive in Abuja By Road

A group of adventurous tourists, who took it upon themselves to tour and explore the African continent on roads, have arrived the Federal Capital...

Nigeria and Kenya the World’s Most Attractive Investment Destinations

In spite of the political upheaval in Nigeria and some other countries, investment institutions polled by the Economist Intelligent Unit (EIU) said Nigeria, Kenya were likely to bring the best investment returns within Africa over the next three years, followed by Zimbabwe, Tanzania and Ghana.

Nigerian Consortium Buys Stake in Two Oil Blocks

A Nigerian firm backed by Britain's Afren and a mainly local consortium have bought major stakes in onshore oil blocks from Shell, Total and Agip for more than $700 million, officials announced Thursday.

Nigeria’s Imo State Govt to Unveil U.S.$ 2 Billion Gas Master-plan

Nigeria's Imo State Government has said it would soon unveil its Gas Masterplan, Phase 1, estimated to cost about $2billion, covering 8 years investment span. Governor Rochas Okorocha stated this during Imo International Gas Round table with the theme, Gas to Wealth, held at Concorde Hotel, Owerri

Show Some Fiscal Discipline, Sanusi Tells Nigerian Government

AFRICANGLOBE - The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday night reiterated the need for Nigeria's Federal Government to imbibe sound fiscal discipline in order to ensure stable exchange and low interest rates in the country. Sanusi, who said this after receiving Forbes African Person of the Year at a dinner in Lagos, said Nigeria could not achieve stable exchange and low interest rates with her current spending pattern.

Books Versus Bullets in North-East Nigeria

Continuing violence between the Joint Military Task Force and the radical Islamist sect, Boko Haram, in the Nigerian city of Maiduguri in north-east Nigeria has resulted in schools closing intermittently. But one school is battling to bring education to the city's children.

Sharia Favours the Rich, Claim Nigerian Rights Activists

Boko Haram's deadly insurgency in Nigeria is fuelled by their desire to see stricter Islamic law, or Sharia, in northern Nigeria. Civil rights activists have voiced their concerns that poor people would bear the brunt of a more severe form of Sharia.

Shell Accused of Funding Clashes, Armed Gangs in Nigeria

AN industry watchdog, Platform of London has accused Royal Dutch Shell, the parent company of Shell Petroleum Development Company of Nigeria (SPDC) of funding armed gangs, which had fuelled human rights abuses in Nigeria.

Nigeria Federal Government Plans 50,000 Jobs

Nigeria's Federal Government on Monday, said it is targeting the creation of about 50,000 new jobs and 6,000 young entrepreneurs within the next three years with the launch of the Youth Enterprise with Innovation in Nigeria, YOU WIN, project.

'Shell Paid Soldiers to Suppress and Kill Nigerian Protesters in Ogoniland'

Documents that have emerged from court cases against oil giant, Shell Petroleum Development Company (SPDC) of Nigeria reveal that in the 1990s it routinely worked with Nigeria's military to suppress resistance to its activities, often from activists in Ogoniland, in the delta region, some of them ending in deaths

Chinese Firm to Build 10,000 Housing Units in Nigeria

The Shangai Green Building System Company Limited, China has signed a Memorandum of Understanding (MOU) with Air and Marine Services Limited, promoters of Kidney Island Energy Free Trade Zone project in Port Harcourt, Nigeria.

New Research Reveals Shell Paid Militants Who Destroyed Nigerian Towns

Shell fuelled human rights abuses in Nigeria by paying huge contracts to armed militants, according to a new report published by Platform and a coalition of NGOs.

Nigeria's Trade With U.S. Surges by 25 Percent

The volume of trade between Nigeria and the United States of America (USA) has hit N34.6 billion in 2010. The National President, Nigerian-American Chamber of Commerce (NACC), Mr. Sam Ohuabunwa, who made the statement at the recent 51st Annual General Meeting (AGM) of the chamber in Lagos.
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