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France Hands Over Stolen Nigerian Artifacts

AFRICANGLOBE - It is no longer news that many Nigerian artifacts are in Europe and America held by both public institutions such as Museums, Universities and Galleries as well as by private individuals, but what is new is the collaborative efforts being made by the Nigerian government and the countries where these artifacts are taken in the first place to repatriate them back to the country where they rightly belong.

Nigerian Oil Company Oando to Acquire Conoco Phillips Nigerian Business for...

AFRICANGLOBE - Nigeria’s leading indigenous energy group, Oando PLC, has announced its affiliate Oando Energy Resources (OER), which is listed on the Toronto bourse (TSX), has entered into agreements with ConocoPhillips (COP) to acquire its entire business interests in Nigeria for an estimated cash of $1.79 billion including customary adjustments.

Qatar to Invest $390m In Nigeria’s Transport Sector

AFRICANGLOBE - Nigeria and Qatar have finalised plans to sign a memorandum of understanding (MoU) for the investment of $390 million in former’s transport...

Nigerian Stock Exchange Targets $1 Trillion Market Capitalization By 2016

AFRICANGLOBE - Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has disclosed plans for the NSE to hit  $1 trillion...

Nigerian Finance Minister’s Mother Rescued from Kidnappers

AFRICANGLOBE - The Nigerian Police has confirmed the release of Prof. Kamene Okonjo, mother of Nigerian Finance Minister Ngozi Okonjo-Iweala, five days after her...

Nigerian Aviation Industry Generates $25 Billion

AFRICANGLOBE - A recent reports indicate that over $25 billion has been generated in Nigeria by foreign and domestic airlines, charter service providers and...

Architecture That Saves Nigerians 30% On Building Cost

AFRICANGLOBE - When Lagos, the commercial heart of Nigeria, moved to create more space for its 15 million populace, it went as far as...

Nigerian Students Invent Urine Powered Generator

AFRICANGLOBE - It's ironic that Nigeria, Africa's leading oil producer, suffers from frequent fuel and power shortages. But four Nigerian students have found a...

GlaxoSmithKline to Invest $1Billion In Nigerian, Indian Businesses

AFRICANGLOBE - Britian’s largest drugmaker, GlaxoSmithKline Plc (GSK) has disclosed plans to invest $1 billion in its Nigerian and Indian units, in a bid...

Nigerian Navy Intercepts 17 Vessels Suspected of Carrying Stolen Oil

Seventeen ships laden with tens of millions of barrels of crude oil suspected to have been stolen were arrested by the navy. The ships were...

Nigeria’s Billionaire Debtors and the Economy

AFRICANGLOBE - Access to credit, or a lack thereof, by consumers and businesses in capitalist and mixed financial systems usually serves as a major...

Suicide Bomber Kills 7, Injured Dozens at Nigerian Church

A suicide bomber has claimed the lives of at least seven, and left 100 others injured at a Nigerian church in Kaduna. The northern...

Boko Haram – A Nigerian Problem With a Nigerian Solution

West Africa is at a crossroads. As terrorists lay siege to embassies in the North of the continent, the “summer of siege” in West...

Nigeria Attracted $42.6bn Investments In 9 Months

Nigerian President, Goodluck Jonathan has disclosed  that Nigeria’s economy attracted investments worth 6.8 trillion naira ($42.6 billion) in nine months, with Gross Domestic Product...

Saudi Arabia Commence Expelling Female Nigerian Pilgrims

Saudi Arabia on Friday began expelling over a thousand female Nigerian pilgrims from the country because they had arrived without male guardians, the first...

Nigeria Gives Saudi Arabia Ultimatum Over Jailed Nigerian Pilgrims

Nigeria's Federal Government on Wednesday in Abuja gave the Saudi Arabia government 24 hours to expedite action in resolving the issues surrounding the detention...