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Tag Archives: nigeria

No hawking. No trading. Lagos bans street selling

Lagos, Nigeria | AFP | Every morning, Mama Biliki prepares small bags of popcorn outside her ramshackle house in Ajegunle, one of Lagos’ poorest neighbourhoods, to sell by the roadside for 50 naira each. On a good day, she reckons she can earn about 5,000 naira ($16, 15 euros) hawking …

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Nigeria ‘talking to’ oil rebels: Buhari

Abuja, Nigeria | AFP | Thursday Nigeria’s President Muhammadu Buhari on Thursday said the government was in talks with oil rebels whose attacks have hit production, as the head of the state-run energy firm laid bare damage to the sector. Buhari said in a statement that “his administration is talking …

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Five things about Nigerian star Ahmed Musa

London, United Kingdom | AFP | Five things about Nigerian international Ahmed Musa after English Premier League champions Leicester City signed him from CSKA Moscow for a club record fee of £16.6 million ($22 million, 20 million euros) on Friday:   Congratulations to Ahmed Musa on his move to English …

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Brent oil falls below $50 as Nigeria ups production

Singapore, Singapore | AFP | Oil prices retreated in Asia Tuesday, with Brent easing below $50 on news of increased production from Nigeria following the repair of infrastructure damaged in militant attacks. Bloomberg News reported Tuesday that Nigeria, Africa’s biggest oil producer, pumped an average 1.53 million barrels a day …

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Nigeria to stop defending naira

Abuja, Nigeria | AFP | Nigeria signalled Wednesday it will ease currency controls, opening the door to a plunge in the value of the naira, after the restrictions were blamed for stifling the economy. Central Bank of Nigeria (CBN) governor Godwin Emefiele said in a televised speech from Abuja that …

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MTN to pay $1.7 bn Nigeria telecoms fine

Johannesburg, South Africa | AFP | South African telecoms giant MTN said Friday it would pay a $1.7 billion fine to the Nigerian government in a “full and final settlement” over its failure to disconnect unregistered mobile phone users. The Johannesburg-based company said in a statement that “MTN Nigeria has …

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