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NNPC’s debt over-hang prompted $3bn debt oil swap deal says ex-boss

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ABUJA—FORMER Group Managing Director, GMD, of Nigerian National Petroleum Corporation, NNPC, Austen Oniwon, Tuesday, February 16, 2015, told the ad-hoc committee on Crude Oil...

Dasuki says he is not ready for trial

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ABUJA— Former National Security Adviser, NSA, Sambo Dasuki, says he will not answer to a court trial until the Federal Government of Nigeria comply...

Rights group hails Dickson’s election victory

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Coalition for Good Governance and Economic Justice in Africa, CGGEJ, yesterday, hailed the Ijaw nation for the re-election of Governor Seriake Dickson of Baylsa...

Jebba Power Plant to get $800 million make-over

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(ABUJA, NIGERIA): Nigeria and Japan have agreed to a $800million credit facility for the Jebba Power Plant which will see the aging power plant...

Nigerian Women freed from Boko Haram face rejection at home

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A new crisis is emerging as the Nigerian military liberates droves of women and girls from their Boko Haram captors: Many of the newly...

Boutros Boutros-Ghali, First UN Chief From Africa, Dies

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Boutros Boutros-Ghali, a veteran Egyptian diplomat who helped negotiate his country's landmark peace deal with Israel but then clashed with the United States when...

Zika virus: WHO, international experts to visit Brazil

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International experts, including World Health Organization chief Margaret Chan, are visiting Brazil this week and next to check out a major increase in Zika...

Airtel Africa goes for top-level changes

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Aimed at quick decision-making, Bharti Airtel on Tuesday announced top-level changes for its Africa operations. Raghunath Mandava has been appointed as chief operating officer  of...

Massive $14 million diamond found in Africa; 404.2 carats, one of...

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A massive diamond among the largest ever discovered was recently unearthed in Angola, mining company Lucapa announced Monday. At 404.2 carats, it measures about 7...

Beijing places missile launchers on disputed South China Sea island

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China has placed surface-to-air missile equipment on one of the disputed islands in the South China Sea, newly published satellite images appear to show. China...