Nigeria Considers Doubling Diaspora Bond to Lure Citizens Abroad

A general view of congested traffic in central Lagos, Nigeria.

  Nigeria may more than double the size of a planned $100 million diaspora bond to tap demand from nationals living outside the continent’s most populous nation to fund projects back home. A general view of congested traffic in central Lagos, Nigeria. The Debt Management Office is set to ask lawmakers within two to three weeks for a possible More...

by | Published 219 days ago
Building roads in Abuja
By On Tuesday, January 21st, 2014

Africa: Growing Nigeria Must Trade More With Africa, Experts

 By: DOUGLAS IMARALU  (TrustMedia-London) Nigeria will overtake South Africa as Africa’s largest economy in the next two years, experts predict. But concern is also rising that by not doing “enough” More...

Nigeria (file photo)
By On Wednesday, January 8th, 2014

Africa: Growing Nigeria Must Trade More With Africa, Experts

 TrustMedia (London) By: DOUGLAS IMARALU, 7 JANUARY 2014 Nigeria will overtake South Africa as Africa’s largest economy in the next two years, experts predict. But concern is also rising that by not More...

Nigerian billionaire Aliko Dangote
By On Saturday, December 14th, 2013

Nigeria’s Dangote plans to invest $16bn to boost expansion

 LAGOS — Dangote Group, the Nigerian company controlled by Africa’s richest man, Aliko Dangote, plans to invest about $16bn in cement, petrochemicals and agriculture over the next four years to boost expansion. Nigerian More...

Nigerian President Goodluck Jonathan (second from right).
By On Saturday, December 14th, 2013

Nigeria:-Obasanjo irks successor in open letter

 ABUJA — One of Nigerian President Goodluck Jonathan’s predecessors and mentors has turned against him, penning a scathing denunciation that could deepen division in the ruling party and may embolden Mr More...

Central Bank of Nigeria
By On Saturday, December 14th, 2013

Nearly $50bn missing at Nigerian state oil company, says central bank

 ABUJA — Nigeria’s NNPC state energy company has not accounted for nearly $50bn in revenue from the sale of crude oil which should have been paid into government accounts under law, the central bank has More...

nigeria01
By On Monday, December 2nd, 2013

Nigeria tries car making to lift import cartel brake on reforms

 Opinion & Analysis By: DIANNA GAMES* The traffic jams in Lagos are legendary. In the hours spent on the city’s roads, there is plenty of time to view the array of cars of every imaginable make and age More...

Nigeria's Petroleum Minister, Allison Maduek
By On Monday, December 2nd, 2013

Nigeria offers oil licences to locals

 ABUJA — Nigeria will offer domestic operators 31 exploration licences next month for oilfields with volumes too low for bigger overseas companies, broadening the range of investors in the industry. Sixteen More...

Nigeria
By On Saturday, August 24th, 2013

Nigeria: The Land of Entrepreneurs

 By: Baldwin Berges* Baldwin  takes a closer look at Nigeria’s entrepreneurs who are the driving force behind this increasingly assertive nation:- Apart from its status as a major global oil exporter, most More...

Abdul Karim Bangura, PhD -is Professor of Research Methodology and Political Science at Howard University
By On Friday, June 21st, 2013

Sierra Leonean Researcher to Deliver University of Lagos Distinguished Public Lecture

 By:  Dennis Kabatto When Washington, DC based, Sierra Leonean researcher, Professor Abdul Karim Bangura delivers the University of Lagos (UNILAG) Distinguished Public Lecture Thursday at 10 am in the Main More...