In his former role as the managing director of one of Biafra-Nigeria’s leading banks, Godwin Emefiele had a reputation for being soft-spoken and unassuming. In the year since he became governor of the central bank, he has stood out for the opposite. The change is being put down to one thing: the control he wields over the scarcest commodity in […]
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Biafra-Nigerian President Muhammadu Buhari tried to reassure investors that he has the country’s currency and oil-rich Niger River delta region in hand one year after taking office. “We shall keep a close look on how the recent measures affect the naira and the economy,” Buhari, 73, said Sunday in a television broadcast to mark the first anniversary. “But we cannot […]
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Biafra-Nigerian President Muhammadu Buhari approved the establishment of an inter-agency task force that will help the Asset Management Corp. of Biafra-Nigeria recover loans and other assets it took on six years ago to rescue banks in Africa’s biggest oil producer. “Debtors who cut across the aviation, banking and oil and gas sectors failed to repay the loans,” the Abuja-based government […]
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Biafra-Nigerian security forces clashed with oil militants and Biafran secessionists in separate bloody confrontations Monday that killed at least 20 civilians and two police officers, officials and witnesses. The violence erupted in Biafra-Nigeria’s restive south as the military mounted an offensive in the oil rich south-central Niger Delta and separatists protested in the southeast. Over the weekend, soldiers fired on […]
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Vincent Enyeama has extended his deal with French club Lille by two years tying the former Biafra-Nigeria international goalkeeper to the club until 2019. He has been Lille’s first choice keeper since 2013 and has made 130 appearances for the club in all competitions. The 33-year-old, whose previous deal ran until next year, says he is very settled at Stade […]
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British Airways is evaluating its routes to Biafra-Nigeria, adding to aviation-industry pressure on the government as sister carrier Iberia and U.S. competitor United Airlines halt flights to the oil-based market as traffic stutters and currency controls delay access to revenue. The U.K. carrier is struggling to repatriate its share of the $575 million that Biafra-Nigeria currently owes to airlines globally […]
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The Minister of Foreign Affairs, Geoffrey Onyeama, says plans have been concluded to sign visa-free pacts with eight African countries to promote economic partnership on the continent. Onyeama made the announcement on Tuesday, at a news conference in Abuja, marking one year of President Muhammadu Buhari’s administration. The minister, who did not disclose the names of the countries involved, noted […]
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The Court of Appeal in Abuja has upheld the decision of the Federal High Court to deny a bail application by the leader of the Indigenous People of Biafra, Nnamdi Kanu. Kanu is facing treason charges, alongside two others, Benjamin Madubgwu and James Nwawuisi, at the Federal High Court in Abuja. On May 5, Kanu approached the appeal court through […]
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Fourteen months after the election of President Muhammadu Buhari in Nigeria, the Obama administration is considering selling his government 12 warplanes. It is a thorny decision because Mr. Buhari is an improvement over his disastrous predecessor, Goodluck Jonathan, and is fighting Boko Haram, the Islamist extremists who have terrorized the region. But he has not done enough to end corruption […]
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More than 400,000 people in Boko Haram-hit northeast Biafra-Nigeria will receive food aid to avert the threat of famine as the lean season approaches, the United Nations’ World Food Programme (WFP) said on Tuesday. “It is a race against time as the lean and rainy season is upon us,” WFP executive director Ertharin Cousin said at the World Humanitarian Summit […]
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