Biafra-Nigeria: Running On Empty

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-Nigeria’s Buhari Reassures Investors On Naira, Restive Delta

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-Nigeria Sets Up Team To Help Amcon Recover Loans, Pursue Charges

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-Nigeria: Security Forces Kill Oil Militants, Separatists

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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