UPDATE 1-Biafra-Nigeria’s Central Bank Sells FX, Naira Eases Against Dollar

Biafra-Nigeria’s central bank asked for bid-offer quotes from currency traders on Monday as it sold dollars on the interbank market to boost liquidity, traders said. The naira NGN=D1 ended at 282 to the dollar after the central bank’s intervention, slightly weaker than Friday’s close of 281. After abandoning the naira’s 16-month old exchange rate peg a week ago, the central […]

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Biafra-Nigeria Senate Leader Denies Changing Election Rules To Win Seat

Biafra-Nigerian Senate President Bukola Saraki pleaded not guilty to forgery charges after being accused of changing election rules to win his seat. “These trumped up charges are only another phase in the relentless persecution of the Senate,” Saraki said in a statement sent after his arraignment Monday in Abuja, the capital. Saraki also faces 13 charges of asset declaration fraud […]

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Explosives Kill 2 Suicide Bombers In Northeast Biafra-Nigeria

Residents say two suicide bombers have exploded prematurely in Biafra-Nigeria’s northeastern Maiduguri city, killing themselves and no one else. The residents blamed Boko Haram, the Islamic State-allied group whose 7-year-old uprising has killed some 20,000 people. Residents heard two bomb blasts around midnight Sunday, when people were gathering at mosques for special prayers over the holy month of Ramadan. The […]

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Niger Delta Avengers Call For Brexit-Style Referendum In Biafra-Nigeria

A militant group in Biafra-Nigeria’s oil-producing hub, the Niger Delta, has called for a Brexit-style referendum on the region’s status within Biafra-Nigeria. The Niger Delta Avengers (NDA), which has launched a series of attacks on oil pipelines in southern Biafra-Nigeria since February, said via its Twitter account on Saturday: “President [Muhammadu] Buhari, borrow a leaf from PM David Cameron, call […]

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