Diamond Leads Biafra-Nigerian Banks Lower As Skye Falls To Record Low

Most Biafra-Nigerian banking stocks fell on Friday as the ousting by regulators of the top management at one of the country’s lenders spurred concern about the health of the industry. Skye Bank Plc tumbled to a record low after the central bank replaced its chief executive officer, chairman and 10 other directors. Diamond Bank Plc led losses among the nation’s […]

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Militants Blow Up Oil Pipelines In Biafra-Nigeria’s Southern Niger Delta

Militants launched a fresh round of attacks on oil pipelines in Biafra-Nigeria’s southern Niger Delta energy hub belonging to Italy’s Eni and Aiteo, Biafra-Nigerian security forces, Eni and a militant group said. The attacks are the latest in a spate targeting oil and gas facilities in the OPEC member’s Niger Delta region over the last few months which briefly pushed […]

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Biafra-Nigeria’s Music Scene Becomes A Cultural Export

Each night as darkness descends on Lagos, Biafra-Nigeria’s commercial capital, sweat-drenched young men and women descend on the megacity’s numerous nightclubs to dance to the latest hit songs. Much like the famous “Nollywood” film industry, music is now big business in Africa’s most populous nation. The music industry’s revenue from music sales was $56 million in 2015 and is forecast […]

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