Nigeria: I am not the 6th richest African – President Goodluck Jonathan

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Abuja, Nigeria (PANA) – Nigeria’s President Goodluck Jonathan has said there is no basis to rank him as the sixth richest African President and demanded an immediate retraction of the story that contained the ranking. The website ‘RichestLifestyle.com’ had published … Read More

Nigeria: Nigerian Diaspora remits US$21.5b home

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Lagos, Nigeria (PANA) – Nigerians in the Diaspora have remitted about US$21.5 billion to their homeland in the past two years, a contribution that was only surpassed by revenue from oil, according to chairman of the Nigerian Diaspora Organization (NIDO), … Read More

Nigeria: School girl freed by Boko Haram ‘pregnant’

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Lagos, Nigeria (PANA) – A school girl believed to have been set free by the insurgent group Boko Haram, which abducted over 200 girls in April, is ”pregnant and mentally ill”, the local media reported Friday, quoting Pogus Bitrus, the … Read More

Nigeria: Government protests ill-treatment of citizens over Ebola

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Abuja, Nigeria (PANA) – The Nigerian Federal Government protested last week against “the ungodly treatment” of Nigerians in many countries of the world over the recent outbreak of Ebola Virus Disease (EVD) in the country. In a statement released in Abuja, … Read More

The father of 2Face Idibia dies

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Michael Agbo Idibia, the father of Nigerian singer 2Face Idibia died yesterday after loosing his battle against prostate cancer. Michael Agbo Idibia was 68 years old.   Related Images:

Nigeria: Business group frowns at US dictatorial price policy under AGOA

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Lagos, Nigeria (PANA) – Fourteen years after the introduction of the African Growth and Opportunity Act (AGOA) by the US government to facilitate trade with the continent, a Nigerian business group has frowned at a situation whereby America is dictating … Read More

Nigeria: Disease reduces Nigerian cocoa prices

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Lagos, Nigeria (PANA) – Nigerian cocoa farmers are being offered lower prices as mould induced by heavy rainfall has reduced the quality of the chocolate ingredients, according to Socodevi, a Canada-based organisation working on improving crops in Nigeria. The private … Read More

Nigeria: NGO wants Education minister to probe teachers’ stolen salaries, and benefits

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Lagos, Nigeria (PANA) – Nigerian NGO, the Socio-Economic Rights and Accountability Project (SERAP), has asked the Minister of Education, Mallam Ibrahim Shekarau, to “urgently probe the alleged stealing of teachers’ salaries and benefits in several Federal Government colleges across the … Read More

Nigeria: ‘Only Nigeria has met convergence criteria for ECOWAS Single Currency’

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Lagos, Nigeria (PANA) – Nigeria is the only country to have met the four primary convergence criteria required for attaining the proposed single currency for the 15-member Economic Community of West African States (ECOWAS). The private Vanguard newspaper quoted Deputy … Read More

Nigeria: Jonathan requests Senate approval for US$1 billion loan to fight Boko Haram

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Abuja, Nigeria (PANA) – Nigerian President, Goodluck Jonathan, formally asked Wednesday for US$1 billion to equip the Nigerian military towards combatting Boko Haram activities in Nigeria. In a letter dated July 15, 2014, titled ‘Tackling On-going Security Challenges: Need for Urgent Action’ and addressed … Read More

Nigeria: Senate faults former CBN Governor Sanusi and says US$49.8b oil money not missing

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Abuja, Nigeria (PANA) – The Nigerian Senate formally faulted Thursday the allegation by former governor of the Central Bank of Nigeria (CBN) and the new Emir of Kano, Malam Sanusi Lamido Sanusi, that a total of US$49.8 billion oil money was … Read More

Nigeria: Thirteen Nigerian banks among world’s top 1000

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Lagos, Nigeria (PANA) – Thirteen Nigerian banks are among the world’s top 1000 banks, confirming the country as the leading financial centre in Africa, The Banker Magazine of the Financial Times Group said in its 2014 edition. For the second … Read More

2014 FIFA WC: Keshi blames anxiety for Eagles’ flop

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Curitiba, Brazil (PANA) – With his team playing a disappointing goalless draw against Iran at the 2014 FIFA World Cup in Curitiba on Monday, Nigeria’s head coach Stephen Keshi said anxiety was responsible for the result. Speaking at the post-match … Read More

Nigeria: Rice import ban to save Nigeria US$2.5b

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Lagos, Nigeria (PANA) – Nigeria expects to save US$2.5 billion from next year when the ban on importation of rice comes into effect, according to the Minister of Agriculture Akinwumi Adesina. The private Nation newspaper Thursday quoted Dr. Adesina as … Read More

Nigeria: Police order new security audit of schools to avert Chibok-like tragedies

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Abuja, Nigeria (PANA) – The Nigerian Police Tuesday ordered the immediate appraisal of the safety measures and other defence parapets as well as the related concerns in all secondary schools in Nigeria in order to forestall future incidence of security … Read More

Nigeria: 180 Nigerians for ship building training in South Korea

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Lagos, Nigeria (PANA) – The Nigeria Liquefied Natural Gas Limited (NLNG), through its wholly-owned subsidiary, Bonny Gas Transport Limited (BGT), has concluded arrangements to facilitate the training of 180 young Nigerian technicians by Hyundai Heavy Industries (HHI) in South Korea. … Read More

Nigeria: President Jonathan not going to Chibok

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Abuja, Lagos, Nigeria (PANA) – Contrary to media reports, Nigeria’s President Goodluck Jonathan will not be traveling to Chibok, the town in northern Borno state where over 200 girls were abducted more than four weeks ago by the terror group … Read More

Nigeria: Boko Haram signals willingness to negotiate over abducted girls | Boko Haram signale sa volonté de négocier la libération des filles enlevées

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[column width=”47%” padding=”6%”] Lagos, Nigeria (PANA) – Nigeria’s terror sect Boko Haram signaled Monday its intention to negotiate the release of the over 200 school girls with the authorities, following the release of a new video by sect leader Abubakar Shekau. Shekau, … Read More

Dangote and top Nigerian business leaders pledge US$24m towards meeting MDGs

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Abuja, Nigeria (PANA) – Top Nigerian business leaders, led by Africa’s richest man Aliko Dangote, pledged on Thursday a total of US$24 million to save one million lives under a multi-sectoral coalition aimed at collectively improving health outcomes. Dangote, on behalf of … Read More

WEFA: AfDB says South Africa, other African countries rebasing their economies this year

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Abuja, Nigeria (PANA) – South Africa and other African countries are joining Nigeria in rebasing their economies beginning this year, the chief economist at the African Development Bank (AfDB), Prof. Mthuli Ncube, said on the sidelines of the ongoing Abuja … Read More

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