Nigeria: Police announce 50m Naira reward for info on abducted girls

posted in: Africa

Lagos, Nigeria (PANA) – The Nigerian police announced Wednesday it would give a cash reward of 50 million Naira (US$310,457) to anyone who volunteers credible information that will lead to locating and rescuing the over 200 girls who were abducted from … Read More

Ethiopia/AU: AU Commission Chair condemns girls’ abduction in Nigeria

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Addis Ababa, Ethiopia (PANA) – The Chairperson of the African Union Commission (AUC), Dr. Nkosazana Dlamini Zuma, has totally condemned the abduction of over 200 schools girls in Nigeria by the Boko Haram terrorist group. Addressing the situation of the … Read More

Nigeria: Jonathan, Kenyatta end bilateral talks, vow not to succumb to terrorism

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Abuja, Nigeria (PANA) – Nigerian and Kenyan Presidents led, on Monday, top officials of their respective countries to bilateral talks in Nigeria’s capital, Abuja, calling on African leaders to never succumb to the antics of terrorist organizations operating in the continent. Nigerian … Read More

Nigeria: Leader of protests on abducted girls ”arrested”

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Abuja, Nigeria (PANA) – The leader of the ongoing protest seeking government action to rescue the over 200 abducted school girls was arrested and detained by the police today, according to the Premium Times newspaper. The police reportedly picked up … Read More

Nigeria: Suspended Central Bank Gov. Sanusi barred from traveling abroad

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Lagos, Nigeria (PANA) – Nigeria’s secret police barred, on Saturday night, the suspended Governor of the Central Bank of Nigeria (CBN), Mr. Mallam Sanusi Lamido Sanusi, from traveling abroad, saying it was acting on instructions from above. Mr. Sanusi, who was suspended … Read More

Nigeria, UK review immigration matters

posted in: Africa

[column width=”47%” padding=”6%”] Abuja, Nigeria (PANA) – Nigeria and United Kingdom met Wednesday in Abuja to review its Memorandum of Understanding (MoU) on immigration. Among issues discussed were the transfer of jailed persons, visa services between both countries, cooperation on the … Read More

Nigeria: Court stops probe of oil minister, Mrs Diezani Alison-Madueke, over lease of private jets

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Abuja, Nigeria (PANA) – Nigeria’s embattled Minister of Petroleum Resources, Mrs Diezani Alison-Madueke,  secured, on Monday, a court injunction ordering the Nigerian House of Representatives to discontinue its investigation into how she allegedly paid over 10 billion naira of government funds in … Read More

Nigeria: Govt disburses 11b naira to vehicle production outfits

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Lagos, Nigeria (PANA) – The Nigerian government has disbursed over 11 billion naira (US$66.6 million) to 33 companies in vehicle production business to jump start the newly-introduced automotive policy, the local media reported Wednesday. The report quoted Director General of … Read More

Nigeria: ‘Nigeria is Africa’s lowest gas consuming nation’

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Lagos, Nigeria (PANA) – Nigeria is among the lowest consumers of Liquefied Petroleum Gas (LPG) in Africa, despite having the highest reserve of the commodity. Africa’s most populous nation consumes a paltry 30% or 250,000 tonnes, out of the whopping … Read More

Nigeria: Nigerian farmers to earn 42b Naira from wheat

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Lagos , Nigeria (PANA) – Farmers in Nigeria will soon generate 42 billion naira (US$252.5 million) from wheat production, according to Agriculture Minister Akinwumi Adesina. The minister was quoted as saying, that apart from the income to be generated from … Read More

Nigeria: Fish farmers export commodity to US

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Lagos, Nigeria (PANA) – Fish farmers in Nigeria have now gained access to the US market, as they now export large quantities of branded smoked fish, the local media reported on Wednesday. The private BusinessDay newspaper reported that the export … Read More

Nigeria: Abductors of President’s adopted father ‘demands 500m naira’

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Lagos, Nigeria (PANA) – The abductors of a man who has been described variously as President Goodluck Jonathan’s cousin, uncle and adopted father are insisting on their earlier demand of 500 million naira (US$2.9 million) before he can be released, … Read More

NGO drags Coca-Cola to UN over ‘harmful’ drinks

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Lagos, Nigeria (PANA) – Nigerian NGO Socio-Economic Rights and Accountability Project (SERAP) has dragged the Nigerian subsidiaries of global soft drink maker Coca-Cola Ltd and the Nigerian Bottling Company Ltd to the UN Committee on Economic, Social and Cultural Rights … Read More

Nigeria: I have no regrets, says Sanusi

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Lagos, Nigeria (PANA) – The suspended Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, has said he has no regrets for the actions he took while managing the Bank. The privately-owned Punch newspaper reported Friday that the embattled … Read More

Nigeria: Acting Central Bank Gov. assumes duty

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Dr. Sarah Alade Lagos, Nigeria (PANA) – The new acting Governor of the Central Bank of Nigeria (CBN), Dr. Sarah Alade, Friday assumed duty with an assurance to the International Community that the recent changes in the leadership of the … Read More

Nigeria: Govt. moves to calm nerves over suspension of CBN Governor

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President Goodluck Jonathan Abuja, Nigeria (PANA) – The Nigerian government moved to calm nerves over the suspension of Malam Sanusi Lamido Sanusi as the Governor of the Central Bank of Nigeria (CBN), reassuring stakeholders in the Nigerian economy that the … Read More

Nigeria: Govt. to hire forensic auditors over alleged missing US$20b oil money

posted in: Africa, Nigeria

Lagos, Nigeria (PANA) – Nigeria’s federal government is to hire independent forensic auditors to examine the books of the state-owned oil firm Nigerian National Petroleum Corporation (NNPC) to unravel whether or not it failed to remit oil revenues to the … Read More

Nigeria: Shell fined US$5b for oil spill

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Lagos, Nigeria (PANA) – Nigeria’s National Oil Spill Detection and Response Agency (NOSDRA) has fined the Nigerian subsidiary of Royal Dutch oil firm Shell US$5 billion for the 2011 Bonga oil spill in the country’s oil-producing Niger Delta region, the … Read More

Nigeria: Govt. to increase Diaspora bond to US$300 million

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Abuja, Nigeria (PANA) – Nigerian President, Dr. Goodluck Jonathan, Tuesday asked the country’s Senate to increase the proposed US$100 million Diaspora bond, as contained in the 2012-2014 Medium Term Expenditure Framework and the Fiscal Strategy Paper (MTEF/FSP), to US$300 million. … Read More

South Africa: SA steers clear of homosexuality debate

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Cape Town, South Africa (PANA) – South Africa will not take a position on other African countries’ policies and legislation imposing punishment on gay people, government spokesperson Phumla Williams said Friday. Williams said the South African government acknowledges and respects … Read More

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