Nigeria named more than two dozen individuals suspected of looting billions of dollars of public funds in an anti-graft campaign that’s pitted political parties against each other. President Muhammadu Buhari has pledged to fight corruption and boost resources available for building roads, bridges, ports, railways and power plants in order to spur growth in an […]
A Nigerian national was arrested by Anjuna police in India for illegal possession of narcotics drugs worth Rs 60,000 on Sunday night at a parking site at Anjuna. Acting on a specific tip-off, a team of Anjuna Police, led by PI Chetan Patil along with PSI Harish Vaigankar and his staff, laid the trap at […]
Futures slid as much as 1.9 percent on Monday in New York. U.S. stocks declined as China imposed retaliatory tariffs on U.S. goods, the latest move in an escalating trade dispute between the world’s largest economies. At the same time, supply concerns that prompted hedge funds to increase bullish bets on the benchmark U.S. crude […]
Nigeria’s foreign exchange reserves stood at $46.2 billion as of March 28, up 8.8 percent from a month earlier, central bank data showed on Saturday. Successful debt sales, including a eurobond offering last month, have helped the government accrue billions of dollars in foreign reserves, although they remain far from the peak of $64 billion […]