Foreigners kidnapped in Africa Here are details of foreigners held by kidnappers around Africa. Fri, 27 Jan 2012 17:38:55 -0600
Shell fixes Nigerian oil line, restores output Royal Dutch Shell's Nigerian venture has finished repairs to a damaged Nigerian oil pipeline and restored output, the company said on Friday, boosting supplies from Africa's top exporter. Fri, 27 Jan 2012 17:32:32 -0600
Nigerian interbank rates up on budget cash delay Nigeria's interbank lending rates were up on Friday to an average of 15.50 percent, compared with 14.25 percent last week, as a delay in releasing the December budgetary allocation to government agencies starved the system of funds, traders said. Fri, 27 Jan 2012 17:22:39 -0600
US citizen freed a week after kidnapping in Nigeria A U.S. citizen working for Marubeni Corp who was kidnapped in Nigeria's oil rich Niger Delta on Jan. 20 has been released, police and the U.S. embassy said on Friday. Fri, 27 Jan 2012 16:16:17 -0600
WAfrica Crude-Nigerian moves slowly, Angolan mostly gone Nigerian crude oil cargoes for March loading were continuing to find homes at a slower pace than the Angolan barrels, most of which have already found homes, traders said on Friday. Fri, 27 Jan 2012 16:10:01 -0600
Boko Haram leader tape threatens Nigeria forces In an audio tape posted on the Internet, the purported leader of the violent Nigerian Islamist sect Boko Haram threatened to kill more security personnel and kidnap their families, and accused U.S. President Barack Obama of waging war on Islam. Fri, 27 Jan 2012 16:04:14 -0600
IFC Partners with Advans S.A. to Set Up Microfinance Bank in Oyo State, Nigeria IFC, a member of the World Bank Group, is investing $1.1 million (174.5 million Nigerian naira)alongside Advans S.A., German development bank KfW, and Dutch development bank FMO to establish La Fayette Microfinance Bank in Oyo State, Nigeria. Fri, 27 Jan 2012 15:48:23 -0600
Germany confirms citizen kidnapped in Nigeria The German Foreign Ministry confirmed on Friday that a German citizen had been kidnapped in northern Nigeria. Fri, 27 Jan 2012 11:44:03 -0600
Nigeria sells 138 bln naira in 91, 182-day T.bills Nigeria sold 138.43 billion naira ($861.96 million) in 91-day and 182-day debt this week, the second such auction this year, with yields falling compared to the previous sale, the central bank said on Friday. Fri, 27 Jan 2012 08:25:14 -0600
Nigeria militants a growing threat across Africa: UN Boko Haram militants from Nigeria are bolstering links with Al-Qaeda and other hardline groups in West Africa, according to a UN report released which highlighted the growing concerns of the region's governments. Fri, 27 Jan 2012 07:13:48 -0600