Why piles of cash keep turning up in Nigeria Banks in Nigeria are definitely no longer the best hiding place for unexplained funds. Nigerians have been shocked and bemused after huge piles of cash have been unearthed in various parts of the country in recent months. Journalist and writer Adaobi Tricia Nwaubani looks at what … Read more
Nigerians have been shocked and bemused after huge piles of cash have been unearthed in various parts of the country in recent months. Journalist and writer Adaobi Tricia Nwaubani looks at what is going on. In February, $9.2m and £750,000 were discovered by Nigeria’s anti-corruption agency, the EFCC, in a property belonging to Andrew Yakubu, … Read more
Oil prices slipped on Friday as the market refocused on a persistent supply overhang that is not expected to abate unless OPEC and other producers cut their output significantly. International Brent crude futures LCOc1 traded at $45.13 per barrel at 0845 ET, down 70 cents from their last close. U. S. West Texas Intermediate (WTI) … Read more
Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output. International Brent crude oil futures LCOc1 were trading at $45.74 per barrel at 0445 GMT, down 10 cents, or … Read more
President Muhammadu Buhari has cancelled his visit to Ogoni land in Rivers state. The president was scheduled to travel to the state to inaugurate the process of cleaning up the area. Although no reason was given for the cancellation of the visit, it followed threats by militants- Niger Delta Avengers (NDA) on the life of … Read more