NIGERIA

Shell

US court to hear Shell Nigeria human rights case

The Supreme Court said on Monday it would decide whether companies can be liable in this country for international human rights law violations, a case involving allegations that Royal Dutch Shell Plc helped Nigeria violently suppress oil exploration protests in the 1990s.

Nigerian unions warns president over fuel subsidy

Nigeria's President Goodluck Jonathan waves during a military parade marking Nigeria's 50th independence anniversary in Abuja
Nigeria's trade unions have warned President Goodluck Jonathan there could be civil unrest if the go-ahead is given to remove the fuel subsidy the government says will cost 1.2 trillion naira this year.
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Nigerian naira hits record low, cbank unveils new move

The Nigerian naira struck a new record low of 164.85 to the dollar in the interbank market on Thursday, pressured for a second day by the central bank's comments earlier this week that it would not support the currency at all costs.
Nigeria

Nigeria: At Least 25 Killed in Weekend Attacks

Nigeria experienced an explosion of violence over the weekend, with a number of militant attacks occurring all over the country. On Sunday, 23 people were killed when around 70 attackers stormed the village of Ligyado in Zamfara State armed with AK47 rifles, daggers, machetes and sticks.
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Nigeria's rescued banks recapitalise

Nigeria's Union Bank on Friday became the last lender rescued in a $4 billion 2009 bailout to get recapitalisation approval, bringing to a close a reform programme set-up two years ago to end the country's banking crisis.

Developing Nations Also Eye Space as China Launches First Space Lab

China has embarked on a plan to launch a new space lab on Thursday beginning with the lift off of its 8.5-ton Tiangong-1 space module. Developing nations across the world are launching space and science research that could put them on the path to charting their own future.
The first Boeing 787 Dreamliner

Boeing 787 Dreamliner: Understanding the Hype

Boeing finally delivered the first 787 Dreamliner to All Nippon Airways Sunday after years of delays; the plane will offer greater passenger comfort and huge fuel savings for airlines.
Jacob Zuma

African Union finally recognises Libya's NTC

The African Union (AU) recognised the National Transitional Council (NTC) as Libya's de facto government on Tuesday, removing another piece of diplomatic support for ousted leader Muammar Gaddafi.
Zambian opposition leader Michael Sata leaves an election results centre in Lusaka

Zambia deploys police on eve of close election

Zambia's police chief deployed thousands of officers across the southern African country on Monday, the eve of a closely contested election between incumbent Rupiah Banda and nationalist opposition leader Michael Sata.
U.S. Gas Prices

Gas Prices: Finally, Some Relief at the Pump for U.S. Motorists

Finally, there's some good news for U.S. motorists. Gas prices, down about 10 cents per gallon in the past month to an average of $3.60 per gallon for regular unleaded, are likely to continue to decline, assuming no oil disruptions from major oil producers or a large storm in the Gulf of Mexico.
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Blackberry Messenger disrupted in the Americas

Research In Motion's BlackBerry Messenger service was disrupted by an apparent service outage on Friday, adding a further headache as the company reels from a dismal earnings report.

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