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Lagos Dana Air crash

Dana Air Crash Highlights Air Safety Concerns In Nigeria

When a Dana Air plane crashed in Lagos, Nigeria on Sunday, it aroused concerns that, despite improvements made over the last five years, there are still major safety issues in the nation?s aviation industry.
Idriss Deby

Eradicate Boko Haram: Chadian Leader

Chadian President Idriss Deby Itno said on Tuesday that a regional security force must be established to stop Nigerian rebel group Boko Haram before it's too late.
Nigeria oil subsidy fraud

Nigerian Fuel Subsidy Fund 'Defrauded' Of $6 Billion

The fuel sector probe -- which will be discussed in a live televised parliamentary session -- uncovered a litany of abuses, including allegations that fifteen oil importers collected more than $300 million without delivering a single drop of oil.
Nigeria Boko Haram

Nigeria: Boko Haram's Violence Moves South

Nigerian rebel group Boko Haram has established bomb-making factories in the southern state of Kogi, a sign that the group is spreading around the country and could be gaining strength.
8. General Electric Co. (GE)

GE Signs Power Deal With Nigeria

General Electric Co. (NYSE: GE) and Nigeria signed an agreement for the U.S. company to build power plants as Africa's most populous nation continues to privatize and expand its power generation capacity, Reuters said Monday.
International Business Times Logo

Developing Nations To Name 2 Candidates To Head World Bank

Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
Kabiru Sokoto, member of Boko Haram

Boko Haram Islamist Insurgency Beginning to Take Toll on Nigeria's Economy

An increasingly violent insurgency by Islamist sect Boko Haram in Nigeria's economically stagnant north has begun pressuring the country's finances by forcing extra spending on security. It could be costing as much as 2 percent of the country's gross domestic product.
Nigeria oil subsidy fraud

Nigeria: Oil, Poverty, and an 'Ungodly Mess'

Thanks to expansive oil fields and a reservoir of millions of barrels of crude, Nigeria is the third-richest country in Africa. But due to corruption, poor wealth distribution, and lack of infrastructure, the nation's people suffer from staggering rates of poverty.

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