September 2016
1st September 2016
27 September 2016
AP
Shell: Fire forces closure of key oil pipeline in Nigeria
A fire has forced the closure of a key oil pipeline in Nigeria, Shell said Tuesday, amid ongoing challenges including militant attacks that are losing oil multinationals billions of dollars in what used to be Africa’s biggest petroleum producer…
BBC
The six lives of Boko Haram’s Abubakar Shekau
Abubakar Shekau, leader of Islamist group Boko Haram has released a video to reject reports that he was fatally wounded by Nigeria’s military last month. He has been reported dead several times before…
16 September 2016
AP
Nigeria to sell $1 billion in Eurobonds as recession bites
Nigeria soon will sell $1 billion in Eurobonds to finance a budget deficit as a recession grips the major African oil producer amid foreign currency shortages and double-digit inflation, officials said Friday…
2 September 2016
AP
2 Nigerian airlines halt service as recession grips country
Two Nigerian airlines are suspending service as a recession grips this oil-producing West African nation. Shouting matches and scuffles have become common at airports over hours-long delays or canceled flights. Some airlines blame shortages of aviation fuel…