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Nigeria to ditch tougher polymer for paper banknotes (9 stories)

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Nigeria - News November 26, 2013

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Lagos : Nigeria is to revert to paper banknotes, the country's central bank has announced, in a policy switch bucking a growing trend around the world for tougher polymer-based currency.

At least 40 people were killed in fresh attacks by gunmen in Nigeria's middle-belt state of Plateau, where ethno-religious crises have claimed hundreds of residents in the past, local sources said on Tuesday.

A Makurdi High Court on Tuesday sentenced, Jacob Atongo, a 100-level sociology student, Benue State University, to death by hanging for armed robbery.

Rebel governors who defected from Nigeria's ruling party merged their splinter group with the main opposition All Progressives Congress on Tuesday, denting President Goodluck Jonathan's powerbase for possible re-election.

A file photo taken on April 19, 2011 shows a general view of Jos, the capital of Plateau State during a security operation.

A crack has appeared in the ranks of the Academic Union of Universities whose members have been on strike since July as Ebonyi State University and Adekunle Ajasin University , in Ondo State reopened for academic activities yesterday despite the refusal of the union to call off its four-month-old strike.

Ambassador of Switzerland to Nigeria, Dr. Hans-Rudolf Hodel, yesterday said all the $700 million in Swiss bank accounts belonging to the late head of state General Sani Abacha have been returned to Nigeria.

Royal Dutch Shell has shut its Obigbo natural gas processing plant in Rivers State, southern Nigeria, after buildings were erected over pipelines connected to the facility.

The House of Representatives committee on Foreign Affairs will tomorrow start a probe into the alleged plans to sell the Nigeria House in New York which is the official residence of Nigeria's Permanent Representative to the United Nations and the Counsel General.

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