Nigeria stands the risk of losing $31 million, about N4.96 billion as Mr. Mustafa Chike-Obi, Managing Director and Chief Executive Officer, Asset Management Corporation of Nigeria, AMCON, yesterday, admitted that it was a mistake on the part of the corporation to have acquired a private jet as part of its debt recovery efforts.
A popular musician in Kano, Ahmed Audi Zarewa, has been reportedly arrested by the State Security Service, SSS, for recording a song to protest against President Goodluck Jonathan.
Scores of girls and young women kidnapped from a school in Nigeria are being forced to marry their Islamic extremist abductors, a civic organization reported Wednesday.
Nigeria is hosting the World Economic Forum next week, and while the country's chairmanship was intended as a moment to celebrate its growing economic power, a major bomb blast in the capital and the kidnapping of more than 200 girls has shifted attention to the worsening security situation in the African nation.
Small-holder farmers in Lagos, Nigeria, whose rice farms were damaged after heavy drought in September 2013 have been compensated by the Nigerian Agricultural Insurance Corp., reports Nigerian newspaper Business Day.
An unidentified mother cries out during a demonstration with others who have daughters among the kidnapped school girls of government secondary school Chibok, Tuesday April 29, 2014, in Abuja, Nigeria.
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