Saturday, 4 December 2021

Tag Archives: Nigeria

Nigeria raises $2.86bn in Eurobonds to fund deficit

LAGOS: Nigeria raised $2.86 billion in Eurobonds across three maturities, to help fund its budget deficit, in a sale that was three times oversubscribed, the government said. It priced the bonds with maturities of seven, 12 and 30 years at 7.625 percent, 8.75 percent and 9.25 percent, respectively. Nigerian officials ...

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100 die in severe flooding in Nigeria

LOKOJA: Nigeria has declared a national disaster after severe flooding left about 100 people dead across 10 states, the country’s main relief agency said. Heavy seasonal rains have caused the Niger and Benue rivers to burst their banks, inundating communities, farms and trapping tens of thousands of people in their ...

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30 killed in raids on northwest Nigeria villages

(AFP) KANO : At least 30 people were killed during raids on villages in northwest Nigeria in the latest deadly attacks by cattle rustling and kidnapping gangs in the restive region, residents told AFP. Armed bandits on motorcycles stormed five neighbouring rural villages in the Maradun district of Zamfara state ...

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Online betting firms gamble on soccer-mad Nigeria

LAGOS: Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such as Kenya, where Safaricom’s M-Pesa money ...

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Rojo and Messi rescue Argentina from humiliating early exit

SAINT PETERSBURG: Diego Maradona crossed his arms over his chest and pointed to the sky. Lionel Messi had needed just three touches to score but Argentina still took 86 minutes to defeat Nigeria. Marcos was the unlikely match-winner, an emphatic finish of which even his captain would have been proud, to ...

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Twin suicide bomb attack in Nigeria kills at least 31

(Photo: Representational/AP) KANO: Suspected Boko Haram jihadists killed at least 31 people in a twin suicide bomb attack on a town in northeast Nigeria, a local official and militia leader said on June 17. Two blasts ripped through the town of Damboa in Borno state Saturday evening targeting people returning ...

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Apple invests in Malala’s education fund

LONDON: We have yet another reason to be proud of Malala Yousafzai. According to a report, the world’s most famous CEO and perhaps the most famous – and definitely youngest – Nobel Peace Prize winner could be found on Saturday morning taking tea with a family in downtown Beirut. The ...

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At least 8 killed in blast at mosque in northeastern Nigeria

People gather at the site of a suicide bomb attack in Maiduguri, Nigeria MAIDUGURI: At least eight people were killed Monday when a female suicide bomber detonated at a mosque in northeastern Nigeria. A spokesman for a civilian self-defense force in Maiduguri city said the bomber was being chased by ...

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Dozens arrested after immigration raids of nail bars

LONDON: Dozens of people have been arrested in a crackdown on nail bars suspected of committing immigration offences. A total of 97 people were arrested, while businesses were warned they could face fines of up to £20,000 per illegal worker. Some 14 people were also identified as potentially being at risk of ...

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