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In 2019, a non-governmental organization set up the camp's health post where Aliyu's ninth child, Hauwa, was delivered in 2021. "There are no special arrangements for pregnant women in IDP and refugee camps [in Nigeria]. But for most of the 64 women recorded in the camp's birth register this year, these costs are prohibitive. Nigeria's Federal Ministry of Health oversees health for the country (including provisions provided by the Commission). He tells CNN: "Women's Health services were prioritized and featured strongly in the programs designed to the needs of internally displaced women."
Persons: Aisha Aliyu, Abba, Aliyu, Aisha, Liyatu Ayuba, Ayuba, Fatima Mahmood Jibirilla, Isa Umar, Umar, they've, doesn't, Dr Charles Nzelu, Dolapo Fasawe, Fasawe, Nzelu, Iko Ibanga, Osagie, Ehanire, Ibanga Organizations: CNN, Walden University, Camp, Camp Management, Aliyu, Nigeria's Federal Ministry of Health, Commission for Refugees, Migrants, Commission, antenatal, Capital Territory, Territory's, Environmental Services, FCT Health Services, Federal Ministry of Health, Ministry, Pro Health, Federal Capital Territory, Health, Pro Health International, Union, National Primary Health Care Development Agency, Ministry of Health, National Assembly Locations: Abuja, Nigeria, Nigeria's, Wala, Borno State, Maiduguri, Haram, Durumi, Africa, Nigerian, Borno, Adamawa
A pilot landed a flight in a city some 198 miles from its intended destination. Passengers said the pilot announced he had received the wrong flight path. AdvertisementA pilot on a Nigerian airline landed a plane in a city nearly 200 miles away from its intended destination, local news outlet The Cable reported on Saturday. Apparently, our pilot was given wrong flight plan from Lagos," he wrote. And in 2019, a British Airways flight bound for Düsseldorf, Germany, mistakenly landed in Edinburgh, Scotland after the airline filed the wrong flight plan.
Persons: , we've, they'd Organizations: Passengers, United Nigeria Airlines, Service, . United Nigeria Airlines —, New, United, United Nigeria Airline, Google, Cable, Business Locations: Nigerian, West, Lagos, Abuja, Asaba, New York City, Washington ,, United Nigeria, @flyunitedng
ABUJA, Nigeria (AP) — Authorities in several West African countries are trying to manage their huge diphtheria outbreaks, including in Nigeria where a top health official said Thursday that millions are being vaccinated to cover wide gaps in immunity against the disease. The highly contagious bacterial infection has been reported in 20 of Nigeria's 36 states so far. The fate of the affected countries is worsened by the global shortages of the diphtheria vaccine as demand has increased to respond to outbreaks, the MSF said. But several states continue to struggle, including Kano, which accounts for more than 75% of cases in Nigeria but has only two diphtheria treatment centers, according to Abubakar Labaran Yusuf, the state’s top health official. “Once people have to travel or move significant distances to access treatment, that becomes a challenge,” Adetifa said.
Persons: Ifedayo Adetifa, “ We’re, , Dagemlidet Tesfaye, Adetifa, Abubakar Labaran Yusuf, ” Adetifa Organizations: , , Nigeria Centre for Disease, Associated Press, World Health Organization, MSF, Nigeria CDC Locations: ABUJA, Nigeria, Niger, Guinea, Abidjan, Ivory Coast, Kano, Africa, africa
ABUJA, Nov 21 (Reuters) - Nigeria's lower house of parliament passed the medium-term expenditure framework for 2024-2026 on Tuesday, a set of assumptions that will be used to prepare the country's budget over the next three years. The naira last week briefly slumped to a record low of 1,105 against the dollar on the official market, bringing the official exchange rate within touching distance of the parallel market rate. The fiscal framework must also be passed by the upper chamber of parliament. Tinubu is also due to send the country's 2024 spending plan of 26 trillion naira ($34 billion) to parliament for approval. Below are some of the assumptions in the medium-term expenditure framework:Reporting by Camillus Eboh in Abuja Writing by Chijioke Ohuocha Editing by Alexander Winning and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Bola Tinubu's, firming, Camillus, Chijioke, Alexander Winning, Matthew Lewis Organizations: Thomson Locations: ABUJA, Tinubu, Camillus Eboh, Abuja
Union Bank of Nigeria and Germany's DWS Group signed a memorandum of understanding (MoU) on renewable energy. The agreement seeks to harness $500 million in investment in renewable energy projects across Nigeria, mostly in rural communities, spokesperson Ajuri Ngelale said in a statement. A second MoU on gas export partnership was agreed between Riverside LNG of Nigeria and Germany's Johannes Schuetze Energy Import AG. Under the accord, Nigeria will supply 850,000 tons of natural gas to Germany annually which is expected to rise to 1.2 million. Under Tinubu, Nigeria has embarked on the boldest reforms in decades, scrapping a popular petrol subsidy and lifting restrictions on foreign exchange trading.
Persons: Olaf Scholz, Bola Tinubu, Fabrizio Bensch, Ajuri Ngelale, Germany's Johannes, Ngelale, Tinubu, Elisha Bala, David Evans Organizations: REUTERS, Rights, Union Bank of Nigeria, Germany's DWS, Riverside, Germany's Johannes Schuetze Energy, AG, Africa, Thomson Locations: Africa, Berlin, Germany, Rights ABUJA, Nigeria, Riverside LNG, Tinubu
WASHINGTON (AP) — President Joe Biden promised to visit Africa this year, but 2023 is drawing to a close with no trip in sight yet. “I’m eager to visit your continent,” Biden said at the summit almost a year ago. “We’re hoping that President Biden will also be here to restore that trajectory,” he said. Tanzanian President Samia Suluhu Hassan told Harris that her country was excited for a Biden visit. “Tanzanians are now anxiously waiting for President Joe Biden’s visit in Tanzania,” she said to the U.S. vice president.
Persons: Joe Biden, Biden, “ I’m, ” Biden, , , Jideofor Adibe, John Kirby, Xi Jinping, ramping, Daniel Russel, Inger Andersen, “ Joe Biden, Mohamed Adow, Kamala Harris, Jill Biden, Antony Blinken, Janet Yellen, Lloyd Austin, Harris, Nana Akufo, Donald Trump —, , Barack Obama, George W, Bush, Bill Clinton, “ We’re, Samia Suluhu Hassan, Joe Biden’s, Seth Borenstein, Chinedu Asadu, Asadu Organizations: WASHINGTON, Africa, Center for Strategic, International Studies, Nigeria’s Nasarawa State University, White House, Administration, Associated Press, Pacific, Hollywood, Asia Society Policy Institute, U.S ., Republican, Biden Locations: Africa, Dubai . U.S, Israel, Vietnam, Ukraine, Washington, U.S, California, Glasgow, Scotland, Egypt, China, Dubai, United States, Ghana, Tanzania, , Abuja, Nigeria
Abuja, Nigeria CNN —Diplomatic relations between Saudi Arabia and Nigeria have come under scrutiny after 177 Nigerians were refused entry to the country on Monday. The mass cancellation of visas occurred as Nigera’s President Bola Tinubu was still in Saudi Arabia after holding bilateral talks with the Saudi government. “There was a total lack of sensitivity (by Saudi officials) because the president (of Nigeria) was visiting that country,” Okhai said. Saudi Arabia is a popular pilgrimage destination for thousands of Nigerian Muslims. However, Monday’s deportation of Nigerian nationals is not the first time travelers have been refused entry to Saudi Arabia.
Persons: Bola Tinubu, It’s, , ” Victor Okhai, ” Okhai, Reno Omokiri, ” Omokri, Mohamed bin Zayed Al Nahyan Organizations: Nigeria CNN —, Air, country’s Ministry, Hajj, Saudi, Jeddah …, Africa Summit, Guinea Bissau, African Diaspora Foundation, CNN, United Arab Emirates, UAE, reoccurrence Locations: Abuja, Nigeria, Saudi Arabia, Jeddah, Mecca, Saudi, Guinea, Independence, Kingdom of Saudi Arabia
U.N. observes minute's silence for 101 staff killed in Gaza
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: +2 min
[1/2] The United Nations flag flies at half-mast at the European headquarters, honouring the more than 100 employees killed in Gaza since the Israel-Hamas war began last month in Geneva, Switzerland, November 13, 2023. REUTERS/Denis Balibouse Acquire Licensing RightsGENEVA, Nov 13 (Reuters) - United Nations workers observed a minute's silence on Monday to honour the more than 100 employees killed in Gaza since the Israel-Hamas war began last month as U.N. flags flew at half mast. "This is the highest number of aid workers killed in the history of our organisation in such a short time," said Tatiana Valovaya, Director-General of the United Nations in Geneva. "We are gathered here today, united in this very symbolic location, to pay respect to our brave colleagues who sacrificed their lives while serving under the United Nations flag." "But the United Nations is more relevant than ever."
Persons: Denis Balibouse, Tatiana Valovaya, Israel, Valovaya, Gabrielle Tétrault, Farber, Cécile, Emma Farge, Nick Macfie Organizations: United Nations, Hamas, REUTERS, Rights, U.N, UNRWA, Thomson Locations: Gaza, Israel, Geneva, Switzerland, U.N, Palestinian, Nigeria, Abuja, United
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. "The unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275,000 barrels of oil per day production," NNPC said. NNPC did not disclose the nature of the dispute or the workers' demands, which had not been previously announced. Nigeria's oil production stood at 1.49 million barrels per day in October, according to data from the petroleum regulator, still below the 2023 budget target of 1.69 million bpd. That has led to fears that NNPC may struggle to supply crude to the 650,000 bpd Dangote Refinery, which has missed several targets to start production.
Persons: Sarah Meyssonnier, NNPC, Camillus, Giles Elgood Organizations: La Defense, REUTERS, Rights, NNPC, Petroleum, Natural Gas Senior Staff Association, Nigerian Union of Petroleum, Natural Gas Workers, Dangote, Reuters, Thomson Locations: Courbevoie, Paris, France, Rights ABUJA, TotalEnergies
Smoke rises over Gaza as seen from Southern Israel, amid the ongoing conflict between Israel and Palestinian group Hamas, November 10, 2023. UNRWA is mourning, Palestinians mourning, Israelis mourning," Philippe Lazzarini said on social media platform X. Besides Gaza, the next most deadly conflicts for U.N. aid workers was Nigeria in 2011 when a suicide bomber attacked its Abuja office during an Islamist insurgency, killing 46. In addition, seven other non-U.N. Palestinian aid workers have been killed in Gaza, the database showed. Established in 1949 following the first Arab-Israeli war, UNRWA provides public services including schools, healthcare and aid.
Persons: Evelyn Hockstein, Philippe Lazzarini, Juliette Touma, Israel, Emma Farge, Gabrielle Tétrault, Farber, Riham Alkousaa, Stephanie van den, Miranda Murray, Mark Heinrich Our Organizations: Hamas, REUTERS, GENEVA, United Nations, Reuters, UN, Communications, UNRWA, Aid Worker Security, Thomson Locations: Gaza, Southern Israel, Israel, Palestinian, Nigeria, Abuja, Sudan, Afghanistan, U.S
REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsABUJA, Nov 10 (Reuters) - Nigeria and Saudi Arabia on Friday agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria's oil refineries and provide financial support to sustain the government's foreign-exchange reforms. Under Tinubu, Nigeria has embarked on the boldest reforms in decades, scrapping a popular petrol subsidy and unifying the country's multiple exchange rates as part of measures "aimed at improving the ease of doing business." Information Minister Mohammed Idris said the Saudi government pledged to make "a substantial deposit of foreign exchange to boost Nigeria's forex liquidity". "Nigeria and Saudi Arabia have always enjoyed a special relationship at both the bilateral and multilateral levels. The two leaders agreed to work together over the next six months to "develop a comprehensive road map and blueprint" to deliver on the investments, Idris said.
Persons: Bola Tinubu, Temilade, Saudi Crown Prince Mohammed bin Salman, Mohammed Idris, Idris, Tinubu, Ajuri Ngelale, Boko, Felix Onuah, Elisha Bala, Emelia Sithole, Matthew Lewis, David Evans Organizations: REUTERS, Rights, Saudi Crown, Saudi Aramco, Thomson Locations: Abuja, Nigeria, Rights ABUJA, Saudi Arabia, Saudi, Africa, Riyadh, Tinubu, Africa's
Kigali, Rwanda CNN —For over a decade, AfriLabs has been at the forefront of cultivating a vibrant tech ecosystem across the African continent. The annual AfriLabs Gathering, held in Kigali, Rwanda, is a testament to its commitment to uniting the African tech community. AfriLabs has been at the forefront of cultivating a vibrant tech ecosystem across the African continent. With a trailblazing woman at its helm, Afrilabs addresses the gender gap in the tech industry, recognizing that the African tech landscape remains predominantly male-dominated. Its participation in the Nigeria Startup Act and the ongoing Nigeria Startup Act State Adoption program showcases commitment to driving conversations and effecting change, says Guobadia.
Persons: AfriLabs, Anna Ekeledo, Ekeledo, , “ We’ve, Afrilabs, ” Ekeledo, Oswald Osaretin Guobadia, Organizations: Rwanda CNN, Consultancy, McKinsey, Company, Algeria Venture, Builder.ai, AfriLabs, Visa Foundation, Business Angel Network, CNN, Nigeria Startup Locations: Kigali, Rwanda, Africa, North Africa, Afrilabs, DigitA, Abuja, Nigeria,
"We can confirm there was an explosion at our High Commission in Nigeria. Nigerian President Bola Tinubu's spokesperson said that there were deaths and injuries in a fire on Monday at the High Commission of Canada but did not give any figures. Canada's High Commission in Nigeria, without commenting on the explosion, said on social media that it had "temporarily suspended operations until further notice." The embassy issued a travel advisory, warning against non-essential travel to Nigeria, including capital Abuja, "due to the unpredictable security situation throughout the country and the significant risk of terrorism, crime, inter-communal clashes, armed attacks and kidnappings." Western countries routinely issue warning about travelling to Nigeria, which the Abuja government often dismisses as lacking merit.
Persons: Melanie Joly, " Joly, Bola Tinubu's, Tinubu, MacDonald Dzirutwe, Ismail Shakil, Cynthia Osterman, Sandra Maler Organizations: Ottawa, Washington, Commission, High Commission of, Thomson Locations: LAGOS, Canada, Nigeria, London, West African, High Commission of Canada, Canada's, Abuja, United States, Britain, Nigeria's, Lagos, Ottawa
The naira has hit successive record lows on the black market, where it trades freely, as excess demand on the official market gets funnelled to the unofficial market. The naira crossed the 1,000 naira mark on the black market on Sept. 26, the day newly-appointed central bank governor Olayemi Cardoso appeared before the Nigerian senate for his confirmation hearing. The central bank has not intervened on the official market since October, helping accelerate the naira's slide on the black market. The currency hit a record low of 1,300 naira per dollar on the black market, a month after it crossed the 1,000 naira mark, amid thin trading volumes on the parallel market and dollar shortages on the official market. On the official market, the naira was trading at 884.53 to the dollar at 1200 GMT.
Persons: Afolabi, firmed, Olayemi Cardoso, Cardoso, Wale Edun, Chijioke, Mark Potter Organizations: REUTERS, Rights, Finance, Thomson Locations: Rights ABUJA, Nigeria
The Supreme Court judgment followed a pattern seen in previous presidential elections that have been challenged in court. Speaking for the first time since the ruling, Obi, a former two-term governor who campaigned as an outsider, told reporters the judgment was a disappointment and contradicted overwhelming evidence of election rigging, false claims of technical glitches, and other irregularities. Obi's supporters, known as the "Obidients", have been vocal in their criticism of the Supreme Court ruling. They have accused the court of being biased and of protecting the interests of the ruling party. Obi's rejection of the Supreme Court ruling is likely to resonate with his supporters, mostly young Nigerians who were attracted by his message of hope and change and see him as a break from the old guard.
Persons: Camillus, Peter Obi, Bola Tinubu's, Atiku Abubakar, Obi, Tinubu, Obi's, Camillus Eboh, Elisha Bala, Emelia Sithole Organizations: Reuters, Labour Party Locations: Camillus Eboh ABUJA, Nigeria
Lawmakers rejected the plans for a presidential yacht before approving the N2.1 trillion ($2.7 billion) supplementary budget on Thursday, following a public outcry. Local media reported Thursday that the Nigerian House of Representatives reallocated the amount for the presidential yacht to the student loan scheme before passing the spending bill. Onanuga, who is Tinubu’s Special Adviser on Information and Strategy, did not comment on the government’s plan to acquire luxury vehicles for the presidency. Last month, Nigeria’s Senate unveiled plans to acquire luxury vehicles for its 469 members despite the country’s struggling economy. Anti-corruption activist Ogunsanya told CNN that Nigerians were yet to reap the benefit of monies saved from the removal of the fuel subsidy.
Persons: Nigeria CNN —, , Reno Omokri, Yomi Ogunsanya, Ken Eluma Asogwa, Bayo Onanuga, ” Onanuga, It’s, Tinubu, Karimi, Ogunsanya Organizations: Nigeria CNN, Lawmakers, Twitter, CNN, World Bank, Nigerian, Nigeria’s Senate Locations: Abuja, Nigeria, India, , Nigerian
How the Nigerian military fatally shot a young captive
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +19 min
The Nigerian government and military – including the presidency, Ministry of Defence, defence headquarters and army leaders – did not respond to detailed questions for this story. Various entities have accused Nigerian security forces of other abuses in connection with killings of civilians and captives. Two security force members told Reuters they saw multiple prisoners brought out of the barracks and shot after the fighting ceased. Tweets from Nigerian defence headquarters in Abuja show the military declared the hostilities over shortly after 11 a.m. Nine shots fired A uniformed security force member shot nine rounds at the young captive, pulling the trigger at least seven times, according to forensic audio experts who listened to the recording at Reuters’ request.
Persons: Melanie O’Brien, , Ocampo, Christopher Musa, Musa, ” Musa, , extrajudicially, Michael Oluoha Agi, ’ ”, , Boko, ‘ Allahu akbar ’, Yahaya, Haram, Biu, Bellingcat, Belllingcat, Chris Olukolade, Emmanuel Emeka, Emeka, Reade Levinson, David Lewis, Tim Cocks, Carlos Gonzales, Paul Carsten, Daphne Psaledakis, Stephanie van den Berg, Youri van, Adolfo Arranz, Sam Hart, Feilding, Julie Marquis, Alexandra Zavis Organizations: Reuters, International Association of, Nigerian, Ministry of Defence, ICC, Islamic, Human Rights Commission, United Nations, Twitter, Nigerian Army, Nigerian Air Force, Human Rights Watch, Amnesty International, U.S . State Department, U.S, Boko, Civilian, Task Force, Defence, Facebook, 231, Battalion, 331 Artillery Regiment Locations: Geneva, Nigeria, Haram, Islamic State West Africa Province, Nigerian, United States, Britain, U.S, Biu, Boko Haram, Abuja, Largema
REUTERS/Johanna Geron Acquire Licensing RightsABUJA, Oct 29 (Reuters) - German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to sub-Saharan Africa. "There is a willingness to invest, especially in critical minerals," Scholz told reporters at a joint briefing with Nigerian President Bola Tinubu in the capital Abuja. "If we are successful, if there is a better chance of exporting the produced gas ... it is then the question for German companies to do their private business," said Scholz. Tinubu said he had "a very deep discussion" on the issue of gas and encouraged German businesses to invest in pipelines in Nigeria. Without giving details, Scholz said there was also a willingness from German companies to build railways in Nigeria.
Persons: Olaf Scholz, Johanna Geron, Scholz, Bola Tinubu, Tinubu, Felix Onuah, Andreas Rinke, MacDonald Dzirutwe Organizations: European Union, REUTERS, Rights, West African, ECOWAS, Thomson Locations: Brussels, Belgium, Rights ABUJA, Nigeria, Saharan Africa, Berlin, Abuja, Niger, Gabon
Investors cheered when Tinubu lifted the currency controls, hoping a unified exchange rate would make it easier to access foreign currency, but that is yet to happen. Banks then repaid foreign credit lines with their own funds when the central bank did not pay out. New central bank governor Yemi Cardoso said clearing the backlog was a priority but he gave no timeline for how long it would take. The country's forex reserves fell to $33.5 billion in September from $37 billion in January, central bank data shows. Banks use their open net positions on foreign currency to finance short-term trade lines without resorting to the central bank for bidding.
Persons: Bola Tinubu, Tinubu, corporates, Banks, Yemi Cardoso, Chijioke Ohuocha, MacDonald Dzirutwe, Hugh Lawson Organizations: JPMorgan, FX, National Economic Council, BANK, Thomson Locations: ABUJA, Nigeria
Nigerian naira hits record black market low -abokiFx
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +1 min
ABUJA, Oct 26 (Reuters) - Nigeria's naira hit a record low of 1,300 per dollar on the black market on Thursday, online platform abokiFX showed, driven by thin trading volumes on the parallel market and dollar shortages on the official market. The naira has been in free fall on the unofficial market, where it trades freely, after currency restrictions were lifted on the official market. Last month, the currency slid past 1,000 naira per dollar on the black market and has continued to weaken. On the official market, the naira recovered to 775 to the dollar from a record low of 999 it touched last week. It kept losing ground, however, on the black market due to thin trading.
Persons: naira, Yemi Cardoso, Wale Edun, Chijioke, Tomasz Janowski Organizations: Finance, Thomson Locations: ABUJA, Nigeria
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire Licensing RightsABUJA, Oct 26 (Reuters) - Nigeria's Supreme Court on Thursday upheld President Bola Tinubu's election win, bringing to an end a legal challenge brought by his two main rivals, who argued that his victory was marred by irregularities. The judgment by seven Supreme Court judges, which is final, follows a pattern seen in previous presidential elections that have been challenged in court. "There is no merit in this appeal, and it is hereby dismissed," said Supreme Court judge John Okoro. The court also rejected Atiku's bid to introduce new evidence that alleged Tinubu had submitted a forged university certificate to the electoral agency.
Persons: Bola Tinubu, Temilade, Bola Tinubu's, Atiku Abubakar, Peter Obi of, Tinubu's, Tinubu, John Okoro, Camillus Eboh, MacDonald Dzirutwe, Estelle Shirbon, Sharon Singleton Organizations: REUTERS, Rights, People's Democratic Party, Labour Party, Thomson Locations: Abuja, Nigeria, Rights ABUJA, Africa's
ABUJA, Nigeria (AP) — Africa’s fashion industry is growing rapidly to meet local and international demand but inadequate investment limits its potential, UNESCO said Thursday in a report released during Lagos Fashion Week. The demand for African fashion brands is also spurred by the growth in e-commerce, the UNESCO report noted. It’s really beautiful to see because it hasn’t always been like this,” said Omoyemi Akerele, who founded the Lagos Fashion Week in 2011 to encourage the patronage of Nigerian and African fashion. In Nigeria and other parts of Africa, young fashion designers are hungry for success and are taking over the global scene, said the UNESCO director-general. “So Africa is really the next frontier (for the fashion industry).”___Associated Press journalist Dan Ikpoyi in Lagos, Nigeria contributed.
Persons: Audrey Azoulay, , Omoyemi Akerele, , Ejiro Amos, Tafiri, Dan Ikpoyi Organizations: UNESCO, Lagos Fashion, U.S . International Trade Administration, Associated Press Locations: ABUJA, Nigeria, Lagos, Africa, Nigerian
ABUJA, Oct 23 (Reuters) - Nigeria expects $10 billion in foreign currency inflows in the next few weeks to ease liquidity in a foreign exchange market that has cramped growth in Africa's biggest economy, finance minister Wale Edun said on Monday. The West African country has faced chronic dollar shortages after foreign investors exited local assets during a period of low oil prices. Since then, investors are yet to return and the central bank has not yet settled outstanding demand for dollars from foreign investors seeking to repatriate funds or airlines seeking to send money from ticket sales abroad. Edun said President Bola Tinubu on Thursday signed two executive orders to allow domestic issuance of instruments in foreign currency and also allow all cash outside the banking system to be brought into the banks. He added that liquidity would also come from state-oil firm crude sales and foreign investment firms willing to invest in Nigeria.
Persons: Wale Edun, Edun, Bola Tinubu, Tinubu, Chijioke, MacDonald Dzirutwe, Bernadette Baum, Mark Potter Organizations: Thomson Locations: ABUJA, Nigeria, Africa's
Nigeria's President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. The sum had since swelled with interest to over $11 billion, representing 10 times the country's 2019 health budget. The judge said a further hearing would take place to decide whether to send the case back to arbitration or ditch the $11 billion award without further delay. Both received confidential Nigerian documents during the arbitration that they knew they were not entitled to see, the judge found. Additional reporting by Felix Onuah in Abuja, Editing by Estelle Shirbon and David EvansOur Standards: The Thomson Reuters Trust Principles.
Persons: Bola Tinubu, Temilade, Tinubu, Robin Knowles, Knowles, Nigeria's, Trevor Burke, Seamus Andrew, Burke, Andrew, Felix Onuah, Estelle Shirbon, David Evans Organizations: REUTERS, Monday, London's, Africa's, ID's, Thomson, & $ Locations: Abuja, Nigeria, British Virgin Islands, Nigerian, Africa
By Camillus EbohABUJA (Reuters) - Nigeria's two main opposition leaders on Monday asked the Supreme Court to quash last month's tribunal ruling upholding President Bola Tinubu's February election victory, in a last bid to reverse results of a vote widely accepted by the international community. No legal challenge to the outcome of a presidential election has succeeded in Nigeria, which returned to democracy in 1999 after three decades of almost uninterrupted military rule and has a history of electoral irregularities. On Sept. 6 the presidential tribunal rejected petitions by Atiku and Obi to cancel the election result over alleged irregularities. The provision has been interpreted differently by the opposition and Tinubu's lawyers. The Supreme Court, which has the final say in presidential election petitions, has 60 days to pass judgment from the day of the presidential tribunal ruling.
Persons: Camillus, Bola Tinubu's, Atiku Abubakar, Peter Obi of, Atiku, Obi, Tinubu, Camillus Eboh, MacDonald Dzirutwe, Deborah Kyvrikosaios Organizations: Reuters, Monday, People's Democratic Party, Labour Party, Atiku Locations: Camillus Eboh ABUJA, Nigeria, Abuja
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