* Senate president most senior figure to leave APC * Presidential election to be held in Feb. 2019 * Opposition party says Saraki has rejoined them * Ruling party split in early July (Adds details, quotes) By Alexis Akwagyiram LAGOS, July 31 (Reuters) – Nigeria’s Senate president on Tuesday became the latest senior politician to […]
Read More
LAGOS, July 31 (Reuters) – The president of the Nigerian Senate Bukola Saraki is rejoining the opposition People’s Democratic Party, it said on Tuesday. The opposition party said on its official Twitter feed that Saraki “has also dumped the failed and dysfunctional @OfficialAPCNg and has returned to the PDP”. The tweet came minutes after Saraki, […]
Read More LAGOS, July 31 (Reuters) – Nigeria’s Senate president Bukola Saraki said on Tuesday that he was leaving President Muhammadu Buhari’s ruling party. “I wish to inform Nigerians that, after extensive consultations, I have decided to take my leave of the All Progressives Congress (APC),” said Saraki, the third most senior politician in Nigeria, on his […]
Read More (Adds details) By Alexis Akwagyiram LAGOS, July 31 (Reuters) – Nigeria’s Senate president said on Tuesday he was leaving the country’s ruling party, a further blow to President Muhammadu Buhari months ahead of an election he plans to contest and just a week after a raft of defections. Saraki, the third most senior politician in […]
Read More ABUJA, July 31 (Reuters) – Nigeria’s central bank has injected $210 million into the interbank foreign exchange market after auctioning the Chinese yuan last week to boost liquidity. The bank said in a statement on Tuesday it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 […]
Read More LONDON, July 31 (Reuters) – Angolan cargoes are selling quickly as the flurry of trade over the last couple of weeks continues, while Nigerian crude is struggling to find buyers despite offers surfacing for a fairly wide variety of grades this week, traders said on Tuesday. ANGOLA * Demand for Angolan cargoes has been extremely […]
Read More LONDON, July 30 (Reuters) – Traders said there were plenty of offers on Monday but buyers stayed on the sidelines after an initial flurry following the programme issuance. * About 15 cargoes of west African crude were left in the market from the August programme. * On a fob basis, September barrels of Nigerian Qua […]
Read More * Group compliance with output targets slips to 111 pct * Kuwait, UAE, Saudi Arabia pump more * Output falls in Iran, Angola, Libya * New member Congo adds 320,000 bpd to OPEC total * For production by country, click on By Alex Lawler LONDON, July 30 (Reuters) – OPEC oil output has risen this […]
Read More (Adds detail, comment from trader, background) By Chijioke Ohuocha ABUJA, July 30 (Reuters) – Nigeria’s central bank sold yuan at a range of 49-51 naira at its first auction of the Chinese currency, traders said, two months after it agreed a $2.5 billion swap with Beijing. The auction, which traders said saw yuan sold for […]
Read More ABUJA, July 30 (Reuters) – The Central Bank of Nigeria sold yuan at a range of 49-51 naira at its first auction of the Chinese currency last week, traders said on Monday. The auction, which is part of an attempt to encourage the use of an alternative trading currency, particularly given the high level of […]
Read More ABUJA, July 29 (Reuters) – Nigeria will deploy its air force and 1,000 security personnel to fight banditry in the northwest of the country, President Muhammadu Buhari said on Sunday. The move underscores how security has broken down across much of Nigeria, where an ineffective police force has exacerbated already-weak enforcement, particularly outside urban areas. […]
Read More OTTAWA, July 27 (Reuters) – Canadian immigration officials are using DNA testing and ancestry websites to try to establish the nationality of migrants, the Canada Border Services Agency said on Friday. CBSA spokesman Jayden Robertson said the agency uses DNA testing to determine identity of “longer-term detainees” when other techniques have been exhausted. “DNA testing […]
Read More
