Buhari Instructs Nigeria’s Central Bank to Give Emirates Additional Cash.
The central bank in Nigeria has been instructed by Nigerian President Muhammadu Buhari to boost the amount of foreign currency…
Day: February 16, 2023
Nigerian Inflation Continues in January, Spurred by Food Prices.
According to its statistics office, Nigeria’s inflation resumed in January and reached 21.82% in annual terms. This increase was mostly…
Members of the US Congress want to Stop the $1 billion Nigerian Weapons Purchase.
Following revelations of an illegal abortion program and the targeted slaughter of infants by the Nigerian military, two members of the U.S. House of Representatives Foreign Affairs Committee urged President Joe Biden to cancel a roughly $1 billion arms deal with Nigeria. The Congress members said, “There are rumors of weaponry captured by terrorists, and the help supplied by Washington so far has done little to settle the 14year struggle between the Nigerian military and Islamist insurgents in the country’s northeast.” Therefore, the legislators stated in the letter, “we believe continuing to move forward with the $1 billion arms transaction would be exceedingly irresponsible and we encourage the Administration to revoke it. After lawmakers on both sides of the aisle halted the agreement…
President Buhari Grants a 60-day Extension to Turn in Outdated Currency.
President Muhammadu Buhari of Nigeria granted the go-ahead for the central bank to add another 60 days to the deadline…