Nigerian banks have opposed a proposal by Etisalat Nigeria to convert part of a $1.2 billion loan from dollars into naira and want Abu Dhabi telecoms group Etisalat and its other shareholders to recapitalise it instead, a source said.
A court in Nigeria has directed that the country's Agency for Food, Drug Administration and Control should ensure that the Nigeria Bottling Company Plc warns consumers in the country against taking soft drinks with Vitamin C.
Hard currency curbs imposed by Nigeria's central bank have helped boost local food production, central bank governor Godwin Emefiele was quoted as saying by two newspapers on Sunday.
Two girls believed to be teenagers were killed on Saturday night in Nigeria’s northeastern town of Maiduguri when they attempted to blow themselves up.