NIGERIA | NIGERIA

28-Oct-2014 to 14:09

Nigeria: House Speaker defects to opposition political party

APA-Abuja (Nigeria) — The Speaker of Nigeria’s lower legislative body, the House of Representatives, Mr. Aminu Tambuwal, has defected from the ruling People’s Democratic Party (PDP) to the opposition All Progressives Congress (APC).

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28-Oct-2014 to 13:57

Educational project, NEPAD promote online learning in Nigeria

APA-Abuja (Nigeria) — The Interactive Learning Network (ILN) project, a partnership between the New Partnership for Africa’s Development (NEPAD) and Tertiary Education Trust fund (TETfund) that has resolved plans to promote online and distance learning programmes across the country.

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28-Oct-2014 to 13:56

Nigerian bourse becomes full member of World Federation of Exchanges

APA – Lagos (Nigeria) — The Nigerian Stock Exchange (NSE”) says it received a unanimous vote for admission as a full member in the World Federation of Exchanges (WFE), the global trade association for the operators of regulated securities exchanges on Tuesday in South Korea.

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28-Oct-2014 to 13:22

Nigeria needs $5bn yearly to expand power infrastructure - minister

APA – Lagos (Nigeria) — Nigeria\'s Minister of Power, Prof. Chinedu Nebo says that the power sector in Nigeria needs about $5billion yearly to expand infrastructure and increase electricity generation from its current 3,700 megawatts (MW) to 20,000 MW.

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28-Oct-2014 to 12:54

Nigerian currency weakens marginally against US dollar

APA – Lagos (Nigeria) — The renewed demand for foreign currencies in Nigeria pushed the local currency, the naira to drop marginally in value by 0.15 percent against the US dollar on the interbank market on Monday.

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28-Oct-2014 to 12:21

Nigeria: Alcatel, MTN to boost ultra-broadband connectivity

APA-Abuja-(Nigeria) — Alcatel-Lucent is opening up Africa’s most populous nation to the benefits of ultra-broadband connectivity by launching a superfast, 100 gigabit-per-second fiber-optic network with MTN Nigeria, Alcatel said in a statement on Tuesday.

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28-Oct-2014 to 11:22

Nigeria to get ultra-broadband 100G fiber-optic data network connectivity

APA-Lagos, (Nigeria)- — Alcatel-Lucent (Euronext Paris and NYSE: ALU) is opening up Africa’s most populous nation to the benefits of ultra-broadband connectivity by launching a superfast, 100 gigabit-per-second fiber-optic network with MTN Nigeria, a subsidiary of Dubai-based MTN Group and the leading service provider in Africa.

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