Tag: Nigeria

Turkish sailors kidnapped by pirates return safely home

Fifteen Turkish sailors kidnapped by pirates last month in the Gulf of Guinea arrived back in Turkey on Sunday and the ship’s captain described how they faced death threats and were held in a forest during their three-week ordeal. The sailors hugged relatives as they arrived before dawn at Istanbul Airport, where they were greeted […]

Turkey wants answers over Nigerian pirate attack

Pirates who seized 15 sailors when they stormed a Turkish-crewed container ship in the Gulf of Guinea two days ago have not yet made contact with authorities, Turkey’s foreign minister said on Monday. An Azeri sailor was killed when armed attackers boarded the vessel, which was headed to Cape Town from Lagos, and abducted 15 […]

World Bank warns about diaspora bonds panic with corona crisis

The coronavirus pandemic and its devastating economic impact on developing countries could fuel fresh interest in so-called diaspora bonds that allow migrants to support their countries of origin, experts from the World Bank and other groups say. Dilip Ratha, the World Bank’s lead economist on migration and remittances, told Reuters that diaspora bonds could generate […]

Oil price plundge forces Arab, African petro-pegs

Oil’s $30 price plunge this week has sharply increased strains on a number of pegged currencies in energy-exporting emerging markets, above all in Nigeria and Oman where currencies have come under pressure in forward markets. The coronavirus threat to an already fragile global economy and an oil price war between Saudi Arabia and Russia have […]

Trump meets with Uighurs in afront to China

U.S. President Donald Trump, who has made religious freedom a centerpiece of his foreign policy, met on Wednesday with victims of religious persecution from countries like China, Turkey, North Korea, Iran and Myanmar. Trump counts evangelical Christians among his core supporters and the State Department is hosting a conference on the topic this week that […]

Lebanese kidnapped by Nigerian gunmen

Gunmen in Nigeria’s oil-rich Rivers state kidnapped two Lebanese workers helping to build a road, a police spokesman told Reuters on Sunday. The workers were abducted on Friday from a site in the Andoni local government area, Rivers state police spokesman Nnamdi Omoni said. “Some people have been invited for questioning and we hope by […]

More than 60 killed in Nigeria suicide blasts

Suicide bombers killed more than 60 people at a mosque and a market in northeast Nigeria on Tuesday, in a twin attack bearing the hallmarks of Boko Haram and a day after US President Donald Trump pledged greater support to fight the extremists and militants. The blasts, said to have been carried out by young […]

Opec oil cut extended to end of 2018 barring overheating

Opec agreed on Thursday to extend oil output cuts until the end of 2018 as it tries to finish clearing a global glut of crude while signalling it could exit the deal earlier if the market overheats. Non-Opec Russia, which this year reduced production significantly with Opec for the first time, has been pushing for […]

Blast kills at least 50 at Nigeria mosque

A bombing attack has killed at least 50 people at a mosque in northeastern Nigeria, police say. Police said a teenage assailant detonated his explosives early Tuesday as people were arriving for morning prayers at the mosque in the town of Mubi in Nigeria’s Adamawa State. “So far, we have at least 50 dead from […]

Suu Kyi silence on Myanmar ethnic cleansing charge draws cool response

Myanmar leader Aung San Suu Kyi on Tuesday condemned rights abuses in Rakhine state and said violators would be punished, but she did not address U.N. accusations of ethnic cleansing, drawing cool international responses and calls for action to help minority Muslims. Suu Kyi made the remarks in her first address to the nation since […]

US shale pumping means oil is stuck at $50 for the next two years, wealth manager says

Oil prices are likely to be stuck within a range of $40 to $60 for the next year or more, according to the latest investment forecast from U.K.-based wealth manager Coutts. In its mid-year investment outlook, published Wednesday, the private bank – which is reported to have the U.K. queen as one of its clients […]

Suicide bombers kill two, wound 11 in attack in Niger - U.N.

Bombers killed two people and wounded 11 others at a U.N.-managed camp in Niger housing thousands of people who have fled Boko Haram violence in the first suicide attack in the region in a year, the U.N. refugee agency said on Friday. Two women entered the camp in Kabelawa, around 50 km (30 miles) north […]

Will Boko Haram benefit from Isil allegiance?

By Colin Freeman for THE TELEGRAPH -- It may seem unlikely, given their self-publicised appetite for slaughter and mayhem. But like any other high-profile cause, international jihadism is not immune to the charge that standards have slipped over the years. A decade ago, when Osama bin Laden was in charge, he made it clear that even […]

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