Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts

Tuesday, 7 March 2017

RUDDERLESS Nigeria struggles with a leadership crisis and recession -CNBC

Drew Angerer | Getty Images
Muhammadu Buhari, President of Nigeria


"Who's running Nigeria?" blared a headline in this week's The Economist, aptly summarizing the state of affairs in beleaguered Nigeria — a major oil producer and African economic powerhouse whose economy appears to be as stricken as its ailing leader.

Sunday, 12 June 2016

Nigeria lacks the military capacity to defeat Niger Delta Avengers. Faces 'almost impossible' fight against 'Niger Delta Avengers' -CNBC

Nigeria faces 'almost impossible' fight against 'Niger Delta Avengers' -CNBC. Muhammadu Buhar. Frank Augstein | Pool | Reuters


It's a country of around 185 million people, a member of OPEC and the biggest economy on its continent. But Nigeria may have more than it can handle with the "Niger Delta Avengers."

Nigeria has vowed to rein in the militants who are relentlessly bombing the country's oil infrastructure and have slashed its crude output. But experts say the government of President Muhammadu Buhari lacks the military capacity and institutions to tackle the threat — and military action could make things much worse anyway.

Saturday, 25 July 2015

CNBC lambastes Oby Ezekwesili over Oteh's appointment: Stop parading yourself as African first World Bank VP

CNBC lambastes Oby Ezekwesili over Oteh's appointment: Stop parading yourself as African first World Bank VP
The CNBC, an American basic cable and satellite business news television channel  has lambasted Dr Oby Ezekwesili over Aruma Oteh's appointment as the first African woman Vice president of the World Bank. The CNBC Africa, owned by the NBC Universal News Group, a division of Comcast Corporation told Ezekwesili erstwhile Nigeria’s  Minister of Education to stop parading herself as the first female Vice President of the World Bank.