The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the country lost as much as $100bn in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output to a record low.

Guardian

Seven farmers kidnapped in Epe

Barely 24 hours after the abducted secretary of Isheri North Landlord Association was released by his abductors, two members of the Oodua People’s Congress (OPC) and five farm workers of Eliasa Farm have been kidnapped in Igbodu area of Epe, Lagos State yesterday.

Vanguard

S’Court yet to hear appeal challenging decision freeing Al-Mustapha

The Supreme Court, is yet to hear the appeal by Lagos State against Court of Appeal decision, which discharged and acquitted Major Hamza Al-Mustapha, over the murder of Alhaja Kudirat Abiola, as erroneously reported.

The Nation

Arik Air suspends flights to London, Jo’burg

Arik Air has suspended its international flight operations to the London and Johannesburg routes.

Thisday

FG: Success of Eurobond is Proof the Economy is Recovering

The federal government has said that the massive demand for its $1 billion Eurobond, which was oversubscribed by 780 per cent, was a demonstration of the strong market appetite for Nigeria and indicative of the confidence by the international investment community in Nigeria’s economic reform agenda.