Security: FG orders registration of foreign ‘aliens’ in Federal Capital Territory, Satellite Towns

The federal government has ordered that all foreign ‘aliens’ living within Abuja and its surrounding area councils be officially registered.

Bala Mohammed Minister of the Federal Capital Territory (FCT) and a member of President Goodluck Jonathan’s Federal Executive Council (FEC) gave this directive Thursday to all chairmen of the six area councils. They will in conjunction with officials of the Nigerian Immigration Service (NIS) begin the process of cataloguing all immigrants in their respective jurisdictions.

Mohammed issued the order during an

Foreign investors overlook security concerns, as Citi Bank to increase sale of Eurobonds in Nigeria

Foreign investors continue to buy Nigerian assets, undeterred by rising violence and security concerns. Omar Hafeez, CEO Citi Bank Nigeria cites $1.1 billion worth of Eurobonds it had traded for three local lenders so far this year as evidence.

However, Reuters reports that any spread of attacks further south or to the commercial hub of Lagos could begin to put off even established investors.

A violent insurgency in Nigeria has killed hundreds this year, with the abduction of more than 200 schoolgirls by Boko Haram making world headlines in April and overshadowing the country’s rise to overtake South Africa as the continent’s top economy.

Africa’s top oil producer also faces