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Nigeria’s Buhari to meet US president in Washington

Nigerian President Muhammadu Buhari will meet US President Donald Trump at the White House on April 30, the White House announced on Sunday. According to Washington, the two leaders will discuss among other issues promoting economic growth, fighting terrorism and other threats to peace and security. Buhari, who has traveled to the United Kingdom last […]

Nigeria: President Buhari will seek re-election in 2019 – Presidency

Nigeria’s President Muhammadu Buhari will seek a second term in office in February 2019, the Nigerian presidency said on Monday. Buhari will seek his All Progressives Congress (APC) party’s presidential ticket to contest the 2019 elections, the presidency said on its Twitter account. According to the president’s top aide, Buhari has disclosed his decision to […]

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AU launches world’s largest free-trade area, biggest economies out

Forty-four African countries on Wednesday launched a $3 trillion continental free-trade zone encompassing 1.2 billion people. But Nigeria and South Africa, the continent’s biggest economies did not sign up, diminishing its impact. The African Continental Free Trade Area (CFTA) is one of the bloc’s flagship projects. Nigerian President Muhammadu Buhari last week, called for more […]

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African leaders to sign the Continental Free Trade deal in Kigali

The Heads of State and Government of the African Union (AU) will hold an extraordinary meeting this week for the official launch of the African Continental Free Trade Area (AfCFTA) in Kigali, the Continental bloc said in a statement. The 250-page agreement that seeks to create the largest free-trade area in the world is expected […]

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Nigeria: APC Executive Committee endorses Buhari for second term in 2019

The national executive committee of the Nigerian ruling All Progressives Congress (APC) party has endorsed President Muhammadu Buhari to seek a second term in an election next year. According to Reuters, the APC national executive committee agreed to endorse Buhari after a one-day meeting, which concluded late on Tuesday. President Buhari, who spent much of […]

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Nigerian government confirms kidnapping of 110 schoolgirls

Days after Boko Haram school attack, the Nigerian government on Sunday confirmed that 110 girls of the Government Science and Technical College in Dapchi, in Yobe State, are so far unaccounted. The government statement comes two days after President Muhammadu Buhari has apologized to the girls’ families, saying: “This is a national disaster. We are […]

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African Union: Buhari appointed to champion campaign against corruption

Nigerian President Muhammadu Buhari called on African Union members to strengthen their institutions and set collaboration between law enforcement agencies and anti-corruption bodies in the combat against corruption on the continent. President Buhari made the statement at the African Union (AU) 30th Summit in Addis Ababa Sunday, after he was appointed the champion of this […]

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Nigeria to raise $2.5 billion through Eurobonds

Nigeria will raise $2.5 billion through Eurobonds in the first quarter, the Debt Management Office (DMO) said on Thursday. According to the head of the DMO, Patience Oniha, the country will also try to get back into the JP Morgan Government Bond Index (GBI-EM), with improving liquidity in the local currency market. The African most […]

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Nigeria to raise $700 mln from international sources

The Debt Management Office (DMO) of Nigeria on Tuesday said it expects to raise $700 million from international sources as part of a $3.5 billion in borrowing for the 2017 budget. Late last year, Nigerian lawmakers approved the government’s $74 billion expenditure plan for the next three years. President Muhammadu Buhari’s administration has proposed a […]

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Nigeria announces timetable for 2019 elections

The Independent National Electoral Commission of Nigeria has announced the timetable for the 2019 general elections. The presidential and National Assembly elections will be held on Saturday, February 16, 2019, while regional and local elections to elect new governors and local assembly members will be held two weeks later on Saturday, March 2, 2019, INEC […]

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