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Nigeria: Buhari appoints cabinet amid dwindling revenues

Nigeria’s President Muhammadu Buhari swore members of his cabinet into office on Wednesday with Zainab Ahmed returning to the Finance Ministry and newcomer Timipre Sylva heading up the key Petroleum Ministry as junior minister. According to local media, Buhari will continue as petroleum minister, but Timipre Sylva, former governor of the oil-rich Bayelsa State, will […]

Nigeria Decides: 84 million people registered to vote in 2019 polls

The Independent National Electoral Commission of Nigeria on Monday disclosed that over 84 million persons have registered to vote in upcoming polls. The commission’s boss Prof. Mahmood Yakubu presented copied of the voters’ roll to party representatives in the capital city, Abuja. The upcoming elections pits Buhari leading the All Progressives Congress, APC, against Atiku […]

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Elections, regional security, economy top agenda of ECOWAS summit

West Africa’s regional bloc ECOWAS last weekend urged Nigeria and Senegal to ensure peaceful, free and transparent elections next year. The call was contained in a final communiqué of the 54th ordinary session of the ECOWAS authority of heads of state and government in Abuja. Nigeria and Senegal will hold general elections in February 2019. […]

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Nigeria: Buhari presents $28.8 bln 2019 budget to parliament

Nigerian President Muhammadu Buhari on Wednesday presented a $28.80 billion budget for 2019 to parliament. Nigeria, Africa’s biggest oil producer and most populous nation, has “recovered from recession” after a slump in 2016, Buhari told a joint session of the Senate and House of Representatives in the capital, Abuja. The 2019 spending plan assumes crude […]

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Nigeria: Presidential candidates ink election “peace pact”, a main challenger snubs it

Nigeria’s President Muhammadu Buhari on Tuesday signed a deal for peaceful elections but his main challenger for the upcoming election, Atiku Abubakar, snubbed the peace pact. “We, the candidates pledge to uphold the highest standard of conduct and encourage our teeming supporters to do the same,” the 75-year-old former military ruler said after signing the […]

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Nigeria: Less than 2 percent GDP growth in 2018 – World Bank

Nigeria’s economy is expected to post less than 2 percent growth this year. The growth is largely driven by the non-oil industry and service sectors, the World Bank said on Wednesday. Nigeria’s emergence from recession last year remains sluggish, and sectoral growth patterns are unstable. In the second quarter of 2018, the oil sector contracted […]

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Chad Hosts Regional Summit over Boko Haram

Chadian capital N’Djamena is hosting this Thursday (Nov.29) a meeting of the heads of State of Cameroon, Central African Republic, Chad, Niger, Nigeria to look into the security situation in the areas targeted by the Boko Haram insurgency. The summit was summoned by by President Muhammadu Buhari of Nigeria in his capacity as Chairman of […]

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Nigeria: Buhari approves new monthly minimum wage

Nigerian President Muhammadu Buhari on Tuesday inked an agreement with organized labor raising the minimum wage in Africa’s most populous nation. Buhari gave his approval while receiving the report of a Tripartite Committee on the Review of National Minimum Wage at the Presidential Villa in Abuja. To be enacted, the bill needs to be endorsed […]

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Nigeria: Buhari asks lawmakers to approve $2.79 bln Eurobond

Nigerian President Muhammadu Buhari on Tuesday asked lawmakers to approve the issuance of a $2.79 billion Eurobond. According to Buhari, the Eurobond will help Africa’s most populous nation implement its new external borrowing that had already been approved in the 2018 budget to help cope with the budget deficit and fund infrastructure projects. In its […]

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Nigeria: Chibok girls’ activist Ezekwesili announces presidential bid

Nigeria’s anti-corruption campaigner and prominent Chibok girls’ activist Oby Ezekwesili will challenge President Muhammadu Buhari in the forthcoming 2019 elections. The move comes a week after members of the All Progressive Congress, APC, have unanimously rallied behind President Buhari as the party’s unique candidate in next year’s presidential elections. The Nigerian President will be seeking […]

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