Home » Posts tagged with » Nigeria

Mauritius tops 2017 Mo Ibrahim Index of African Governance

Mauritius remains the top ranking country in overall governance in Africa, Mo Ibrahim Index of African Governance (IIAG) revealed this week. According to latest governance index published by the Mo Ibrahim Foundation, the Indian Ocean Island tops the list as the best governed African nation, for the fifth successive year. From a total of 53 […]

Nigeria suicide bombing kills 50 in Adamawa state

At least 50 people have been killed in a suicide bombing in the eastern Nigerian state of Adamawa on Tuesday, local media reported. According to the police, a bomber struck inside a mosque packed with worshippers during morning prayers in the town of Mubi. Some 20,000 people have been killed in Boko Haram’s eight-year insurgency […]

Read More

Nigerian economy grows 1.4% in Q3 2017

Africa’s largest economy grew 1.4 percent year-on-year in the third quarter, the statistics office said on Monday.Data published by Nigeria’s National Bureau of Statistics (NBS) on Monday shows that the economy grew 1.4 in the third quarter of 2017. The new growth signals the start of a permanent turnaround in the country’s economic fortunes after […]

Read More

Dangote sells two of his Nigerian noodle plants

Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines for $12.26 million, the company said on Tuesday. The company, controlled by Africa’s richest man, Aliko Dangote, said the two units were sold to rival pasta maker De United Foods Industries. The purchasing company will continue marketing the products […]

Read More

Peace and Security top agenda of 4th Dakar International Forum

The 4th Dakar International Forum on Peace and Security in Africa has kicked off on Monday in Senegal as the continent moves to assure its own security. The forum, held under the theme, “Current security challenges in Africa: towards integrated solutions”, focuses on the continent’s new strategic and security challenges and on new approaches on […]

Read More

Buhari presents record $28 billion budget for 2018

Nigerian ailing President Muhammadu Buhari on Tuesday presented a record $28.16 billion budget for 2018 to the National Assembly. Africa’s leading oil producer has been hard hit by falling prices of the commodity, which accounts for the majority of its export revenue. According to the presidential office, the 2018 budget sets a record to revamp […]

Read More

50 years after the Biafra war, Nigeria agrees to pay victims

50 years after the Biafra civil war, Nigeria’s government has accepted to pay $245million compensation to the victims, local media reported. According to papers of the court of the Economic Community of West African States, ECOWAS Court of Justice, the federal government of Africa’s most populous nation has agreed to pay the damages, following legal […]

Read More

Nigeria: Buhari sacks top officials over missing funds

Nigerian President Muhammadu Buhari on Monday dismissed two top civil servants over graft allegations in Africa’s most populous nation. President Buhari had ordered the sacking of the Secretary to the Government of the Federation, Babachir Lawal, and the Director General of the National Intelligence Agency (NIA), Ayodele Oke, following a review of a panel report […]

Read More

Georges Weah visits Nigerian Prophet T.B. Joshua ahead of runoff election in Liberia

Former world footballer of the year and candidate in the Liberian presidential election, Georges Weah, on Sunday visited Nigeria to seek the support of the country’s controversial pastor, TB Joshua, to win the runoff elections in the West African nation. The presidential runoff elections between Georges Weah and Vice-president Boakai are scheduled for November 7. […]

Read More

Sub-Saharan Africa to record slow growth – WB’s Africa Pulse report

Sub-Saharan Africa’s economy is growing more slowly this year than expected, the World Bank said on Wednesday. According to the Bretton Wood institution’s Africa Pulse report, the slow growth of the region is largely due to weak investment and productivity. The Bank said the downgrade to 2017 projections was due to various conditions, including the […]

Read More