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Senegalese capital Dakar to host 2018 CAF awards gala night

The Confederation of African Football (CAF) confirmed on Wednesday Senegal will host this year’s ceremony for the 2018 CAF Awards. Nigeria and Ghana had been hosting the prestigious banquet between them in recent years. The continental football body has broken tradition, awarding Senegalese capital, Dakar the hosting rights of the 2018 African Footballer of the […]

Nigeria’s 2019 polls: Buhari submits nomination form

Nigerian President Muhammadu Buhari has submitted his nomination form to the All Progressives Congress (APC) to seek re-election in the 2019 general elections. Buhari submitted the form at the ruling APC National Secretariat in Abuja on Wednesday, local media reported. The party now has strong and patriotic individuals who are ready, willing and able to […]

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AfDB approves $15 million Equity Investment to boost SME growth in West Africa

The Board of Directors of the African Development Bank has approved a $15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high growth middle market companies in Anglophone West Africa including Nigeria, Ghana, Liberia, Sierra Leone and the Gambia. The Fund’s investments will be in […]

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Nigeria: $8.2m relief approved as massive floods continue

Nigeria has approved about $8.2 million to cater for medical and relief support for communities affected by flooding in parts of Africa’s most populous nation. The National Emergency Management Agency has received the money to respond to the looming flood disasters following a red alert issued last week by the National Hydrological Services Agency (NHISA). […]

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Nigeria hits MTN with $8bn bill, shares plunge

MTN Group shares on Thursday plunged to the lowest level since 2009, a day after the Nigerian central bank ordered Africa’s largest wireless carrier to return $8.1 billion it says were repatriated improperly over eight years. The demand by Nigeria’s central bank comes two years after MTN agreed to pay more than $1 billion to […]

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Angela Merkel on visit to Nigeria, Ghana, Senegal

German Chancellor Angela Merkel is undertaking this week a tour of three West African countries, namely Senegal, Ghana and Nigeria. The Chancellor is accompanied by a large economic delegation, deputy government spokeswoman, Ulrike Demmer said ahead of her trip. “All three countries face huge challenges when it comes to economic and social development,” the spokeswoman […]

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Ethiopian Airlines frontrunner in tender to help Nigeria create a flag-carrier

Ethiopian Airlines Enterprise, Africa’s biggest airline, is the frontrunner to set up and manage a new national carrier for Nigeria, Reuters reported. According to the Chief Executive Officer of Ethiopian Airlines Enterprise, Tewolde GebreMariam, the Addis Ababa-based carrier is among a small group with an interest in establishing the national carrier of Nigeria. “We do […]

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Nigeria’s Buhari praises President Barrow for stability in post-Jammeh Gambia

Nigerian President Muhammadu Buhari on Wednesday lauded his Gambian counterpart, Adama Barrow, for bringing stability to Gambia since the downfall of longtime leader Yahya Jammeh. Buhari who held talks with his guest Barrow in Abuja on Wednesday underscored the importance of stability saying it had a ripple effect on the wider national agenda of every […]

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Nigeria’s Senate President Bukola Saraki quits Buhari’s ruling APC party

Nigeria’s Senate President Bukola Saraki has announced his resignation from the ruling party, All Progressive Congress (APC) for the opposition People’s Democratic Party. Saraki’s decision comes barely a week after a mass resignation of APC Senators that enabled the main opposition PDP to take the majority in the Senate. In a statement posted on his […]

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Nigeria’s former Vice-President eyes presidency

Nigeria’s Atiku Abubakar, a former vice president and key ally of President Muhammadu Buhari has declared his bid to become president of Nigeria when elections are held in 2019. Atiku is seeking to run on the ticket of the main opposition Peoples Democratic Party (PDP), a party he rejoined earlier this year. He made the […]

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