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Nigeria: Boko Haram coordinated attacks leave 18 killed

Boko Haram launched overnight coordinated attacks on a military camp and villages around the Nigerian city of Maiduguri, killing at least 18 people and wounding scores, Nigerian officials said Monday. The terror group fighters attacked a military base in the Cashew Plantation area at the entrance to the city with suicide bombers, mortars and guns, […]

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AfDB to launch 12 new projects to support SMEs in 6 African countries

The African Development Bank (AfDB) will launch twelve new projects to support agribusiness SMEs in 6 African countries, The Bank said in a statement. The projects will be funded by the AfDB’s Agriculture Fast Track Fund (AFT) in Ghana, Ethiopia, Malawi, Nigeria, Mozambique and Burkina Faso. According to the Bank, the $28.8 million envelope will […]

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Nigeria cleans police payroll of 80,000 “ghost workers”

The Nigerian government on Monday said there are over 80,000 ghost police officers in the West African nation. The disclosure came after a staff count and full integration of payrolls across the country’s 42 police commands and formations into a federal information structure. According to the Integrated Payroll and Personal Information System (IPPIS) instituted by […]

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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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Nigeria’s kidnapped Dapchi schoolgirls freed

Nigeria’s insurgent group Boko Haram on Wednesday morning returned 76 of the recently abducted school girls in the town of Dapachi in Nigeria’s Yobe State, the government confirmed. More than 110 schoolgirls were feared missing after the attack on the village of Dapachi in the Northeastern state of Yobe in Nigeria last month. A statement […]

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Nigeria: Amnesty Int’l accuses oil giants Shell and Eni of serious negligence

Amnesty International on Friday accused international oil major groups Shell and Eni of negligence and irresponsible approach to oil spills in Nigeria’s oil-producing delta region. According to the right group, the two oil multinationals were publishing misleading information contested by communities in the Niger Delta, who stand to lose compensation if the companies attribute spills […]

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Nigeria negotiating for release of abducted schoolgirls – Buhari

President Muhammadu Buhari of Nigeria said Nigerian authorities prefer to negotiate with Boko Haram group which abducted schoolgirls for the release of the hostages rather than resorting to military action. Nigeria prefers to have the schoolgirls abducted by Boko Haram from Chibok and Dapchi back alive, and that is why it has chosen negotiation, rather […]

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South Africa’s MTN posts $279 million annual profit after Nigeria fine saga

MTN Group, Africa’s biggest mobile-network operator by sales, said it returned to profit in 2017 with earnings totaling 3.3 billion rand, or 182 cents per share, in 2017, compared with a loss of 77 cents per share, a year earlier. MTN suffered its first-ever loss in 2016 after a fallout from a $1 billion fine […]

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US Secretary of State Rex Tillerson starts week-long first Africa trip

The United States will give more than $533 million in humanitarian aid for victims of conflicts and drought in Ethiopia, Somalia, South Sudan and the West and Central African countries bordering Lake Chad, US Secretary of State Rex Tillerson said. Tillerson made the announcement at a speech in Virginia before departing for a week-long trip […]

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Nigeria inks deal with consortiums to renovate oil refineries

Nigeria’s state oil firm NNPC has completed talks with two consortiums to revamp Africa’s biggest crude producer’s rundown refineries. According to Reuters, the two consortiums would be paid via the offtake of refined products rather than cash, obliging them to revive the refineries and keep them running smoothly. Speaking at the ongoing Nigerian International Petroleum […]

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