Dangote Pledges $10 M to Boko Haram Victims’ Families
Africa’s richest man, Nigerian business tycoon Aliko Dangote, on Tuesday pledged $10million to help families affected by Boko Haram’s seven-year insurgency. It is the biggest […]
Nigeria
Uranium-Rich Niger’s Economy to Grow by 5.2%
Landlocked Niger’s economy is expected to grow by 5.2 percent this year, the International Monetary Fund said on Tuesday. “The economic perspectives in the medium-term […]
Nigeria: Anti-Graft Watchdog Wants ex-Minister to Refund $4.2 M
Nigeria’s anti-graft watchdog, the Economic and Financial Crimes Commission (EFCC,) on Monday interrogated the spokesperson of former President Goodluck Jonathan’s presidential campaign. Fani-Kayode has been […]
Nigeria: Buhari Signs Delayed-Budget into Law
Nigeria’s President Muhammadu Buhari on Friday signed the delayed 2016 budget into law, ending weeks of wrangling with lawmakers as Africa’s biggest economy contends with […]
Benin Releases FCFA 5.2 bn to Ease Power Crisis
The government of Benin on Thursday announced the release of 5.2 billion FCFA supply fuel for power generators rented from two suppliers to ease the […]
Nigeria: Troops Rescue 11,595 Hostages
The Nigerian army on Wednesday said it rescued 11,595 hostages from Boko Haram in the month of March. A statement signed by Col. Sani Usman, […]
Nigeria: $15 bln Stolen in Arms Procurement Fraud, Vice-President
Nigerian Vice President Yemi Osinbajo on Monday said about $15 billion – equal to about half the country’s foreign currency reserves – was stolen from […]
Zain to Buy Etisalat’s Stake in Sudan
Kuwaiti telecom firm Zain has agreed to buy 92.3 per cent stake in Sudanese fixed line operator Canar from Abu Dhabi-listed Etisalat. Under the agreement, […]
Nigeria: Fulani Herdsmen kill 7 at Enugu
About 7 persons have so far been reportedly killed by some Fulani herdsmen in south eastern Nigeria’s Enugu state, local government and police said on […]
Africa Power Vision to Electrify Continent by 2063
A joint venture called Africa Power Vision (APV) is planning to electrify the African continent with reliable and affordable energy sources by 2063. The development […]