Ecobank Gets $310 mln Loan from AfDB
The African Development Bank (AFDB) has approved a $310 million trade finance loan for Ecobank Transnational incorporated, parent company of the Ecobank Group, Africanews reported […]
Nigeria
Nigeria: Kaduna State Bans Shi’ite Muslim Sect
The Kaduna state government this weekend declared Shi’ite Muslim sect with at least 4 million followers unlawful in the West African nation. According to the […]
Ethiopia: Inter-Religious Council Calls for Peace
Inter-religious Council of Ethiopia has appealed for calm and a national dialogue as the country plunged into continuing protests and targeting of businesses in the […]
Nigeria Forecasts Economy will Shrink 1.3% in 2016
Nigeria’s economy is likely to shrink 1.3 percent in 2016, the Head of the National Bureau of Statistics said on Wednesday. The NBS had predicted […]
Nigeria: Buhari Orders Sale of Two Presidential Jets
Nigerian President Muhammadu Buhari has ordered the sale of two aircraft in the presidential fleet, in an apparent move to cut down the size of […]
OPEC Members Agree to Cut Oil Production by November
Members of the Organization of Petroleum Exporting Countries (OPEC) on Wednesday reached an agreement to limit oil production to between 32.5 and 33 million barrels […]
Africa is the Future of Global Trade – Aliko Dangote
The Nigerian business mogul and Africa’s richest man, Alhaji Aliko Dangote, has been named co-chair of the US-Africa Business Center on Wednesday. According to the […]
Nigeria: UNICEF Receives $1.3m Lifesaving Supplies
The United Nations Children’s Emergency Fund (UNICEF) on Tuesday confirmed that it has received $1.3m worth of lifesaving supplies for internally displaced people in the […]
Nigeria Inks 550MW Power Purchase Agreement
The federal government of Nigeria this weekend signed a power purchasing agreement (PPA) with Kingline, a new power generation firm with Nigerian and South Korean […]
Nigerian Wins Africa Food Prize Award
The Africa Food Prize Committee, chaired by Olusegun Obasanjo, selected a Nigerian national, Dr Kanayo Nwanze, as the first winner of the ‘Africa Food Prize’ […]