Buhari to lend $5.5 bln in foreign loan, seek lawmakers approval

By Alexis Akwagyiram LAGOS (Reuters) - Nigeria's President Muhammadu Buhari has sought approval from lawmakers in the upper chamber of parliament for $5.5 billion of...

VP Osinbajo says running for presidency not “on the cards”

LONDON (Reuters) - Nigeria's Vice President Yemi Osinbajo said on Monday he had not given any thought on contesting the country's next presidential election...

Nigerian army to commence ‘Operation Crocodile Smile 2’ in Niger Delta

YENAGOA, Nigeria (Reuters) - The Nigerian army on Monday said it will carry out training exercises in the restive southern Niger Delta, where attacks...

Nigeria’s presidential, parliamentary election to hold on Feb. 16, 2019

  ABUJA (Reuters) - Nigeria's next presidential and parliamentary elections will be held on Feb. 16, 2019, the Independent National Electoral Commission said on its...

G20 summit: Trump pledges $639 mln to Nigeria, three other countries

U.S. President Donald Trump on Saturday promised $639 million in aid to feed people left starving because of drought and conflict in Somalia, South...

Nigeria, Ghana mull MoU on cabotage implementation, enforcement processes, others

In a bid to give the African continent a competitive edge with other maritime nations in the world, the Federal Government through the Nigerian...

OECD, AfDB predicts growth in Africa to hit 3.4% in 2017,...

The Organisation for Economic Co-operation and Development (OECD) and the African Development Bank (AfDB) expect economic growth in Africa to pick up this year...

Dangote cement increases it’s production capacity to 40mmt per annum

Dangote Cement Plc has further increased its production capacity across Africa through the addition of 1.5 million metric tonnes per annum in the Republic...

Nigeria leads Africa in free trade negotiations

The negotiating forum for the Continental Free Trade Area for Africa has elected the Trade Adviser to the Minister of Industry, Trade and Investment,...

South Africa’s economy now in recession

South Africa's economy - one of Africa's biggest - is in recession. A 0.7 percent decline in GDP in the first quarter of this year...

Africa Re, Continental Re, 15 others sponsor 44th AIO

African Reinsurance Corporation, Continental Reinsurance Plc and 15 other organisations have extended corporate sponsorship to the 44th African Insurance Organisation (AIO) coming in Kampala,...

ECOWAS pined West African economic decline on Nigeria GDP

Mareel Souza, President, ECOWAS Commission, has attributed the decline in economic activities in the West African region in 2016 to the sharp drop in...

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