Earlier this year, the Nigerian government began a collaboration aimed at boosting the access of electricity in the country. In 2013, Notore Power Limited signed an...
Rwanda and Nigeria are Africa’s most promising markets for global retailers, according to consulting firm A.T. Kearney, as foreign investors look at all corners of a...
2013 was a difficult year for the five BRICS countries. China and Brazil faced slowing growth, South Africa and India were hit by currency instability, and...
Martin Udogie is a trainer and a media personality with a peculiar story. After blazing through his academic pursuits, and graduating with First-Class in Business Administration,...
In an effort to add value to the Nigerian construction sector Dangote Cement has finalized plans to upgrade its cement grade. Many believe that the...
In an exclusive interview with NPR, Nigeria’s Finance Minister Ngozi Okonjo-Iweala delivered the promising news that the country has overcome hurdles and stabilized the economy. For...
Nigeria is leading a stout fight against oil theft and corruption on an institutional level and boasts crucial accountability bodies. “We’re coming from a history in...
Despite former central bank governor Lamido Sanusi’s ousting, his reforms and frameworks continue to keep the economy in check. “Sanusi could easily be described as probably...
Nigeria’s footballers could earn more than $100,000 each if they become the first African team to win the World Cup this year. This figure pales into...
South African Airways’ (SAA) executives are caught between their continental ambition and lack of cash. Technically insolvent, SAA is reliant on a R5 billion ($443 million)...
On a sweltering morning in West Africa’s largest port, an official from a Swiss company watched as a container lifted from a ship was transported towards...
It’s a common enough scenario in Nigeria and across Africa: how to get rid of pesky mosquitoes whose buzzing disturbs sleep and whose bites can carry...
Obasanjo’s was chosen at an African Union (AU) Peace and Security Council summit in Banjul, Gambia on December 30 last year, where the AU chairperson was...
Since Nigeria’s new mega-opposition party formed last year, it has been clear that they do not support the ruling People’s Democratic Party. The PDP has run...
Conflict in northeast Nigeria appears to be escalating with nearly 100 people killed and three abducted in separate attacks over the weekend. Two vehicles exploded Saturday...
by Ikechukwu Kelikume for The Conversation The Nigerian business community and international investors into Africa’s most populous country are still reeling from the shock of the...
Aliko Dangote. PHOTO/File (Bloomberg) – Billionaire Aliko Dangote, Africa’s richest man, helped fuel a record surge in syndicated loans by Nigerian borrowers last year with a...
Research and Markets Africa B2C E-Commerce Report – 2013 indicates that growing Internet penetration, the spread of mobile technology and improvement of payment and delivery infrastructure...
At the 2014 World Cup in Brazil, five African nations will be competing. According to The Africa Report’s, there will be several countries and players to...
Nigeria’s Senate is ordering a forensic audit to track down billions of missing petrodollars. The Central Bank of Nigeria last year reported nearly US$50 billion worth...
Africa’s richest man, billionaire Alhaji Aliko Dangote paid a courtesy call, on Thursday, to President Ellen Johnson Sirleaf at her Foreign Ministry Office and briefed her...
Nigeria’s central bank announced new rules on Friday requiring currency dealers to put naira in their accounts at the bank two days before bidding in its...
The ethnic and religious profiling of the Muslims community in Nigeria is similar to the tensions that precipitated the West African country’s three year civil war...
Kola Karim, the managing director of Shoreline Energy international, says the vast majority of onshore oil rigs in the Delta will be operated by Nigerian-owned companies...
A spokesman for Nigeria’s People’s Democratic Party (PDP) has appealed to former Vice President Atiku Abubakar, a party stalwart, to return to the ruling party after...
A Muslim religious leader, who openly criticized Boko Haram, and a Christian preacher have been killed in northern Nigeria in separate attacks whom many blame on...
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group. PHOTO/File The Dangote Group, funded and run by the world’s richest black man, Aliko Dangote,...
(Reuters) – A close ally of Nigerian President Goodluck Jonathan, Bamanga Tukur (pictured), has resigned as chairman of the ruling People’s Democratic Party (PDP), Jonathan told...
(PRNewswire) – Chris Folayan (pictured), an enterprising software developer, has found a way to tap into the purchasing power of Nigeria’s rapidly growing middle class. Folayan...
(Bloomberg) – Zambia plans to establish a sovereign wealth fund to spur investment outside the mining industry of Africa’s biggest copper producer. The fund will be...
Traders on the floor of the Nigerian Stock exchange. PHOTO/File Nigeria’s financial markets posted healthy gains in 2013 but 5 years on from the global financial...
By Tony Elumelu (Reuters) – To Africa’s many challenges, add one more: unemployment. Unemployment, independent of any other factor, threatens to derail the economic promise that...
Fearing attacks by the al-Qaeda affiliated Islamist militant group Boko Haram over Christmas, Nigerian police said on Sunday they had ordered extra patrols, surveillance and covert...
Nigerian President Goodluck Jonathan. PHOTO/File Nigeria’s President Goodluck Jonathan lost his majority in parliament on Wednesday after 37 lawmakers defected from his party for a new...
(Bloomberg) – Nigeria’s plan to rebase its gross domestic production (GDP) figures next year may boost the assessment of the size of its economy by as...
Aliko Dangote, Founder, President and CEO of the Dangote Group. PHOTO/Mike Hutchings/Reuters The Dangote Group, the Nigerian company founded and run by Aliko Dangote, plans to...
Akinwumi Adesina – Nigeria’s minister for Agriculture. PHOTO/Getty Images Nigeria’s minister for Agriculture Akinwumi Adesina, was earlier this week named 2013 Forbes Africa person of the...
Nigeria’s central bank Governor Lamido Sanusi. PHOTO/File (Bloomberg) – Nigerian central bank Governor Lamido Sanusi will be stepping down in June next year, raising concerns among...
Nigerian President Goodluck Jonathan. PHOTO/File Seven state governors have defected from Nigeria’s ruling party and merged their splinter group with the main opposition party on Tuesday,...
(Bloomberg) – When Gbemiga Omotoso bought a Samsung tablet computer last year, he handed over his cash to a man in a van. There was nothing...
Dangote Cement’s gross revenues grew by 29 percent to US$1.82 billion for the third quarter 2013, up from US$1.41 billion recorded in the corresponding period in...
Nigerian President Goodluck Jonathan. PHOTO/File (Reuters) – Nigerian President Goodluck Jonathan will not present the 2014 budget to the federal national assembly as planned on Tuesday...
Kaduna Refinery (Bloomberg) – Nigeria, Africa’s largest oil producer, plans to begin privatizing its 4 state-owned oil refineries before the end of the first quarter of...
RapidSMS data flow. IMAGE/Technology for Humanity A technological innovation to boost Malawi’s food security surveillance 4 years ago has become a secure tool in the area...
The tiny state of Anambra in southern Nigeria goes to the polls this weekend to elect a new governor in a vote seen as a key...
Nigerian lawmakers say their country’s oil business must be investigated after an independent watchdog group alleged that Nigerian and Swiss traders may be complicit in defrauding...
(Reuters) – When Abasiama Idaresit started a digital marketing firm in Nigeria’s bustling economic capital three years ago, he quickly learned how brutal life can be...
Ethiopia has began the process of repatriating its citizens living in Saudi Arabia illegally, after reports that an Ethiopian was killed by police, officials said Saturday....
The death toll as a result of a stampede an overcrowded church gathering in eastern Nigeria is now 24, according to information provided by the Red...
Nigeria is on track to begin building its own ships and has approved a N58.6 billion (US$369 million) fund for or the construction of ship building...
South Africa is about to be seriously upstaged on the African continent. For several years economists have been waiting for a promised revision to Nigeria’s economic...
Aliko Dangote – Founder and Chairman of The Dangote Group Nigerian entrepreneur Aliko Dangote, plans to spend US$350 million to build a new cement plant in...
Environmental Damage caused by oil spill. PHOTO/File (Reuters) – Shell Nigeria said on Wednesday it had shut down its Trans Niger Pipeline (TNP) owing to reports...
By Carlos Lopes Africa’s political economy is deeply ingrained with its history of the exploitation and (mis)-management of its mineral and natural resources. More than 500...
(Reuters) – Fifteen people were killed when an Embraer passenger plane crashed shortly after take-off just outside Lagos airport’s domestic terminal on Thursday, Nigerian authorities said....
(Reuters) – Suspected Islamist militants have stormed a college in northeastern Nigeria and shot dead around 40 male students, some of them while they slept early...
Ask anyone with insider knowledge of Africa’s regional economic communities – and they will tell you that most of the issues keeping Africa apart are not...
(Reuters) – Kenya wants to host a clearing house for China’s yuan currency – a bold African first that would deepen the continent’s ties with Beijing,...
Environmental Damage caused by oil spill. PHOTO/File (Reuters) – Nigerian villagers on Friday rejected an offer of compensation from Royal Dutch Shell for damage done to...
Nigerian President.,Goodluck Jonathan. PHOTO/File Nigerian President Goodluck Jonathan on Wednesday reshuffled his cabinet and in the process dropped 9 ministers amid tensions within his ruling party...
While South Africa remains the most attractive corporate investment destination in Africa, Nigeria is nipping at its heels and may overtake it as soon as next...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File Royal Dutch Shell officials on Monday began talks in Nigeria’s southern city of Port Harcourt with...
(Reuters) – Nigeria’s United Bank for Africa (UBA) has invested US$700 million this year financing power assets in Africa’s second biggest economy and is looking to...
Aliko Dangote – founder and CEO of the Dangote Group (Reuters) – The Dangote Group said on Tuesday it will borrow US$3.3 billion to build a...
Nigeria President.,Goodluck Jonathan. PHOTO/File Nigerian President Goodluck Jonathan’s re-election hopes have suffered a major dent after his ruling People’s Democratic Party (PDP) split into two following...
(Reuters) – The leader of militant Islamist sect Boko Haram, Abubakar Shekau, may have died of gunshot wounds some weeks after a clash with soldiers, the...
(Reuters) – Investors from Europe, Asia and the United States are not the only ones chasing growth opportunities in Africa these days – Africans themselves are...
Power pylons in Nigeria Nigeria’s federal government continues to tout opportunities for private investment in its huge electricity sector. The federal minister of of State for...
Sudan’s President Omar al-Bashir. PHOTO/Gregorio Borgia/AP (AP) – Civil rights activists and human rights lawyers Monday demanded that Nigeria arrest Sudanese President Omar al-Bashir and deliver...
Akinwumi Adesina – Nigeria’s minister for Agriculture. PHOTO/Getty Images When President Goodluck Jonathan was elected two years ago, he pledged reforms that would transform the lives...
Mo Abudu. PHOTO/File A woman who could be considered Africa’s Oprah Winfrey is launching an entertainment network that will be beamed into nearly every country on...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File Nigeria’s oil spill detection and response agency (NOSDRA) has presented a bill to the federal legislature...
Sporedust Media, a Nigerian animation startup is on track to becoming Africa’s equivalent of Pixar. According to the company’s CEO and co-founder, Shina Ajulo (pictured below),...
(Reuters) – Nigeria’s Guaranty Trust Bank said on Tuesday it expected its pretax profit for the third quarter to hit 20.7 billion naira (US$129 million), compared...
Nigeria has formally declared the Boko Haram Islamist sect and Jama’atu Ansaru, its suspected offshoot, “terrorist” groups and issued a law to ban them, a presidential...
Nigeria’s central bank Governor Lamido Sanusi. PHOTO/File (Bloomberg) – Nigeria’s central bank shouldn’t rush to cut interest rates even as inflation is forecast to remain within...
Oil Refinery in Port Harcourt, Nigeria. PHOTO/File Press Release (Business Wire) – Research and Markets has announced the addition of the “Nigeria Storage Market Analysis and...
Nigerian serial entrepreneur Jason Njoku and a business partner recently launched a company to fund tech companies in Nigeria – and in the longer term the...
The Namibian government on Tuesday announced the first discovery of oil off it’s coast around the Walvis Basin. Namibia has commissioned a Rio de Janeiro-based energy...
Nigerian President Goodluck Jonathan imposed a “state of emergency” in three states menaced by al-Qaeda-linked Islamist group Boko Haram, saying the level of violence called for...
Founder and CEO of the Dangote Group., Aliko Dangote. PHOTO/File (Bloomberg) – Dangote Group CEO, Aliko Dangote, has revealed that he has secured US$4.25 billion to...
(Reuters) – A Nigerian fighter jet taking part in military operations against al Qaeda-linked Islamic militants in Mali crashed in western Niger, killing its two crew,...
Power pylons in Nigeria (Reuters) – The Goodluck Jonathan administration in Nigeria accepted deposits by bidders for 15 state electricity assets on Monday, a milestone in...
(Reuters) – A joint assault involving forces from Nigeria, Chad and Niger was assembled after intelligence that Islamist militants Boko Haram had moved into Baga, a...
(Reuters) – Nigeria’s stock market regulator said on Thursday it had lifted a suspension on Ecobank from capital market activities, imposed last month because of irregularities...
Nigeria has formed a panel that will create an amnesty program for the al-Qaeda-linked Boko Haram extremists to quell a bloody terrorist campaign of bombings and...
(Reuters) – Angola’s government on Wednesday approved the guidelines of a plan to hold bidding for licences to explore for oil onshore in the Kwanza and...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File (Reuters) – Two Nigerian government agencies told a parliamentary hearing on Thursday that Royal Dutch Shell...
Chinua Achebe Chinua Achebe, the internationally celebrated Nigerian author, and statesman who gave literary birth to modern Africa with Things Fall Apart and continued for decades...
Nigeria’s central bank Governor Lamido Sanusi Nigeria’s central bank Governor Lamido Sanusi, who was named central bank governor of the year by London-based The Banker magazine...
U.S. President Barack Obama with Nigerian President Goodluck Jonathan ‘The people you see in Nigeria today,’ China Achebe once said, ‘have always lived as neighbors in...
Rescue workers search at the site of a plane crash in Lagos, Nigeria on June 3, 2012. PHOTO/Sunday Alamba/AP Dana air, the carrier that has been...
(Bloomberg News) – Nigerian airline Aero Contractors Co., said all flights have been grounded until further notice due to indistrial action by staff over cost-cutting measures....
Traders on the floor of the Nigerian Stock exchange. PHOTO/File (Reuters) – Nigerian stock market bulls say last year’s surge in share prices will continue throughout...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Mocality, a small business listing directory, with a footprint in Kenya and Nigeria will be shutting down operations on February 28. The announcement came via the...
A recent report entitled “Emerging Markets Opportunity Index: high growth economies” has ranked South Africa as the leading emerging economy on the African continent, with Nigeria...
A victorious Nigeria team lifts the Africa Cup of Nations Trophy. PHOTO/European Pressphoto Agency Coach Stephen Keshi makes history as one of two men to win...
Oil workers repairing pipelines at Okrika Jetty in River State Nigeria. PHOTO/File Exxon Mobil PLC has warned that it won’t be able to meet its production...
Research shows mapping is creating jobs and driving global economic growth. A few years ago, we used paper maps and printed guides to help us navigate...
Nigerian farmers (l-r) Alali Efanga, Friday Alfred Akpan, Chief Fidelis Oguru Oruma and Eric Dooh sit in the court in The Hague, Netherlands, 11 October 2012....
(Reuters) – A purported commander of Nigerian Islamist sect Boko Haram declared a unilateral ceasefire on Monday, raising fresh questions about possible rifts within the secretive...
(Reuters) – Nigerian President Goodluck Jonathan has indicated that his country’s troops would stay in Mali to back military operations against al Qaeda-linked militants until the...
Traders on the floor of the Nigerian Stock exchange. PHOTO/File The Nigerian capital market has shown significant resurgence from the depth it fell in 2008 and...
Nigerian troops involved in the Mali intervention are expected Thursday. Nigeria says it will send nearly 200 troops to Mali within the next few hours. Nigerian...
(Reuters) – Fifteen Russian sailors detained by Nigeria’s navy on suspicion of arms smuggling have been transferred to police cells for prosecution, a naval spokesman said...
Rescue workers search at the site of a plane crash in Lagos, Nigeria on June 3, 2012. PHOTO/Sunday Alamba/AP Dana Air – the Nigerian airline involved...
By Chris Reese Part 1 of the Black Coaches Elite Special Coach Akindele Peter (in white hat and green shirt) with his young charges. If you...
iROKOtv, Africa’s largest online platform for streaming movies celebrated its first anniversary last week. iROKOtv has invested in building the world’s largest library of Nollywood movies...
A view of Auckland, New Zealand from Nigeria’s satellite – the NigeriaSat-X Economic Boom Fuels Ghana’s, Nigeria’s, Kenya’s —and Continent’s—dream of building telescopes and satellites to...
A navy helicopter crashed Saturday in Nigeria’s oil-rich southern delta, killing a state governor and five other people, in the latest air disaster to hit Africa’s...
Filming staff on set during a movie shoot in Nigeria. PHOTO/File Nigeria’s Nollywood s the second largest film industry globally in terms of the number of...
Folorunsho Alakija. PHOTO/CNN (PRWEB) – Oprah Winfrey is no longer the richest black woman in the world according to a report by Ventures Africa, an African...
(Reuters) – A purported senior member of Islamist militant group Boko Haram has distributed a letter requesting talks with the government, a day after a double...
AP – At least 11 people were killed and about 30 injured when twin car bombs hit a Protestant church in a major military establishment in...
Aliko Dangote Forbes magazine says Aliko Dangote, a Nigerian tycoon who built his empire on commodities like flour, sugar and cement, is Africa’s richest man. Dangote...
To ensure the success of Nigeria’s cashless scheme, the Central Bank of Nigeria has disclosed plans to introduce incentives for traders through commercial banks. While speaking...
Aliko Dangote. PHOTO/File (Reuters) – Nigeria’s biggest listed company, Dangote Cement revealed early this month that it expects pretax profit to hit 143 billion naira (US$910...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Nigerian teenagers, Duro-Aina Adebola, Akindele Abiola and Faleke Oluwatoyin with their urine powered generator. PHOTO/BBC In a breakthrough, four teenage schoolgirls in Nigeria have invented a...
(Reuters) – Exxon has shut a pipeline off the coast of Nigeria’s Akwa Ibom state after an oil leak started. The cause of the leak has...
A graphic collection of Apps built in Africa. IMAGE/File Africans are making a bid to turn the continent of Africa into the new home of mobile...
On their first visit to Nigeria, Serena and Venus Williams want to inspire local kids to set their goals high. “We were really able to break...
Aliko Dangote, founder, President and Chief Executive of the Dangote Group Sephaku Cement- a subsidiary of Dangote Cement and an indigenous player in South Africa’s cement...
A suicide bomber rammed an SUV loaded with explosives into a Catholic church holding Mass on Sunday in northern Nigeria, killing at least eight people and...
Chelsea midfielder John Obi Mikel. PHOTO/PA Wire Chelsea and Nigerian midfielder, John Obi Mikel, is set to sign an improved four year contract with the reigning...
(Reuters) – Authorities in Nigeria seized a ship and arrested its 15 Russian crew members on suspicion of arms smuggling, after they found several guns and...
Nigeria’s military arrested a member of the radical Islamist sect Boko Haram at the home of a prominent senator, an official said late Friday, adding weight...
Nigerian farmers (r-r) Alali Efanga, Friday Alfred Akpan-Ikot Ada Udo, Chief Fidelis Oguru Oruma and Eric Dooh sit in the court in The Hague, Netherlands, 11...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group (Reuters) – Nigerian billionaire Aliko Dangote on Thursday sold 63 percent of Dangote Flour to South...
(PRNewswire-USNewswire) — The Oando Foundation – the philanthropic arm of Oando PLC, one of Africa’s leading indigenous energy solutions providers – is attending the Clinton Global...
Power pylons in Nigeria. PHOTO/File (Reuters) – Nigeria announced on Tuesday the preferred bidders for five state power generation plants, part of plans to privatize the...
A suicide car bomber attacked a Catholic church conducting Mass in northern Nigeria on Sunday, killing two people and wounding another 45 in a region under...
Arik Air, Nigeria’s largest airline will resume flying its domestic routes Sunday, the company’s managing director said, after publicly announcing it would stop flying. The airlines’...
Nigeria’s largest airline, Arik Air cancelled all domestic flights for a second day after a union under the country’s airports authority stopped its planes from flying...
Soldiers manning a checkpoint in northern Nigeria shot to death two ranking members of a radical Islamist sect responsible for hundreds of killings this year alone,...
By Dawn Nagar and Mark Paterson As Africa’s two largest economies, Nigeria and South Africa could substantially enhance the continent’s development prospects — particularly if they...
Over the last decade, intra African trade has emerged as a strong driver of growth across the continent. Competition among financial institutions in East Africa is...
Oil Refinery in Port Harcourt, Nigeria. PHOTO/File It is hoped that the new reforms will increase oil revenues for Nigeria, drastically reduce on corruption in the...
Satellite image of the mass of land reclaimed for the Eko Atlantic City. PHOTO/File It is widely expected that Nigeria will overtake South Africa as the...
Security officials in Nigeria have discovered a bomb-making factory on Saturday in Kano, a northern city that has been plagued by the Boko-Haram Islamist insurgency. The...
Gunmen have opened fire on an evangelical church during a service in Northern Nigeria, killing at least 19 people in the latest such attack in the...
Nigeria President Goodluck Jonathan on Sunday dismissed as “blackmail” a call on him by the suspected leader of Islamist group Boko Haram to resign and convert...
Nigeria President.,Goodluck Jonathan. PHOTO/File The House of Representatives in Nigeria, has declared that its decision to initiative impeachment proceedings against President Goodluck Jonathan if he fails...
The Inye Tablet. PHOTO/CNN Saheed Adepoju of Nigeria has unveiled the Inye this week, a tablet computer designed to be second answer from Africa to the...
Environmental Damage caused by past oil spill in Nigeria. PHOTO/File The Nigeria regulator says it wants Royal Dutch Shell PLC’s local subsidiary to pay a US$5...
As the US space programme loses momentum with the retirement of the space shuttle, those of Nigeria and Ghana and Nigeria are just taking off. Nigeria...
The supreme court in Nigeria has overturned the sale of a state-owned aluminum processing plant to the world’s largest aluminum producer. Justice Afolabiyi Fabiyi ruled Friday...
Nigeria Basket Ball team celebrates victory over Dominican Republic. Ike Diogu scored 25 points, and Nigeria earned the final men’s basketball spot in the London Olympics...
South Africa’s Nkosazana Dlamini-Zuma (l) and Incumbent African Union Commission Chairperson Jean Ping (r). PHOTO/File The battle for greater influence in Africa between Nigeria and South...
Aliko Dangote, President and Chief Executive of Nigeria’s Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town...
Multifuncional Floating Dock at the Niger Dock. PHOTO/Navimor International (Marketwire -07/05/12) – Avaya, a global provider of business collaboration and communications solutions and services, today announced...
Rescue workers search at the site of a plane crash in Lagos, Nigeria. PHOTO/Sunday Alamba/AP A grounded Nigeria airline says it has started compensating families of...
Shell oil worker on an offshore oil platform in the Niger Delta. PHOTO/AP Heritage Oil PLC says it has agreed to buy a 45 percent stake...
Multiple clashes between security forces and suspected members of a radical Islamist sect (Boko Haram) in northern Nigeria have left four policemen, four civilians and 19...
Nigeria President Goodluck Jonathan. PHOTO/File The president of Nigeria Goodluck Jonathan has requested and accepted the resignations of the executives of the oil-rich West African nation’s...
India has overtaken the United States to become Nigeria’s largest market for exports, according to the first quarter Trade Statistics released by the Nigeria National Bureau...
Nigeria President Goodluck Jonathan has requested and accepted the resignations of the Defence Minister, Haliru Bello and the National Security Adviser, General Andrew Azazi. Gen. Azazi...
Nigeria troops have arrested a suspect in the Christmas Day bombings that killed at least 44 people, state television reported, as Washington put three Boko Haram...
The Nigerian Red Cross says at least 25 people have died after a radical Islamist sect launched multiple attacks in the northeastern city of Damaturu. Nigerian...
Suicide bombers belonging to the radical Islamist sect, Boko Haram, killed 21 people in attacks on three churches in Nigeria during Sunday services, exacerbating religious tensions...
Aliko Dangote (Reuters) – Nigerian billionaire Aliko Dangote is targeting a market capitalization of US$35-40 billion for his cement company when he lists it in London...
Aliko Dangote Nigerian billionaire Aliko Dangote commissioned an expansion of his Obajana cement plant on Monday that raised its capacity to 10.25 million tonnes a year,...
A suicide car bomber detonated his explosives Sunday outside a church in central Nigeria as gunmen attacked another church in the nation’s northeast, killing at least...
Rescue officials in Nigeria said Wednesday they have ended their search for bodies in the site where an airliner crashed into a densely populated area, killing...
Rescue Workers clear plane wreckage in Lagos, Nigeria. PHOTO/Reuters/Akintunde Akinleye Mourners silently walked between rows of the dead from a plane crash in Nigeria that killed...
Rescue workers search at the site of a plane crash in Lagos, Nigeria, Monday. PHOTO/Sunday Alamba/AP A torrential downpour and strong winds prevented emergency crews from...
Firefighters try to put out the fire in Ishaga district, an outskirt of Nigeria’s commercial capital Lagos, on June 3. PHOTO/Xinhua/Tunji Obasa Emergency workers in Nigeria...
A passenger plane crashed into a two-story building in Nigeria’s largest city of Lagos on Sunday, officials said. Casualty figures were not yet known, said Lagos...
(Reuters) -The Finance Minister of Nigeria, Ngozi Okonjo-Iweala revised down the country’s growth forecasts to 6-7 percent on Wednesday, from 7-8 percent previously. “We can do...
Regulators in Nigeria have fined four mobile phone carriers a total of US$7.3 million over poor service in a nation that depends on cellular phones for...
(Reuters) –Africa Finance Corporation (AFC), a Lagos-based development financier, is considering potential investments worth US$3 billion across sub-Saharan Africa over the next year, its chief executive...
Founder and CEO of the Dangote Group., Aliko Dangote. PHOTO/File (Reuters) – Nigerian billionaire Aliko Dangote said his conglomerate needed to spend US$7.5 billion over the...
(Reuters) – Swiss-based oil firm Nimex Petroleum has been suspended by Nigeria’s fuel regulator for failing to provide documents for shipments, the company said on Wednesday,...
(Reuters) – “There’s more to life than gross domestic product (GDP),” is a favorite refrain of left-leaning social commentators and environmental activists. But when it comes...
Two motorcycle-riding suicide bombers (suspected to be members of the Boko Haram sect) drove into a convoy carrying a top police official in northeast Nigeria on...
A suicide bomber and a man armed with explosives attacked two Nigerian newspaper offices on Thursday, killing seven people and wounding at least 26. The radical...
Former JPMorgan traders Patrice Backer, left, and Papa Ndiaye head a private-equity firm in Dakar, Senegal. PHOTO/Finbarr O’Reilly/Reuters For decades, many African countries saw some of...
African middle class family in Lusaka, Zambia. PHOTO/Georgina Smith/The Guardian A growing middle class has fueled Africa’s fast-growing consumer market driving the regional economy, according to...
Nigeria’s military says five suspected members of a radical Islamist sect were killed in an explosion that struck a small town in the country’s restive northeast....
British Airways has admitted to withholding a statutory payment to Nigeria, marking a turning point in the face-off between the government of Nigeria and the foreign...
Tony Elumelu Nigerian banker and philanthropist Tony Elumelu was recently in Washington D.C., where he reiterated his belief that Africans themselves will be at the forefront...
Ngozi Okonjo-Iweala. PHOTO/Yuri Gripas/Reuters The Nigerian challenger to head the World Bank congratulated Korean-American physician Jim Yong Kim on his appointment to the post on Monday,...
French energy group Total has shut down a gas plant in southern Nigeria because of a techical fault during a drilling operation at an oil facility,...
Nigeria President., Goodluck Jonathan. PHOTO/File (Reuters) – Nigerian President Goodluck Jonathan signed the 2012 budget into law on Friday, keeping all the key figures the same...
Shell’s 100-mile-long oil slick off the Nigerian coast, 21 December 2011. PHOTO/by SkyTruth from data courtesy of the European Space Agency (Reuters) – Royal Dutch Shell...
Gunmen suspected of being members of a radical Islamist sect have killed at least four people, including a 6-year-old girl — in recent attacks in Nigeria’s...
The African Capacity Building Foundation (ACBF) as met with its African member states, as part of its continental fundraising efforts. The consultations on the fringes of...
Newspaper vendors in Senegal. PHOTO/File After 50 years of independence, the path to democracy does not follow an obvious, straight line in this region, just as...
Nigeria’s Aviation Minister., Stella Oduah Nigeria has given airlines British Airways (BA) and Virgin Atlantic 30 days to lower fares or face a ban from flying...
A spokesman for Islamist group Boko Haram has ruled out further talks with Nigeria’s government after preliminary, indirect contacts aimed at ending scores of deadly attacks....
Nigeria have lined up a prestigious friendly against Brazil in September, the Nigeria Football Federation (NFF) has confirmed. According to the NFF, the game against the...
(Reuters) – Nigeria’s government has in the last week held its first indirect peace talks with Islamist sect Boko Haram, meeting mediators to discuss a possible...
A suicide car bomber attacked a Catholic church Sunday in the middle of Mass, killing at least 10 people in the latest violence targeting a church...
(Reuters) – Nigerian authorities have detained five Islamist militants suspected of involvement in kidnapping two Westerners killed during a failed British-Nigerian rescue operation, security officials said...
South Africa apologized Thursday for a mass deportation of Nigerians, trying to contain a diplomatic spat that has again focused attention on its sometimes strained relations...
Nollywood shoot. PHOTO/Aimee Corrigan “Nollywood films allow Black people to shine” Nollywood is the third largest film industry in the world behind Hollywood and Bollywood. Nollywood...
A series of airport deportations by South African and Nigerian authorities has sparked a growing diplomatic row between the two African nations. Last week, South Africa...
Nigeria’s Arik Air said it will resume daily flights to Johannesburg Saturday, 24 hours after suspending them in protest over South Africa’s refusal to let in...
A bomb planted by an abandoned car exploded outside a church in the middle of a worship service Sunday near Nigeria’s capital, wounding five people amid...
