The Central Bank of Nigeria (CBN) has once again cautioned Nigerians to be wary of investments in cryptocurrencies, asserting that […]
NNPC: We Spend N774m Daily to subsidise Petrol
Lagos – The Nigerian National Petroleum Corporation (NNPC) said on Sunday that based on the heightened petrol consumption rate of 50 million […]
Africa’s Takeaway from the World Economic Forum
The World Economic Forum for 2018 may have come and gone, but the question that will linger remains what lessons […]
Nigeria’s Economy: Buhari Welcomes Increased Foreign Private Investments in Nigeria
President Muhammadu Buhari has welcomed the rise in foreign private investments in the country owing to the success of his […]
Oil-Rich Nigeria Fuel Scarcity Weighs on Buhari’s Popularity
Lines of cars and trucks snaking around blocks in the center of the Nigerian capital, Abuja, highlight the state’s failure […]
Commonwealth: Nigeria Could Be A Key Brexit Ally
Britain voted to exit the European Union in 2017, a decision that has now famously been termed “Brexit.” In recent […]
Nigeria Sells $2.5 Billion Eurobonds to Replace Naira Debt
Nigeria sold $2.5 billion of Eurobonds on Thursday as it sought to lower funding costs by using the notes to […]
U.S. Will Halt Crude Oil Import From Nigeria
There are indications that the United States may halt crude oil import from Nigeria by 2022, as it moves closer […]
Nigerian Stocks Among World’s Best-Performers
Nigeria’s stocks have been rated among the world’s best-performers in the past four months. Bloomberg reported on Monday that the […]
Access Bank Approves Paternity Leave For Male Employees
On Thursday, 18th of January 2017, almost every news platform was buzzing with the news of Nigeria’s Access Bank Plc’s […]
Nigeria to Start Building $5.8 Billion Power Plant in 2018
Nigeria plans to start building a $5.8 billion hydro-power plant in the eastern Mambila region this year, after it agrees […]
African Development Bank to Add $2 Billion to Nigeria Loans
Why an increased $2 Billion Loan? The African Development Bank plans to increase its loans to Nigeria by more than […]
AfricaNews.com: Nigeria dominates New African mag’s ‘100 Most Influential Africans of 2017’
The New African magazine has published its 100 Most Influential Africans of 2017. The list gives a fine blend of […]
AfricaNews.com “Aliko Dangote: Only African on Bloomberg’s ‘2017 50 Most Influential People'”
Nigerian business mogul and Africa’s richest man, Alhaji Aliko Dangote, was the only African to make the 50 Most Influential […]