Tag: Nigeria

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Nigerian court orders release or bail hearing for ex-central bank head

A Nigerian court on Monday ordered that former central bank governor Godwin Emefiele, who has been in detention for three months, be unconditionally released...

Nigeria aims to cut number of taxes to fewer than 10 – official

Nigeria is aiming to reduce the number of taxes levied by federal and state governments from more than 60 to fewer than 10, the...

Nigeria wins bid to overturn $11 bln damages for collapsed gas deal

Nigeria on Monday hailed a landmark victory after it won its bid to overturn an $11 billion damages bill for a collapsed gas project,...

China’s Xi Jinping commits to more investments in Nigeria

China's President Xi Jinping pledged on Thursday for his country to increase investments in Nigeria's power generation sector and its digital economy, the Nigerian...

Nigerian naira hits record black market low of 1,100 per dollar -abokiFx

Nigeria's naira hit a record low of 1,100 per dollar on the black market on Wednesday, online platform abokiFX showed, a day after the...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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