One of the clearest signs that Egypt is starting to reap the economic benefits of a currency float more than three years ago came last week. Nigeria, which took a different path when faced with similar problems, is still struggling. … read more
Odion Ighalo scored the only goal as Nigeria beat Tunisia in the third-place play-off at the Africa Cup of Nations. Ighalo, the tournament’s top scorer with five goals, tapped in after keeper Moez Ben Cherifia deflected the ball off his … read more
Officials from Eni sought to convince a witness, a former Eni manager, to withdraw some statements he made during investigations into a Nigerian corruption case involving the Italian oil group, a court heard on Wednesday. Prosecutor Fabio De Pasquale made … read more
Former Nigeria President Olusegun Obasanjo has asked President Muhammadu Buhari to convene a national forum to discuss the run-away insecurity in the country. The insecurity has for the past decade manifested itself in retaliatory attacks between the Fulani herdsmen and … read more
Nigeria has secured a US$100-million loan from the Export-Import Bank of India that will be used to deploy solar-powered telecommunication sites and extend national broadband coverage. At least 1000 sites will be installed across rural areas in Nigeria, beginning with … read more
Nigerian pirates have taken hostage ten Turkish sailors after attacking their cargo vessel off the coast of Nigeria in the latest attack to hit the Gulf of Guinea. Shipping company Kadioglu Denizcilik said its ship, the Paksoy-1, was attacked in … read more
Monkeypox is caused by the monkeypox virus, a member of the same family of viruses as smallpox, although it is much less severe and experts say chances of infection are low. This is the first time the disease has been … read more
Since 2017, Nigeria has been experiencing the largest documented outbreak of human monkeypox caused by the West African clade of the virus, with some evidence of secondary human-to-human transmission, according to a newly published clinical and epidemiological report. More than … read more
Can Lagos hold back the waves? Sprawled around a lagoon, Nigeria’s frenetic economic capital faces a threat from the Atlantic on its doorstep. The ocean has pounded the soft, sandy shoreline on a timescale far surpassing human history—but now its … read more
Nigeria unveiled another set of measures aimed at forcing lenders to extend more credit in an effort to revive economic growth, this time cutting the amount of money companies can keep in interest-bearing accounts at the central bank. Banks will … read more