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Ghana cashes in on slave heritage tourism
In a clearing at the turnoff to Assin Manso, a billboard depicts two African slaves in loincloths, their arms and legs in chains. Beside them are the ...
Nigeria
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Nigeria to lose $9Bn in assets to engineering company in aborted gas project
A judge in London said on Friday he would grant a firm called Process and Industrial Developments Ltd (P&ID) the right to seek to seize some $9 bi...
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Nigeria’s annual inflation at 11.08% in July
Annual inflation in Nigeria stood at 11.08% in July, compared with 11.22% in June, the National Bureau of Statistics said on Friday in a report. A sep...
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Nigerian government denies fraud allegation against N-Power again
The Federal Government (FG) has again denied the fraud allegations raised against N-Power, the job creation and empowerment initiative of the Social I...
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NAIRAMETRICS: Nigeria’s food importation ban could drag the country’s economy into misery
President Muhammadu Buhari gave a new directive to the Central Bank of Nigeria (CBN) to stop providing FOREX for food importation. According to the Pr...
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Nigerian crude overhang slow to clear due to light, sweet crude in the Atlantic Basin.
Some prompt-loading Nigerian crude cleared on Tuesday but there was still an overhang of at least 25 cargoes of Nigerian grades due to the plentiful a...
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MTN Nigeria asks tribunal to rule on tax treatment of $1Bn fine
MTN Nigeria has asked a Nigerian tax tribunal to rule on whether the company should pay corporate tax on a 330 billion naira ($1.1 billion) fine, a sp...
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Despite being a $400Bn economy, Nigeria is an under-performing nation with a growing population
Nigeria’s $400 billion economy is the biggest economy in Africa. Yet, gross income inequality and poor distribution of wealth ensure that many N...
Nigerian consumer inflation falls to 11.22% in June
Annual inflation in Nigeria stood at 11.22% in June, compared with 11.40% in May, the National Bureau of Statistics said on Monday. A separate food pr...
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98 million Nigerians now living in multidimensional poverty – United Nations
The United Nations Development Programme (UNDP) says slightly over 98 million Nigerians are living in multidimensional poverty. Multidimensional pover...