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Nigeria’s economic growth slows in Q1 as oil sector shrinks
Growth in Nigeria’s fragile economy slowed to 2.01% in the first quarter as the country’s dominant oil sector shrank, the National Bureau of Statistic...
Nigeria
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Microsoft to spend $100m on Kenya, Nigeria tech development hub
Microsoft Corp will invest $100 million to open an Africa technology development centre with sites in Kenya and Nigeria over the next five years, the ...
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BREAKING: Nigeria’s power generation drops to 2,447MW as system collapse continues
Nigeria’s power generation has dropped by 1,682 megawatts from 4,129.2MW, data from the Nigeria Electricity System Operator, an arm of the Transmissio...
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South Africa’s unemployment rate rises to 27.6%, near 15-year high
South Africa’s unemployment rate climbed in the first quarter of 2019 as construction and financial-services firms cut positions. The unemployment rat...
It may take Nigeria 2,000 years to get adequate electricity
Professor of Chemical Engineering and recipient of the 2018 Nigerian National Order of Merit (NNOM) award, Adesoji Adesina, has warned that it may tak...
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Squeezed by US shale, Nigerian oil propped up by Asian demand
The rising tide of light U.S. shale oil has largely swept away comparable grades of Nigerian oil from American shores and is putting them under pressu...
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Nigeria’s economy not recorded improved performance – World Bank
The World Bank has categorised Nigeria among economies that have not recorded improved performance since 1995. The bank stated this in the latest edit...
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Islamic State West Africa Province – ISWAP says it killed 18 soldiers in west Africa
Jihadist group Islamic State said on Thursday it had killed 13 Nigerian soldiers and five troops from a west African anti-militant force in attacks ov...
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Nigeria’s economy is recovering, needs domestic revenue mobilization – IMF.
The International Monetary Fund (IMF) says Nigeria’s economy is recovering, but persistent structural and policy challenges continue to constrain grow...
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Two-thirds of world’s hungriest people live in Nigeria, seven other countries – UN
No fewer than 113 million people experienced high levels of food insecurity in the world’s most severe food crises in 2018, the Global Report on Food ...