Dangote to launch rice outgrower scheme in Sokoto

Here’s why Nigeria is offering eight firms $41.6 million in mining contracts

ABUJA (Reuters) - Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining...

President Ouattara dissolves Ivory Coast’s government, what you need to know

ABIDJAN (Reuters) - Ivory Coast President Alassane Ouattara dissolved the government on Wednesday, according to a statement from the presidency, amid tensions with his...

Are African teams getting the best bang for their bucks spent on the World...

Each World Cup year African football teams arrive with renewed hopes of making remarkable progress and breaking the vise grip that Europe and South America have had on this quadrennial tournament for nearly 100 years. Each time, that hope invariably implodes. That surely has to leave African teams with some critical questions.

Nigeria exit #WorldCup after loss to Argentina leaving fans heartbroken

LAGOS (Reuters) - Supporters of Nigeria’s soccer team described their heartbreak after watching the elimination of the national side from the World Cup on...

Online sports betting is booming in soccer-mad Nigeria, here’s why

In 2016, there were 14 million web payments worth a total 132 billion naira ($420 million). Transactions leapt to 29 million worth 185 billion in 2017 and in the first quarter of 2018 there were nearly 10 million worth 61 billion.

How increasing the capacity of cocoa production will benefit Ivory Coast’s economy

UPDATE 1-Ivory Coast's ICP to ramp up cocoa grinding at two plants ABIDJAN, June 22 (Reuters) - Ivory Cocoa Products (ICP) and Eurofind Group plan...

Why Nigeria might not be capable of holding free and fair elections next year

The 2019 presidential elections in Nigeria will be the country’s sixth since 1999, when it shifted to democracy after a long period of military...

Why Nigeria is open to borrowing back its plundered Benin Bronzes

The Benin haul - including thousands of metal plaques showing intricately cast scenes from court life as well as ivory and wooden carvings, all recognised treasures of African art - was split across museums in Britain, mainland Europe and as far afield as New Zealand.
R51.6 billion to fund national and provincial economic infrastructure requirements; S.A Treasury

Buhari to sign Nigeria’s 2018 budget into law, here’s what you need to know

ABUJA (Reuters) - Nigeria’s President Muhammadu Buhari will sign the 2018 budget into law on Wednesday, a presidency spokesman said. Femi Adesina, in an emailed...
Curfew imposed after 14 killed in ethnic fighting in central Nigeria

Nigeria’s inflation hits two-year low in May: Here are the country’s highest increases recorded

LAGOS (Reuters) - Annual inflation in Nigeria slowed to 11.61 percent in May, its lowest level in more than two years and its 16th...

[EXPLAINER] Child labour in Africa’s cocoa sector: Why it’s so hard to combat and...

By Simon Brayn-Smith, Global Head of Sustainability, Olam Cocoa 60% of child labour is in the agricultural sector. That’s a staggering fact made only more...

Op-Ed: Nigeria needs to become a startup nation

By Bunmi Akinyemiju While Israel raised $5.24 billion in investment in 2017, Nigeria only raised $115 million, despite having a population 20 times larger. From...
Nigeria resumes payments to former Niger Delta militants: official

Companies lining up to list on Lagos stock exchange, awakening Nigeria’s IPO market

* Nigeria set to see IPOs again * IPOs virtually dried up after a 2008 crash * Exception was oil company Seplat which listed in 2014 *...
Nigeria sells $1 bln to help clear backlog in dollar

Transparency International warns that Nigeria’s government is expanded the use of opaque ‘slush funds’

The funds, known as “security votes”, are a relic of military rule, mainly disbursed in hard cash and nominally released for dealing with unexpected security issues.

Could this be the solution to combating violent extremism in Africa?

Remote areas in poor nations need far more investment to undercut recruitment by militant armed groups, in a shift from development policies focused most on cities.

Nigeria, and the rest of the continent, are in prime position to benefit from...

Nigeria, and other markets in Africa, can replicate and support the autonomous technologies strategies developed elsewhere and customise it to suit the unique local market conditions.

AfDB’s Akinwumi Adesina: The fresh face of investment in Africa

The man behind it is on a mission with his two passions – encouraging the world to invest in Africa and getting his fellow Africans to grow food.

Why cereal maker Kellogg plans to invest $420m in Nigeria

Kellogg Co topped Wall Street forecasts for first-quarter profit and sales on Thursday.

West Africa stock exchange expects a listings boom, these are the companies likely to...

West Africa’s stock exchange, BRVM is targeting listings by the region’s telecoms firms and partnerships with international clearing houses to attract more foreign investors.

What Nigeria’s Buhari and US’s Trump stand to gain from state visit

Nigerian President Muhammadu Buhari’s visit to the Obama White House three years ago was ecstatic. By contrast, his visit this week to the Trump White House will be awkward.