Based on data released by the statistics office on Wednesday, Nigeria’s headline consumer inflation increased to a new 28-year high in April, reaching 33.69% year-over-year
Category: Africa
Prince Harry and Meghan worry about the mental health of Nigerians on their first visit.
On their first visit to the most populous country in Africa, Prince Harry and his wife Meghan began their journey on Friday by attending an
Nigeria’s oil regulator engages global oil consultants to carry out due diligence on assets to be divested.
The regulator stated on Friday that large oil companies that seek to withdraw from Nigeria’s onshore oil, like Exxon Mobil and Shell, can receive approval
Nigeria seeks fund managers for a $10b diaspora fund to attract forex inflows.
In order to draw foreign investment and dollar inflows into the economy, Nigeria is looking for fund managers for a proposed $10 billion diaspora fund,
The World Bank halts financing for a $150m Tanzanian tourism project, which hurt indigenous communities.
A U.S.-based rights group that has long encouraged the global lender to take such action claims that the World Bank has discontinued funding for a
Nigeria’s inflation reaches a 28-year high of 33.2% in March.
In March, Nigeria’s inflation continued to rise despite central bank rate hikes intended to slow it down, hitting a 28-year high of 33.20% in annual
Nigeria’s grid collapses within 12 days to 50MW after raising tariff by 230%.
Early on Monday, Nigeria’s groaning grid gave way for the fifth time this year, underscoring the nation’s incapacity to supply consistent electricity following the 230%
UN says high inflation and food scarcity pushed 55m people in West and Central Africa into acute hunger.
U.N. humanitarian organizations issued a warning on Friday, stating that almost 55 million people in West and Central Africa may find it difficult to feed
World Bank says Africa’s economic growth is too weak to impact poverty.
The World Bank stated in a report on Monday that while economic growth is expected to pick up in Sub-Saharan Africa over the next two
Africa faces threats to livelihoods and food security from conservation projects for carbon credits.
Matthew Walley looks out over the vast forest that has provided generations of sustenance for his Indigenous tribe in Liberia. There’s still a feeling of
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