November 20
Gambia: Police Arrest Nigerian for Alleged Online Fraud
The Point
The Gambia Police Force Cybercrime and Digital Forensic Unit has successfully arrested a Nigerian national in connection with a case of impersonation and online fraud. Read more »
Liberia: From U.S.$150k to U.S.$50k - Drastic Cut in National Football Budget
Liberian Investigator
The Draft National Budget for Fiscal Year 2025 proposes a sharp reduction in funding for football, allocating only US$50,000--more than a 60 percent cut from the US$150,000… Read more »
November 19
Ghana: Why Ghanaian Farmers Have Been Unable to Capitalise On Record Cocoa Prices [analysis]
The Conversation Africa
International cocoa prices have experienced a historic price surge, rising by over 300% in the space of 12 months from £2,166 per tonne of cocoa in April 2023 to £9,980… Read more »
Africa: 80% of People Without Electricity Access Live in Nigeria, Other African Nations - Report
This Day
Roughly 80 per cent of people who have no access to electricity globally live in Nigeria and other countries in sub-Saharan Africa despite a decline of the number by more than 10… Read more »
Nigeria: Tinubu Seeks National Assembly's Approval to Borrow $2.209 Billion
Premium Times
Mr Tinubu said the loan request would help to finance the deficit in the 2024 budget. Read more »
Nigeria: Tinubu Requests Senate to Approve Fresh $2.2bn External Loan
Premium Times
President Tinubu said the loan would be part of the funds that will be used to finance the N28.7 trillion 2024 Appropriation. Read more »
Nigeria: Eno Vows to Probe Power Company Over Losses, Indebtedness
Premium Times
The governor also vowed to remove the managing director of government parastatals that are not making profits. Read more »
Nigeria: Help Flush Out Perpetrators of Multiple Taxation, Director Tells CSOs
Leadership
The assistant director of the Federal Ministry of Budget and Economic Planning, Mrs Juliet Agu, has charged civil society organisations (CSOs) to collaborate with states and the… Read more »
Nigeria: Over 252,000 Jobs Created Through Housing Programme - Dangiwa
Leadership
Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has announced that over 252,000 jobs have been created through the government's housing initiatives as part of… Read more »
Nigeria: Restrain Yourself Over Kano Emirate Tussle, Minister Tells Kwankwanso
Daily Trust
The newly appointed Minister of State for Housing and Urban Development, Yusuf Abdullahi Ata, has asked the NNPP presidential candidate in the 2023 presidential election, Senator… Read more »
Nigeria: Don't Ask Consumers to Pay for Faulty Meter Replacement, NERC Warns Discos
Leadership
The Nigerian Electricity Regulatory Commission (NERC) has issued a stern warning to electricity distribution companies (DisCos) against charging customers for the replacement of… Read more »
Nigeria: Obasanjo Not Ideal Leader to Emulate, Unfit to Speak On Good Governance - Presidency
This Day
The presidency, yesterday, told former President Olusegun Obasanjo he was not the ideal leader to follow on issues of governance. Read more »
Nigeria: Wike Approves N70,000 Minimum Wage for Fcta Workers
Premium Times
Mr Wije also approved the payment of three months arrears of the new minimum wage. Read more »
Nigeria: Economy and CBN's Coordinated Strategies
This Day
The present economic challenges are undoubtedly harsh, but great efforts are being made by both the fiscal and monetary authorities to arrest the situation and stabilise the… Read more »
Nigeria: Seplat Canvasses Improved Energy Access for Economic Growth
This Day
Seplat Energy Plc, has said Nigeria's development will require significant improvements in access to energy to lower operating cost, drive job creation as well as achievement of… Read more »
Nigeria: Mban Commends Federal Government for N250bn Mortgage Fund
This Day
The Mortgage Banking Association of Nigeria (MBAN), has commended the federal government, the Minister of Finance and Coordinating Minister for the Economy, Olawale Edun and the… Read more »
Nigeria: NESG - Manufacturing, Agriculture, Others Record Declining Performance
This Day
Dike Onwuamaeze Read more »
Nigeria: Many Schools in Bayelsa Under Water - Govt Shifts Resumption Date
Vanguard
Primary and secondary schools in Bayelsa State will have to wait for another week before resuming because of extensive flooding. Read more »
Nigeria: Zenith Bank Unveils Zenith Tech Fair 4.0
Vanguard
The Fourth Edition of the Zenith Bank Tech Fair, tagged "Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives - The Impact of AI", will hold this Thursday… Read more »
Nigeria: Foreign Trade Payments in Lc Fall 146 Percent to $434.05m
Vanguard
Nigeria's foreign trade payments through Letter of Credit (LC) fell by 146.5 percent year-on-year (YoY) to $434.05 million in the first nine months of 2024 (9M'24) from $1.07… Read more »
West Africa: Nigeria's Investment Appetite Grows, Mutual Funds Up 89.5 Percent to N3.8trn
Vanguard
Nigerians' appetite for secured investment has pushed the Net Asset Value (NAV) of Mutual Funds to N3.781 trillion in the first week of this month, up 89.5 % from N1.995 trillion… Read more »
Nigeria: Economic Devpt, Rule of Law Inseparable - Justice Minister
Vanguard
The Minister of Justice and the Attorney General of the Federation, Prince Lateef Fagbemi, has said that the issue of economic development and rule of law are like Siamese twins. Read more »
Nigeria: New Tech Lab Debuts to Stimulate Growth for Nigeria's Msmes
Vanguard
At the backdrop of the challenges faced by Micro, Small and Medium Enterprises, MSMEs, in Nigeria a business development strategist, Desola Jimmy-Eboma, has set up a Small Scale… Read more »
Nigeria: Beneath the Surface - The Dark World of Illicit Tin Mining in Plateau
Premium Times
The National Bureau of Statistics (NBS) said the solid mineral sector contributed only 0.17 per cent to Nigeria's Gross Domestic Product (GDP) between 2018 and 2022. Read more »
November 18
Mali: Australian Mining Company to Pay Mali Junta $160m for Release of CEO
RFI
Australia's Resolute Mining said Monday it has struck a deal worth $160 million (€151 million) with the military government of Mali, after the company's CEO and two other… Read more »