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On Tuesday, the National Bureau of Statistics gave a lot of Nigerians the news they desperately wished to hear – Nigeria is out of recession. After five consecutive quarters of negative GDP growth that started in Q1 2016, Nigeria’s economy …
Continue readingThe presidency in Benin says it will not pay the utility bills of former heads of state any more, reports the BBC. It said the former presidents living in Benin should pay their own bills using other allowances they receive.…
Continue readingTogolese authorities blocked Internet access on Thursday as opponents of President Faure Gnassingbe marched for a second day against his family’s 50-year rule.
Hundreds of protesters began marching from the opposition stronghold of Be towards a meeting in central Lome …
Continue reading… Continue readingOver 134 suicide bombings have occurred since 2009 when Boko Haram unleashed a campaign of terror on Nigeria’s northeast region. According to research by Combating Terrorism Center at West Point and Yale University, at least 244 of the 338 attacks
Africa’s two biggest economies likely emerged from recession in the second quarter but strong growth won’t show up until business confidence is restored, a Reuters poll suggested on Friday. Nigeria and South Africa have both benefited from a recovery in …
Continue readingIvory Coast’s cocoa regulator forecast the nation may lose a fifth of its cocoa crop to smuggling during the next harvest if neighboring Ghana refuses to cut payments to farmers after international prices fell, according to a person familiar with …
Continue readingThe International Monetary Fund approved a one-year extension of its credit-facility program with Ghana, lengthening the lender’s economic oversight of the West African nation which is battling to keep spending under control. The country’s Eurobonds rallied.
The extension follows after …
Continue readingThe Kenya Supreme Court on Friday declared President Uhuru Kenyatta’s election win invalid due to irregularities committed by the election board and ordered a new election within 60 days.
“The declaration (of Kenyatta’s win) is invalid, null and void,” said …
Continue readingThe Economic and Financial Crimes Commission (EFCC) has revealed that looted funds totaling over N430 billion in different currencies was recovered by the agency from January. Acting Chairman of the agency, Ibrahim Magu gave the details of the monies recovered …
Continue readingUnrealistic campaign promises are a staple in elections across the world, and nowhere has that been truer than in Ghana – until now. Last year, Accra-based IMANI Center for Policy and Education launched its 2016 IMANIFesto Campaign, which estimated the …
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