The rainy season is supposed to be over in Nigeria, but on Thursday just before midnight, torrential rain and crackling lightning let loose over Benin City.
Dangote Group, owned by Africa’s richest man Aliko Dangote, opened a tomato-processing factory near Nigeria’s northern city of Kano aimed at vying for the local market with imports from China.
Respected former head of Nigeria’s Central Bank Lamido Sanusi has said the government should end its policy of trying to maintain the value of the currency, the naira.
BUA Group, one of Africa’s largest food and infrastructure conglomerates, has sold its flour business to Olam International of Singapore for $275 million.
Over seven months after he was elected, President Buhari has finally sworn in his cabinet.
A look into one of the wealthiest men on the planet, and what we can learn from his story.
Here are the 21 cabinet nominees and their states of origin submitted by Nigeria’s President Muhammadu Buhari to the Nigerian Senate for confirmation.
New dynamic markets around the globe are offering boundless opportunities. Firms are gravitating towards new markets in the south and the east, where the inflow of foreign direct investment (FDI) are resulting in returns on investment (ROI) far exceeding those of mature markets in Europe and North America.
Five years after Nigerian businessman and Arsenal fan Aliko Dangote’s offer to buy the North London club was rejected, he has been linked to them again.
Wealthy Nigerians used to travel abroad to get their fix of luxury goods. However these days, they can take a stroll around Victoria Island, an exclusive neighborhood in Lagos where brands like Porsche, Hugo Boss, and Ermenegildo Zegna line the streets.
“Few would have believed that the taciturn, austere General Buhari had a soft, smiling and sweet woman at home,” the Vanguard daily said after the former military ruler was elected Nigeria’s next president.
The drop in world oil prices is hitting the fashion-conscious women of Kano hard.
Less than two weeks from national polls, Nigeria’s ruling party is facing unprecedented shifts in the politics of religion that could spell trouble for the incumbent, President Goodluck Jonathan
Nigeria’s President Goodluck Jonathan on Wednesday took his re-election campaign to the Niger Delta, knowing that victory in the key oil region will help determine the winner of next month’s vote.
The Minister of Finance, Ngozi Okonjo-Iweala, on Wednesday took the former Central Bank of Nigeria, CBN, Chukwuma Soludo, to the cleaners over his criticism of President Goodluck Jonathan’s management of the country’s economy.
Nigeria’s Securities and Exchange Commission (SEC), on Monday, named Mounir Gwarzo as its new Acting Director General.
A day after gunmen killed 12 people at the French satirical weekly, Charlie Hebdo, in Paris on Jan. 7, Nigerian President Goodluck Jonathan issued a statement condemning the “dastardly terrorist attack.”
For the first time in Nigeria’s 16 years of democracy, there is real chance that the president could be someone other than the candidate of the People’s Democratic Party (PDP).
Nigerian designer, Zainab Ashadu, is the brains behind the Zashadu brand of designer handbags, whose modern, colorful creations use the ancient art of tanning and leather-dyeing from Northern Nigeria.
China has secured its biggest overseas engineering contract with a deal worth almost US$12 billion to build a railway in Nigeria.
Accurate market data is often hard to come by in many African countries.
Internet service provider Smile Communications has announced plans to cover 60 cities and 9 additional states in Nigeria by the end of 2015.
Nigeria is in talks with potential local and global investors to set up a national airline which is expected to launch in 2-4 years.
Nigeria’s success in stopping Ebola shows how the virus can be stamped out and is a blueprint for other developing countries at risk of the disease, according to the World Health Organization.
He was once Nigeria’s top banker.
Nigeria’s retail and wholesale trade industry has the potential to grow by 7.1% per year, and by 2030 could be the largest contributor to the country’s GDP, according to recent report by McKinsey Global Institute.
We Nigerians must deal with our fear of examining the civil war and the wrongs of the past. Biyi Bandele’s new film is a step forward.
Lamido Sanusi, Nigeria’s controversial former bank chief, has achieved a life-long ambition.
The ousted central bank governor and prominent government critic, Lamido Sanusi, has been named as the new emir of Kano in Nigeria.
The Economist magazine recently published an article on Nigeria in which it described the government of President Goodluck Ebele Jonathan (“GEJ”) as “A clueless government”.