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‘Massive’ infrastructure spending needed in Africa – report

Economic growth in Africa picked up steam last year and is set to accelerate strongly in 2018, but "massive investments" are needed in infrastructure, the African Development Bank (ADB) said on Wednesday.

UN predicts 3.5% economic growth for Africa

Africa is expected to see a recovery in Gross Domestic Product (GDP) growth from its present 3.0 per cent to 3.5 per cent in 2018.

Nigeria’s economy will do better in 2018 – Senator Udoma

The Minster of Budget & National Planning, Senator Udoma Udo Udoma, has said that Nigeria’s economic outlook for 2018 is looking positive due to the huge potentials available as a result of the various initiatives by government to sustain growth since its exit from recession.

Nigeria’s GDP to grow by 2.5% in 2018 – World Bank

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade.

Federal govt to create one million jobs through eggs production – Audu Ogbeh

The Federal Government said on Tuesday egg production, processing and marketing could create no fewer than one million jobs through its National Egg Production (NEGPRO) Scheme.

Congo university strike ends after four months

A four-month strike at Republic of Congo's sole public university ended on Monday with staff resuming work after being paid arrears for three months and agreeing to further negotiations over unpaid wages.

Federal govt pledges to resuscitate Edo industrial centre

The Federal Government on Monday pledged to resuscitate the Industrial Development Centre (IDC) in Edo to support Medium and Small Enterprises, as well as promote made in Nigeria goods in the state.

ICRC to collaborate with Shippers’ Council on dry ports’ funding

The Infrastructure Concession and Regulatory Commission, ICRC, is to collaborate with the Nigerian Shippers’ Council, NSC, to make Inland Dry Ports (IDPs) bankable and be attractive to more concessionaires.

2018: LCCI forecasts 3-4% GDP growth, 13% inflation rate

The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per cent for 2018.

LCCI predicts 4 per cent GDP growth for 2018

The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per cent for 2018.

Poultry farmers proffer solution to unemployment in agric sector

Poultry farmers in Abuja have called on the Federal Government to review the nation’s policy on exportation of agricultural raw materials to create employment opportunities for youths in the sector.

Recurrent burden, dwindling revenue make full capital budget implementation impossible – minister

The Minister of Budget and National Planning, Udoma Udo Udoma, has explained that the federal government had been unable to achieve full implementation of the 30 per cent capital components of the 2016 and 2017 budgets because of high recurrent burden and dwindling revenue.

Nigeria’s labour population up to 85m – NBS

The National Bureau of Statistics (NBS) says the country’s labour population increased from 83.9 million in the second quarter to 85.1 million in the third quarter of 2017.

Africa to account for half of global labour force by 2030 – IMF chief Christine...

The Managing Director, International Monetary Fund (IMF), Ms Christine Lagarde, says by 2030, over half of new workers entering the global labour force will come from Africa.

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Federal govt sues JP Morgan for $875 million over Malabu oil deal

Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister.

JAMB directs all institutions to end 2017 admissions by January 25

The Joint Admissions and Matriculation Board, JAMB, has directed all tertiary institutions to end their 2017 admission by January 25.

Katsina govt increases corps members’ welfare package by 200 percent

The Katsina State Government has increased the welfare budget for National Youths Service Corps (NYSC) members deployed to the state by about 200 per cent.

Suspected armed robbers attack Katsina supermarket, kill policeman

Gunmen suspected to be armed robbers on Wednesday night attacked a supermarket in Katsina, killing a police officer, Ibrahim Batsari.

​​National Economic Council approves 10-member committee on herdsmen/farmers conflicts

The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo on Thursday approved 10-member working committee on the herdsmen/farmers conflicts in the country.

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Nigerian Army takes delivery of Innoson vehicles

To make good on its promise, the Nigerian Army has started taking delivery of some of the vehicles it has ordered from Innoson Motor Manufacturing Company, a local vehicle manufacturer, which the Army has configured fit for deployment for its counterterrorism Operation Lafiya Dole.

Mary J. Blige gets a star in Hall of Fame

Grammy-winning soul singer Mary J. Blige — who has earned critical acclaim and award nominations for her acting debut in last year’s “Mudbound” — celebrated her 47th birthday Thursday by getting a star on the Hollywood Walk of Fame.

PDP lawmakers stop Ebonyi Senator from defecting to APC

Senator representing Ebonyi south, Sonni Ogbuoji, was stopped from defecting to the All Progressives Congress (APC) on Wednesday.

I’m going to be Everton’s new Romelu Lukaku – Cenk Tosun

Everton striker Cenk Tosun has pledged that he will become the Goodison Park side’s new Romelu Lukaku.

Opera launches AI-powered news app in Africa

Opera Software has launched Artificial Intelligent powered-app which enables people to access their favourite news articles and hottest trending videos.