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.
Suspected Boko Haram militants killed 18 people in northeast Nigeria on Friday, according to local witnesses and officials, the latest in an escalating number of lethal attacks in the region.
Cholera has broken out in northeast Nigeria at a camp for people displaced by the eight year conflict with Boko Haram, aid group Médecins Sans Frontières said on Thursday, bringing disease to communities already underfed and living in squalor.
Gunmen ambushed and killed four soldiers and a civilian in Nigeria's oil-rich south, local sources said Wednesday, breaking months of uneasy calm after unrest over the distribution of the country's oil revenues.
Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer Ensure Insurance in a push for growth in Africa, where many people are uninsured.
Gunmen abducted 11 people from a bus as they travelled close to Nigeria's southern oil hub Port Harcourt late on Monday, a passenger who escaped from the attack told AFP.
A Nigerian lawmaker has said that the country's President, Muhammadu Buhari is not getting accurate information about the activities of Boko Haram and its capacity to carry out attacks in parts of the West African nation.
