The Minister of Foreign Affairs, Chief Geoffrey Onyeama, says the Republic of Benin is not aspiring to be the 37 State of the Federal Republic of Nigeria, but only wished to be very close to Nigeria, diplomatically. The Ministry of Foreign Affairs made this disclaimer in a statement signed by its spokesperson, Mr Ferdinand Nwonye, ...

A major conduit for global money laundering and tax evasion has been blocked by a new law requiring disclosure of owners of US shell companies used to hide billions of dollars. The legislation sets penalties for not reporting a company’s beneficial owners of up to two years in jail and a $10,000 fine The Corporate ...

South Africa’s Trade and Industry Minister Ebrahim Patel on Friday urged manufacturers and farmers in the country to prepare themselves for opportunities in export markets following the launch of the African Continental Free Trade Agreement (AfCFTA). He urged them to target markets in West Africa including Nigeria (the largest single market in Africa), East Africa ...

A new and deadlier strain of the Coronavirus has hit Africa and it shows in the rising cases among a people once thought to possess some immunity against the virus. A new genetic mutation of the coronavirus was first reported in the U.K. earlier this month which is said to spread faster and has the ...

South African Eeben Barlow, the mercenary once recruited by Nigerian government to fight Boko Haram has staged a come-back with his ‘Executive Outcomes.’ Barlow is often described as a security expert with knowledge of Africa conflicts and crimes. Barlow and his private army was hired by the  Goodluck Jonathan government to help fight Boko Haram ...

More than 200 million Nigerians will slide further into poverty as the coronavirus pandemic has sent oil prices tumbling and pushed Africa’s largest economy into recession. To many in oil-rich Nigeria, Saturday’s announcement of a recession was no surprise — even the president had warned a downturn was coming. “It feels like we have been ...

Minister of State for Petroleum Resources, Timipre Sylva, said Nigerians should be proud that the country is importing petrol from Niger Republic as a way of boosting intra-regional trade. He spoke as guest on Channels Television’s Politics Today on Monday evening. Some Nigerians had expressed their displeasure at the MoU signed between Nigeria and Niger ...

The National Bureau of Statistics, NBS, has reported a second recession in five years for the Nigerian economy, this time far worse than that of 2016. The figures by NBS revealed that the economy shrank again in the third quarter of this year. The Muhammadu Buhari government has faltered on the economic front since 2015 ...

At a time Nigerian government is pampering Boko Haram terrorists cum jihadists with money and reintegration into the society, a Malian jihadist leader of the Katiba of Ansar dine du Sud, Souleymane Keita, and two other men, all accused of terrorism, were sentenced to death on by the Bamako Court of Assizes, according to judicial ...

Nigeria’s Super Eagles have dropped by three spots in the October ranking to place 32nd in the world after losing one of its international friendly match and drawing another within the period under review. In the ranking table on the website of the world football governing body on Thursday, Nigeria garnered 1488 points in the ...