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Nigerian Economy is Doing Well – Okonjo-Iweala

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AFRICANGLOBE - Nigeria's economy was strong, stable and growing at 6.75 % GDP, which had been recognised by international rating agencies such as Fitch and Standard and Poor that upgraded Nigeria's rating at a time many developed economies were being downgraded.

Korea to Invest U.S.$30 Billion in Nigeria’s Power Sector

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AFRICANGLOBE - Nigeria's federal government on Friday signed a Memorandum of Understanding (MoU) with HQMC of Korea. The company committed to invest $30 billion in...

The Federal Conspiracy to Kill Martin Luther King: Not a Theory...

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AFRICANGLOBE - Should the United States government be allowed to assassinate its own citizens? That question was in the air briefly not long ago. On April 4, 1968, the government was part of a successful conspiracy to assassinate the Rev. Dr. Martin Luther King, Jr.

Muslim Terrorists Kill Dozens of Nigerians In Kano Suicide Bombing

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AFRICANGLOBE - After a short lull, suicide bombers struck in Kano, Nigeria on Monday, leaving scores of people dead and several injured. Although the official figures of those killed and injured in the explosions could not be obtained, other sources put the death toll at between 25 and 60.

Nigeria’s Economy Is Strong’, FG Replies Bill Clinton

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AFRICANGLOBE - Nigeria's Minister of Finance, Dr. Ngozi Okonjo Iweala, has replied to critics of the Nigerian economy, saying the economy is buoyant and strong. Okonjo-Iweala, in a message put on social media, yesterday, dismissed reports of the poor performance of the economy and the management of the excess crude revenue.

Bring In National Guard to Stop Violence – Hanore

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AFRICANGLOBE - Russel L. Honore, the tough-talking lieutenant general who shot to fame when he swept into New Orleans as a dominating presence in the wake of Hurricane Katrina, offered some advice to Chicago to tame the violence plaguing the city and its young people: Bring in the National Guard.

Nigerian Govt Sign $1Billion Plant Deal With General Electric

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AFRICANGLOBE - The Federal Government and General Electric (GE) Company of the United States Thursrday sealed a $1 billion (N158 billion) investment deal on the establishment of a new manufacturing and assembly facility in Calabar, the Cross River State capital.

Nigeria Optimistic About Foreign Investment

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AFRICANGLOBE - Nigeria's federal government has disclosed that many companies across the globe have indicated an interest in investing in the country to the tune of N8.5 trillion. The country's Minister of Trade and Investment, Mr. Olusegun Aganga, who briefed State House correspondents alongside his Environment counterpart, Hajia Hadiza Mailafia as well as Presidential spokesman, Dr Reuben Abati, at the end of the Federal Executive Council (FEC) meeting presided over by President Goodluck Jonathan yesterday, said that the investment commitments were from reputable international firms.

Black Conservatives Hope Supreme Court Drops Black Voter Protections

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AFRICANGLOBE - As part of the Voting Rights Act of 1965 comes up for challenge this year before the Supreme Court, a group of Black conservatives is fervently hoping that the court strips away the protection the federal government has given African-Americans in certain regions of the country that have a discriminatory past.

Nigeria Sends Air Force Team, Commander to Mali

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AFRICANGLOBE - Nigeria's federal Government has sent an air force technical team and the commander of a planned African-led force to Mali to assist the country's military as it battles Arab terrorists, a presidency spokesman said Saturday.

Nigeria Hopes On Industralisation As WEMPCO Test Run Steel Plant

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AFRICANGLOBE - The Federal Government of Nigeria has reinstated its commitment to support growth of the steel industry as Western Metal Products Company Limited...

Nigeria Records U.S.$35.44 Billion Forex Inflow

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AFRICANGLOBE - The Central Bank of Nigeria (CBN) has disclosed that a total forex inflow of $35.44 billion was realised by the country as...

African American Farmers File Lawsuit Against Discrimination

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AFRICANGLOBE - Some African American farmers in Alabama say they are still facing discrimination with the federal government. About a half dozen farmers held a...

Jesse Jackson Jr. Resigning, Expected to Plead Guilty to Misuse of...

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A former U.S. attorney representing embattled Congressman Jesse Jackson Jr. is negotiating a plea deal with the federal government, according to reports. The plea deal...

Nigerian Govt Pledge to Boost ICT Sector With 15 Billion Investment

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Nigeria's ICT sector is set for a big boost as the Federal Government has pledged that the investment profile of the sector will be...

U.S. Supreme Court May Strike Down Affirmative Action

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The Obama Administration on Monday urged the Supreme Court to uphold the use of race in the University of Texas’s college admissions process, saying...
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