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Nigeria, Neighbours Forge Anti-Boko Haram Force

AFRICANGLOBE - Nigeria and its neighbours agreed on Thursday to set up a joint military force to counter Boko Haram, a sign of President Muhammadu Buhari's intent to crush the terrorist group early in his tenure.

Nigeria Investigates Crude Oil Swap Contracts

AFRICANGLOBE - The Nigerian government may be losing money through opaque contracts in which crude oil worth billions of dollars is given to traders in exchange for refined imports, mainly gasoline, international and domestic watchdogs have said.

Buhari Presidency – A New Dawn For Nigeria?

AFRICANGLOBE - President Muhammadu Buhari officially announced the appointments of only two aides so far since his inauguration in May 29 and also hinted that he was going to personally appoint people that will form his cabinet unlike the PDP style where state governors did the nominations.

General Electric To Splash 10bn On Africa Targets Nigeria’s Rail Sector

AFRICANGLOBE - General Electric (GE), a 123-year old American Conglomerate with operations in 130 countries around the world, is gearing up to further exploit the economic potentials inherent in African markets, especially Nigeria and Ethiopia.

Nigeria: ‘Petrocalypse’ And Muhammadu Buhari’s Inbox

AFRICANGLOBE - On Friday, in the vast expanse of Abuja’s Eagle Square, Muhammadu Buhari became Nigeria’s head of state for the second time. Last Friday was also Democracy Day in Nigeria, and this year there’s less irony in the term than usual; despite his dictatorial past, Buhari took charge this time with an unprecedented popular mandate.

Nigeria’s Buhari Promises To End Corruption

AFRICANGLOBE - Nigeria's new president, Muhammadu Buhari, vowed on Friday to end a deadly fighting by the Boko Haram militant group and fight corruption in Africa's largest economy.

Africa’s Oil King Shares Entrepreneurial Journey With Budding Business Owners

AFRICANGLOBE - Lawyer-turn-businessman, Wale Tinubu has grown into one of the revered faces in Africa’s oil industry. From its beginnings as a fuels marketer to becoming Nigeria’s largest non-government owned company in the energy industry, Oando is one of the many success stories coming out of Africa’s corporate space.

Northern Nigeria At A Crossroads

AFRICANGLOBE - Northern Nigeria is at a crossroads. Finally delivering the leader they have been waiting for- this year marks what many Nigerians are hoping is a new era for the country, but the north in particular. Marred by ethnic and religious conflict, and poor economic development, Nigeria’s poorest states are concentrated in the north.

‘Let’s Kick Islam & Christianity Out Of Africa’ – Interview With...

AFRICANGLOBE - I am interested in “secularizing” Africa because I believe this would benefit the continent intellectually, socially, and economically. To help advance this goal I support Kasese Humanist Primary School, and I co-launched the BiZoHa orphanage.

Why Did A Nigerian Company Pay Bill Clinton $1.4 Million For...

AFRICANGLOBE - An investigation has revealed that Nigerian newspaper THISDAY paid Bill Clinton $700,000 for a single speech - and that this occurred twice in two years. One speech was given in 2011, and one in 2012. Bill Clinton also spoke at a THISDAY event in Abeokuta, Nigeria, in February 2013.

Africa’s Race To One Trillion – And The Winner Is

AFRICANGLOBE - Between now and 2030, experts predict annual growth rates as high as 7.92% resulting in a GDP of $1.05 trillion for Africa's most populous nation, which recently held peaceful elections, revamped its gross domestic product data in 2014 and pulled ahead to become the continent's largest economy with a GDP of $469 billion.

Africa Needs $835 Billion To Fix Power Deficit

AFRICANGLOBE - Nigeria and the other countries in Africa would require more than $835 billion of capital to fix its generation, transmission and distribution plants by 2040. Besides, Nigeria needs $350 billion to provide uninterrupted power supply by 2030.

Nigeria In $20bn Nuclear Power Talks With Russia

AFRICANGLOBE - Nigeria is in talks with Russia’s Rosatom Corp. to build as many as four nuclear power plants costing about $20 billion as Africa’s biggest economy seeks to add 1,200 megawatts of capacity by the end of the decade.

How Nigeria Spent $61 Billion To Free South Africa

AFRICANGLOBE - "Fellow Nigerians guess what, we came across a photo that should remind the ignorant and ungrateful South Africans who feel the need to attack those who helped them in ways that can never be repaid. Even if the rank and file South Africans don't know, even if South African talakawas don't know, even if South African youths also don't know, it is the duty of their political leaders and their historians to tell them that Nigeria fought for their freedom and they ought not to pay Nigeria back the way they are doing."

Nigeria Will Be Africa’s Sole Representative In The Top 20 Economies...

AFRICANGLOBE - Nigeria, currently Africa’s biggest economy with a GDP of $510 billion, will be the only African country amongst the 20 largest economies in the world by 2030. This is indicated in a macro-economic projection by the US Department of Agriculture.

Anti-African Violence: Lawmaker Wants Nigerians Evacuated From South Africa

AFRICANGLOBE - The xenophobia was degenerating to Afrophobia as many Africans, including Nigerians, were being attacked from Johannesburg to Durban. “Unfortunately, there is no serious condemnation from South Africa government on this attacks, hence the need for Nigerian government to be proactive and rescue her citizens as soon as possible,’’ she said.