23 Nigerian states exceed borrowing limits – FRC
27 September 2017 | 1:03 pm
According to Nigeria's Fiscal Responsibility Commission, 23 states in the country exceeded their borrowing limits in 2015.
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31 Oct 2020
Forbes Africa goes behind the scenes for our October edition celebrating 60 years of Nigerian Independence. Our October issue profiles NIGERIA’S NEW TYCOONS, those remarkable entrepreneurs leveraging technology to help Africa leapfrog years of economic stagnation and missed opportunities to build a new rising Africa. This month we celebrate three such tycoons, Fara Ashiru Jituboh, Iyin Aboyeji and Obi Ozor.
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
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Earlier this month, a leaked draft majority opinion suggested that the US Supreme Court was set to strike down the landmark 1973 Roe v. Wade ruling, which affirmed the legality of a woman's right to an abortion under the US Constitution. The news sparked protests in cities across the United States, with hundreds of demonstrations taking place again over the weekend. Gail Sredanovic, a member of the Raging Grannies activist organisation, joined us on Perspective to express her concerns.
40 mins ago
A man has been sentenced to over 17 years in federal prison in connection with Mac Miller's death in September 2018.
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Ethiopia has agreed a reconstruction and recovery grant with the World Bank, to be used to rebuild basic services in conflict-hit regions of the country.
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We look at reactions to the nomination of Elisabeth Borne, France's first female prime minister in 30 years. How politically strategic is Emmanuel Macron's choice? Also, British footballer Jake Daniels comes out as a gay in a historic moment and is lauded by the British press. Finally, after manterrupting and mansplaining, beware of "hepeating" – when men get credit for women's ideas!
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An annual surf competition was held at the weekend on Liberia's coast, in a fishing town that is gaining worldwide recognition for the quality of its waves.
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The fast food giant said it was leaving because of the "unpredictable operating environment" and "humanitarian" reasons. McDonald's was quick to set up shop in the Soviet Union in the waning embers of the Cold War.