Nigeria drops out of top 10 investment destinations in Africa
By CNBC
19 September 2017 |
3:33 pm
Nigeria has dropped out of the top 10 places to invest in Africa according to Rand Merchant Bank's 'where to invest in Africa' list.
In this article
Related
29 Oct 2021
The World Food Programme says it urgently needs funds or it may have to cut food rations to more than 500,000 people in Nigeria's conflict-ravaged north-east.
28 Oct 2021
Nigerian's in UAE are facing harsher times as restriction on work permits bites harder. Some of them spoke exclusively to The Guardian about what led to the current situation.
5 Nov 2021
91 illegal migrants from Nigeria are being repatriated back to their home country, in what security officials say is a voluntary return from Libya's International Misrata Airport to the Nigerian capital Niamey.
5 Nov 2021
Nigeria has secured a new set of military gear and they are massive. The Nigerian Army recently unveiled 60 new VP1 Type Tracked Armoured Personnel Carriers to expand it armory.
11 Nov 2021
Golf is a club-and-ball game in which players use various clubs to hit balls into a series of holes on a course. The sport dates as far back as the 15th century and it is one of the most popular outdoor games around the world.
Even though the game is not really popular in mainstream Nigeria, it has often been regarded as a male and elite sport, but this set of women are changing the narrative, to them, golf is more than just a game. Some female golfers took out time to share their experiences playing a sport that is mostly dominated by men.
15 Nov 2021
Nigeria’s Foreign Minister Geoffrey Onyeama told FRANCE 24 that recent coups in West Africa are undermining democracy and that events have reached a crucial juncture for the Economic Community of West African States (ECOWAS) regional bloc. “Clearly it is a threat, it is an unfortunate precedent,” he said.
18 Nov 2021
A fact-checking media in Mali has identified false claims of child harvesting in Nigeria – so-called "baby factories". The claim that the images in question are recent is bogus, but a real phenomenon of child harvesting does exist in Nigeria. Also, a Canadian media dramatically claimed that the wife of Pfizer's CEO died due to the Covid-19 vaccine. In fact, she is alive and well.
26 Nov
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
27 Nov
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
4 Dec
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
7 Dec
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
8 Dec
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
Latest
3 hours ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
4 hours ago
After a White supremacist killed 10 Black residents of Buffalo, New York, various op-ed pieces in major American newspapers show that both Republicans and Democrats are accused of exploiting racial violence for political gain. We also take a look at Democratic candidate John Fetterman's landslide victory in a Senate primary election in Pennsylvania. We end with a public service announcement on the dangers of popping champagne (or prosecco) after shaking the bottle!
4 hours ago
Japan's GDP fell at an annualised rate of 1 percent in the first three months of this year as the Omicron variant of the coronavirus hampered consumer spending. Rising commodity prices also weighed on businesses in the world's third-largest economy. Plus, as unemployment remains stable in France at 7.3 percent, a steelworks factory in the northern city of Dunkirk is offering a cash bonus to employees to encourage them to recruit family members.
9 hours ago
A renounced Al Jazeera journalist was killed last week during an Israeli raid in the West Bank. Shireen Abu Akhleh was wearing a flak jacket with the word "press" clearly marked. Israelis and Palestinians have traded blame over who fired the fatal shot, while Israel has opened an investigation into heavy-handed police tactics used during Abu Akleh's funeral procession, which almost caused her coffin to fall to the ground. We get analysis with Sherif Mansour, Middle East and North Africa Program Coordinator at the Committee to Protect Journalists.
9 hours ago
In a UN Security Council briefing, Jeanine Hennis-Plasschaert said the streets in Iraq could "boil over" if political leaders were unable to end a political stalemate that has gripped the country for over seven months.
11 hours ago
As the 75th Cannes Film Festival gets underway, FRANCE 24's Olivia Salazar-Winspear brings us a glimpse of what its opening ceremony will involve, including a Palme d’Honneur for Forest Whitaker. We also take a look at the composition of this year’s jury, with French actor Vincent Lindon shepherding an artistic team who'll assess the features competing for the Palme d’Or. Plus we get a preview of the opening film "Final Cut", in which director Michel Hazanavicius declares his love for genre movies in a lighthearted French parody of a zombie horror slasher.