Nigeria government speaks on new Demographic, Health Survey

Nigeria's government says the rise will only affect 1.5 million consumers, mostly manufacturers. But analysts believe the hike will lead to higher inflation and result in job losses and closures of businesses.

A decade on, the world has largely forgotten about the Chibok girls, who were kidnapped by Nigeria's Boko Haram Islamist militants. But for victims and their families, like Solomon Maina, who is still waiting for news about his daughter, the tragedy is ongoing.

Nigeria has halved government borrowing from the central bank, Finance Minister Wale Edun told Reuters in an interview on Thursday, as Africa's biggest economy works to curb monetary financing and turn to markets to plug revenue shortfalls.