Benin Arts: Back to its roots
After invading the Benin kingdom in 1897 and stealing about 4,000 artifacts belonging to Nigeria, Britain has agreed to loan us back a few of our bronze plaques for a space of three years. The Edo state government and the Benin royal court are planning to build a museum in Benin in preparation of having our treasures come back to its roots.
Cracks start to show for U.A.E. banks
Cracks are starting to show in the U.A.E. banking sector as a property and retail slump take a toll on lenders. While one of the country's smallest banks is being bailed out, problem loans are set to rise this year and lenders are exploring mergers to remain competitive.
Kogi Governor circumvented due process on the N180bn loan - Dino Melaye
Kogi Governor circumvented due process on N180bn loan - Dino Melaye
Nigerian govt. awards N10,000 loan to 2m small-scale traders
Nigerian govt. awards N10,000 loan to 2m small-scale traders.
Etisalat Nigeria talks fail
Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee after debt restructuring talks with lenders failed.
Nigerian government to sell N430bn bonds in Q1
Nigeria's Debt Management Office says it plans to sell up to 430 billion naira in local currency bonds in the first quarter of 2017.
Egypt allows currency to float in economic overhaul
Egypt allowed its currency to float freely in a bid to stabilize the nation's economy and move towards securing a $12 billion loan from the International Monetary Fund.