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Nigeria

Emir of Kano, Muhammad Lamido Sanusi II (C), rides on a dressed camel during the Durbar festival, on the second day of Eid al-Adha celebration in Nigeria's northern city of Kano

double trouble

Nigeria’s Lamido Sanusi is dethroned for a second time

Lamido Sanusi was pushed out of the Nigerian Central Bank for calling out massive corruption. He has lost his position as Emir of Kano in similar ... circumstances.

Samuel Ogundare, CEO of Corporate Keke Guy, poses for a photo in his tricyle popularly known as 'keke' in Lagos

transport troubles

Nigeria: Lagos State introduces new fees for ride-hailing services

The Lagos State government's rumoured fees on ride-hailing services will cause increase in charges for commuters ...

talking africa podcast

Coronavirus impact: “The naira is gone. It’s just a question of when”

Are African policymakers awake to the dangers posed by the conjunction of coronavirus and current continental debt levels? ...

More Haste, Less Speed

Ghana Stock Exchange targets futures and options, dual London listings to deepen market

The Ghana Stock Exchange is working to introduce futures and options trading “in the near future” as it seeks to add to the depth of the ... market, managing director Ekow Afedzie told The Africa Report.

Construction workers at the Dangote Oil Refinery

material damage

Coronavirus to knock $4bn from Africa’s commodity revenues

As global cases of the virus have passed 80,000, a new report warns that sub-Saharan African economies could be badly hit, even if there were ... no outbreaks of the disease on the continent.

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digital drive

Nigeria: Non-interest income lifts Zenith Bank’s 2019 earnings

A key element in Zenith Bank Plc’s profit earning growth in 2019 could help the bank “fend off a potential recessionary coronavirus-induced ... economic blowback”.

Brave New World

Success of Nigeria’s demutualised stock exchange hangs on governance

Nigerian Stock Exchange members approved the demutualisation of the bourse to create a shareholder-owned company on March 3. ...

Nigeria's President Muhammadu Buhari

make safe

Buhari’s security credentials dented by feuding officials

In a scathing leaked memo from Nigeria’s Aso Rock, Buhari’s Security Adviser, Major General Babagana Monguno, attacked Chief of Staff Abba ... Kyari essentially accusing him of working against the president.

Spreading the Net

Botswana, Mauritius, Zambia first in line for Absa’s Timiza roll-out

Botswana, Mauritius and Zambia will be in the first wave of the extension of Absa’s Timiza wallet banking platform, Vimal Kumar, Absa’s CEO ... for retail & business banking and chief digital officer, told The Africa Report.

Ambassador of China in Nigeria Zhou Pingjian host a press conference on the novel coronavirus in Abuja

How Nigeria is preparing for the coronavirus

The number of reported cases and deaths of coronavirus is doubling every couple of days, and patients have now been reported from many Asian ... countries, as well as the Middle East, Europe, Australia and the US.

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