The Central Bank of Nigeria has announced plans to introduce a 5,000 naira note as part of a currency restructuring exercise. Worth just over $30, and superseding the N1,000 note as the largest in circulation, outside observers may fail to see any problem with this...
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South Africa's justice minister has demanded an explanation after 270 miners were charged with the murder of their colleagues who were shot by police.The decision had "induced a sense of shock, panic and confusion" among South Africans, Jeff Radebe said.State prosecutors charged...
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Beer sales in Africa are surging because of economic and population growth, a trend rubbing against the grain of another demographic factor defining the region: intense religiosity.By almost any measure, Africa is an exceptionally devout place and the major growth area for Chris...
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Angolans are voting for a new president and parliament, in the second national elections since the country's 27-year civil war ended a decade ago.President Jose Eduardo dos Santos is expected to win another five-year term.The polls are the first held under a new constitution tha...
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Nigeria midfielder Nosa Igiebor has set his sights on winning silverware in Spain following his move to Real Betis.The 21-year-old signed from Hapoel Tel Aviv on a four-year deal last week and is eager to settle in at his new club."I'm very happy to be at Real Betis an...
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Nigerian Pirates released a Greek-operated oil tanker seized off Togo on Tuesday after stealing 3,000 tonnes of fuel from it, an official for the ship's operator said on Thursday.The seizure of MT Energy Centurion, which is operated by Golden Energy Management, underscored the g...
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New World Bank President Jim Yong Kim heads to the Ivory Coast and South Africa next week on his first trip to Africa since taking the reins of the global development lender two months ago.The visit comes at a time when African economies are among the fastest growing in the worl...
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AP is reporting that personnel records of former and current members of our top domestic spy agency, including home addresses and names of immediate family members, leaked onto the Internet in a threatening message that claimed to come from a radical Islamist sect, Boko Haram.Th...
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