Nigeria Faces Recession Risk as GDP Shrinks in First Quarter

Nigeria’s economy risks falling into recession after it shrank in the first quarter as oil output slumped and the manufacturing, financial and real estate industries declined. Gross domestic product in Africa’s largest economy contracted by 0.36 percent from a year earlier, the Abuja-based National Bureau of Statistics said in an e-mailed statement on Friday. This …

And I will execute great vengeance upon them with furious rebukes; and they shall know that I am the Lord, when I shall lay my vengeance upon them.

How to turn Nigeria into an entrepreneurship paradise

Entrepreneurship has been with us since time immemorial, this can be traced back to the time of trade by batter, Charles Anudu, Founder, Swift Network, told CNBC Africa. Anudu says Nigeria was an entrepreneurship paradise adding prospective entrepreneurs had many areas to explore for opportunities. “There are a lot of things that can be improved …

Visa on arrival for Africans in Ghana

Addis Ababa, Ethiopia – 4 March 2016: The Chairperson of the African Union Commission (AUC), Dr. Nkosazana Dlamini Zuma, has welcomed Ghana’s decision to introduce a visa-on-arrival policy for citizens of African Union Member States. The President of Ghana, H.E. John Dramani Mahama, announced the decision in his State of the Nations address to the …