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Nigeria's President Goodluck Jonathan formally began his re-election bid on Thursday, thanking God, his supporters and the state governors who helped raise the $130,000 nomination fee. Jonathan appeared at a brief ceremony at the headquarters of his Peoples Democratic Party (PDP), where he collected a nomination form for the PDP presidential ticket.

The Central Bank of Nigeria said it limited foreign-currency borrowings by lenders in Africa’s largest economy as it seeks to reduce their exchange risks.

The World Bank has ranked Nigeria 170th among 189 countries in terms of the ease of doing business. In a report released on Wednesday, Singapore emerged the best country in the world to do business, while Mauritius was the best in Africa with a ranking of 28. Nigeria’s ranking for 2015 is slightly better than...  [Read More...]

Lagos (AFP) - Nigeria is expected to be declared Ebola-free on Monday, just three months after fears that the virus could spread like wildfire through Africa's most populous nation.

Abuja (AFP) - Nigeria's President Goodluck Jonathan threatened legal action Thursday against a website that listed him as Africa's sixth richest head of state with a net worth of about $100 million (78 million euros).

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