The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5 per cent, the highest since 2001. The CBN Governor, Godwin Emefiele, disclosed this while reading the…

The Accra Initiative countries including Ghana, Benin, Burkina Faso, Ivory Coast and Togo, on Tuesday, agreed to operationalize a multinational joint task force to curb terrorism and violent extremism in the region. This agreement was reached after two days of…

Nigeria’s former President Olusegun Obasanjo has warned the government to act fast in reducing out-of-school children or risk having potential 20 million Boko Haram members. Mr Obasanjo said this in Abuja on Tuesday while speaking at the National Summit on…

In Ghana, representatives of labor unions and the government have for the second time adjourned their meeting over the unions’ demand for an over 60 per cent base pay rise for next year. The parties met on Tuesday to continue…

Nigeria's President, Muhammadu Buhari on  Tuesday inaugurated the commercial production of crude oil and gas from the Kolmani Integrated Development Project along the boundary between Gombe and Bauchi states. The ground-breaking ceremony at the Kolmani field site will be the…

The German government says it will proceed with the gradual withdrawal of its soldiers deployed in Mali as part of the UN mission. This decision was taken at a government meeting held on Tuesday but awaits validation by the parliament.…

The trial of the jihadist attack in the Ivorian seaside town of Grand-Bassam, which killed 19 people including European nationals on March 13, 2016, will open on November 30 in Abidjan. Princea Dooko has the details.