Nigeria

European Union scrambles to patch up relations at Africa summit

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European Union scrambles to patch up relations at Africa summit

Press play to listen to this article It is not easy to pinpoint the nadir of the EU’s great pivot to Africa. The shift in Europe’s focus was trumped with great fanfare by Commission President Ursula von der Leyen and Council President Charles Michel at the start of their mandates in December 2019. But the … Read more

Nigeria in ‘crisis’ as oil receipts plummet

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Nigeria in ‘crisis’ as oil receipts plummet

To show how badly the Nigerian economy has been hit by the coronavirus pandemic and falling oil prices, Africa’s largest oil producer this week warned of an impending recession, asked 7 billion dollars in emergency funding and abandoned an expensive oil subsidy program. Although the country of 200 million people recorded a relatively modest 254 … Read more