Anna Rosenberg, sub-Saharan Africa analyst at Frontier Strategy Group, discusses what the implications of Nigeria becoming the biggest African economy are for the country and the continent.» Read More
*Central bank raised concerns over Lawson's loans. LAGOS/ ACCRA, Oct 30- Pan-African lender Ecobank announced the departure of chairman Kolapo Lawson on Wednesday in an attempt to restore confidence after a series of blows to its reputation.
*Delivery fleet seeks to beat Lagos traffic. BERLIN, Oct 24- The online retailer Jumia, a would-be African Amazon, is betting that it can propel the continent's rising middle class consumers out of the street markets and straight onto its websites, missing out the department stores and shopping malls in between.
*Nigeria's Lagos has a GDP bigger than most African nations. LAGOS, Oct 23- A walk along the two kilometres of light rail that Lagos authorities have managed to build in three years gives a sense of how hard it is to impose order on one of Africa's most chaotic cities.
Olusegun Aganga, Nigerian minister of industry, trade and investment, says the Nigerian government has "an industrial revolution planned" as well as a "strong, robust" macro-economic background.
Africa's rapid economic growth has lured top American private equity firms to invest, including The Carlyle Group and Blackstone.
Davinder Sikand, partner at private equity firm the Abraaj Group, says that Africa's growing urbanisation and middle class will drive the continent's growth.
OPEC oil exporters agreed on Friday to leave output policy unchanged on Friday as oil held around the group's preferred level of $100 a barrel.
It is a slowdown in demand – not a U.S. shale oil revolution – that poses the biggest threat to OPEC, ministers told CNBC on Friday.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
Julian Roberts, CEO of international long-term savings group, Old Mutual, tells CNBC that they¿ve reshaped there business to drive growth in Sub Saharan Africa, where sales grew by 18 percent.
Graham Stock, chief strategist at Insparo Asset Management, talks about African growth opportunities, which sectors to tap into and how investors' perception is worse than reality.
Pravin Jamnadas Gordhan and Ngozi Okonjo-Iweala, the finance ministers of South Africa and Nigeria, discuss the impact of euro zone turmoil and a slowing China on their countries.
A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
Godwin Emefiele, CEO of Zenith Bank, tells CNBC about the banks second listing on the London Stock Exchange.
Graham Stock, chief strategist at Insparo Asset Management, tells CNBC that violence against expatriates in Nigeria doesn't change his investment strategy in the country.
Somali pirates released a Greek-owned oil tanker and 26 crew members seized 10 months ago in the Arabian Sea.
Amrita Sen, chief oil analyst at Energy Aspects Ltd, tells CNBC why increasing unrest in countries like Nigeria and Iran is starting to affect oil production and supply.
Seven foreign hostages kidnapped last month by a Nigerian Islamist group from a construction firm's compound have been killed, the Italian and Greek Foreign Ministries said.
Ruchir Sharma, managing director at Morgan Stanley Investment Management, tells CNBC that the BRIC era is now over and he is searching for new breakout nations, such as Nigeria.
Alison Diezani Madueke, Nigeria¿s oil minister tells CNBC that OPEC countries are concerned about over production over the next eighteen months.