Abuja bomb blast kills at least 35 Nigerians, more feared dead

By Isaac Abrak and Camillus Eboh ABUJA (Reuters) – A bomb at a crowded bus station on the outskirts of Abuja killed at least 35 people during rush hour on Monday morning, witnesses said, the first such attack near the Nigerian capital for two years. Body parts and blood were strewn across the station and an unruly crowd … Read more

SA drops to Africa’s #2, Nigeria’s rebasing puts its GDP 34% bigger at $500bn

It’s been rumoured for a while, but now South Africa’s under-performing economy has been given its coldest possible shower with news that not only has Nigeria’s GDP surpassed SA’s, but there’s daylight between the two. Nigeria’s rebased GDP is a touch above $500bn, a full one third bigger than SA’s $370bn. With Nigeria’s GDP growing … Read more