Nigerian President Goodluck Jonathan and United Nations Secretary-General Ban Ki-moon condemned the overnight attack on a school by suspected Islamist rebels that killed at least 29 students in the northeast.
The Public Investment Corp., South Africa’s biggest fund manager, said its $270 million investment in Camac Energy Inc. has already delivered returns as the oil explorer started trading in Johannesburg.
Godwin Emefiele, President Goodluck Jonathan’s choice as Nigeria’s next central bank chief, is an experienced financier who’ll inherit an institution under extra scrutiny after his predecessor was suspended amid a corruption dispute.
The independence of Nigeria’s central bank may be the biggest casualty of President Goodluck Jonathan’s suspension of Governor Lamido Sanusi, who has worked to build policy credibility in Africa’s biggest oil producer.
Nigerian President Goodluck Jonathan suspended central bank Governor Lamido Sanusi in a surprise move that halted bond trading and sent the naira to a record low, after his accusations of missing oil revenue sparked a public outcry and criticism against the government.
Facing a crackdown by Nigeria’s army in cities, Islamist militants are targeting villages in the northeast, killing about 160 people this year in Borno state and signaling there’s no respite in their five-year-old insurgency.
As Ali Aboubacar Maiga sold red onions and potatoes in the northern Malian town of Gao, he shook his head at France’s decision to start withdrawing soldiers a year after they routed al-Qaeda-linked Islamist militants.