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New data has revealed that Nigeria has overtaken South Africa as the continent’s largest economy after a rebasing calculation nearly doubled its GDP.
Nigerian President Goodluck Jonathan on Wednesday declared his intention to run in January elections on social networking site Facebook.
Standard Bank has expressed an interest in buying one of the nine Nigerian banks rescued by the West African country’s central bank last year.
Nigeria’s central bank governor did not follow due process in removing the heads of five banks, a lawyer for one of the sacked CEOs said on Monday.
