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Nigeria court dismisses bid to challenge election results, upholding Bola Tinubu’s victory

A Nigerian appeals court Wednesday (6 September) dismissed a petition by the opposition Labor Party challenging the legitimacy of President Bola Tinubu’s victory in the February election. The court’s judges dismissed claims made by the opposition leader, Peter Obi, who alleged voter fraud, argued that the electoral authority broke the law, and that Tinubu was […]

Libya: Report hopeful of investment increase

A quarterly report on Libya has been announced by Research and Markets with oil and gas production will be experiencing a strong recovery with the political stability yet to be assured. According to the report, the current levels of oil and gas production will surpass the pre-war levels under the Ghadaffi regime in the long […]

EBRD forecasts moderate growth rise for Tunisia and Egypt in 2025

The European Bank for Reconstruction and Development (EBRD) has adjusted Egypt’s economic growth projection upward, anticipating a 4% increase in FY2024/2025, indicating a positive recovery trajectory. Growth for FY2023/2024 was revised to 2.7%, with GDP expansion expected to reach 3.2% in 2024 and 4.5% in 2025. Inflationary pressures have moderated, with inflation declining to 25.7% […]