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A sharp contraction in lending to businesses in the eurozone coupled with slowing money supply growth suggests the region’s fight against deflation may not be over, analysts said Thursday. Regular monthly data compiled by the European Central Bank showed…

Germany’s unemployment rate was steady in November, but the country’s much lauded “jobs miracle” could be running out of steam, analysts said Thursday. While Germany’s jobless rate — the proportion of people out of work compared with the working population…

WASHINGTON, November 28, 2013/African Press Organization (APO)/ — Press StatementJohn KerrySecretary of StateWashington, DCNovember 27, 2013On behalf of the American…

Nigeria is to revert to paper banknotes, the country’s central bank has announced, in a policy switch bucking a growing trend around the world for tougher polymer-based currency. The Central Bank of Nigeria (CBN) signed a deal in 2006 with Australia…

Gunmen in central Nigeria’s Plateau state killed 37 people in a pre-dawn raid Tuesday, the military said, the latest unrest to hit the area gripped by a decade-long sectarian conflict. “At about 2:00 am (0100 GMT) unknown gunmen carried out an attack…

A group of Nigerian state governors who defected from the ruling party on Tuesday joined a new opposition mega-party, officials said, in the latest political blow to President Goodluck Jonathan. Jonathan’s Peoples Democratic Party (PDP) has controlled…

Six men in green uniform stand in the back of a pick-up truck in northern Nigeria’s biggest city, on the look-out for prostitutes, their clients, transvestites, drunks and drug addicts. Their patrols in Kano also scout for men and women deemed to be…

Nigeria’s ruling party said on Wednesday that it was unfazed by the defection of powerful state governors to the main opposition, despite it tipping the balance of power in the run-up to elections in 2015. Seven governors first broke with President…