Video - Nigerian government urges AU to intervene after spate of attacks its citizens in South Africa

Nigeria's government is calling on the African Union to urgently intervene in the xenophobic attacks in South Africa. President Muhammadu Buhari's foreign affairs advisor maintains South African authorities aren't in control of the situation. Kelechi Emekalam has this report from Nigeria.

Video - AMCON stops several big companies from collapsing

In Nigeria, several companies ranging from banks to airlines have been saved from total collapse by the state-owned Assets Management Company -- AMCON. The latest firm AMCON has taken over is the heavily indebted Arik Air. The average life span of a Nigerian company is estimated at 10 years before they fold -- mostly due to poor management. CGTN's Kelechi Emekalam spoke to AMCON about its role in supporting Nigerian businesses at a time when the economy continues to struggle.

Video - Nigeria Central Bank to sell off $500 million to improve dollar liquidity

Nigeria's central bank will sell $500 million to help improve dollar liquidity a day after the bank effectively devalued the naira for retail currency sales. Nigeria has been running short of dollars as its oil revenues have fallen along with the price of crude. That has driven the naira to a low of 520 to the dollar on the black market, far weaker than the official inter-bank rate of 305.

Video - Nigerian Football Federation endorses Ahmad Ahmad

The Nigerian Football Federation has joined the Southern African federations in endorsing Madagascar's Ahmad Ahmad for the post of CAF President in next month's elections. African football will hold elections in Addis Ababa, with incumbent Issa Hayatou vying for an eighth term.

Vice President of Nigeria launches 60-day plan to improve business climate in Nigeria

Feb 21 Nigeria's Vice President Yemi Osinbajo has launched a 60-day action plan to improve the business climate in Africa's biggest economy struggling with recession, his office said on Tuesday.

"There are improvements which we expect to see at our ports. Improvements at our airports, improvements at the seaports, improvements in immigration visas," Osinbajo said in a statement.

Last month, President Muhammadu Buhari put Osinbajo in charge while he is on sick leave in Britain.

Reuters