In its attempt to clean up the banks, the Central Bank of Nigeria risks sparking a crisis. It wants to deter banks and multinationals from dealing on the parallel market and blames them for the naira's fall against the US dollar. President Olusegun Obasan...
Africa's biggest privatisation so far, the US$1.3 billion deal for control of Nitel, Nigeria's state telecoms company, is unravelling. A consortium of Nigerian businesses, banks, state governments and traditional rulers won an auction last November of 51 ...
Policy failures and political ambitions lie behind the latest tragedies and threaten the government
The chief sponsor of the new party movement is Ibrahim Badamasi Babangida, the former military leader who bankrolls the United National Democratic Party (UNDP), run by the veteran Kano politician and oil tycoon Saleh Jambo. Babangida routinely insists he ...
The murder of Attorney General and veteran politician Chief Bola Ige on 23 December raises new doubts about the prospect of free elections in 2003. He was murdered at his home in Ibadan, south-west Nigeria.
Opus Dei, a secretive organisation favoured by Pope John-Paul II, hopes to sign up more followers in Africa, where only 1,500 of its 80,000 members are estimated to live. Its founder, Monsignor José Maria Escrivà de Balaguer, was born 100 years ago...
A massacre of more than 200 Tiv causes ructions in the military and the federation
The north wants to rule again but its two strongest candidates are deadly rivals
The adoption of Sharia hasn't reduced crime and corruption
North-west Nigeria, with probably more than 30 million people, is the country's most populous zone - overwhelmingly Muslim, with significant numbers of Christians only in southern Kaduna and southern Kebbi states. By December 2000, within 18 months of the...
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