Vol 65 No 3 | NIGERIA Shock therapy keeps the people waiting 1st February 2024 Dollar-rich investors have reacted to President Tinubu's radical reforms by rushing to the door President Bola Tinubu's great gamble that shock therapy – ending subsidies and devaluing the naira – would bring back foreign capital and stabilise state finances isn't...
Vol 65 No 3 | NIGERIASIERRA LEONEECOWAS Anatomy of a failed coup in Freetown 29th January 2024 A band of gunmen hoped to become Africa's newest junta and couldn't muster support, but questions about the role of ex-President Koroma abound Ex-President Ernest Bai Koroma's release for 'medical treatment' in Nigeria and the backroom deal that brought it about has enraged many of President Julius Maada Bio's supporters....
Vol 65 No 3 | NIGERIA Shell leads oil majors' exit from the Niger Delta 26th January 2024 Companies accused of under-investment – arrangements on financing and liability for pollution may be contested When the British oil major Shell announced on 16 January that it would be selling its interests in 18 oil licences in shallow water and onshore Niger Delta it raised awkward questi...
DISPATCHES Vol 65 No 2 | NIGERIA Local firms protest state tactics in central bank probe 11th January 2024 Raid on Dangote Group and other companies raises 'governance questions' says manufacturers' group The ballooning investigation into illegal foreign exchange transactions at the Central Bank of Nigeria under suspended governor Godwin Emefiele is rattling local firms who argue th... READ FOR FREE
Vol 65 No 2 | NIGERIA Abductions prompt security alert 18th January 2024 The reported deaths of Nabeeha Al-Kadriyar, who was kidnapped along with 22 others in the Bwari Area of Abuja, and 13-year-old Folasade Ariyo, who was abducted alongside eleven oth...
Vol 65 No 1 | NIGERIAAFRICA IN 2024 Tinubu risks overplaying his hand 4th January 2024 Career-politician President Tinubu's espousal of business-friendly economics could cost him support this year As the President's lengthy convoy snaked its way through the bustling streets of Isale-Eko (Lagos Island), where he was to attend the last Friday prayers of the year at a mosque, t...
Vol 64 No 25 | NIGERIA Opposition left outmanoeuvred 14th December 2023 After fighting formidable presidential campaigns, Peter Obi and Atiku Abubakar have failed to follow up Whether it is the 1,400-strong Nigerian delegation to the UN COP28 climate summit in Dubai, or the supplementary budget that allocated US$35 million to items such as a presidential...
Vol 64 No 24 | NIGERIA Tinubu struggles to rebalance the budget 30th November 2023 Based on ultra-optimistic data on oil exports and tax, the President insists his market reform policies are on track The Central Bank of Nigeria's second successive postponement of a bi-monthly meeting of its influential monetary policy committee (MPC), in November, points to dissension behind t...
Vol 64 No 24 | NIGERIA Central bank’s Cardoso faces policy fight 30th November 2023 The radio silence from President Tinubu's economic reform team is unsettling financial bigwigs Mystery surrounds the failure of the Central Bank's Monetary Policy Committee (MPC) to meet since its new governor Yemi Cardoso was appointed in late September. Bankers don't like ...
Vol 64 No 24 | NIGERIA South-west bias claims weaken Tinubu's standing 27th November 2023 The President is accused of stacking the cabinet and the military with his fellow Yoruba – and the critics are getting louder The government's policy team has won plaudits internationally but at home it is struggling to reignite the economy and the burden of its reforms is hitting middle-class and poorer ...
