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Nigeria

Nigeria

Population: 213.4m
GDP: $440.8bn
Debt: 38.6% of GDP (2023 forecast)

news from Nigeria

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Found 761 articles.

Displaying 61-70 out of 761 results.

Shell takes hard line on oil-spill case

The latest round of litigation on pollution in the Niger Delta sees Shell digging in its heels and denying any legal responsibility

The London-based law firm Leigh Day is pushing ahead with a case in the London High Court on behalf of members of the Ogale and Bille communities in the Niger Delta who are demandi...


Economic woes test voter loyalties

Facing chronic fuel shortages and a contentious reissue of the national currency, politicians search for targets to blame

The country's economic emergency in all its facets – chronic fuel shortage, protests against a politicised redesign and reissue of the naira, and the threat of ballooning national ...


Obi rules at Chatham House

Of Nigeria's presidential candidates so far to set out their stall at London's Chatham House think tank, the Labour Party's Peter Obi easily won on points on 16 January. The other ...


Election noise louder but signals weaker

Cash-fuelled presidential campaigning dominates politics as economy falters and security frays

Presidential and national assembly elections on 25 February presage sweeping changes. Among 11 million new voters, most of them aged between 18 and 34, many are frustrated with wha...


It takes more than new banknotes…

Abuja is struggling with slowing growth and spiralling debt demands, and a new plan to replace old banknotes looks set to create further chaos

Ahead of February's election Nigeria's economy is flagging. Usually, governments can rely on help from their supporters for a pre-election boost, but this time it is different. Rea...

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Grim outlook for the new president

Central Bank of Nigeria governor Emefiele insists that his interest rate hikes are controlling inflation but a new president will face greater challenges

The Central Bank of Nigeria's monetary policy committee (MPC) faces tough choices as the year-on-year inflation rate has reached 21%. Food price inflation is even higher, at 23.7%....

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Contractors who clean up

With no accounts or tenders published, disquiet continues to grow over the companies HYPREP has contracted for remediation work

Concerns over the Hydrocarbon Pollution Remediation Project (HYPREP) are growing among Ogoni activists and politicians and civil society organisations against pollution, backing th...


HYPREP twists UNEP's arm

Nigeria has enlisted its former Environment Minister to keep UNEP on board while doubts on remediation contractors increase

Nigerian officialdom is doing its best to prevent the United Nations Environment Programme (UNEP) severing its consultancy with the Hydrocarbon Pollution Remediation Project (HYPRE...


Spend, spend, spend

Government borrowing has been soaring, and loans from the central bank are many times over the statutory limit

Lower tax revenues due to plummeting recorded crude oil output, coupled with several expansionary budgets, mean that Nigerian government borrowing has been rocketing as the country...


Displaying 61-70 out of 761 results.