Nigeria

Nigeria

Population: 156 mn.
GDP: 202.5 bn.
Debt: 5.9 bn.
Overview: The northern insurgency and protests against the abolition of the US$7 bn. fuel subsidies are rocking President Goodluck Jonathan's government. Without new social and productive investment in the north the crisis will escalate and threaten national unity. 

 

Nigeria Country Report

 


news from Nigeria

Category: all

Found 313 articles.

Displaying 71-80 out of 313 results.

  • Vol 50 No 24
  •  4th December 2009

Ailing president, procrastinating politics

The latest illness of President Umaru Musa Yar’Adua adds urgency to calls for far-reaching electoral and political reforms ahead of national elections due by early 2011. Despite mounting calls for Yar’Adua to step down on health grounds after he was spiri...

  • Vol 50 No 24
  •  4th December 2009

The opposition frontrunners

No politician in Nigeria evokes reactions as intense and sharply divided as General Muhammadu Buhari. Many people think him incorruptible and a disciplinarian and accuse him of religious or ethnic intolerance and inflexibility. This helped and hurt his st...

  • Vol 50 No 24
  •  4th December 2009

Recycled activists, new tactics

On 24 November, the Mega Summit Movement (MSM) disclosed plans to launch a Mega Party in 2010. Its three component groups had hitherto looked more like siblings squabbling over a toy.

  • Vol 50 No 23
  •  20th November 2009

The biggest reform of all

President Umaru Musa Yar’Adua’s government is trying to win support for its new oil law by offering Delta communities a stake in the business

  • Vol 50 No 23
  •  20th November 2009

Big oil and small print

The differences seem to be narrowing between the presidency and the critical stakeholders: indigenous and international oil companies, the Nigerian National Petroleum Corporation (NNPC) and the Federal Inland Revenue Service. The joint Senate committee on...

  • Vol 50 No 23
  •  20th November 2009

China's new bid for Nigerian oil

China has expressed interest in buying 49% stakes in 23 soon-to-expire oil block licences. The London Financial Times reported in September that the China National Offshore Oil Corporation was in talks to acquire stakes in fields with 6 billion barrels of...

  • Vol 50 No 22
  •  6th November 2009

Abuja buys a Delta amnesty

President Yar'Adua's government has a won a respite in the Delta, but without political reform it will remain only temporary

  • Vol 50 No 20
  •  8th October 2009

Bankable Assets

The introduction by the Central Bank of Nigeria of polymer banknotes on 1 October has been blighted by accusations that millions of pounds in illegal commissions have been paid to bank officials through offshore tax havens to secure the currency contracts...

  • Vol 50 No 19
  •  25th September 2009

Why the banks stay optimistic

Oil, gas and Africa's biggest market keep the investors interested despite the increasingly desperate politics in Abuja ahead of the 2011 elections

  • Vol 50 No 18
  •  11th September 2009

After the bank purge, back to the politics

Taken aback by the seriousness of the Central Bank’s efforts to reform the financial sector, some politicians and debtors are plotting their revenge

Displaying 71-80 out of 313 results.