Vol 53 No 13 | NIGERIAUNITED STATES Fine gesture 22nd June 2012 The United States Securities and Exchange Commission is giving ‘appropriate consideration’ to a request that it share with the victims the financial penalties (‘disgorgement’) it l...
Vol 40 No 8 | NIGERIA The $2.7 billion hole in the bank 16th April 1999 The military regime is leaving its civilian successor a mountain of dubious debts and undermining prospects for economic recovery General Olusegun Obasanjo's newly elected government starts work on 29 May. But the bright hope is dimmed by an unexpectedly grim financial legacy from the outgoing military regim...
Vol 61 No 18 | NIGERIA Building back bigger 10th September 2020 Planning to spend over 20 billion dollars on grand projects, the Buhari government is raising tariffs and tolls as well as taking on more debt Many Nigerians are disappointed that, as President Muhammadu Buhari is a year into his second term, he has not done more to halt the scourge of corrupt trading deals and build up n...
Vol 50 No 16 | NIGERIA Inside Boko Haram 7th August 2009 The late Ustaz Mohammed Yusuf's Boko Haram group had about 2,000 members, some of whom had first attacked police stations in 2003. The group's rhetoric grew increasingly violent, s...
Vol 62 No 19 | NIGERIA State taxes boost devolution 23rd September 2021 A push for regional states to collect and spend their own VAT is gathering steam, as Lagos passes its own new tax law Nigeria's Supreme Court is set to rule on the right of states to individually collect and spend value-added taxes in their domain in a landmark case that could dramatically alter t...
