The on-again off-again plan to renovate the railway linking coastal Lagos to Kano in the north may formally start up this year, but questions about the validity of any contract...

Plans to sell the state-owned Nigeria Telecommunications (Nitel) have floundered after China Unicom announced it would not be contributing to the front-running New Generation Consortium comprised of China Unicom Europe, the...

Within the last week, Nigeria’s economy was confirmed as the biggest in Africa. At US$510 billion, it is well over $100 bn. bigger than South Africa’s. The first...

Nigeria's biggest ever oil licensing round this weekend will test President Olusegun Obasanjo's bold promises to fight corruption, which helped to secure a massive write-off on the country's...

Hopes for Africa’s biggest economy are yo-yoing as policy-makers argue over radical reform of the naira exchange rate and the sale of government stakes in oil and gas...