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Nigeria

Nigeria

Population: 227.71m
GDP: $252.74bn
Debt: 46.6% of GDP (2024)

news from Nigeria

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Found 771 articles.

Displaying 1-10 out of 771 results.

Central bank fights to slow inflation and protect its independence

Within a year bank governor Yemi Cardoso has won a reputation for competence – despite the government’s mounting economic woes and dislike of accountability

As spiralling prices hit a 30-year high and the weakening naira triggers another round of protests and strikes due to start on 1 August, the Central Bank of Nigeria has raised its ...


Coming soon – a month of rage

The government announces a $1 billion anti-poverty programme and monitors activists as its tries to pre-empt Kenya-style protests

Sitting atop a 120-foot telecommunications mast in Abuja and threatening to jump, unemployed labourer Shuaibu Yushau refused to come down until the government addressed the economi...


Tinubu’s government braces for Kenya-style protests

As anger grows over worsening living conditions and grand corruption, state security battens down the hatches

The mass protests in Kenya which forced William Ruto’s government to scrap US$2.4 billion of tax hikes, albeit after 20 citizens lost their lives, have prompted calls for act...


Battle for presidency splits the Kano emirate

Political alliances for the 2027 elections are fuelling the contest for the traditional leadership of Kano

Two emirs are laying claim to the throne of the Kano Emirate – a 220-year-old stool. On the surface it is just a battle of two cousins but behind the scenes it is a war betwe...


Tinubu weighs politics vs competence

After a bumpy year, the President will have to sack some of his worst ministers and reshuffle others

As he prepares to mark a year in office, President Bola Ahmed Tinubu has received a scorecard from his Political Advisor, Hadiza Bala Usman, which contains an evaluation of 45 mini...


Crypto cross words

Top cryptocurrency platform Binance is accused of tax evasion, currency speculation and money laundering by Abuja

Officials in Abuja say that Binance, an online platform to trade cryptocurrencies, came close to destroying what is now only Africa's third largest economy by facilitating money la...

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Pay to get out, regulator tells oil and gas giants

As multinationals retreat from the continent, Tinubu seems keen to offer incentives to domestic firms to take over their assets

Nigeria's state petroleum authority has made an unusual offer to the oil and gas giants who now want to sell up their assets in Nigeria: quick approval for the divestment plans wil...

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HYPREP's no-shows

Ogoni activists say most of the companies contracted by the Hydrocarbon Pollution Remediation Project (HYPREP) to carry out remediation work on disastrously polluted Ogoniland have...


Cardoso plans a brave new banking world

Tough new capital requirements by the central bank will mean fewer but busier commercial banks

An improbable revolutionary, central bank governor, Olayemi Michael Cardoso, could preside over the biggest shake-up of Nigeria's financial sector for decades. His announcement las...


Displaying 1-10 out of 771 results.