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Nigeria

Nigeria

Population: 227.71m
GDP: $199.72bn
Debt: 50.68% of GDP (2024)

news from Nigeria

Category: all

Found 830 articles.

Displaying 31 results from 2007 (out of 830 total).

Bringing it all back home

Asian buyers face tough competition from local bidders as Shell sells a big stake in its oil business

China has a new competitor for oil resources in Nigeria, according to company leaks and media reports. Royal Dutch/Shell is understood to be looking to sell a 49.8% stake in...


New order, new deals

Asian companies face new rules and new relationships in Africa’s most prolific but politically complex oil producer

Reforms in Nigeria’s oil sector, promised by Minister of State for Oil Odein Ajumogobia, will mean that some of the multibillion dollar deals with Asian companies will be reviewed...


See you in court

Judges are regaining confidence and striking out faked elections, right up to the top

The paradox at the heart of Nigeria's latest political drama is that President Umaru Musa Yar'Adua credibly presents himself as a politician who is serious about reinstating the...


The oil governor under arrest

Ibori incarcerated after investigation

Former Governor of Delta State James Ibori was arrested in the early hours of 12 December by officials from the Economic and Financial Crimes Commission (EFCC) who have...


All come to the aid of the party – and fight it out

All the rival factions in the governing People’s Democratic Party hope to benefit from the postponement of its critical national convention, which has been rescheduled to January. Who wins out at the convention will determine the shape of the government for the next four years. The key issues are control of senior positions within the PDP hierarchy and the party’s support for political reform.

Power-brokers on all sides in Abuja seem encouraged by the surprise announcement by the Independent National Electoral Commission on 8 November that the People's Democratic Party convention would...


Which rules? Whose laws?

President Yar’Adua’s call for the rule of law could have unexpected consequences

It has been a good week for the many Nigerians who like reversals of fortunes. On 30 October, the free-spending Speaker of the House of Representatives, Patricia Etteh,...


Godfathers, the sequel

President Umaru Musa Yar’Adua talks about the rule of law while his own party remains populated by politicians and godfathers widely suspected of corruption, electoral fraud and violence....


Renaissance woman

Renaissance Capital has a new Chairperson for its advisory committees on Nigeria and Africa. The World Bank has a new Managing Director. And both institutions have secured the...


A tale of two cities

Amid growing mayhem in the Niger Delta President Yar'Adua has started to restructure the country's oil business

It has been the worst of times in the oil capital of Port Harcourt in the 100 days since President Umaru Musa Yar'Adua was elected. And it has...


Gas project haunts politicians

New developments in the investigations into Nigeria's $US10 billion liquefied natural gas (LNG) export project on Bonny Island could have serious political ramifications in Washington and Abuja. Britain's...


Making haste slowly

President Yar'Adua shows he is prepared to make sweeping changes – even if the pace of decision-making remains slow

Essentially, the new presidency started last week. President Umaru Musa Yar’Adua appointed his cabinet on 26 July and followed this four days later with a sweeping shake-up of...


The new man in Abuja

Vested interests in the police and political class are already trying to block President Umaru Yar'Adua's reform efforts

At a subdued and well guarded inauguration ceremony in Abuja's Eagle Square parade ground on 29 May, President Umaru Musa Yar'Adua talked about reforming Nigeria's rotten political system....


Champagne in the Delta

At Government House in Port Harcourt last week, waiters scurried around pouring bottles of Cristal champagne as a white jacketed crooner sang Frank Sinatra's 'My way' in honour...


Russian roulette

The shooting dead of a Nigerian driver and kidnapping of six Russians from their compound in Ikot Abasi, Akwa Ibom, looks like an escalation in a complex feud...


A troubled transition

The incoming government faces political road blocks as it tries to tackle the crises in electric power supply and the Niger Delta

The gulf between the aspirations of the new political team under President-elect Umaru Musa Yar'Adua and the consequences of last month's disastrous elections is widening dangerously. Many around...


Giant steps

Mallam Nasir el-Rufai's student friends called him 'Giant'; he stands some five foot seven inches tall. These days he is more commonly known as 'Bulldozer', because of his...


The dealmaking begins

The victorious People's Democratic Party wants to co-opt enough dissenters to put the rigged election furore behind it

Time is pressing President-elect Umaru Yar'Adua ahead of the planned inauguration on 29 May. By then, he will have to put together his government transition team from the...


The men from the south

Bayelsa State's head of security, Bola Igali, barked orders into his mobile phone. 'We have a security situation developing,' he told Africa Confidential, breaking off the interview. Shooting...


Yar'Adua prepares for power

If the PDP juggernaut trounces the opposition, the new government will have the shortest of breaks before the pressure starts mounting

Failing a cataclysmic reversal in the next week, President Olusegun Obasanjo's governing People's Democratic Party is likely to chalk up another victory at the state and federal elections...


Too many parties spoil the polls

Opposition to the governing People's Democratic Party (PDP) is split between 24 different parties, most of which cannot even dream of winning a governorship, much less the Presidency.


Table

Key states in Nigeria's gubernatorial and presidential elections

We examine the main contestants and predict the probable winners of the elections


The grudge match goes on

Facing multiple corruption charges, Vice-President Abubakar accuses President Obasanjo of electoral sabotage

Vice-President Atiku Abubakar insists that he remains a candidate in April's presidential elections despite what he describes as 'every effort to destroy' him. Behind that campaign is President...


Indictments, then elections

If Atiku Abubakar has been correctly indicted for embezzlement, he is not eligible to stand as a candidate in April's presidential elections. Section 137 (i) of the Nigerian...


Party pieces

Feuding factions in the governing PDP jostle for jobs, and no prosecutions, before the elections

Voters are less worried about the upcoming elections than the would-be candidates, now battling for territory before the campaign proper starts later this month. On 29 January, the...


Buhari's election headlines

Another former military ruler dons a baba riga to run for the presidency and campaign for more accountability

As he elegantly stretches out in a rented Mayfair apartment and insists on discussing 'policy issues not personalities', it is easy to forget that General Muhamadu Buhari headed...


Bond breakthrough

Some might consider it risky for a Nigerian bank to issue a US$300 million Eurobond on the international capital markets for the first time - just three months...


Tafidan's ghost

The three main candidates in April's presidential elections all have close ties to Katsina's late kingmaker Shehu Musa Yar'Adua

General Shehu Musa Yar'Adua's shadow looms large over Nigeria's April presidential elections. Soldier-turned-politician Yar'Adua died in gaol nine years ago on trumped up charges of coup-plotting against the...


New Year election blues

The three main parties all have their candidates, with Vice-President Atiku Abubakar the last to take a running mate in the shape of former Anambra State Deputy Governor,...


Displaying 31 results from 2007 (out of 830 total).