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Nigeria

Nigeria

Population: 185.98 mn.
GDP: $404.65 bn.
Debt: $31.15 bn.

news from Nigeria

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Found 551 articles.

Displaying 111-120 out of 551 results.

Economy billowing, politics floundering

Rip-roaring growth, youth unemployment and deepening schisms in the political class will make for an eventful year before the 2015 elections

With some 170 million people, 250 different languages and an economy about to overtake South Africa’s as the continent’s biggest, Nigeria is in many ways a symbol for t...

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Construction boom ahead

Nigeria's state-backed mortgage provider FMBN is in talks with two Chinese financial institutions about a US$6 bn. loan for new housing

With the national population reaching 174 million this year, the the Federal Mortgage Bank of Nigeria estimates the housing deficit at 17 mn. units. However, talks led by the FMBN ...


Presidential letter bombs

Private letters to President Jonathan from General Obasanjo and Bank Governor Sanusi warn of deepening financial and political threats

The leaking this week of two damning letters to President Goodluck Jonathan was surely no coincidence and fires a powerful broadside against his government and his plans to run for...


The fire in Jonathan's backyard

Piracy, oil theft and sectional rivalries are spinning out of control in the Delta, the political heartland of President Jonathan

The idea that choosing a President and a Petroleum Minister from the Niger Delta would be the best way to tackle the crisis in the oil and gas industry is being severely tested. Fo...


Small earthquake, President slightly hurt

Disarray and defections are undermining the governing party and the President but don’t yet put the opposition clearly in the lead

The defection of five state governors from his party to the new opposition alliance on 26 November can hardly have surprised President Goodluck Jonathan, who has been procrastinati...

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Economic giants change places

New trends in trade and finance will change political as well as economic ties on the continent

In the coming weeks, some statisticians in Abuja could shake up Africa’s economic and diplomatic hierarchy. The boffins look set to chart the rise of Nigeria’s economy ...

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Politics versus the budget

Promises of a ten per cent cut in state spending at the start of the election campaign defy political gravity

No official reason was given for the postponement of President Goodluck Jonathan's budget speech to the National Assembly, to 19 November. But it is safe bet to assume that last-mi...


Anambra kicks off the race

The governorship election in Anambra State on 16 November will kick off the race for the national polls in 2015, even if the formal opening may be six months away. Most importantly...


Jonathan’s dialogue plan outflanks rebels

As the political class gets drawn into presidential plans for a national conference, the rebel state governors are running out of options

It has taken six weeks for President Goodluck Jonathan to regain the political initiative after seven state governors walked out of his party’s national conference at the end...

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Displaying 111-120 out of 551 results.