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Nigeria

Nigeria

Population: 190.89 mn.
GDP: $375.77 bn.
Debt: $40.24 bn.

news from Nigeria

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Found 586 articles.

Displaying 191-200 out of 586 results.

Financial faultlines

Rising oil theft, the insurgency in the North and fuel subsidy fraud make it hard for the government to survive unless it agrees to hard-hitting reforms

So far, those blocking reform are winning hands down in the running battles with reformers in the government. Yet their victory could prove to be a hollow one if they bankrupt the ...


Dazzling statistics

The government’s financing gap is opening up and the reformers are being blocked but the investors keep on coming

Which are the more stunning figures? The billions of dollars of investment sluicing into Nigeria despite its deepening security crisis? Or the billions of dollars of oil and gas re...


Turning security upside down

A new political strategy would be more use in the fight against Boko Haram than sacking officials

The latest wave of attacks on churches, police stations and even building workers across northern Nigeria seems to be the insurgents’ response to President Goodluck Jonathan’s sack...


Fine gesture

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...


Fuel fraud fans public anger

Jonathan has to choose between penalising his friends and the final collapse of his government’s credibility over the fuel subsidy racket

The belated announcement by President Goodluck Jonathan on 22 May that he wants the Economic and Financial Crimes Commission to act on the US$6.8 billion fuel subsidy fraud has fai...


Star-struck James Ibori

Delta State’s most famous son is now in prison, while accomplices and other governors walk free

Ex-Governor of Delta State James Ibori could be back in Nigeria as early as late 2016. He was sentenced to 13 years in gaol for $50 million worth of money-laundering and fraud on 1...


Half-truths on subsidies

The report on the US$6.8 billion fuel subsidy fraud by the Chairman of the National Assembly Ad Hoc Committee, Farouk Lawan, was tabled on 24 April. The 210-page opus concentrate...


The President tightens up

Jonathan is getting a grip on his party and perhaps preparing to run again, despite his northern rivals

On the eve of the national convention of the governing People’s Democratic Party on 24 March, former President Olusegun Obasanjo deplored the lack of discipline in the PDP. Loyalis...


Displaying 191-200 out of 586 results.