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Nigeria

Nigeria

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

news from Nigeria

Category: all

Found 797 articles.

Displaying 351-360 out of 797 results.

The ripples of OPL 245

Police and regulators are still investigating the consequences of Chief Dan Etete awarding himself an oil licence

The Metropolitan Police's Proceeds of Corruption Unit (POCU) in London has confirmed to Africa Confidential that it is investigating allegations of money laundering through Britain linked to Nigeria's...


Buying while there is blood on the streets

When it comes to Africa’s leading economy, balance sheets not political histories dominate the reading lists

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...

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There will be blood... and oil

The stink of the OPL 245 scandal won’t go away

General Sani Abacha's son, now seeking political office with the governing People's Democratic Party (PDP), is building a coalition to obtain his part of the plunder. Middlemen are...


Oil theft row escalates

President Jonathan risks panic among investors after he suspends Central Bank Governor Sanusi in a personal political battle

Plain speaking, combative and ubiquitous, Central Bank of Nigeria Governor Sanusi Lamido Aminu Sanusi was never going to work well with the taciturn and cautious President Goodluck Jonathan....

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Data battles in Abuja

Nigeria's most sensational political row for a decade began with a dispute over arithmetic. The figure in question was US$49.8 billion: that was the oil sales revenue between...


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...

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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...


Displaying 351-360 out of 797 results.