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Nigeria

Nigeria

Population: 213.4m
GDP: $440.8bn
Debt: 38.6% of GDP (2023 forecast)

news from Nigeria

Category: all

Found 766 articles.

Displaying 471-480 out of 766 results.

Abuja buys a Delta amnesty

President Yar'Adua's government has a won a respite in the Delta, but without political reform it will remain only temporary

With an eye on the 2011 elections and with oil production now well under half of the installed capacity of 2.5 million barrels per day, President Umaru Musa Yar'Adua signed an amne...


Bankable Assets

The introduction by the Central Bank of Nigeria of polymer banknotes on 1 October has been blighted by accusations that millions of pounds in illegal commissions have been paid to ...


Why the banks stay optimistic

Oil, gas and Africa's biggest market keep the investors interested despite the increasingly desperate politics in Abuja ahead of the 2011 elections

After six weeks of billion dollar bail-outs, high-level sackings and the arraigning in court of five top executives, Nigeria’s financial sector is still robust enough to prompt pae...


After the bank purge, back to the politics

Taken aback by the seriousness of the Central Bank’s efforts to reform the financial sector, some politicians and debtors are plotting their revenge

The targets of Central Bank of Nigeria Governor Lamido Sanusi's banking purge are beginning to fight back. Four bank chief executives have been arraigned on criminal charges and a ...


After the boom, a purge

A Central Bank audit has uncovered evidence of fraud and mismanagement which implicates some leading politicians and their business partners

Like a family of latter day Medicis, Nigeria's top bankers have been prospering thanks to their acute political instincts and abilities to exploit their dominance in a tightly cont...


Islamists raise the stakes as they take on Yar'Adua

A militant leader lies dead after his sect fought the faltering government

Within days of a truce being declared between militants in the Niger Delta and the government, serious fighting broke out in Nigeria's poverty-ridden north (AC Vol 50 No 15). It ki...


Inside Boko Haram

The late Ustaz Mohammed Yusuf's Boko Haram group had about 2,000 members, some of whom had first attacked police stations in 2003. The group's rhetoric grew increasingly violent, s...


Amnesty not honesty

The N50 bn. amnesty deal offers a respite but will not change the corruption and environmental despoliation that fire the conflict in the Niger Delta

The Niger Delta militants take an unorthodox approach to public relations. In the morning of 12 July they launched 'Operation Moses', detonating a bomb which devastated part of the...


Half-time for Yar'Adua

Yar'Adua's three new recruits may help improve the government's performance, but the problems of power generation and the Delta remain

After two years of drift, President Umaru Musa Yar'Adua and his government seem to be trying to arrest the slide. Recent appointments have bolstered the administration's competence...


Displaying 471-480 out of 766 results.