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Nigeria

Nigeria

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

news from Nigeria

Category: all

Found 794 articles.

Displaying 501-510 out of 794 results.

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 paeans...


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...


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...


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...


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,...


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...


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. The...


Hide and seek

National Assembly politicians are investigating reports that tens of billions of dollars in revenue from the state-owned Nigerian National Petroleum Corporation's (NNPC) foreign subsidiaries, which have accrued over...


The hunt for Tompolo

The government troops who raided the militants' hideout say they discovered secret documents listing the fighters and their political contacts

The rebel commander High Chief Government Ekpemupolo, alias Tompolo, is on the run from government forces, and the war in the Niger Delta is intensifying (AC Vol 50...


Displaying 501-510 out of 794 results.