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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 756 articles.

Displaying 61-70 out of 756 results.

It takes more than new banknotes…

Abuja is struggling with slowing growth and spiralling debt demands, and a new plan to replace old banknotes looks set to create further chaos

Ahead of February's election Nigeria's economy is flagging. Usually, governments can rely on help from their supporters for a pre-election boost, but this time it is different. Rea...

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Grim outlook for the new president

Central Bank of Nigeria governor Emefiele insists that his interest rate hikes are controlling inflation but a new president will face greater challenges

The Central Bank of Nigeria's monetary policy committee (MPC) faces tough choices as the year-on-year inflation rate has reached 21%. Food price inflation is even higher, at 23.7%....

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Contractors who clean up

With no accounts or tenders published, disquiet continues to grow over the companies HYPREP has contracted for remediation work

Concerns over the Hydrocarbon Pollution Remediation Project (HYPREP) are growing among Ogoni activists and politicians and civil society organisations against pollution, backing th...


HYPREP twists UNEP's arm

Nigeria has enlisted its former Environment Minister to keep UNEP on board while doubts on remediation contractors increase

Nigerian officialdom is doing its best to prevent the United Nations Environment Programme (UNEP) severing its consultancy with the Hydrocarbon Pollution Remediation Project (HYPRE...


Spend, spend, spend

Government borrowing has been soaring, and loans from the central bank are many times over the statutory limit

Lower tax revenues due to plummeting recorded crude oil output, coupled with several expansionary budgets, mean that Nigerian government borrowing has been rocketing as the country...


Grand corruption wrecks Niger delta clean-up

Theft from the billion-dollar oil clean-up in Ogoniland is so bad that the operation's chief architect, the UN Environment Programme, wants to quit

The UN Environment Programme is set for a bitter break with Nigeria over the clean-up of pipeline spills in the Niger delta despite almost 15 years of close cooperation, Africa Con...


An election umpire besieged on all sides

A younger, better-informed and more demanding electorate is challenging the state and mainstream politicians to run fairer elections

Every week or so a new scandal about a plan to steal the national elections next year hits the headlines and social media. One of the latest claims is that there are over 10 millio...

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Opposition fall-out shakes up election plans

Both the ruling party and an outsider candidate may benefit from Atiku Abubakar's mis-steps

The flurry of secret meetings between senior Nigerian politicians in Paris and London this week points to trouble for presidential candidate Atiku Abubakar and his Peoples' Democra...


Displaying 61-70 out of 756 results.