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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 757 articles.

Displaying 1-10 out of 757 results.

Spiralling prices imperil Tinubu’s reforms

Facing political pushback and food riots, the government is rethinking its devaluation and subsidy cuts

There was no hiding the desperation when Central Bank of Nigeria Governor Olayemi Cardoso announced on 27 February that interest rates would be hiked from 18.75% to 22.75%, the lar...


How the poor help the rich

Top officials are accused of raiding a state-funded programme meant to offer desperately needed relief for struggling communities

The detention of former Humanitarian Affairs Minister Sadiya Umar Farouq on 2 January on charges related to alleged fraud over US$38 million of public funds has led to a trail of d...


UN breaks with scandal-hit pollution agency

Theft of oil spill clean-up funds in Ogoniland is set to continue as the UN Environment Programme cuts ties with HYPREP

Activists and environmentalists looking for a policy change on the troubled US$1 billion clean-up project in the Niger Delta by President Bola Ahmed Tinubu's government have been d...


Kanu's lobbyists for Biafra step up campaign

The separatist leader refused to appear in court in Abuja on 8 February but has more wealthy supporters in Washington DC

The campaign for a 'Jewish Autonomous Region in Biafra' is trying to boost its profile after hiring new lobbyists in the United States. Its backers hope to rekindle the political a...


Shock therapy keeps the people waiting

Dollar-rich investors have reacted to President Tinubu's radical reforms by rushing to the door

President Bola Tinubu's great gamble that shock therapy – ending subsidies and devaluing the naira – would bring back foreign capital and stabilise state finances isn't...


Shell leads oil majors' exit from the Niger Delta

Companies accused of under-investment – arrangements on financing and liability for pollution may be contested

When the British oil major Shell announced on 16 January that it would be selling its interests in 18 oil licences in shallow water and onshore Niger Delta it raised awkward questi...


Displaying 1-10 out of 757 results.