Vol 43 No 5 | NIGERIA Blitzing the banks 8th March 2002 In its attempt to clean up the banks, the Central Bank of Nigeria risks sparking a crisis. It wants to deter banks and multinationals from dealing on the...
Vol 65 No 3 | NIGERIA Shock therapy keeps the people waiting 1st February 2024 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 working. Instead,...
Vol 56 No 20 | NIGERIA At last a cabinet, and now for the policies 8th October 2015 After balancing political interests and restructuring ministries, the most urgent issue facing President Buhari is economic strategy At his self-imposed eleventh hour, President Muhammadu Buhari submitted his list of 21 ministerial nominees to the Senate on 30 September. On 8 October, the Senate was to... READ FOR FREE
Vol 44 No 20 | NIGERIA So, farewell then 10th October 2003 Rilwanu Lukman's sudden resignation on 7 October as Special Advisor on Oil to Nigeria's President Olusegun Obasanjo is likely to trigger other high-level departures as the crisis in...
Vol 58 No 5 | NIGERIA Health checks 3rd March 2017 More flexibility on the exchange rate could bring down the cost of borrowing The tribulations of the Nigerian currency, the naira, might offer some respite to President Muhammadu Buhari, currently in London under doctor's orders. The prospect of a change in...