All the ingredients in the presidential and parliamentary elections due in April make for a fierce political battle. The dominant national party for over a decade is losing...

China has expressed interest in buying 49% stakes in 23 soon-to-expire oil block licences. The London Financial Times reported in September that the China National Offshore Oil Corporation...

The Governor of the Central Bank of Nigeria says there is no need to panic, the country is adequately insulated from the global slowdown and will not suffer...

In mid-August, Nigeria's Federal High Court overturned President Umaru Yar'Adua's revoking, in January, of Seoul-based Korea National Oil Company's rights to 60% of Oil Prospecting Licences 321 and 323 in a...

The victory of Ayo Fayose, candidate of the People's Democratic Party (PDP), in the governorship elections in Ekiti State on 21 June held some harsh lessons for modernising...