Vol 63 No 4 | NIGERIA New bankers' ramp 17th February 2022 A few days after Africa Confidential reported on the power of financiers in Nigerian politics, a couple of colourful election prospectuses extolling the virtues of African Development Bank...
Vol 2 (AAC) No 4 | NIGERIAINDIASOUTH KOREA What's yours is mine and... 20th February 2009 India's gain may prove to be South Korea's loss as local political shifts hit Nigeria's oil business The Korean National Oil Company may take legal action in response to Nigeria's revoking last month of two lucrative concessions awarded to the company in 2005. KNOC won operating rights to...
Vol 54 No 25 | NIGERIA Presidential letter bombs 12th December 2013 Private letters to President Jonathan from General Obasanjo and Bank Governor Sanusi warn of deepening financial and political threats The leaking this week of two damning letters to President Goodluck Jonathan was surely no coincidence and fires a powerful broadside against his government and his plans to...
Vol 61 No 25 | NIGERIA Unbalancing the books 17th December 2020 Promises of grand economic growth have been torpedoed by the Covid-19 pandemic and crashing oil prices This time last year President Muhammadu Buhari and his numerous economic policymakers were optimistic that 2020 could see growth acceleration, job creation, significant infrastructure investments and progress on...
Vol 61 No 15 | NIGERIA The shake-up that didn’t happen 23rd July 2020 Plummeting prices prompted a radical plan to restructure the state oil company – then the vested interests fought back Vice-President Yemi Osinbajo and several of the country’s most senior ministers recommended hard-hitting reforms to rein in the sprawling and notoriously unaccountable state oil company earlier this year...
