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,...

Last year, the Shell Petroleum Development Company, Nigeria, employed consultants to clarify a 'peace and security strategy' for their troubled operations in the Niger Delta oilfields, where Shell...

General Shehu Musa Yar'Adua's shadow looms large over Nigeria's April presidential elections. Soldier-turned-politician Yar'Adua died in gaol nine years ago on trumped up charges of coup-plotting against the...

Almost alone among his colleagues in government, Central Bank of Nigeria Governor Sanusi Lamido Aminu Sanusi has made a credible case for the removal of fuel subsidies*. He...

First, look at the figures which General Sani Abacha prefers. Inflation was at 70 per cent in late 1995 and is now at 20 per cent. Foreign exchange...