Jump to navigation

Vol 50 No 24

Published 4th December 2009


Nigeria

The Abacha family's plunder machine

The Abacha family's plunder machine



Related Articles

Tinubu prepares to present 2025 budget

Foreign exchange and tax reforms are praised by international banks but most Nigerians are yet to see the benefits

For the multilateral financial institutions and investment banks, President Bola Tinubu’s economic reforms are stabilising the country’s finances and staunching the loss of billions of dollars in revenues...

READ FOR FREE

Danger looms as piracy booms

Distracted by the Islamist insurgency in the north and the coming elections, the government has no effective response to the wave of oil theft and hijackings in the Gulf of Guinea

Crashing world oil prices and next February's elections – in which President Goodluck Jonathan must retain his grip on his base in the oil-producing Niger Delta – could...


Railroading senators

After a late-night meeting at Aso Rock, the dispute between President Muhammadu Buhari and National Assembly leaders over 2016 budget amendments ended in smiles and a deal on...


Construction boom ahead

Nigeria's state-backed mortgage provider FMBN is in talks with two Chinese financial institutions about a US$6 bn. loan for new housing

With the national population reaching 174 million this year, the the Federal Mortgage Bank of Nigeria estimates the housing deficit at 17 mn. units. However, talks led by...


Trouble in oil

A symbol of regional cooperation, the Nigeria-São Tomé e Príncipe Joint Development Zone (JDZ), launched only in January, looks close to collapse.