Vol 49 No 25 | NIGERIA Crisis? What crisis? 12th December 2008 The world slump has made nonsense of the budget plans – and slashed expected oil revenues 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...
Vol 49 No 24 | NIGERIA A message from our sponsors 28th November 2008 President Umaru Musa Yar’Adua wants to use the budget as a key to his political revival – but business and voters are sceptical Calculated and recalculated according to the wild swings of the global oil market, the 2009 budget is almost up there with the election tribunal and the cabinet reshuffle...
Vol 49 No 23 | NIGERIA The waiting game 14th November 2008 Presidential contenders, ministerial hopefuls and errant state governors are all caught up in the capital's political paralysis Three groups of ambitious politicians stalk Abuja's corridors of power, hoping for events to unfold in their favour. There are the men who would be king: former Vice-President...
Vol 49 No 23 | NIGERIA Among the survivors 14th November 2008 After months of speculation, President Umaru Musa Yar'Adua has sacked half his cabinet but retained several of his old associates and surprisingly kept on a few of the...
Vol 49 No 22 | NIGERIAECONOMY Economy: Trouble in the markets 31st October 2008 Watching oil prices fall from US$147 a barrel to $57 over the past month and listening to endless media speculation about his health must have been disconcerting for...
Vol 49 No 22 | NIGERIA Nigeria's banks: double or quits 31st October 2008 Nigerian visitors to London’s Heathrow Airport are pleasantly surprised to see billboards publicising one or another of their country’s biggest banks. Many of the taxis operating out of...
Vol 49 No 19 | NIGERIA The storm before the storm 19th September 2008 President Yar'Adua has returned home with plans for a cabinet reshuffle as violence explodes again in the Niger Delta Nobody has told Nigerians what was wrong with their President, who was in hospital in Saudi Arabia from 20 August to 6 September. Things are clearly not well...
Vol 49 No 18 | NIGERIAECONOMYBRITAIN Two virgins 5th September 2008 Britain’s Virgin Atlantic has lost the first round in its battle with Nigeria’s government and is expected to sell all but 7% of its 49% stake in the...
Vol 49 No 18 | NIGERIA Adenuga's back 5th September 2008 Telecoms impresario Mike Adenuga has bounced back, despite the longrunning investigation into his company by Nigeria’s Economic and Financial Crimes Commission.
Vol 49 No 18 | NIGERIA Unhealthy talk 5th September 2008 The rumours of President Umaru Musa Yar’Adua’s demise reverberating around Nigeria’s mobile phone networks over the past week were assuredly exaggerated, a combination of misinformation and idle political...