DISPATCHES Vol 64 No 22 | NIGERIA Abuja gets $11bn claim on gas deal overturned in London's High Court 24th October 2023 President Tinubu says judgement was a blow against economic malpractice and the exploitation of Africa The end of the $11 billion failed gas project case against the Nigerian government is in sight after London High Court Judge Robin Knowles ruled on 23 October... READ FOR FREE
Vol 64 No 21 | NIGERIA Chasing the greenback 19th October 2023 Both government and citizens seek US dollars but the greenbacks are getting scarcer and the naira keeps depreciating. The government wants portfolio investors to return to Nigeria and...
Vol 64 No 20 | NIGERIA Net widens in oil trial 5th October 2023 After Britain's National Crime Agency investigated her for 11 years, Diezani Alison-Madueke, Nigeria's former Minister of Petroleum Resources in 2010-15, finally appeared at Westminster Magistrate's court on 2...
Vol 64 No 19 | NIGERIA Cash crunch tests Tinubu's top finance team 21st September 2023 The government is hunting for foreign exchange to stabilise the naira and speed up growth after its reform shocks The nomination of Olayemi Michael Cardoso, a former chairman of Citibank, as governor of the Central Bank of Nigeria (CBN) opens the next chapter of President Bola Ahmed...
Vol 64 No 18 | NIGERIA After Tinubu opened Pandora's Box 7th September 2023 The President's policy experiments – on subsidies, the naira and the military – have raised questions about his ministerial team A mass of contradictory signals greeted Bola Ahmed Tinubu's first hundred days in the presidency on 6 September. The day before, the National Labour Congress had called on...
Vol 64 No 17 | NIGERIA Pushback tests Tinubu's tilt to the market 24th August 2023 Anger on the streets is mounting in the wake of spiralling food and fuel Hailed by bankers and foreign investors, President Bola Tinubu's decisions to end fuel subsidies and float the naira have collided with reality. The measures are fuelling the highest...
DISPATCHES Vol 64 No 17 | NIGERIA Tinubu orders forensic audit of central bank and civil service payroll 8th August 2023 Claimed number of civil service employees is unbelievable, President tells World Bank chief Ajay Banga Spelling out sweeping reforms in the public sector, President Bola Tinubu told Ajay Banga, President of the World Bank, in Abuja on 4 August that he was refocusing... READ FOR FREE
Vol 64 No 17 | NIGERIABRITAIN Courting Diezani 24th August 2023 Under investigation by Britain's National Crime Agency (NCA) for a decade, Nigeria's former oil minister Diezani Alison-Madueke was charged on 22 August with several bribery offences. Alison-Madueke has...
Vol 64 No 16 | NIGERIA Amid protests over spiralling prices, Tinubu names new team 3rd August 2023 Political payback rather than competence shapes list of ministerial nominees as economic woes deepen The publication of President Bola Ahmed Tinubu's list of 28 ministerial nominees on 27 July was held up for almost two months by tortuous negotiations over federal and...
Vol 64 No 15 | NIGERIA Naira politics rules – but the pace picks up 13th July 2023 Federal lawmakers jostle to run the most lucrative committees in Abuja as accountability plummets Nigerians are eagerly waiting to see President Bola Ahmed Tinubu's choice of ministers, likely to be announced in the next days, but he has already made many of...