Nigeria

Nigeria's banks are dynamic, indigenous and very profitable. Their attitude to financial regulation is another story. Some of the country's biggest financial egos are now at war with...

Union Bank, First Bank and United Bank for Africa control over a third of the sector. Mid-level banks range from stars to the technically insolvent. Small banks often...

It is a measure of Nigeria's political class that in next year's presidential election, the two most likely candidates - Olusegun Obasanjo and Muhammadu Buhari - are retired...

The army is back at the centre of politics, three years after it handed over to an elected government whose head, President Olusegun Obasanjo, is himself a recycled...

In its attempt to clean up the banks, the Central Bank of Nigeria risks sparking a crisis. It wants to deter banks and multinationals from dealing on the...

Africa's biggest privatisation so far, the US$1.3 billion deal for control of Nitel, Nigeria's state telecoms company, is unravelling. A consortium of Nigerian businesses, banks, state governments and...

When British Prime Minister Tony Blair visits President Olusegun Obasanjo this week, he will find his host facing something like a civil war. Officially, the two leaders will...

The chief sponsor of the new party movement is Ibrahim Badamasi Babangida, the former military leader who bankrolls the United National Democratic Party (UNDP), run by the veteran...

The murder of Attorney General and veteran politician Chief Bola Ige on 23 December raises new doubts about the prospect of free elections in 2003. He was murdered...

Opus Dei, a secretive organisation favoured by Pope John-Paul II, hopes to sign up more followers in Africa, where only 1,500 of its 80,000 members are estimated to...