Nigeria

Not much is going right in the government's efforts to relaunch licensing of prime oil exploration acreage: it had cancelled many awards made under military rule. The present...

President Olusegun Obasanjo ended his first year in office on 29 May much as he arrived, struggling on several fronts against outbreaks of ethnic, regional and religious violence...

Two new rows are brewing about Nigeria's debt. One concerns the whereabouts of some US$700-800 million of Nigerian promissory notes. Although the International Monetary Fund says that there...

Near the top of the list for President Bill Clinton's trip to Nigeria in June are the Abuja government's plans for a huge expansion of the oil industry,...

The determination of President Olusegun Obasanjo's government to probe the financial management of its military predecessors is to be tested by soccer star John Fashanu. He has launched...

The government appears to have negotiated a respite in its latest crisis. On 29 February the governors of five northern states said they would stop plans to enforce...

At least five major Western banks were involved in the transfer, in 1996 and 1997, of 973 million Deutschemark (US$512 mn.) of Nigerian state funds to accounts linked...

Street fighting over control of a local market in the old capital, Lagos, in late November, in which over 100 people have died, started just as President Olusegun...

Recent high-level visitors to Abuja have left apparently convinced that President Olusegun Obasanjo is reversing 20 years of corruption and mismanagement in Nigeria's oil industry, the heart of...

For now, it is no longer business as usual in Nigeria. In just three months, President Olusegun Obasanjo's whisk broom of reform has swept away the notoriously parasitical...