Nigeria

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...

Three months on, the economic policy of General Olusegun Obasanjo's government remains opaque. While the price of oil, which at US$20 a barrel is nearly twice that...

Government business took off at a frenetic pace after the 29 May inauguration of President Olusegun Obasanjo. Launching proceedings, Obasanjo made a powerful attack on corrupt contractors,...

It was a spectacular coda to 16 years of military rule. On 29 May, more than 30 heads of state, ex-heads of state and international dignitaries -...

'Is this 1999 or 1979?' asked one senator on seeing President Olusegun Obasanjo's list of 42 ministerial nominees. Another opined more diplomatically that the list favoured 'experience over...

Who was behind the crude attempt to smear President Nelson Mandela by linking him to an oil deal with Nigerian middle-man Chief Antonio Deinde Fernandez? Copies of...

It's now clear that President Olusegun Obasanjo's incoming civilian government will face a major financial crisis when it takes office on 29 May. The massive drawdown in foreign...