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Nigeria

Nigeria

Population: 227.71m
GDP: $252.74bn
Debt: 46.6% of GDP (2024)

news from Nigeria

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Found 780 articles.

Displaying 81-90 out of 780 results.

Economic woes test voter loyalties

Facing chronic fuel shortages and a contentious reissue of the national currency, politicians search for targets to blame

The country's economic emergency in all its facets – chronic fuel shortage, protests against a politicised redesign and reissue of the naira, and the threat of ballooning national...


Election noise louder but signals weaker

Cash-fuelled presidential campaigning dominates politics as economy falters and security frays

Presidential and national assembly elections on 25 February presage sweeping changes. Among 11 million new voters, most of them aged between 18 and 34, many are frustrated with...


It takes more than new banknotes…

Abuja is struggling with slowing growth and spiralling debt demands, and a new plan to replace old banknotes looks set to create further chaos

Ahead of February's election Nigeria's economy is flagging. Usually, governments can rely on help from their supporters for a pre-election boost, but this time it is different. Real...

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Grim outlook for the new president

Central Bank of Nigeria governor Emefiele insists that his interest rate hikes are controlling inflation but a new president will face greater challenges

The Central Bank of Nigeria's monetary policy committee (MPC) faces tough choices as the year-on-year inflation rate has reached 21%. Food price inflation is even higher, at 23.7%....

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Contractors who clean up

With no accounts or tenders published, disquiet continues to grow over the companies HYPREP has contracted for remediation work

Concerns over the Hydrocarbon Pollution Remediation Project (HYPREP) are growing among Ogoni activists and politicians and civil society organisations against pollution, backing the already reported worries of the...


HYPREP twists UNEP's arm

Nigeria has enlisted its former Environment Minister to keep UNEP on board while doubts on remediation contractors increase

Nigerian officialdom is doing its best to prevent the United Nations Environment Programme (UNEP) severing its consultancy with the Hydrocarbon Pollution Remediation Project (HYPREP) over chronic fraud and...


Spend, spend, spend

Government borrowing has been soaring, and loans from the central bank are many times over the statutory limit

Lower tax revenues due to plummeting recorded crude oil output, coupled with several expansionary budgets, mean that Nigerian government borrowing has been rocketing as the country heads for...


Displaying 81-90 out of 780 results.