The introduction by the Central Bank of Nigeria of polymer banknotes on 1 October has been blighted by accusations that millions of pounds in illegal commissions have been paid to ...

After six weeks of billion dollar bail-outs, high-level sackings and the arraigning in court of five top executives, Nigeria’s financial sector is still robust enough to prompt pae...

Oil industry officials in Accra are linking Finance Minister Kwabena Duffuor's 18 September statement that Ghana had applied for a US$2 billion concessional loan from China to Bei...

The targets of Central Bank of Nigeria Governor Lamido Sanusi's banking purge are beginning to fight back. Four bank chief executives have been arraigned on criminal charges and a ...

The United Nations Special Rapporteur on Toxic Waste, Okechukwu Ibeanu, is challenging claims by oil-trader Trafigura and its Ivorian subcontractor Tommy that the waste they dumped...

Like a family of latter day Medicis, Nigeria's top bankers have been prospering thanks to their acute political instincts and abilities to exploit their dominance in a tightly cont...

The surrender of about 1,000 militants in the Niger Delta was superbly choreographed. With hundreds of guns behind him, Ebikabowei Victor Ben - better known as 'General Boyloaf '- ...

For his Council of Economic Advisors, President John Atta Mills has picked a team with wide experience of Western financial and academic institutions. They are academics, more used...

Swiss-based oil trader Trafigura will have an eventful September before it goes on trial on 6 October in Britain's largest class action lawsuit. At the centre of this is the ship P...

The latest grand projet from President Abdoulaye Wade - the US$30 million Monument de la Renaissance Africaine - has quickly become an extreme parody of bad government in the ey...