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Nigeria

Nigeria

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

news from Nigeria

Category: all

Found 776 articles.

Displaying 701-710 out of 776 results.

Transparency test

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 round...


Mixed reviews

Civilian government wins praise for its democracy but blame for its lack of vision

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 t...


Promises, promises

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 t...


King Oil, again

Ambitious plans for a competitive oil industry still have to beat graft and political infighting

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, which could make the countr...


Offshore, offside

In a private investigation, a soccer star says he's uncovered a multi-billion dollar debt trading fraud and calls on the government to act

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 lau...


In God's name

The agitation for Islamic law is as much political and ethnic as it is religious; its proponents have weakened and divided the North

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 Sharia (Islamic...


Russian steal

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 to the son of...


Lousy legacies

President Obasanjo's good start is being threatened by poverty and ethnic nationalism

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 Obasanjo's govern...


Cleaning up oil

At last people are taking Obasabjo's crackdown on oil crooks seriously

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,...


Obasanjo's one hundred days

President Obasanjo moves with surprising speed against patronage but the inevitable clouds loom

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 middleme...


Displaying 701-710 out of 776 results.