Nigeria - The Banker

A collapsed stock market and a plummeting oil price would normally be good reason for investors to steer clear of Nigeria. But the country is weathering the financial storm and its reformed bank sector, while unsteady, looks set to survive the crisis intact. Charlie Corbett reports from Lagos.

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The Nigerian government is coming under increasing pressure to bail out the country's ailing bank sector, but many claim that the banks are resilient enough to survive the crisis without state support, which could do more harm than good. Charlie Corbett reports from Lagos.

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Headlines on the exploits of Niger Delta militants often drown out positive news from the industry, where major companies will bring a number of big new oil and gas schemes on stream in the next few years, writes Jon Marks.

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Despite problems in credit markets, financiers appear committed to supporting the many improvements required in Nigeria's infrastructure sector, write Kevin Godier and Jon Marks.

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As the Central Bank of Nigeria celebrates 50 years of existence, banker Anthony RP Williams, who has worked in Africa and Nigeria for almost the same length of time, reflects on the country's past and his experiences with the central bank.

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Despite a global downturn, low oil prices and the weakness of the naira, the lure of a London base is still of vital importance to Nigerian banks wanting to establish an international presence. Nick Kochan reports

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Nigeria’s banks have so far been relatively insulated from the credit crisis in the West, but with external sources of capital rapidly drying up, how long can this situation last? Erastus Akinbola is chief executive of one of Nigeria’s leading banks, Intercontinental Bank, and president of the Chartered Institute of Bankers in Nigeria. He spoke to Charlie Corbett about the impact of the credit crisis on Nigeria’s banking industry.

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Good news from Africa is often drowned out by a tide of negative reporting. The Banker aims to combat this by profiling the achievements of leading young Africans. Writer Charlie Corbett.

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Pension reforms are expected to transform the lives of Nigerians but capital markets need to be transformed to cope with the accumulation of liquidity created as a result. Nick Kochan reports.

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Economic reform is transforming Nigeria, not least in the banking sector, but will the programme survive a change of government? Neil Tyler reports.

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Chukwuma Soludo: expects debt ratio upgrade

Chukwuma Soludo, governor of the Central Bank of Nigeria, tells James Eedes of a bold plan to raise $1bn for his brainchild – the Africa Financing Corporation.

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