Nigeria’s capital market is sizzling and the stock exchange is working hard on various fronts to put it on the international scene. James Eedes reports on the problems and the progress.

Nigeria is burdened by debt. James Eedes looks at how the country is planning to tackle it.

Some bankers accept that, in the long run, a higher capital requirement is necessary to strengthen institutions. But some are unhappy about the impact on smaller banks and about the difficulties of raising capital.

Central Bank of Nigeria governor Charles Soludo talks to The Banker about his plan to increase banks’ minimum capital requirement.

Barely a month in the job, new Central Bank of Nigeria governor Charles Soludo has thrown down the gauntlet to the country’s banks. By demanding a huge hike in minimum capital requirements, Mr Soludo is forcing the weak and fragmented industry to consolidate, in a move that he insists will result in a stronger banking system that plays a more active role in economic development.

Under finance minister Ngozi Okonjo-Iweala, the Nigerian ministry of finance is pressing ahead with fiscal reform, reigning in and cleaning up public expenditure. James Eedes reports.

Nigeria has put in place a reform strategy that aims not only to improve economic performance but to change people’s negative perceptions of the country.

James Eedes finds that Nigeria’s finance minister is determined to put the country back on track.