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Latest articles from Nigeria


Nigeria's banks must reform

August 29, 2010

Nigeria's banking sector is undergoing a series of changes aimed at overcoming the mistakes of the past. Writer Daniel Maalo

Building on more stable ground

August 29, 2010

Fluctuations in oil prices have almost spelt catastrophe for Nigeria over the past year. The future of the country's oil industry now looks more secure, but the lessons of the past year have emphasised how important it is for Nigeria to strengthen its non-oil economy. Writer Daniel Maalo

EIB's €240m props up Nigerian banks

March 3, 2010

The European Investment Bank (EIB) is providing €240m to three Nigerian banks for infrastructure projects, in a move that it is hoped will bolster confidence in the country's banking system.

Curing Nigeria's banking woes

October 28, 2009

Firing the chief executives responsible for mismanaging Nigeria's banks has been the first step to fixing the country's financial problems. Now the system is more transparent, Central Bank of Nigeria governor Lamido Sanusi is spelling out his vision for banking reform and stability. Writer Peter Guest

London bound / UK operations

April 6, 2009

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

A long friendship

April 6, 2009

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.

Confidence in PPP financing prevails

April 6, 2009

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.

Delta interest remains strong

April 6, 2009

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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