Nigeria to Pay States’ Bondholders Despite Debt Deferral

Further states’ debt deferrals subject to restructuring plan Tumbling oil prices pushed revenue to five-year low…

How Nigeria Can Ride Out Its Economic Storm

Nigeria’s economy is facing the threefold challenge of falling oil prices, a depreciating currency and a…

Nigeria Grapples With End To Rapid Growth

Nigeria is becoming a symbol of how quickly and far the declining price of crude oil…

In Nigeria, A Hunger For Dollars — But Hold The Fries

A currency crunch in Africa’s top economy is escalating into a French fry shortage. U.S. dollars…

Nigerian State Oil Firm ‘Withheld $25bn Over Five Years’

Nigeria’s state-owned oil company has failed to pay the government $25bn (£17.5bn) over five years, the…

Nigeria’s Government Living The High Life

As Nigeria’s fiscal situation continues to deteriorate and the gulf between the official and black market…

Nigeria Launches Restructuring Of Oil Sector

Far-reaching and long-awaited plans aimed at reforming Nigeria’s oil industry are gathering pace, though they have…

Nigerian Senate Summons Minister To Explain Fuel Shortages

Nigeria’s petroleum minister Emmanuel Ibe Kachikwu, pictured addressing the media in the capital Abuja, December 14,…

Nigeria Apologizes For Fuel Woes As Frustration Mounts

Fuel lines stretched for more than a kilometer (half-mile) on Friday in Nigeria’s capital because of…

Buhari Still Hasn’t Signed Off On Nigeria’s Delayed Budget

Nigerian President Muhammadu Buhari, pictured speaking at the State House in Abuja, Nigeria, February 11, is…

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