Why the world's fastest-growing continent pays the highest price to borrow - and what it is doing about it.
By Gregory Simpkins US President Donald Trump often makes grandiose threats and statements without carrying them out. Several weeks ago, he warned of a military response...
By Gregory Simpkins As I have stated recently, the United States, which strode the world stage as a political and economic colossus after World War II,...
Former Nigerian President Muhammadu Buhari, the first opposition candidate to win a presidential election in Africa’s most populous nation, has died at age 82. His spokesman,...
Reuters | Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5 percent in the third quarter to...
Bloomberg | Nigeria’s economy grew faster than anticipated in the third quarter, buoyed by its services and oil sectors. Gross domestic product (GDP) expanded an annual...
Bloomberg | Nigerian lawmakers are proposing a dramatic increase in the central bank’s power to use gold to shore up the nation’s reserves in defense of...
Bloomberg | Nigeria is planning to set up a US$10 billion diaspora fund to attract investment from its citizens living abroad to support critical sectors including...
Bloomberg | Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light. Six of the...
Bloomberg | Nigeria is introducing incentives to attract oil and gas investment as Africa’s biggest economy works to ramp up crude output. The measures include substituting...
Bloomberg | Nigeria will seek to become a member of the BRICS group of nations within the next 2 years as part of a new foreign...
AP | Nigeria’s Supreme Court refused Thursday to void the recent election of President Bola Tinubu and dismissed the political opposition’s challenges, which argued that the...
Bloomberg | South Africa is set to briefly overtake Nigeria and Egypt as the continent’s largest economy next year, International Monetary Fund forecasts show. The IMF’s...
Reuters | Nigeria’s two main opposition leaders on Tuesday filed separate appeals at the Supreme Court challenging a tribunal ruling that earlier this month upheld President...
Bloomberg | Nigeria’s gridlocked commercial hub of Lagos started operating its first light-rail system on Monday, 12 years after it first planned to start ferrying riders....
Reuters | Nigeria’s President Bola Tinubu on Friday announced the creation of a new infrastructure fund, part of a series of measures to boost the economy...
AFP | West African heads of state on Sunday chose Nigeria’s new President Bola Ahmed Tinubu to lead their regional bloc for the next year, replacing...
Bloomberg | Nigerian President Bola Tinubu suspended excise taxes on telecommunications services and some locally produced goods introduced 2 months ago. The new head of state...
Bloomberg | Nigeria’s new president, Bola Tinubu, has delighted investors with decisions he’s taken in just two weeks in office. The question now is whether he...
Bloomberg | Nigeria passed legislation that’s expected to set off the biggest shakeup of the West African nation’s chronically inadequate power industry in almost 2 decades....
Reuters | Bola Tinubu was sworn in as Nigeria’s president on Monday, facing mounting calls to improve economic and security conditions which many complain worsened under...
Reuters | Nigeria’s outgoing government has recommended that the new administration of president-elect Bola Tinubu give public sector workers pay rises after removing a fuel subsidy...
By Gregory Simpkins It was predicted that Nigeria’s 2023 elections would demonstrate significant progress in political plurality in the country. It has not thus far. It...
AP | Nigerians awoke to a new president Wednesday, with ruling party candidate Bola Tinubu declared the winner of the country’s election. As he thanked his...
AFP | Nigerians voted on Saturday for a successor to President Muhammadu Buhari in a tightly fought race, with three frontrunners for the first time in...
Reuters | Nigerian President Muhammadu Buhari on Thursday signed an executive order setting up a council to facilitate the transition to a new president who will...
Bloomberg | A third-party candidate is the top choice to become the next president of Africa’s most populous country, according to a new opinion poll. A...
AFP | With Nigeria’s economy struggling and insecurity rife, four top presidential candidates start campaigning this week for next February’s election in an open race to...
By Gregory Simpkins I have written previously about Nigeria being the “essential nation” in Africa. According to the Congressional Research Service (CRS), successive U.S. Administrations have...
AFP | Nigeria’s ruling party chief and influential former Lagos governor Bola Ahmed Tinubu said on Monday he intends to run for the presidency in the...