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Nigeria: Jonathan’s show of authority as 9 ministers sacked
Unlike some of his predecessors, Nigeria’s mild-mannered president is not renowned for wielding a big stick. So it was something of a surprise when Goodluck Jonathan sacked nine ministers on Wednesday....
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Nigeria power sale: moving the goalposts?
Back in September, to much fanfare, Nigerian President Goodluck Jonathan officially handed over share certificates and licenses to the handful of energy consortiums who successfully bid $2.5bn for...
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Nigeria: on the up, but with political risks
Nigeria looks set to become Africa’s biggest economy in the medium term, and with its large population and growing consumer spending power, the west African country is top of the list for many...
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Nigeria: central bank governor suspended for “recklessness”
Nigeria’s president Goodluck Jonathan showed his teeth on Thursday, suspended central bank governor Lamido Sanusi with immediate effect, with his spokesman citing “various acts of financial...
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Nigeria’s new cen bank chief: will investors wait?
If Goodluck Jonathan, Nigeria’s president, showed his ruthless side by removing central bank governor Lamido Sanusi on Thursday, ostensibly for “financial recklessness” (most observers think it was for...
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Nigeria: will Jonathan break the unwritten rule?
If you’re looking for clues over whether Goodluck Jonathan is going to break party policy by running again for the Nigerian presidency, then his decision to suspend the highly-respected governor of the...
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FT interview: Nigeria seeks to reassure investors
The Nigerian economy has enough resilience to ride out the wave of Boko Haram terror attacks, the country’s finance minister said in an attempt to persuade foreign investors to keep their holdings in...
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Guest post: Nigeria needs more than Goodluck
By Kevin Daly, Aberdeen Asset Management If you are a young Nigerian, life was already hard enough before the price of oil collapsed and Boko Haram established themselves as a real threat to Africa’s...
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Nigeria’s elections – Africa’s shining moment
The All Progressives Congress (APC), led by former military leader General Muhammadu Buhari, has won Nigeria’s presidential election, unseating the People’s Democratic Party (PDP) that has dominated...
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