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Oil broker James Ibori returns to Abuja stage | Article Preview

President Tinubu's ties with convicted fraudster and ex-Delta State governor will boost the ruling party and may cut oil theft, In Abuja, the story is of the rise and fall and rise again of James Ibori, former Governor of oil-rich Delta State, sentenced to 13 years in Britain for fraud and money laundering in 2012. Ibori pleaded guilty but has always insisted the charges were 'unfair'.

Tinubu , Lagos , Nigeria , United-kingdom , Delta-state , Delta , Abuja , Abuja-federal-capital-territory , Britain , James-ibori , Africa-confidential , United-kingdom-european-union

Abacha consigliere in storm over $11 billion superhighway linking Lagos and Calabar | Article Preview

Minister confirms upfront payments to Hitech Construction on a no-bid contract for 'Africa's biggest road', The international rehabilitation of billionaire businessman Gilbert Chagoury had seemed complete. Convicted in Geneva for laundering money stolen by military leader Sani Abacha and in the United States for illegal political contributions, these days Chagoury is feted by France's President Emmanuel Macron and ex-US President Bill Clinton, and most of all by Nigeria’s Bola Ahmed Tinubu, as a philanthropist (AC Vol 65 No 13).

United-kingdom , Africa-confidential , United-kingdom-european-union , Account-credit , European-union , Nigeria , Bacha-consigliere-in-storm-over-11-billion-superhighway-linking-lagos-and-calabar , Ilbert-chagoury , Nited-states , Rance , Mmanuel-macron

Hidden loans kingpin dies | Article Preview

, Iskandar Safa, the Franco-Lebanese entrepreneur at the centre of the US$2 billion 'hidden loans' scandal that impoverished Mozambique and drew top state officials and Frente de Libertação de Moçambique (Frelimo) leaders into a web of corruption, died at home in France on 29 January, aged 68.

Mozambique , France , United-kingdom , Lebanon , Iskandar-safa , Africa-confidential , United-kingdom-european-union , Frente-de-liberta , Account-credit , European-union , Idden-loans-kingpin-dies , Skandar-safa

Anatomy of a failed coup in Freetown | Article Preview

A band of gunmen hoped to become Africa's newest junta and couldn't muster support, but questions about the role of ex-President Koroma abound, Ex-President Ernest Bai Koroma's release for 'medical treatment' in Nigeria and the backroom deal that brought it about has enraged many of President Julius Maada Bio's supporters. Controversy still rages over the ex-president's complicity in the attempted coup d'état on 26 November, while much more is now known about the men who led it.

Nigeria , United-kingdom , Ernest-bai-koroma , Julius-maada-bio , Africa-confidential , United-kingdom-european-union , President-koroma , President-ernest-bai-koroma , President-julius-maada-bio , Account-credit , European-union , Ierra-leone

Shell leads oil majors' exit from the Niger Delta | Article Preview

Companies accused of under-investment – arrangements on financing and liability for pollution may be contested, When the British-Dutch oil major Shell announced on 16 January that it would be selling its interests in 18 oil licences in shallow water and onshore Niger Delta it raised awkward questions about the industry's future in Nigeria.

United-kingdom , Niger-delta , Nigeria-general- , Nigeria , Netherlands , British , Dutch , Shell , Africa-confidential , United-kingdom-european-union , Account-credit

Governance reform, a desideratum

Listening to local radio conversations and comments arouses the impression of despondency as Nigerians face existential challenges – rising cost of living, insecurity of lives and property, unabashed profligacy and licentious display of questionable wealth by some members of the political class

Malta , Abeokuta , Ogun , Nigeria , Bauchi-state , Bauchi , Gadau , Katsina , Nigerians , Nigerian , Adamu , Bola-tinubu

Stakeholders interrogate merits, demerits of aligning all elections

The November 11 off-season governorship elections in Bayelsa, Imo and Kogi States brought to the fore a discourse that has continued to resonate in Nigeria’s political environment. Former president Goodluck Jonathan....

Osun , Nigeria-general- , Nigeria , United-states , Bayelsa-state , Bayelsa , Zamfara-state , Zamfara , Enugu , Plateau-state , Plateau , Anambra

Tinubu struggles to rebalance the budget | Article Preview

Based on ultra-optimistic data on oil exports and tax, the President insists his market reform policies are on track, The Central Bank of Nigeria's second successive postponement of a bi-monthly meeting of its influential monetary policy committee (MPC), in November, points to dissension behind the scenes of President Bola Ahmed Tinubu's All Progressives Congress (APC) administration. As markets and investors ponder the lack of monetary policy guidance under a new CBN governor who talks tough on the bank's independence, doubts rise over the realism of the government's fiscal and debt management plans, and the growth prospects of Africa's largest economy.

Nigeria , Bola-ahmed-tinubu-all-progressives-congress , Central-bank , President-bola-ahmed-tinubu , All-progressives-congress , Inubu-struggles-to-rebalance-the-budget , Ola-ahmed-tinubu , Uhammadu-buhari , Acchaeus-adedeji , Oodluck-jonathan , Ax-bill

BREAKING: New Twist as Ex-President Jonathan Visits APC National Chairman, Ganduje, Details Emerge

Former President Goodluck Jonathan has visited the APC national chairman, Abdullahi Ganduje at his residence, a development after PDP governors commend the judiciary

Nigeria , Abuja , Abuja-federal-capital-territory , Jonathan-gejonathan , Jonathan-abdullahi-ganduje , Abdullahi-ganduje , Abdullahi-umar-ganduje , Atiku-abubakar , Goodluck-jonathan , Timipre-sylva , Pinterest , Progressives-congress

Forget about one-term presidents here

Looking ahead, it will be many years before free and fair elections deliver one-term presidents in East Africa.

Mauritius , Thabo-mbeki , Abdou-diouf , Nelson-mandela , George-weah , Oseph-boakai , Ohn-mahama , Ohn-atta-mills , Ana-akufo-addo , Oodluck-jonathan , Ar-adua