My time in Benin came to an end a couple of weeks ago, and I left the cute, not-even-anyway-near-as-rowdy-as-Lagos-but-busy-enough-to-be-called-a-city Cotonou. I spent a couple of days in Lagos and then went to the University of Nigeria Nsukka for some work. That was my second time in southeastern Nigeria and I decided to go by road… Read More »
From The Economist: Though banking standards have certainly risen a lot in recent years, they still lag behind those of America and the European Union, particularly in terms of transparency. In April, United Bank for Africa, one of the country’s biggest, fell foul of American regulators who served the bank with a $15m fine for… Read More »
Probably the best discovery in a long while: the Nigerian archives has a website. Details, including a list of the holdings, on each of the regional offices are here, here and here. This is really good!
The story is here.
Image via Wikipedia It is probably obvious, by now, that I like BusinessDay. This is their editorial today: In what seems to be a major policy thrust in international economic relations and in resolving the festering Niger Delta crisis, President Umaru Yar’Adua on Monday, at the meeting of G8 leaders holding in Japan called for… Read More »
I read that Yaradua is seeking global help for the treatment of stolen crude oil the same way stolen diamond is treated. Read: I appeal to you and through you to all other G-8 leaders to support my new proposal which I will discuss with UN Secretary General, that stolen crude should be treated like… Read More »
I got to my bank in Ibadan, Nigeria, on Tuesday, and I was told that they were not working. They had had only an hour or two of power in the past couple of weeks, and they had been running on their generator the whole while. On Tuesday, their generator packed up. They were sure… Read More »
I just learnt that Lamidi Adedibu is dead. I am yet to get the details but I can remember that I learnt a couple of weeks ago that he was admitted in a Lagos-based hospital. It is going to be interesting to see what becomes of Ibadan politics. Remember how Ibadan was described as a… Read More »
I just read here that Nigeria is the “fastest growing generator” of sovereign wealth over the last five years, recording a growth of 291 percent. Nigeria outperformed other countries that had also made significant progress including Oman, which grew its sovereign wealth by 256 percent; Kazakhstan (162 percent); Angola (84 percent); Russia (74 percent), and… Read More »
In the closing lines of a post on the Zambian copper industry I wondered whether anyone knew the details of the deals between oil companies and the Nigerian government. A news story I read in BusinessDay rekindled that interest, and a post I read at NigerianCuriosity made me decide to actually blog about it. The… Read More »