Chief Correspondent; Nigeria
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Mar 31, 2011

Analysis – Credible vote key to Nigeria’s diplomatic standing

LAGOS (Reuters) – From lobbying for intervention in crisis-torn Ivory Coast to strong backing for Western-led air strikes in Libya, Nigeria has been busy burnishing its credentials on the diplomatic stage in recent months.

The African giant, home to more people than Russia, won an unprecedented third term as chairman of West African regional bloc ECOWAS last week and sees itself as a prime contender for a permanent seat on the U.N. Security Council.

Mar 28, 2011

Nigeria market reformers need support beyond elections

LAGOS, March 28 (Reuters) – Walk into some government
buildings in Nigeria and it isn’t hard to understand why the
pace of economic reform is slow.

Bored-looking bureaucrats sit on chairs that look many
decades old. Calendars on the walls are years out of date and
some officials can’t remember the last time their phones worked.
Nobody blinks when the power fails.

Mar 22, 2011

Nigerian polls put president ahead in election race

LAGOS, March 22 (Reuters) – Nigerian President Goodluck
Jonathan is on course to win April elections but the ruling
People’s Democratic Party (PDP) could lose control of several
states, according to local opinion polls.

The surveys, published in Nigerian newspapers this week,
vary widely in detail and scientific quality — one claimed to
have had 70 million SMS responses, roughly equivalent to every
adult in the country — but they broadly show a common trend.

Mar 18, 2011
via FaithWorld

Nigeria’s Muslim north risks growing sense of alienation

Photo

(A motor rickshaw transporting Muslim women drives past a signboard promoting Islamic faith in Nigeria's northern city of Kano March 15, 2011/Joe Penny)

Standing on the dancefloor among shards of glass and splintered wood, Tony Baisie rues the day he agreed to help set up a nightclub in one of West Africa’s oldest Islamic cities. For more than 15 years this converted office on an industrial back street in Kano, northern Nigeria, was a thriving business. Customers — Christian and Muslim — would dance among its mirrored walls or shoot pool in the courtyard outside.

Mar 18, 2011

Nigeria’s north risks growing sense of alienation

KANO, Nigeria (Reuters) – Standing on the dancefloor among shards of glass and splintered wood, Tony Baisie rues the day he agreed to help set up a nightclub in one of West Africa’s oldest Islamic cities.

For more than 15 years this converted office on an industrial back street in Kano, northern Nigeria, was a thriving business. Customers — Christian and Muslim — would dance among its mirrored walls or shoot pool in the courtyard outside.

Mar 16, 2011
via FaithWorld

Nigeria’s Jonathan takes election campaign to Muslim north

Photo

(Nigerian president Goodluck Jonathan speaks at the launch of his presidential campaign in the central city of Lafia, Nassarawa state February 7, 2011/Afolabi Sotunde)

From Islamic police enforcing a ban on beer and prostitution to its centuries-old market and mosques, Nigeria’s northern city of Kano feels like a different country to the pulsating southern sprawl of Lagos. Its low-rise buildings and dusty tree-lined streets have more in common with the sleepy Sahelian cities of Niger or Chad than with Nigeria’s commercial hub, a city built on hustle and home to some of Africa’s largest companies and richest tycoons.

Mar 16, 2011

Nigeria’s Jonathan wraps up campaign in Muslim north

KANO, Nigeria, March 16 (Reuters) – Thousands of ruling
party supporters flocked to a dusty polo ground in Nigeria’s
northern city of Kano on Wednesday for the penultimate leg of
President Goodluck Jonathan’s election campaign tour.

Securing support in this ancient Islamic city, Nigeria’s
second most populous after the southern commercial hub of Lagos,
will be key if Jonathan, who is from the southern Niger Delta,
is to clinch victory in the first round of the April polls.

Mar 16, 2011

Nigeria’s Jonathan takes campaign to Muslim north

KANO, Nigeria, March 16 (Reuters) – From Islamic police
enforcing a ban on beer and prostitution to its centuries-old
market and mosques, Nigeria’s northern city of Kano feels like a
different country to the pulsating southern sprawl of Lagos.

Its low-rise buildings and dusty tree-lined streets have
more in common with the sleepy Sahelian cities of Niger or Chad
than with Nigeria’s commercial hub, a city built on hustle and
home to some of Africa’s largest companies and richest tycoons.

Mar 11, 2011

Q+A-Nigeria’s planned sovereign wealth fund

LAGOS, March 10 (Reuters) – Nigeria’s parliament is
considering a bill to create a sovereign wealth fund aimed at
better managing the OPEC member’s windfall oil savings, billions
of dollars of which have been frittered away in recent years.

Following are some questions and answers about the plans:

WHEN WILL THE FUND BE ESTABLISHED?

Parliament held a public hearing on the bill this week,
including submissions from the central bank and senators on
suggested improvements, such as greater clarity on eligible
asset classes in which the fund can invest.

Mar 8, 2011

Nigerian stocks seen needing more home investors

LAGOS (Reuters) – Greater domestic investment in Nigeria’s stock market would boost its stability and insulate it from bouts of capital flight by foreign investors, the chief executive of Fidelity Bank (FIDELIT.LG: Quote, Profile, Research, Stock Buzz) said.

Prices on Africa’s third biggest equities market rose 12 percent in the first two weeks of January but nervousness about the political upheaval in north Africa and caution over Nigeria’s April election have since all but erased those gains.

    • About Nick

      "Based in Lagos since early 2008, responsible for coverage of Africa's most populous nation. Previously based in Senegal for four years, covering West and Central Africa, and before that in Germany and Britain."
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