Search for Ngozi Okonjo-Iweala and
    1. February 18, 2015

      Nigeria eyes more budget cuts ahead of poll

      Nigeria will consider further cuts to the 2015 budget and adjust its $65 benchmark oil price downwards, according to its...

    2. October 26, 2014

      Nigeria warns on falling oil prices

      Nigeria has two to three months of rainy day savings to cushion it while “contingencies are put in place” should world oil...

    Special Reports

    1. Investing in Nigeria

      Revised data show Nigeria’s economy is growing rapidly with gross domestic product muc...
    2. Oil Industry 2013

      A shift on the part of US independents, many of which have been under pressure from sh...
    Search more Special Reports on this topic.

    1. beyondbrics

      May 22, 2014

      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...

    2. May 4, 2014

      Africa’s biggest economy needs social safety net

      After it overhauled its economic statistics for the first time in decades, Nigeria this year announced that it had overtaken...

    3. Material World

      April 7, 2014

      Will luxury rush to Nigeria now?

        Getty Images Big (literally) news on Monday in the FT that on Sunday, thanks to a government recalculation, Nigeria’s GDP...

    4. beyondbrics

      April 7, 2014

      Nigeria's GDP recalculation: the hidden costs

      Nigeria has overtaken South Africa to become Africa’s largest economy after the government released updated figures that...

    5. April 6, 2014

      Nigeria almost doubles GDP in recalculation

      Nigeria overtook South Africa on Sunday to become Africa’s largest economy and 26th largest in the world after the...

    6. February 18, 2014

      Nigeria’s missing petrol billions

      Corruption in Nigeria has fed for generations on state monopolies that encourage failure on a grand scale. Yet each time...

    7. February 13, 2014

      Nigeria pledges forensic audit of oil revenues

      Nigeria will carry out a forensic audit of the way the state oil company allocates fuel subsidies and accounts for some...

    8. February 10, 2014

      Nigeria ramps up power reform

      Nigeria has committed an additional $550m to its newly-established $1bn sovereign wealth fund towards ramping up investment...

    9. The World

      January 23, 2014

      Davos view: The power of women

      Just sometimes, you encounter somebody or something that shatters your preconceptions of Davos. I attended a private dinner...

    10. October 10, 2013

      Oil prices help Nigeria balance the books

      Thank goodness for high global oil prices. That has been the feeling among finance and treasury officials in Nigeria so far...

    11. October 10, 2013

      Business invests in future as Nigeria stumbles on

      On the morning of 30 September, President Goodluck Jonathan was in celebratory mood. At his villa in Abuja he handed over...

    12. October 10, 2013

      Aliko Dangote builds up manufacturing with $9bn Nigeria refinery

      Aliko Dangote’s industrial conglomerate operates in some of the world’s trickiest environments for manufacturing, where...

    13. October 10, 2013

      Interest in frontier bonds benefits Nigeria

      Nigeria wants to expand its presence in the foreign currency sovereign bond market, with plans to develop a fuller range of...

    14. October 10, 2013

      Nigeria fights to recover Abacha funds from Liechtenstein

      Nigeria has embarked on an international campaign to press Liechtenstein into returning €185m of ill-gotten gains linked to...

    15. September 8, 2013

      Nigeria: Oil theft hits production levels

      In 2009, the Niger delta was a mess. Relentless attacks on pipelines and the kidnapping of oil workers had cut the country’s...

    16. beyondbrics

      July 5, 2013

      Nigeria: borrowing cautiously

      It’s a busy time for Nigerian finance ministry officials. This week they celebrated the launch of eurobonds worth $1bn. On...

    17. July 3, 2013

      Nigeria warns on EM borrowing pain

      Nigeria’s finance minister has warned other developing countries that the end of US quantitative easing will rattle emerging...

    18. beyondbrics

      May 30, 2013

      Sanusi: Nigerian 'rates more likely to go up than down'

      As African central bank governors go, few have a higher profile than Lamido Sanusi – and few have courted more controversy....

    19. May 9, 2013

      Nigeria signs up MasterCard to make dual-purpose identity card

      MasterCard is teaming up with the Nigerian authorities to launch identity cards that will double up as electronic payment...

    20. beyondbrics

      February 27, 2013

      Nigeria's budget: oil optimism pits spenders against savers

      Nigeria’s long-delayed 2013 budget was finally signed off on Monday by president Goodluck Jonathan, ending months of...

    21. January 22, 2013

      Africa: Continent’s twin poles on different trajectories

      Sub-Saharan Africa’s voice on the global stage has been strongest in the past decade and a half when its two most powerful...

    22. December 17, 2012

      Kidnappers demand Nigeria minister quit

      ABUJA, December 17 – Kidnappers who held the mother of Nigeria’s finance minister for five days told their captive that her...

    23. December 10, 2012

      Nigeria minister’s mother kidnapped

      Police in Nigeria are searching for the mother of finance minister Ngozi Okonjo-Iweala after the 82-year-old was kidnapped...

    24. The World

      October 22, 2012

      A spotlight on oil theft in Nigeria

      Children sail past an oil pipeline head near their home in Rivers State in April 2011 (Pius Utomi Ekpei/AFP/Getty) The world...

    25. October 3, 2012

      Nigeria plans big boost to sovereign fund

      Nigeria’s government hopes to expand its new sovereign wealth fund by at least $1bn a year, despite lingering opposition...

    26. beyondbrics

      October 1, 2012

      Nigeria's SWF: to be or not to be?

      It’s a big day on Tuesday for investment banker Uche Orji and, potentially, for Nigeria’s future fiscal stability, too....

    27. September 12, 2012

      Nigeria borrows $600m from China bank

      Nigeria had signed a deal to borrow $600m from China’s Export-Import Bank, most of which would be used to build a railway...

    28. beyondbrics

      August 2, 2012

      Tanzania: time for a SWF

      Impeccable timing. That’s the only phrase that can describe this week’s announcement that Tanzania is to set up a sovereign...

    29. June 26, 2012

      Jonathan faces challenge to curb oil theft

      Like a tropical Venice, the town of Abonnema is packed on an island in the Niger delta – a deep river to one side,...

    30. June 26, 2012

      Nigeria losing $1bn a month to oil theft

      The Nigerian state and oil companies are losing a billion dollars or more a month to oil theft by criminal networks whose...

    31. June 18, 2012

      Nigeria faces $4bn fuel subsidy gap

      Nigeria needs an additional $4bn to maintain its controversial fuel subsidy in 2012 after the federal government spent more...

    32. April 17, 2012

      Africa presses for World Bank reform

      African leaders and development experts are to push for changes in World Bank policy and faster reform of its selection...

    33. beyondbrics

      April 16, 2012

      World Bank chooses Kim (surprise!)

      The World Bank on Monday chose Jim Yong Kim (pictured left), the US nominee, as its next president. While the decision was...

    34. April 16, 2012

      Twelve days in west Africa: Abuja-Lagos

       Abuja - Lagos Tuesday-Thursday To lunch at the heavily fortified British high commissioner’s residence. Or not to lunch....

    35. April 16, 2012

      World Bank picks Kim as next head

      The World Bank has chosen Jim Yong Kim as its next president, ending a bitter selection process that the US nominee’s main...

    36. April 13, 2012

      Kim on track to lead World Bank

      Jim Yong Kim, the US nominee, seems certain to become the next president of the World Bank after developing countries failed...

    37. April 9, 2012

      My vision for the World Bank

      In 1944, the Bretton Woods conference set up institutions that reflected a world about to emerge from the second world war....

    38. beyondbrics

      April 5, 2012

      Brics vs World Bank

      There’s nothing Brazil’s finance minister loves more than a face-off between the ‘developed’ and ‘developing’ world. But...

    Search for Ngozi Okonjo-Iweala and