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Shock therapy keeps the people waiting | Article Preview

Dollar-rich investors have reacted to President Tinubu s radical reforms by rushing to the door, President Bola Tinubu s great gamble that shock therapy – ending subsidies and devaluing the naira – would bring back foreign capital and stabilise state finances isn t working. Instead, the naira is plumbing new depths against the US dollar each week and a slew of multinational companies are selling their assets.
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Why ECOWAS should focus on restoration of constitutional order, not Bazoum

After almost two weeks of a standoff between coup plotters in the Niger Republic, and the Economic Community of West African States (ECOWAS), both parties are now ready to dialogue. ....

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Niamey's junta thumbs its nose | Article Preview

Beyond ignoring military threats and reshuffling the army command, the ruling generals lack a strategy, In another show of insouciance, the Niamey junta named a new team of ministers a few hours before West African leaders met in Abuja on 10 August to discuss how to reinstate President Mohamed Bazoum and restore constitutional rule. It has since emerged that the junta leaders had told United States Acting Deputy Secretary of State Victoria Nuland on 7 August that they would kill Bazoum if neighbouring states tried to intervene militarily.
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West African bloc gathers for key summit on Niger coup

Leaders from West African bloc ECOWAS will meet on Thursday for an emergency summit on the coup in Niger, after the country's military chiefs defied an ultimatum to restore the elected president.Two weeks after the coup that toppled Mohamed Bazoum, the Economic Community of West African States (ECOWAS) says it is seeking a diplomatic solution but has not ruled out using force to resolve the crisis. ....

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Tinubu orders forensic audit of central bank and civil service payroll | Article

Claimed number of civil service employees is unbelievable, President tells World Bank chief Ajay Banga, Spelling out sweeping reforms in the public sector, President Bola Tinubu told Ajay Banga, President of the World Bank, in Abuja on 4 August that he was refocusing state spending to boost growth, expand power generation and communications.
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