The US isn’t the only country to set a debt ceiling, but it is the only nation to face brinkmanship over the issue.
A controversial announcement in Tinubu’s inaugural speech has set off a chain of events in Africa’s largest economy.
Bola Tinubu takes over at a time of political division and economic difficulties.
Tinubu inherits economy riddled with huge debt from predecessor Buhari, whose protectionist policies spooked investors.
From the economy to security, Buhari’s legacy will be one of missteps and misdeeds as he hands over power, analysts say.
Tinubu, Nigeria’s fifth president since the return of democracy in 1999, faces economic and security challenges.
![Nigeria's President Bola Tinubu stands next to his predecessor Muhammadu Buhari, as he receives the new flags folded in a glass box, during his swearing-in ceremony in Abuja, Nigeria May 29, 2023. [Temilade Adelaja/Reuters]](/wp-content/uploads/2023/05/2023-05-29T133320Z_1223093321_RC2B81AS2C4U_RTRMADP_3_NIGERIA-POLITICS-1685369773.jpg?resize=270%2C180&quality=80)
Voters have been let down before, wonder if Bola Tinubu will be able to fix systemic issues in Africa’s largest economy.
Inflation driven by economic instability, fallout from war in Ukraine and COVID have made jollof rice an expensive meal.
![A man covers harvested rice in a rice field in Nanan, Yamoussoukro, Cote d'Ivoire. [Thierry Gouegnon/Reuters]](/wp-content/uploads/2023/05/2014-10-09T120000Z_296825572_GM1EAA91U4X01_RTRMADP_3_RICE-IVORYCOAST-1684761484.jpg?resize=270%2C180&quality=80)
Owned by Africa’s richest man, the new refinery is seen as the answer to persistent fuel shortages in Nigeria.
![A worker walks past structural parts of an under construction oil refinery plant at Dangote refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019 [Temilade Adelaja/Reuters]](/wp-content/uploads/2023/05/2019-08-08T160010Z_1014941379_RC1596FC90F0_RTRMADP_3_NIGERIA-DANGOTE-REFINERY-1684769489.jpg?resize=270%2C180&quality=80)
Intercommunal conflict has killed hundreds in recent years in the ethnically and religiously diverse Middle Belt region.
Praia’s annual music expo provides an opportunity for West African music industry stakeholders to explore new frontiers.
Three other people kidnapped in the attack Nigeria’s Anambra state, according to local police.
Son of Afrobeat legend Fela Kuti allegedly assaulted a police officer, Lagos state police say.
The case is one of many legal battles Shell has been fighting after residents of oil-producing Niger Delta file suits.
