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February 19, 2014

Sub-Saharan Africa
Ngozi Okonjo-Iweala on “Reforming Nigeria”

Stuart Reid published in the current issue of Foreign Affairs a fascinating interview with Nigeria Finance Minister Ngozi Okonjo-Iweala. The finance minister was educated at Harvard and MIT and is a …

Nigeria's Finance Minister Ngozi Okonjo-Iweala address the audience on the achievements of President Goodluck Jonathan's administration while delivering the mid-term report during Democracy Day celebrations in Abuja May 29, 2013.

April 2, 2012

Sub-Saharan Africa
The Economist Endorses Ngozi Okonjo-Iweala

The Economist has strongly endorsed Nigerian Finance Minister Ngozi Okonjo-Iweala for the presidency of the World Bank. The March 31st editorial argues that the American and European "carving up" for…


September 19, 2013

Sub-Saharan Africa
Nigeria’s Ngozi Okonjo-Iweala Under Fire and the Ghost of Biafra

Ngozi Okonjo-Iweala, the minister of finance in Goodluck Jonathan’s government, is widely respected by the international economic community. A veteran of the World Bank, she served as finance ministe…

Africa - Ngosi Okonjo-Iweala (1)

June 27, 2011

Financial Markets
Ngozi Okonjo-Iweala: Nigeria’s Next Finance Minister?

Ngozi Okonjo-Iweala, managing director at the World Bank, participates in a panel discussion at the Clinton Global Initiative in New York. (Chip East/Courtesy Reuters) The Nigerian press reports th…

Ngozi Okonjo-Iweala: Nigeria’s Next Finance Minister?

February 13, 2019

Nigeria Is Oil Dependent, not Oil Rich

At a business breakfast on February 7, Doyin Salami pointed out the elephant in the living room of Nigeria’s economy. The country is not oil rich; rather it is oil dependent. He asked attendees to acknowledge this distinction.


November 7, 2018

Nigerians’ Growing Cultural Influence Around the World

In the article, author Adenike Olanrewaju describes the emergence of publications Genevieve Magazine, Exquisite Magazine, Today’s Woman, and Glam Africa. With an increasingly cosmopolitan elite, Olanrewaju writes, “luxury brands are eager to establish firmer footholds there.”


June 25, 2015

Sub-Saharan Africa
Nigeria’s Cupboard is Bare

According to the media, President Muhammadu Buhari said on June 23 that Nigeria’s treasury is “virtually empty.” In order to document this he has promised to release a report on the size of Nigeria’s…


January 7, 2014

Sub-Saharan Africa
Who Will Shape Nigeria’s Elite Politics in 2014?

Emmanuel Aziken has written a thoughtful analysis of some of the major political players in his article on December 30 in Vanguard. His pick: President Goodluck Jonathan, speaker of the House of Repr…

(Front seated, from L to R) Nigeria's Vice President Namadi Sambo, President Goodluck Jonathan and Secretary to the Government of the Federation (SGF) Anyim Pius Anyim attend the opening of the Presidential Power Reform Transaction signing summit in Abuja April 22, 2013.

December 10, 2012

Sub-Saharan Africa
Nigerian Finance Minister’s Mother Kidnapped

Kamene Okonjo, Ngozi Okonjo-Iweala’s mother, who is a medical doctor and the wife of a traditional ruler, was kidnapped on December 9, 2012. The kidnapping highlights a growing menace in the oil-rich…

 Managing Director of the World Bank Ngozi Okonjo-Iweala speaks during a news conference in Tirana 10/01/2011.

March 28, 2012

Sub-Saharan Africa
Africa Unlikely to Win World Bank Presidency

Nigeria, South Africa, and Angola are supporting the candidacy of Nigeria’s foreign minister, Ngozi Okonjo-Iweala, for the World Bank (WB) presidency. For that office, President Obama has nominated t…