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Nigeria gambles with economic shock therapy

Nigeria gambles with economic shock therapy

President Tinubu says his reforms are necessary, but millions could be pushed into poverty

FT News Briefing · Forhecz Topher

July 17, 202411m 6s

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Show Notes

The UK Labour government will present its plans for the upcoming year in the King’s Speech, and Morgan Stanley experienced a slowdown in growth despite a 40 per cent profit increase. Plus, the FT’s Aanu Adeoye explains the Nigerian president’s plans to revive the country’s economy.


Mentioned in this podcast:

Starmer plans to introduce AI bill in King’s Speech

Will shock therapy revive Nigeria’s economy — or sink it further?  

Morgan Stanley’s wealth business stumbles even as profits jump 


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com


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