Tag: Nigeria

Nigeria pulled in $10.37 billion in foreign capital in Q1 2026, its strongest quarterly figure in recent memory and an 83.8 percent rise from the same period last year, according ...

Africa's largest oil refinery is going global, planning to more than double its capacity by 2028 and seize a commanding share of the jet fuel market as geopolitical tensions reshape ...

Nigeria's bill for food imports dropped to $2.34 billion in 2025, a 7.37 percent decrease from the $2.53 billion recorded the year prior, according to data from the Central Bank ...

Nigeria's federal government recorded a fiscal deficit of just N330 billion in the third quarter of 2025, a figure so dramatically below expectations that it has renewed cautious optimism among ...

New data from Nigeria's Budget Office has exposed a vast gulf between government projections and reality in Q3 2025, and the numbers make for uncomfortable reading for Africa's largest economy. ...

Nigeria and Türkiye have signed a Memorandum of Understanding to strengthen bilateral cooperation in the solid minerals sector, marking one of the more consequential mining diplomacy moves by Abuja in ...

Nigeria has failed to meet its OPEC-mandated crude oil production target, raising fresh alarms about the structural rot at the heart of Africa's largest oil economy and casting a long ...

Grammy-nominated Afrobeat star Seun Kuti says he has been blacklisted in Nigeria's music industry for 13 years, not for lack of talent, but because of deliberate political moves to silence ...

The Nigerian National Petroleum Company (NNPC) has signed a new Memorandum of Understanding (MoU) with China that could become a pivotal shift in Nigeria's downstream oil landscape. The agreement, which ...

Nigeria's foreign exchange reserves are under fresh pressure, having shed $731 million in just three weeks as the Central Bank of Nigeria grapples with mounting financial obligations. Data released by ...