The International Monetary Fund has lowered Nigeria’s 2026 economic growth forecast to 4.1 percent from 4.4 percent, citing mounting external pressures and warning that higher oil...
Rice farmers across Nigeria are reducing cultivation plans for the 2026 planting season as falling paddy prices, rising production costs and weak demand continue to compress...
Nigeria’s external reserves declined to $48.94 billion following sustained foreign exchange interventions by the Central Bank of Nigeria aimed at stabilising the naira amid rising global...
Nigeria’s economy is projected to grow by 4.2 percent in 2026 despite rising global uncertainty driven by the ongoing Iran conflict, according to the World Bank....
Nigeria is exploring a $5 billion structured financing arrangement as it seeks to reduce borrowing costs and diversify funding sources amid tightening global financial conditions. The...
Nigeria is targeting the connection of 5.2 million people to electricity by June 2026 under a $750 million renewable energy programme backed by the World Bank....
Nigeria’s ability to benefit from elevated global crude prices continues to be constrained by persistent inefficiencies in its oil sector. Despite favourable oil price trends in...
Nigeria is strengthening its position in the global energy market as increased refining capacity begins to reshape regional supply dynamics and reduce dependence on imported petroleum...
Nigeria has secured a £746 million financing agreement with the United Kingdom to overhaul critical port infrastructure in Lagos, a move expected to enhance cargo handling...
Nigeria’s security partnership with the United Kingdom moved to the forefront of bilateral relations on Thursday as President Bola Tinubu engaged British Prime Minister Keir Starmer...