Nigeria

Nigeria is often described, casually and sometimes cruelly, as having a “people’s problem.” The phrase is usually invoked to explain everything from poor governance and low productivity to corruption and social disorder. But this framing is misleading. Nigeria’s challenge is not a failure of individual Nigerians.

Sam Diala examines how the women of South-East Nigeria have turned the traditional August Meeting into a community development initiative supported by Nestle Nigeria

Across Nigeria, the nation’s major highways are increasingly becoming economic traps. Some highways are among the routes that have repeatedly subjected motorists, passengers and businesses to debilitating congestion, accidents and prolonged delays.

Nigeria attracted about $8.39bn in foreign direct investment (FDI) between 2022 and 2025, with inflows rising sharply in 2025 amid renewed activity in the oil and gas sector.

The Federal Government has congratulated Mexico on its 216th Independence Anniversary, praising the country’s nation-building journey.

Nigeria allotted approximately ₦1.60 trillion in government bonds at its September auction, securing additional long-term financing as investors accepted a lower yield on debt maturing in June 2038.

Nigeria is getting a major boost from crude oil prices trading above $100 per barrel, but the windfall could come with high costs for households and businesses.

Fitch Ratings has raised fresh concerns over Nigeria’s $5bn Total Return Swap with First Abu Dhabi Bank, warning that the financing structure could create additional risks for government liquidity.

Nigeria allotted approximately ₦1.60 trillion in government bonds at its September auction, with more than half allocated outside competitive bidding.

Nigeria’s latest petrol price increase has not eliminated one of the strongest incentives for cross-border fuel diversion: a substantial price gap between Nigeria and neighbouring countries.