Nigeria

Nigeria Needs $337 billion by 2035 to Turn Climate Pledges Into Economic Growth

Nigeria’s $337 billion climate financing requirement puts the spotlight on private capital, bankable projects and whether its green ambitions can deliver jobs and economic growth.

Nigeria’s FDI Problem May Not Be Attracting Investors — Experts Point to Bigger Challenges

Nigeria has been urged to measure FDI by actual capital deployment rather than investment announcements. Experts say jobs, technology transfer, exports and local supply-chain participation should be key measures of success. Policy uncertainty, regulatory complexity and infrastructure constraints...

Nigeria’s Baby Cost Nightmare: Formula, Nappies, Clothes Cost More Than Annual Earnings

Nigeria’s baby-cost crisis is thrown into sharper relief by the ₦70,000 national minimum wage, which gives a minimum-wage worker an annual gross income of ₦840,000.

Glo Captures Almost Half Of Nigeria’s New Internet Subscribers In One Month

Telecommunication giant Glo added about 1.3 million internet subscribers in May, the highest among Nigeria’s major telcos.

NCC Orders Registration Of All SIM-Enabled Devices

The NCC has launched an automated system requiring all SIM-enabled communications devices entering Nigeria to be registered and authenticated before they can be sold or connected to local mobile networks.

Nigeria’s FX Utilisation Jumps 91 Percent To $50.9bn, Highest In Six Years 

FX utilisation jumped 91.1 percent from $26.65 billion in 2024, reaching its highest level since 2019.

Nigeria’s Refining Boom Opens New Fuel Market for West Africa — But There’s a Catch

West Africa's push for a regional refined-fuel benchmark is entering its execution phase as Nigeria's expanding refining capacity changes regional supply flows. Policymakers say pipelines, storage, ports, logistics, data and regulatory harmonisation must catch up with rising regional production. The ultimate...

UK Imports More Refined Fuel Than Crude Oil From Nigeria For First Time

Refined petroleum products became the UK’s biggest goods import from Nigeria, worth £674.5 million in the year to March 2026. Nigerian crude oil imports fell 64.3%, dropping below refined petroleum products for the first time in the latest...

Nigeria, Israel Move to Deepen Security, Technology, Trade Partnership

Nigeria and Israel have reaffirmed their commitment to expanding cooperation in security, technology, agriculture, healthcare and trade. Foreign Affairs Minister Bianca Odumegwu-Ojukwu said Nigeria is seeking Israeli expertise in counter-terrorism, intelligence and border security. Nigeria's new Ambassador to...

Atlanta ’96 Hero Bonfrère Jo Laments 30 Years of Neglect, Says Nigeria Still Owes Him

Bonfrère Jo says he has never been rewarded for leading Nigeria to Olympic football gold at Atlanta 1996. The former Dream Team coach claims his Olympic gold medal was stolen shortly after the historic victory. Three decades after...
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Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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