Nigeria

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...

Team Nigeria’s Stars Lit Up the 2026 Commonwealth Games

Team Nigeria finished with 24 medals, including 10 gold. Several athletes rewrote the record books with historic performances. Nigeria secured a top-10 finish in Glasgow and closed the Games with momentum. Aug 03, (THEWILL) — The 2026 Commonwealth Games...
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Latest News

Captives In Minefield: Kidnappers Turn Forests Into Death Traps As Woman Gives Birth In Captivity

The developments emerged from two separate kidnapping incidents involving prospective National Youth Service Corps (NYSC) members travelling to orientation camps in the South-East and South-South, and farmers abducted from their fields in Niger State.
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