Nigeria’s annual inflation rate fell in December after the statistics office revised its calculation method to avoid an artificial spike caused by last year’s rebasing.
Nigeria’s annual inflation rate fell in December after the statistics office revised its calculation method to avoid an artificial spike caused by last year’s rebasing.
Shoppers at the Oshodi market in Lagos, Nigeria, on Wednesday, Nov. 23, 2022. Nigeria's economy grew 2.25% year-on-year in the third quarter amid a drop in the West African country's oil production.
Nigeria’s statistics agency said it will release two inflation readings for December after a methodological change led the rate to more than double.
Stalls selling textiles, consumer goods and electronics line an area of Utako Ultra Modern market in Abuja, Nigeria, on Wednesday, June 3, 2020. The government of Nigeria, whose revenue could be slashed by more than half this year due to the oil-price slump, finalized plans for a revised budget that keeps spending almost intact, and that will mean more borrowing.
Palantir Technologies Inc. co-founder Joe Lonsdale led investors betting on a little-known Nigerian defense startup that’s expanding drone manufacturing as violent extremism spreads across Africa.
Palantir Technologies Inc. co-founder Joe Lonsdale led investors betting on a little-known Nigerian defense startup that’s expanding drone manufacturing as violent extremism spreads across Africa.
Terra Industries founders Nathan Nwachukwu and Maxwell Maduka at their factory in Abuja, Nigeria.
Extremist groups competing for territory across West Africa could turn the region into a fluid insurgency corridor spanning roughly the distance from London to Rome and spark even more violence.
Extremist groups competing for territory across West Africa could turn the region into a fluid insurgency corridor spanning roughly the distance from London to Rome and spark even more violence.
A Nigerian soldier from the Multinational Joint Task Force stands guard in Monguno, Borno state, Nigeria.
Nigeria’s economy grew at a slightly faster pace than expected in the third quarter.
Customers queue at an ATM machine in Lagos, Nigeria, on Friday, Dec. 6, 2024. There are more than two million mobile agents operating across Nigeria — one for every 100 people — handling most of the country’s daily transactions and starving the formal banking system of cash.
Two dozen students abducted from a school in Nigeria were freed after more than a week in captivity, but hundreds of others seized in separate incidents remain missing as the West African nation reels from a spate of mass kidnappings.
Two dozen students abducted from a school in Nigeria were freed after more than a week in captivity, but hundreds of others seized in separate incidents remain missing as the West African nation reels from a spate of mass kidnappings.
Belongings scattered at a school following abductions in Papiri community, Nigeria, on Nov. 21.
The Central Bank of Nigeria is poised to extend its easing cycle after softer-than-expected inflation brought it closer to the government’s year-end target.
The Central Bank of Nigeria is poised to extend its easing cycle after softer-than-expected inflation brought it closer to the government’s year-end target.
Paystack, the Nigerian fintech unit of Stripe Inc., sacked its co-founder and Chief Technology Officer Ezra Olubi after some of his old tweets resurfaced, which the company said are not consistent with its values.
Paystack, the Nigerian fintech unit of Stripe Inc., sacked its co-founder and Chief Technology Officer Ezra Olubi after some of his old tweets resurfaced, which the company said are not consistent with its values.
Fifty Nigerian students who were abducted from a Catholic school escaped from their captors over the weekend.
A general view of a classroom at St. Mary's Catholic School in Papiri, Agwarra local government, Niger state, on November 23, 2025. Fifty of the more than 300 children snatched by gunmen from a Catholic school in Nigeria have escaped their captors, a Christian group said in a statement on November 23. "We have received some good news as fifty pupils escaped and have reunited with their parents," said the Christian Association of Nigeria in a statement, adding they escaped between November 21 and 22. Gunmen raided early November 21 St Mary's co-education school in Niger state in western Nigeria, taking 303 children and 12 teachers in one of the largest mass kidnappings in Nigeria. (Photo by Ifeanyi Immanuel Bakwenye / AFP via Getty Images)
More than 300 students are confirmed missing after armed men attacked a Catholic school in northern Nigeria on Friday, the latest in a series of mass abductions in Africa’s most populous nation.
More than 300 students are confirmed missing after armed men attacked a Catholic school in northern Nigeria on Friday, the latest in a series of mass abductions in Africa’s most populous nation.
Students are seen at a Koranic school in Igbo-Ora, on October 12, 2024. (Photo by OLYMPIA DE MAISMONT / AFP) (Photo by OLYMPIA DE MAISMONT/AFP via Getty Images) Photographer: OLYMPIA DE MAISMONT/AFP
Another group of schoolchildren has been kidnapped in northern Nigeria, in the second such incident this week in the West African nation where attacks by militants have displaced thousands of people.
Another group of schoolchildren has been kidnapped in northern Nigeria, in the second such incident this week in the West African nation where attacks by militants have displaced thousands of people.
Mass kidnappings of students has been a recurring peril in Nigeria.
A Nigerian court handed a life sentence to separatist leader Nnamdi Kanu, convicting him of terrorism in a ruling that risks reigniting regional tensions and worsening the nation’s already fragile security situation.
A Nigerian court handed a life sentence to separatist leader Nnamdi Kanu, convicting him of terrorism in a ruling that risks reigniting regional tensions and worsening the nation’s already fragile security situation.
Nigerian President Bola Tinubu postponed a trip abroad to deal with security issues after a spate of attacks, including the abduction of dozens of schoolgirls, the killing of a military general and the kidnapping of churchgoers.
Nigerian President Bola Tinubu postponed a trip abroad to deal with security issues after a spate of attacks, including the abduction of dozens of schoolgirls, the killing of a military general and the kidnapping of churchgoers.
Anmelden
