Nigeria’s finance minister said he expects the central bank to cut interest rates soon if inflation continues to cool, easing pressure on government finances strained by volatile oil prices.
Nigeria’s finance minister said he expects the central bank to cut interest rates soon if inflation continues to cool, easing pressure on government finances strained by volatile oil prices.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
The Oban Biosphere Reserve, in Calabar, Cross River, Nigeria.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
Nigeria plans to raise as much as 500 billion naira ($352 million) through green bonds this year, tapping strong investor appetite as Africa’s biggest oil producer turns to climate-linked debt to fund environmental projects and diversify its financing base.
The Oban Biosphere Reserve, in Calabar, Cross River, Nigeria.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria and the United Arab Emirates concluded an economic partnership agreement that President Bola Tinubu said will deepen trade ties and unlock investment.
Nigeria is targeting as much as $3 billion a year in carbon-market revenue after approving a framework that opens one of Africa’s largest economies to large-scale trading of emission allowances.
Nigeria is targeting as much as $3 billion a year in carbon-market revenue after approving a framework that opens one of Africa’s largest economies to large-scale trading of emission allowances.
Flames from a flare stack. Photographer: Luke Sharrett/Bloomberg
Nigeria is set to pass a law that would place it among the first African countries to regulate artificial intelligence, tightening oversight of one of the continent’s fastest-growing digital markets after years of largely unchecked expansion by global technology firms.
Nigeria is set to pass a law that would place it among the first African countries to regulate artificial intelligence, tightening oversight of one of the continent’s fastest-growing digital markets after years of largely unchecked expansion by global technology firms.
Customers at a telecoms store in Nigeria. Photographer: Jean Chung/Bloomberg
Nigeria’s state-owned oil producer plans to develop new oil fields from next year and seeks to raise at least $30 billion by the end of the decade, senior officials familiar with the plans said.
Nigeria’s state-owned oil producer plans to develop new oil fields from next year and seeks to raise at least $30 billion by the end of the decade, senior officials familiar with the plans said.
A customer waits for a container to be filled with fuel at a Nigerian National Petroleum Company Ltd. (NNPC) gas station in Lagos, Nigeria, on Wednesday, Aug. 23, 2023. Gasoline prices have more than tripled since the subsidies were abolished on May 29, exacerbating a cost-of-living crisis in Africa’s biggest economy.
After the US warned that more strikes may follow its surprise Christmas Day attack on suspected terrorist targets in Nigeria, officials in the West African nation suggested they’d be open to continued intervention.
After the US warned that more strikes may follow its surprise Christmas Day attack on suspected terrorist targets in Nigeria, officials in the West African nation suggested they’d be open to continued intervention.
Nigeria secured about $1.2 billion in funding from the United Arab Emirates to help build part of a new freeway, the West African nation’s presidency announced Friday.
Nigeria secured about $1.2 billion in funding from the United Arab Emirates to help build part of a new freeway, the West African nation’s presidency announced Friday.
Suspected Boko Haram insurgents detonated an explosive device at a mosque in Maiduguri, the capital of Nigeria’s northeastern Borno state, killing at least five people, police said.
Suspected Boko Haram insurgents detonated an explosive device at a mosque in Maiduguri, the capital of Nigeria’s northeastern Borno state, killing at least five people, police said.
People inspect the scene of a deadly bomb explosion at a mosque in Maiduguri, Nigeria, Thursday, Dec. 25, 2025. (AP Photo/Jossy Ola)
Nigeria is in advanced talks with Alphabet Inc.’s Google for a new undersea cable to strengthen the West African nation’s digital resilience, a senior government official said.
Nigeria is in advanced talks with Alphabet Inc.’s Google for a new undersea cable to strengthen the West African nation’s digital resilience, a senior government official said.
Nigerian inflation eased more than expected in November and — aside from an anticipated blip next month — is likely to continue slowing next year, strengthening the case for policymakers to resume interest-rate cuts when they meet in February.
Nigerian inflation eased more than expected in November and — aside from an anticipated blip next month — is likely to continue slowing next year, strengthening the case for policymakers to resume interest-rate cuts when they meet in February.
A money trader at a market in Abuja. Photographer: Etinosa Yvonne/Bloomberg
Nigeria has granted permits to 28 firms to buy gas currently being burned off by the oil industry, as the West African nation seeks to cut emissions and earn revenue from a resource otherwise going to waste.
Nigeria has granted permits to 28 firms to buy gas currently being burned off by the oil industry, as the West African nation seeks to cut emissions and earn revenue from a resource otherwise going to waste.
A liquefied natural gas (LNG) carrier, operated by Nigeria LNG Ltd, arrives in the port of Sines, Portugal, on Monday, Jan. 13, 2025. The world is bracing for a fight for natural gas supplies this year, prolonging the pain of higher bills for consumers and factories in energy-hungry Europe.
Nigerian President Bola Tinubu named a former intelligence chief as his top envoy to the US, seeking to ease tensions after Donald Trump warned of possible military action over claims that Christians are being systematically killed by Islamist militants in the West African nation.
Nigerian President Bola Tinubu named a former intelligence chief as his top envoy to the US, seeking to ease tensions after Donald Trump warned of possible military action over claims that Christians are being systematically killed by Islamist militants in the West African nation.
Nigeria said the US is ready to help it tackle violent extremism that President Donald Trump has characterized as targeting Christians in the West African nation.
Nigeria said the US is ready to help it tackle violent extremism that President Donald Trump has characterized as targeting Christians in the West African nation.
Empty bunk beds and scattered belongings inside a student dormitory at St. Mary's Catholic School in Papiri, Agwarra local government, Niger state, on Nov. 23.
Anmelden
