A group of developing countries urged the International Monetary Fund to adapt its policy advice and lending toolkit to mitigate the global economic risks mounting during the US-Israeli war against Iran.
A group of developing countries urged the International Monetary Fund to adapt its policy advice and lending toolkit to mitigate the global economic risks mounting during the US-Israeli war against Iran.
Nigerian Finance Minister Olawale Edun speaks during a briefing on the Intergovernmental Group of Twenty-Four (G-24) at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 14, 2026.
The US allowed non-emergency workers and family members of employees at its embassy in Nigeria to leave, citing threats it deemed credible and a deteriorating security situation in the West African nation.
The US allowed non-emergency workers and family members of employees at its embassy in Nigeria to leave, citing threats it deemed credible and a deteriorating security situation in the West African nation.
Nigeria has slashed the time it takes to approve applications to revive idle oil wells from weeks to hours as Africa’s top crude producer seeks to take advantage of high energy prices.
Nigeria has slashed the time it takes to approve applications to revive idle oil wells from weeks to hours as Africa’s top crude producer seeks to take advantage of high energy prices.
Nigeria’s oil production fell to 1.31 million barrels per day in February. Photographer: Tom Saater/Bloomberg
Suicide bombers staged deadly attacks on three crowded locations in the northeastern Nigerian city of Maiduguri, the first coordinated operation of its kind there in almost a decade.
Suicide bombers staged deadly attacks on three crowded locations in the northeastern Nigerian city of Maiduguri, the first coordinated operation of its kind there in almost a decade.
A soldier inspects the scene of a bomb blast in Maiduguri, Nigeria, on March 17
Nigeria’s annual inflation rate eased marginally in February, giving consumers a small measure of temporary respite before fuel prices and transport costs began rising due to the Iran war.
Nigeria’s annual inflation rate eased marginally in February, giving consumers a small measure of temporary respite before fuel prices and transport costs began rising due to the Iran war.
Shoppers at Balogun market in Lagos. Photographer: Victor Adewale/Bloomberg
Nigeria’s central bank has prepared contingency measures to stabilize the naira if it comes under pressure, as investors dump riskier emerging-market assets because of the crisis in the Middle East.
Nigeria’s central bank has prepared contingency measures to stabilize the naira if it comes under pressure, as investors dump riskier emerging-market assets because of the crisis in the Middle East.
Nigerian naira and US dollar banknotes being counted at a currency exchange bureau in Lagos, Nigeria, on Monday, Jan. 26, 2026. Participation by foreign investors in Nigeria’s equity market rose the most in 2025 to its highest level in 19 years, as government fiscal and monetary reforms boosted investor confidence.
Nigeria halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called for the move.
Nigeria halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called for the move.
A flame rises from a gas flare stack at the under-construction Dangote Industries Ltd. oil refinery and fertilizer plant site in the Ibeju Lekki district, outside of Lagos, Nigeria, on Friday, March 6, 2020. Aliko Dangote, Africa’s richest man, plans to spend more than his net worth of $13.5 billion building one of the world’s biggest oil refineries.
Dangote Fertiliser Ltd., one of Africa’s biggest producers of crop nutrients, has seen a substantial increase in demand for its products as the US-Israel war on Iran disrupts supplies.
Dangote Fertiliser Ltd., one of Africa’s biggest producers of crop nutrients, has seen a substantial increase in demand for its products as the US-Israel war on Iran disrupts supplies.
The Dangote Industries Ltd. oil refinery and fertilizer plant site in Lagos. Photographer: Benson Ibeabuchi/Bloomberg
Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the electoral commission revised the polling schedule.
Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the electoral commission revised the polling schedule.
Nigeria’s President Bola Tinubu has named a new inspector-general of police who will lead efforts to stem rising violence by armed groups, underscoring persistent security challenges in the country despite US military support.
Nigeria’s President Bola Tinubu has named a new inspector-general of police who will lead efforts to stem rising violence by armed groups, underscoring persistent security challenges in the country despite US military support.
Men ride past a burnt truck following the attack in Woro, Kwara State, Nigeria, on Feb. 5, 2026. D
Nigeria’s central bank is set to resume easing with its largest interest-rate cut since 2020 on Tuesday, as a stronger naira, moderating inflation and rising foreign-exchange reserves give policymakers room to shore up economic growth.
Nigeria’s central bank is set to resume easing with its largest interest-rate cut since 2020 on Tuesday, as a stronger naira, moderating inflation and rising foreign-exchange reserves give policymakers room to shore up economic growth.
Private equity firms in Nigeria are slowing dealmaking, with some freezing investment as they lobby the government to soften the impact of its tripling of a capital-gains tax, people familiar with the situation said.
Private equity firms in Nigeria are slowing dealmaking, with some freezing investment as they lobby the government to soften the impact of its tripling of a capital-gains tax, people familiar with the situation said.
Nigeria’s government, in a move to bolster public finances, ordered the state-owned oil company to share more of the oil and gas production proceeds it’s been retaining.
Nigeria’s government, in a move to bolster public finances, ordered the state-owned oil company to share more of the oil and gas production proceeds it’s been retaining.
Nigeria’s government, in a move to bolster public finances, ordered the state-owned oil company to share more of the oil and gas production proceeds it’s been retaining.
Nigeria’s government, in a move to bolster public finances, ordered the state-owned oil company to share more of the oil and gas production proceeds it’s been retaining.
A Nigerian startup building autonomous security systems to protect critical infrastructure on the continent raised an additional $22 million in a new capital round that was led by venture firm Lux Capital and the chief executive officer of Lagos-based unicorn Flutterwave.
A Nigerian startup building autonomous security systems to protect critical infrastructure on the continent raised an additional $22 million in a new capital round that was led by venture firm Lux Capital and the chief executive officer of Lagos-based unicorn Flutterwave.
The Terra Industries facility in Abuja, Nigeria, on Feb. 9.
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