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Lese-Ansicht

Nigeria Inflation Eases, Setting Up Rate Cut 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
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Nigeria Allows 28 Firms to Sell Natural Gas Lost to Flaring

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.
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Nigeria Taps Ex-Intel Chief as US Envoy as Tensions Rise

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.

Bola Tinubu
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