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Lese-Ansicht

Nigerian Court Clears Path for Unified-Opposition Vote Challenge

Nigeria’s Supreme Court overturned a ruling that could have derailed the nation’s major opposition party ahead of national elections in 2027.

Bola Tinubu, Nigeria's president, during a meeting with Keir Starmer, UK prime minister, at 10 Downing Street in London, UK, on Thursday, March 19, 2026. Despite declaring a state of emergency in November and ordering the recruitment of thousands more security personnel, Nigeria's president has failed to stem violence that has spread beyond traditional conflict zones in the country.
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Drone Startup Builds Factory in Ghana as Insurgents Drive Demand

Terrahaptix Inc., a Nigerian drone-making startup, will open its first factory abroad in Ghana, where it will build mid-range pilotless aircraft and defense systems in response to increasing Islamist-militant activity in West Africa.

An Iroko UAV first response drone being assembled at the Terra Industries factory in Abuja, Nigeria, on Feb. 9, 2026.
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Nigeria Maintains Single-Digit Inflation Target Despite Iran War Pains

Nigeria’s central bank will stay focused on driving down inflation even as the oil price shock caused by the Iran war pushed monthly prices to the highest in more than two decades in March.

Taxi vans and street traders line a road in the Central Business District (CBD) of Lagos, Nigeria, on Monday, Aug. 14, 2023. Nigerian President Bola Tinubu has declared a state of emergency to counter the rising cost of living and in early August announced a 500 billion naira package of measures to improve food supply, ease transportation costs and boost manufacturing.
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Benin Sees IMF Agreement as Top Priority For New Government

Benin’s newly elected government plans to seek a new International Monetary Fund program when it enters office in May, as it looks to sustain economic growth that’s made it an outlier among peers.

Presidential candidate Romuald Wadagni (C) wave at supporters as he arrives at a campaign rally in Cotonou on April 10.
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G-24 Asks IMF to Adapt Rules as Energy Costs Mount From Iran War

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.
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Nigeria Central Bank Readies Naira Defense as War Shakes Markets

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.
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Nigeria Halts Gasoline Import Permits in a Win for Dangote

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.
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