Nigeria’s central bank held interest rates as expected to curtail price pressures from the Iran war, which it described as the biggest risk to its outlook.

Seated beneath a large red canvas umbrella outside Nigeria’s main stock exchange in Lagos, Sulaimon Isiaka watches traders, bankers and executives stream past his newspaper stand each day.

Seated beneath a large red canvas umbrella outside Nigeria’s main stock exchange in Lagos, Sulaimon Isiaka watches traders, bankers and executives stream past his newspaper stand each day.

African Democratic Congress, one of Nigeria’s major opposition parties, has selected former Transport Minister Chibuike Rotimi Amaechi as the running mate to its presidential candidate, Atiku Abubakar.

Nigerian politician Peter Obi will run for president in the West African nation’s January elections, ensuring that the opposition to incumbent Bola Tinubu will once again be fragmented.

Nigeria’s main opposition party picked Atiku Abubakar as its flagbearer in January’s presidential elections, setting up a rematch of his 2023 contest with incumbent leader Bola Tinubu.

Nigeria’s economy grew at a slower-than-expected pace in the first quarter as growth in both its oil and non-oil sectors eased.

Nigeria’s economy grew at a slower-than-expected pace in the first quarter as growth in both its oil and non-oil sectors eased.

Nigerian President Bola Tinubu further strengthened his hand as the ruling party’s top candidate in next year’s presidential elections after winning overwhelming support in primaries against sole challenger Stanley Osifo.

Nigeria left its benchmark interest rate unchanged, with policymakers expecting the recent inflation uptick driven by the Iran war’s impact on energy and food prices to prove temporary.

Renewed US air strikes killed additional Islamist militants in Nigeria’s northern region, a day after a joint operation with the West African nation claimed the life of a senior ISIS commander.

The capture of a key Malian town by rebel forces last month poses a regional threat that requires foreign intervention to prevent the insurgency from spreading, Nigeria’s defense minister said.

Nigeria is imposing a new levy for buyers of heavy-engine vehicles, including SUVs and trucks, in a move designed to price in the cost of pollution, encourage electric-vehicle adoption and boost tax revenue.

Nigeria is imposing a new levy for buyers of heavy-engine vehicles, including SUVs and trucks, in a move designed to price in the cost of pollution, encourage electric-vehicle adoption and boost tax revenue.

Nigeria’s monthly inflation rate climbed to a more than two-decade high in March as surging fuel costs, driven by the US-Israel conflict with Iran, rippled through the economy.

Nigeria pushed back against reports that an Air Force strike killed civilians at a crowded market in the country’s northeast, saying the operation targeted and eliminated jihadi militants.

Nigeria is set to increase the number of crude cargoes allocated to the Dangote Refinery in a bid to boost domestic supply of refined products as the Iran war chokes traditional global energy routes.

Nigeria plans to raise $5 billion from the United Arab Emirates’ largest lender in a derivatives deal to cut borrowing costs, joining a growing number of African nations using the instruments as the war in Iran drives yields higher.

Nigeria plans to raise $5 billion from the United Arab Emirates’ largest lender in a derivatives deal to cut borrowing costs, joining a growing number of African nations using the instruments as the war in Iran drives yields higher.

A number of heavily indebted Nigerian power producers have ceased operating because their customers aren’t settling their bills and they can’t afford to run their equipment or pay for gas supplies.