Nigeria
Nigeria is a country in West Africa and the most populous nation on the African continent. The capital is Abuja, whilst Lagos serves as the commercial hub and largest city. With a population exceeding 200-million people, Nigeria operates a federal presidential republic system of government. The economy is the largest in Africa by nominal GDP, historically driven by oil and gas exports, which account for the majority of government revenue and foreign exchange earnings. The currency is the naira. Key economic sectors include petroleum, agriculture, telecommunications, financial services and manufacturing. Nigeria is a member of the Economic Community of West African States (Ecowas), the African Union, the Commonwealth and the Organisation of the Petroleum Exporting Countries (OPEC). The country faces significant infrastructure challenges, including persistent electricity supply deficits and loadshedding. Nigeria gained independence from British colonial rule in 1960 and has since experienced periods of military rule interspersed with democratic governance, transitioning to sustained civilian rule from 1999.
Nigeria Updates
African lenders formally establish $5bn energy bank
By: Reuters 2nd November 2026 The African Export-Import Bank and the African Petroleum Producers' Organisation have formally established the Africa Energy Bank, according to a... →
Nigerian families and survivors seek justice over miners' deaths
By: Reuters 30th October 2026 Families of 37 artisanal miners who died in custody in Nigeria want swift justice and the return of property seized during their arrest, saying no... →
Nigeria agrees transport allowance for federal government workers ahead of Tinubu re-election bid
By: Reuters 28th October 2026 Nigeria's government agreed on Wednesday to pay federal government workers a 70 000 naira monthly transport allowance for six months as part of a... →
The criminalisation trap in Africa’s responses to artisanal mining
By: ISS, Institute for Security Studies 28th October 2026 Crackdowns often punish miners who are trying to survive, fuelling crime and conflict while leaving powerful players untouched. Thirty-seven boys... →
Morocco tops South Africa in RMB continental investment ranking
By: Bloomberg 27th October 2026 Morocco overtook South Africa to become the continent’s fourth-most attractive investment destination as years of industrialisation and faster... →
Congo's Ebola infections surpass 10 000, government says
By: Reuters 27th October 2026 The number of confirmed Ebola cases in Democratic Republic of Congo has risen above 10 000, government data showed on Tuesday, a milestone that... →
Daily Podcast – October 26, 2026
By: Halima Frost 26th October 2026 Making headlines: Moody's says South Africa's budget update is credit positive; EFF, Ramaphosa congratulate Brazil’s Lula on fourth term; And,... →
Nigeria targets single-digit inflation by end-2027 to unlock cheaper borrowing, minister says
By: Reuters 26th October 2026 Nigeria aims to cut inflation to low single digits before the end of 2027, paving the way for sharply lower interest rates that could lower... →
Ebola scientists to probe Nigeria case origin, Africa CDC says
By: Reuters 26th October 2026 A team of leading Ebola scientists will travel to Nigeria to help investigate how the country’s first patient in more than a decade got infected,... →
Nigeria's Ebola patient medically evacuated to Switzerland
By: Reuters 26th October 2026 Nigeria's Ebola patient left the country on a medical evacuation flight to Switzerland on Monday morning, the health minister said. The patient is... →
