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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

Reserve Bank Governor Lesetja Kganyago

South Africa unexpectedly holds rates as it flags growth risks 

By: Bloomberg     23rd July 2026 The South African Reserve Bank defied expectations and held interest rates steady to support economic growth after revising its inflation forecasts... 

In on Africa

Parallel financial systems are reinventing Africa’s financial landscape

23rd July 2026 The digital revolution has enabled African countries to broaden access to financial services for the benefit of all Africans. Smart phones have... 

US President Donald Trump

Trump praises Nigeria's efforts against violence towards Christians

By: Reuters     23rd July 2026 US President Donald Trump praised Nigerian President Bola Tinubu for his actions against violence, according to a letter released by Nigeria's... 

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The Conversation logo

Shadows of past political violence shape the lives of young Africans for years – a study of nine countries

20th July 2026 Political violence refers to the use of force by groups pursuing political goals. It can include attacks on civilians, armed clashes, riots and... 

Nigerian President Bola Tinubu

Nigeria to track poverty, incomes as government seeks proof reforms are working

By: Reuters     16th July 2026 Nigeria plans to publish indicators tracking poverty, incomes and inequality as President Bola Tinubu's government seeks to show that economic... 

J’activists: the hybrid nature of conflict journalism in Sudan’s ‘silent war’

J’activists: the hybrid nature of conflict journalism in Sudan’s ‘silent war’

By: ISS, Institute for Security Studies      15th July 2026 Sudan’s ongoing conflict between the Sudanese Armed Forces and Rapid Support Forces, increasingly viewed as a proxy war driven by competing... 

AFRICA-FX-Kenyan currency could be boosted by remittances

AFRICA-FX-Kenyan currency could be boosted by remittances

By: Reuters     9th July 2026 Kenya's currency is expected to strengthen against the dollar in the next week to Thursday, those of Ghana and Uganda could fall, and Nigeria's and... 

President Cyril Ramaphosa

Daily Podcast – July 07, 2026

By: Haydon Whitley     7th July 2026 Making headlines: SAPS rejects 'false' claims over death of Nigerian national in custody; ActionSA escalates Phala Phala battle, accuses SAPS of... 

SAPS rejects 'false' claims over death of Nigerian national in custody

SAPS rejects 'false' claims over death of Nigerian national in custody 

By: Thabi Shomolekae     7th July 2026 The South African Police Service (SAPS) has strongly refuted claims surrounding the death of a Nigerian national in Sunnyside, Pretoria, labelling... 

Image of Bola Tinubu

Nigeria to investigate tech firms over news content use

By: Reuters     7th July 2026 Nigerian President Bola Tinubu has directed the country’s competition regulator to investigate major technology companies over alleged... 

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