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
IEA chief says Nigeria could double energy investment within five years
By: Reuters 4th September 2026 Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said... →
Unlocking battery storage potential for sustainable mini-grid electrification in West Africa
1st September 2026 Western Africa is the second-largest region in Sub-Saharan Africa for the number of people without access to electricity – about 33% of 565-million... →
Nigerian gunmen raise over $5m from mass kidnappings, study finds
By: Reuters 27th August 2026 Nigerian kidnappers have collected nearly $5.8-million in ransom payments in the last year from civilian abductions, crime that is crippling... →
Unusual suspects: elders in West Africa’s changing drug trade
By: ISS, Institute for Security Studies 27th August 2026 The apparent rise of trafficking by older adults could reflect a new criminal adaptation rather than individual criminality. Adults aged 50 and... →
The economy we are waiting for may never arrive: we need to imagine new paths to development
By: Econ3x3 27th August 2026 South Africa’s development challenge is not only economic; it is also one of imagination. We need to find new areas where growth, innovation, and... →
Nigeria's president orders rescue after mass kidnapping exposes security failings
By: Reuters 26th August 2026 Nigerian President Bola Tinubu ordered the military and other security agencies on Tuesday to launch an immediate rescue operation after scores of... →
Pay the Xenofobie 5 Million Rands
26th August 2026 In the wine cellar turned war room of a fake vineyard outside Pretoria, the Afrikaner woman known as Die Maker, dressed in milk white linen,... →
Nigeria's president orders rescue after mass kidnapping
By: Reuters 25th August 2026 Nigerian President Bola Tinubu ordered the military and other security agencies on Tuesday to launch an immediate rescue operation after scores of... →
Nigeria reforms helped to avert economic collapse, finance minister says
By: Reuters 19th August 2026 President Bola Tinubu's overhaul of Nigeria's economy, including scrapping a costly fuel subsidy and devaluing the currency, has helped to... →
At least 25 killed in attack on Nigeria's Plateau amid reprisal fears
By: Reuters 19th August 2026 At least 25 people were killed in an overnight attack on a village in Nigeria's central Plateau state, local officials and residents said on... →
