Nigeria

European business leaders and multinational firms operating in Nigeria have called for consistent economic regulations, warning that policy unpredictability threatens the country's ability to attract long-term foreign capital and sustain investor confidence.

The 2021 acquisition of a 45% stake in Oil Mining Lease 17 by Heirs Energies represents a watershed moment for indigenous participation in Nigeria's upstream sector, as African-owned entities increasingly replace international oil majors in the Niger Delta.

The detention of former Kaduna governor Nasir El-Rufai by anti-corruption authorities has reignited debate over political accountability and systemic governance failures in Africa's most populous nation.

Pan-African payments firm Nairagram completed a N10 billion commercial paper issuance within 48 hours, while Nigeria recorded a $14 billion investment increase driven primarily by short-term portfolio flows rather than foreign direct investment.

Nigeria's oil production declined to 1.627 million barrels per day in recent reporting, missing both budget projections and OPEC quotas, while Dangote Group signed a $400 million equipment deal with China's XCMG to double refinery capacity to 1.4 million bpd.

Lagos State will convene its second energy investment forum in May to accelerate power sector reforms and attract private capital, as Nigeria grapples with chronic electricity supply failures costing households and businesses billions in losses.

Farmers across Africa confront mounting pressures as Nigerian agricultural operators grapple with lending rates reaching 60 percent while Zimbabwean growers battle prolonged dry spells threatening maize and tobacco harvests.

Enugu state's successful measles-rubella vaccination campaign contrasts sharply with national concerns over inadequate tobacco control measures, highlighting the uneven progress in Nigeria's public health landscape.

President Bola Tinubu has unveiled Nigeria's Industrial Policy 2025, introducing factory construction as the primary measure of success for the nation's industrial transformation agenda.

Nigerian President Bola Tinubu has called on traditional and religious leaders to assume responsibility for monitoring primary healthcare facilities in their communities as part of efforts to combat preventable diseases.

Multiple African economies are implementing monetary easing policies as inflation pressures subside, with Zimbabwe achieving sub-10% inflation for the first time in nearly three decades while Nigeria reports sharp food price deceleration.

Nigeria's President Tinubu challenges health workers to serve with integrity while Zimbabwe's Manhize orthopaedic hospital nears completion, reflecting a broader continental shift toward strengthening healthcare delivery systems.

Fiscal disputes intensify across the continent as regional governors challenge central authorities over revenue distribution, with Kenya's counties demanding Sh534.96 billion and Nigeria's opposition-led states alleging political discrimination in federal disbursements.

Nigeria's Economic and Financial Crimes Commission has detained former Kaduna State Governor Nasir El-Rufai for questioning over allegations of N432 billion in diverted public funds and money laundering during his tenure.

As WAEC reports an 11% drop in private examination performance, Nigeria's National Universities Commission launches framework to institutionalise micro-credentials, signaling a fundamental shift in how the country approaches skills development and employability.