Nigeria Secures $4.5 Billion Oil-Backed Loan to Bolster Foreign Reserves
A $4.5 billion oil-backed loan aims to lift Nigeria’s reserves, potentially easing naira pressure and shifting near-term oil supply expectations.
A $4.5 billion oil-backed loan aims to lift Nigeria’s reserves, potentially easing naira pressure and shifting near-term oil supply expectations.
Dangote Group's decision to revert to naira-denominated gasoline sales after a brief dollar switch alleviates foreign exchange pressure, supports the Nigerian naira,…
Nigeria’s Dangote Refinery ends naira pricing for oil products, forcing buyers to pay in dollars and raising costs for Africa’s largest economy.
Nigeria's oil industry confronts a trust-building challenge that jeopardizes upstream investment and could constrain global crude supply, pressuring Brent prices and the…
Nigeria's market-friendly reforms spike equity values but fuel political backlash as Tinubu confronts a cost-of-living crisis before the polls.
Nigeria launches adviser search for a Eurobond offering, aiming to bolster foreign reserves and lock in lower borrowing costs amid favorable EM…
Nigeria’s 49% tax revenue spike signals fiscal strengthening, lifting the naira and local bonds while oil levy reforms reshape crude output incentives.
Nigeria's inflation accelerates ahead of the central bank's first post-Iran war rate call, likely forcing a hawkish move to stabilize the naira.
Dangote Group targets more dollar-denominated bond sales to fund refinery and infrastructure growth, tapping EM credit appetite.