Nigeria Inflation Accelerates as Middle East War Fuels Fuel Cost Surge
Nigeria’s inflation quickens to a multi-year high as the Middle East war drives fuel costs, intensifying naira depreciation and central bank hawkishness.
Nigeria’s inflation quickens to a multi-year high as the Middle East war drives fuel costs, intensifying naira depreciation and central bank hawkishness.
Africa's largest refinery boosts Nigerian crude intake as international demand wanes, reshaping supply dynamics for Brent-linked oil grades.
Algeria launched the $13 billion Trans-Saharan gas pipeline construction, set to deliver up to 30 bcm of Nigerian gas annually to Europe,…
Dangote Group will double its 650,000 barrel-per-day oil refinery and launch an oil trading arm, positioning Nigeria as a West African refining…
Nigeria considers refinancing its expensive sovereign debt as the oil price rally bolsters government revenues and opens a window to reduce interest…
Nigeria’s Q1 GDP growth decelerated to 2.8% as the oil sector contracted, underscoring the economy’s vulnerability to crude output swings and dampening…
Nigeria's central bank held its key interest rate, betting that the Iran war's fuel price shock is transitory, a move that could…
Amid Iran war supply disruptions, Nigerian oil producers are boosting output to capitalize on higher prices and fill the global supply gap.
Nigeria’s Oando capitalizes on Iran war oil supply disruption as risk-averse buyers pivot to Nigerian crude, driving Brent prices above $90 and…
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.
Oil's rally has transformed Nigeria from a distressed EM credit into a sought-after bet, sparking a naira rebound and a bond rally…