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.
Nigeria's central bank plans to adopt an inflation targeting regime by 2028, a move expected to strengthen the naira and Nigerian bonds…
Dangote sets a $100 billion valuation target for his conglomerate, focusing on oil and fertilizers to transform Nigeria’s economy and lift his…
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.
Standard Chartered predicts slower Nigerian interest rate cuts as rising inflation expectations reduce the scope for monetary easing, supporting the naira and…
Nigeria's equities rally to historic peaks on reform momentum, reigniting hopes of returning to MSCI's frontier market index and drawing foreign investment…
Renaissance's oil discovery in a former Shell field in Nigeria raises local output prospects and questions about Shell's asset sales.
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…
Dangote Refinery's $40 billion IPO promises to channel massive foreign capital into Nigerian equities, rewriting African infrastructure financing and lifting local market…
Nigeria’s 49% tax revenue spike signals fiscal strengthening, lifting the naira and local bonds while oil levy reforms reshape crude output incentives.