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Nigeria

  • Tuesday, 7 January, 2025
    Seplat Energy Plc
    Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat

    Buyer of ExxonMobil’s assets in the west African country wants to double production within six months

    Two workers in blue overalls and white helmets are operating machinery at an industrial site.
  • Saturday, 21 December, 2024
    Nigeria tax spat opens country’s smouldering north-south divide

    Critics warn President Bola Tinubu’s proposed changes to VAT distribution will help wealthier southern states

    People walk past the Nigerian National Assembly
  • Friday, 20 December, 2024
    Oil & Gas industry
    Shell tied new Nigeria offshore investments to approval for oil asset sale

    Approval for exit from operation at centre of decades of criticism over environmental impact marked sharp turnaround

    Bonga offshore production facility
  • Friday, 6 December, 2024
    News in-depth
    How Lagos’s nightlife lost its famous energy

    Nigerian president’s economic shock therapy has gutted the middle class and the megacity’s festive party scene

    Bature Brewery
  • Tuesday, 3 December, 2024
    Energy Source
    Nigeria’s radical idea for car owners facing soaring petrol prices Premium content

    The government is encouraging citizens to convert their vehicles to run on compressed natural gas

    Customers refuel their vehicles with compressed natural gas at a filling station
  • Wednesday, 6 November, 2024
    The Big Read
    Big Oil’s dirty legacy in Nigeria

    Who will clean up the environmental mess when Shell and others pull out of the Niger Delta?

  • Tuesday, 29 October, 2024
    Aliko Dangote
    Nigeria’s president summons Aliko Dangote over supplies to new oil refinery

    Meeting on Tuesday is needed to release more crude for refinery, says industrialist

    A view of the Dangote Petroleum Refinery and Petrochemicals complex in Lagos, showcasing large industrial pipes and structures.
  • Tuesday, 29 October, 2024
    Fintech
    Nigeria-based fintech Moniepoint gains ‘unicorn’ status

    Company raises $110mn from investors including Google despite slowdown in fundraising for African start-ups

    Moniepoint logo and card
  • Wednesday, 23 October, 2024
    Cryptocurrencies
    Nigeria drops money laundering charges against detained Binance executive

    US citizen who heads financial crime compliance at crypto exchange had been held since February

    Tigran Gambaryan at the federal high court in Abuja, Nigeria in April 2024
  • Sunday, 20 October, 2024
    News in-depthBanks
    Nigerian banks race to raise capital after order to bolster balance sheets

    Central bank moves to promote stability in industry while country struggles with deteriorating economy

    Exterior of Central Bank of Nigeria headquarters in Abuja
  • Wednesday, 16 October, 2024
    More than 100 killed in Nigeria fuel tanker explosion

    Incident comes as citizens in Africa’s most populous nation struggle with surge in petrol prices

    A video shows the fuel tanker burning in northern Nigeria
  • Wednesday, 16 October, 2024
    Indermit Gill
    Nigeria’s economic transformation must succeed

    Failure would set back the cause of reform across sub-Saharan Africa

    Shoppers and traders in a congested street market in Lagos
  • Tuesday, 1 October, 2024
    Energy Source
    Nigeria’s Dangote refinery reignites debate over petrol subsidies Premium content

    The country’s new ‘single train’ facility has started producing the fuel, making it locally available

    Cars queue to buy petrol at a NNPC petrol station
  • Wednesday, 18 September, 2024
    FT SeriesThe FT Magazine’s Guide to the Business Lunch
    The FT foreign correspondents’ guide to business dining around the world

    The top tables for breaking bread and sealing deals in great global cities

  • Sunday, 1 September, 2024
    Financial fraud
    Nigerian fintech chief fined $250mn after holdings described as a ‘fiction’

    Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies

  • Monday, 26 August, 2024
    Meta Platforms
    Nigeria in push to crack down on online extortion scams

    Meta’s removal of more than 63,000 fake accounts shines a light on how to protect vulnerable people online

    A montage showing a hooded figure whose face is hidden at a laptop alongside the logo of Meta
  • Friday, 23 August, 2024
    Nigeria flies into storm over purchase of ‘state of the art’ presidential jet

    Acquisition sparks criticism of a government many see as detached from struggling citizens

    A Nigerian Air Force Airbus A330 jet is pictured on the tarmac, preparing for departure to France. In the foreground, two uniformed guards stand at attention, holding Nigerian flags.
  • Thursday, 15 August, 2024
    Nigerian jets ordered to be seized in Chinese company dispute

    Judgment is latest arbitration effort by a foreign group alleging that the African nation reneged on an agreement

    A Nigerian Air Force Dassault Falcon 7X
  • Sunday, 4 August, 2024
    Nigerian president calls for end to protests

    A dozen people have been killed in four days of unrest over soaring inflation

    Nigerian security forces patrol the streets of Lagos
  • Friday, 2 August, 2024
    Nigerians take to the streets for second day of nationwide protests

    More than a dozen killed as security forces fire on demonstrators inspired by youth-led Kenyan revolt

    Security forces fire tear gas to disperse protesters in Lagos, Nigeria on August 1 2024
  • Thursday, 1 August, 2024
    Oil31 min
    Nigeria's struggle to break the 'oil curse' | FT Film

    Can the new $20bn Dangote refinery and ending fuel subsidies help to transform the economy?

    Can Nigeria end the 'oil curse'?
  • Tuesday, 30 July, 2024
    Energy Source
    Nigeria’s Dangote refinery embroiled in billionaire’s feud with government Premium content

    An industry regulator accused Africa’s richest man of monopolistic practices with his new $20bn plant

    Workers stand in front of the Mild Hydrocracking Unit at the Dangote Petroleum Refinery
  • Friday, 19 July, 2024
    Exchange traded funds
    iShares move to close last physical frontier ETF marks end of era

    ‘Persistent liquidity challenges’ and denuding of the index have ended a 12-year experiment

    A vendor counts out Nigerian naira banknotes
  • Tuesday, 16 July, 2024
    The FT ViewThe editorial board
    Shock therapy alone will not cure Nigeria’s economic ills

    Tinubu’s reforms need to be bolstered by a national strategy for growth

    Nigeria’s President Bola Tinubu
  • Sunday, 30 June, 2024
    News in-depthTech start-ups
    Nigeria’s food delivery industry whets investors’ appetite

    Sector forecast to double in value over eight years but soaring inflation will erode families’ spending power

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