Nigeria Financial News

Subscribe to enjoy similar stories. An unprecedented explosion of conflicts has carved a trail of death and destruction across the breadth of Africa—from Mali near the continent’s western edge all the way to Somalia on its eastern Horn.

In Nigeria, the first part of a $1 billion project to clean up Ogoniland in the Niger Delta, where there have been thousands of oil spills, was a “total failure.”

Bharti Airtel’s Africa unit is seeing strong business resurgence and is set to pull ahead of rival telcos operating in the African continent, including MTN, Vodacom and Orange by recording the highest revenue growth in Year 2025, analysts and industry experts said. London-based NewStreet Research estimates that Airtel Africa Plc will deliver 20.6% on-year revenue growth in Year 2025 vs 17.2% (MTN), 9% (Orange) and 6.8% (Vodacom). In Year 2024, Airtel Africa is estimated to have drawn level with MTN, with both telcos slated to report over 21% on-year revenue growth — significantly higher than Orange and Vodacom’s 9.4% and 6.4% estimated growth levels respectively, the UK brokerage added.

Growing demand for the lithium used in batteries for electric vehicles and energy storage has created a new frontier for mining in Nigeria

Growing demand for the lithium used in batteries for electric vehicles and energy storage has created a new frontier for mining in Nigeria

Brazil soccer has extended its kit deal with Nike by 12 years to 2038

cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a US listing in the first half of 2025.

Subscribe to enjoy similar stories. New Delhi: Shorn of negotiator parlance, the latest edition of the Conference of Parties (COP29) can be summed up with the one-liner from the movie Jerry Maguire: Show me the money. In Baku, Azerbaijan, ground zero of oil wells and an unlikely milieu for the pursuit of a cleaner planet, traditional negotiating blocs sparred and wrangled over a fortnight for a decision on climate finance. The quantum of money—and more so, its nature—was at the crux of the negotiations to mobilize capital to address climate change.

Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.

Nigeria faces its worst cost-of-living crisis in a generation after the government ended costly subsidies that made petrol affordable for many in Africa’s most populous country

Venue : University of Lagos Cricket Oval, Lagos Nigeria squad - Daniel Ajekun, Isaac Danladi, Olayinka Olaleye, Isaac Okpe, Prosper Useni, Sylvester Okpe, Vincent Adewoye, Selim Salau, Sulaimon Runsewe, Chiemelie Udekwe, Joshua Asia, Peter Aho, Ridwan Abdulkareem, Taiwo Mohammed Saint Helena squad - Barry Stroud, Brett Isaac, Delroy Leo, Joey Thomas, Rhys Francis, Brendan Leo, Dane Leo, Jamie Essex, Scott Crowie, Cliff Richards, David Young, Aiden Leo, Andrew Yon, Jordan Yon Nigeria vs Saint Helena Live Score: Nigeria Isaac Danladi 48 (26) Olayinka Olaleye 46 (36) Saint Helena Brendan Leo 0/34 (4) Nigeria vs Saint Helena Live Score: Four! Played towards covers. Nigeria vs Saint Helena Live Score: Nigeria Isaac Danladi 40 (21) Olayinka Olaleye 43 (35) Saint Helena Aiden Leo 1/51 (4) Nigeria vs Saint Helena Live Score: Four! Played towards mid on.

The leaders of Nigeria and India have pledged stronger ties in maritime security and counterterrorism during Prime Minister Narendra Modi first visit to Nigeria

Viksit Bharat' as he outlined his government's achievements during the last ten years. Addressing the Indian diaspora in the Nigerian capital, Modi also said that India has emerged as a new hope for the world, embodying growth, peace, prosperity, and democracy. Modi, who began his speech with «Sannu, Nigeria», which translates to «Hello», said this was his first visit to Nigeria as Prime Minister, but he did not come alone. «I have brought with me the fragrance of Indian soil and many good wishes for all of you on behalf of crores of Indians,» Modi said.

bilateral talks with President Bola Ahmed Tinubu and interacted with the Indian community. Modi arrived in the Nigerian capital early Sunday on the first trip to the West African country by an Indian prime minister after a gap of 17 years. After concluding his «productive» visit, Modi posted on X, «Thank you Nigeria for a productive visit, which will add strength and vigour to India-Nigeria friendship.» «PM @narendramodi concludes a productive visit in Abuja, Nigeria,» the Ministry of External Affairs (MEA) said in a post on X.

Modi greeted the Indian diaspora in Nigeria on Sunday upon his arrival on the first leg of his three-nation visit. In a series of posts on X, PM Modi shared pictures of his welcome by the Indian diaspora in Nigeria and said that it was «heartwarming.» «Heartwarming to see the Indian community in Nigeria extending such a warm and vibrant welcome!» he said.

In his departure statement ahead of his visit, PM Modi stated that he would be first visiting Nigeria at the invitation of President Bola Ahmed Tinubu with a focus on reinforcing the strategic partnership between the two nations. The Prime Minister will also be meeting with the Indian community in Nigeria during his visit. He will be there in the African nation from November 16 to 17. «At the invitation of H.E. President Bola Ahmed Tinubu, this will be my first visit to Nigeria, which is our close partner in the West African region. My visit will be an opportunity to build upon our Strategic Partnership that is based on shared belief in democracy and pluralism. I am also eagerly looking forward to meeting the Indian community and friends from Nigeria who have sent me warm welcome messages in Hindi,» the statement read.

Narendra Modi's historic visit to Nigeria from November 16-17 can open investment opportunities for Indian companies in the mining, infrastructure and defence sectors in the African nation. This would be the first visit by an Indian PM to resource-rich West Africa in 17 years. Modi’s visit will also seek to boost security, counter-terror, defence industry and energy partnership, ET has learnt. The previous visit by an Indian PM to Nigeria was by Manmohan Singh in Oct 2007. During that visit, both countries elevated the status of their bilateral relationship to a “Strategic Partnership’.

Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a gas processing facility, a move that officials say could propel the African country to a leading position in aluminum production

African leaders may have been quick to congratulate Donald Trump on his election, professing a desire for mutually beneficial partnerships

UK universities are among the most prestigious in the world, but visa restrictions mean they are now attracting fewer international students — taking a heavy toll on their finances. The restrictions are compounding problems caused by the UK's departure from the European Union four years' ago. Almost 760,000 foreign students were enrolled in British universities in 2022, making Britain the second most popular destination after the US, in a highly competitive market.