Nigeria has returned to a JPMorgan emerging markets bond index after an 11-year absence, giving the country’s local-currency government bonds renewed exposure to international investors. The development is more than a new line on a global investment benchmark. It marks a reversal of the conditions that pushed Nigeria out of JPMorgan’s earlier index in 2015…
Nigeria has moved closer to unlocking one of its biggest oil investments in years as the Bonga offshore project advances towards a Final Investment Decision, with NNPC and its international partners targeting between $15 billion and $21 billion in investment. The Nigerian National Petroleum Company Limited and partners Shell, Esso and Agip signed amendments to…
Nigeria’s economic reforms may be improving some of the country’s financial indicators, but another problem is beginning to attract attention: foreign investors are becoming more cautious about putting money into Nigeria. The concern is not simply about whether Nigeria is a good investment destination. It is increasingly about timing. With the 2027 election approaching and…
Nigeria’s foreign exchange market has recorded a major milestone after weekly turnover climbed to $4.375 billion, marking the first time in 2026 that trading activity has crossed the $4 billion mark. The surge reflects improving liquidity and stronger participation in the country’s official FX market. According to market data, the increase was driven largely by…
