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NIGERIA

News and stories about Nigeria

The governments of Nigeria and Saudi Arabia have agreed to collaborate on enhancing their mineral exploration capacities, drawing on Saudi Arabia’s advanced technological expertise and experience in the sector. 
Nigeria “received” $4.928 billion for 828 climate-related projects, between 2015 and 2021,  according to a report produced by Connected Development (CODE) in partnership with INKA Consult and Oxfam International. 
Nigeria has officially joined BRICS as a partner country, confirmed by Brazil's Foreign Ministry.  
United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan has accepted an invitation from Nigerian President Bola Ahmed Tinubu to visit Nigeria this year, marking a bold step to strengthen economic ties. 
Nigeria has moved into second place in Africa's 2024 Hotel Development Rankings, with 7,622 rooms across 50 hotels, driven by key developments from global hotel chains like Hilton, Radisson, Marriott International, and Leva Hotels, with Lagos leading the way with five new hotel deals. 
Oil refineries in China and India which are customers of Russia are turning to oil giants in the Middle East in fears that the latest U.S. sanctions on Moscow may create a supply gap. 
Morocco has emerged as Africa’s leading travel destination, generating a record $11 billion in tourism revenue in 2024 and welcoming 17.4 million visitors. 
Nigeria is among the cannabis-heavy nations, following global trends in the use of illicit substances. In Nigeria, cannabis reigns as the most prevalent drug, with widespread usage across the country. 
China has expressed its willingness to consider Nigeria's request to expand its currency swap agreement and plans to issue panda bonds.  
Nigeria, often celebrated for its vibrant culture, diverse landscapes, and rich history, has been conspicuously absent from the latest ranking of Africa’s top travel destinations for 2025. 
Nigeria is now the sixth most populous country globally, with an estimated population of 235,091,156 million people as of 30th of December 2024, according to data from the World Population Review and Worldometer.
Nigeria leads the world in crypto ownership, according to ConsenSys' second annual Global Survey.