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Nigeria
Trends
- 1Nigeria seen hitting 5% growth as Kenya faces rate hikes●COMMENT: Nigeria heads for 5% growth as Kenya faces rate hikes, Capital Economics says
Capital Economics forecasts Nigeria's economy growing at around 5%, while Kenya is expected to face further interest rate increases. The contrasting outlook highlights diverging monetary pressures across Africa's major economies, with Nigeria's expansion outpacing Kenya's as East Africa grapples with inflation and tighter policy.
- 2
Nigeria against Sierra Leone is drawing search interest, likely tied to a football fixture between the two West African nations. The Super Eagles and the Leone Stars have met in qualifiers before, and any new meeting tends to spark attention among Nigerian fans tracking the team's progress. Details of the match result or date remain limited.
- 3Dangote hires refinery engineers for new Kenya crude plant●Aliko Dangote, Africa’s richest person, has hired the engineers that built his Lagos refinery to work on the new crude p
Aliko Dangote, Africa's richest person, has hired the engineers who built his massive Lagos refinery to work on a new crude processing plant in Kenya. Construction is set to begin this month, marking an expansion of his refining business beyond Nigeria and a potentially significant investment in East Africa's energy infrastructure.
- 4SERAP Demands Answers from Nigeria's Central Bank over Missing Trillions●SERAP seeks explanation from CBN over ₦1.63 trillion and $6.23 million
Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has asked the Central Bank of Nigeria (CBN) to explain the whereabouts of ₦1.63 trillion and $6.23 million. The group wants details on how the funds were managed or spent, pressing the bank for transparency and accountability over public money under its control.
- 5Waste Collection Gaps Strain Lagos Residential Infrastructure●Waste Collection Gaps Add Pressure to Lagos’ Residential Infrastructure
Gaps in waste collection services are adding pressure to Lagos' residential infrastructure, according to a report on Nigeria's housing market. Irregular refuse pickup affects living conditions in residential areas, compounding existing infrastructure challenges in one of Africa's fastest-growing cities. The issue highlights broader concerns about whether public services can keep pace with the city's rapid population growth and housing demand.