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"Nigeria" tag

Nigeria: Rich in oil but poor in refining

Nigeria is Africa’s biggest oil producer. But the lack of operational oil refineries has left the industry in crisis, forcing the country to import fuel. Economists say the next government needs to diversify the economy....


Africa’s quiet cryptocurrency revolution

Cryptocurrency transactions in Africa are growing rapidly. On a continent that already embraces mobile money, virtual currency offers advantages for a young, tech-savvy population. Africa is undergoing an economic revolution that has nothing to do...


Charcoal: exported by Africa, bought by Europe

Charcoal from tropical forests has a terrible effect on the environment, but it also puts food on peoples’ tables. Nigeria is one of the world’s largest exporters — and some of it even ends up...