Nigeria's overall balance of payments surplus fell 38 percent to $4.23 billion in 2025, with crude oil export declines and a sharp retreat in foreign portfolio investment driving the contraction.
The Abuja Chamber of Commerce and Industry has called for a structured Nigeria-India Private Sector Dialogue to deepen business collaboration between both countries.
South Africa and several African governments are pursuing fuel supply contracts with Dangote Refinery as the Middle East war disrupts traditional supply routes from the Persian Gulf.