Friday, June 5, 2026

Nigeria Ranks 5th Among Africa's Best-Performing Nations in 2026

Nigeria has emerged as the fifth-best performing country on the continent in the 2026 edition of the Africa Performance Index. Compiled jointly by Jeune Afrique and The Africa Report, the ranking reflects the country's growing economic influence, robust innovation capacity, and regional importance, even as it navigates ongoing governance challenges.

The annual ranking, now in its second edition, evaluates African nations using a proprietary methodology that extends far beyond traditional economic indicators like Gross Domestic Product (GDP). Instead, it measures trajectories across three key pillars—governance, influence, and innovation—offering a broader, forward-looking assessment of how countries are positioning themselves for long-term growth and competitiveness.

The Continental Leaderboard

  • South Africa retained its position at the top of the index, maintaining a comfortable lead over its peers. The report attributed its first-place ranking to exceptional performances in the influence and innovation dimensions, supported by its strong academic and scientific ecosystem, deep diplomatic reach, entrepreneurial activity, and global platform membership in the BRICS bloc and the G20.

  • Mauritius moved into second place on the back of sustained institutional stability, an attractive business environment, and successful economic diversification.

  • Namibia emerged as the index's biggest riser, jumping from 15th place all the way to third. The southern African nation was rewarded for significant improvements in governance, infrastructure development, financial market performance, and tax collection.

  • Morocco ranked fourth, consolidating gains from years of targeted investments in infrastructure, manufacturing, renewable energy, and sports development.

The Outlook for Nigeria

Similar to South Africa, Nigeria’s overall score was weighed down by domestic governance challenges, a falling GDP per capita over the reference period, and high debt levels. Despite these pressures, Nigeria locked in the number five spot because it remains an undisputed continental heavyweight. Its rank was heavily driven by the massive scale of its domestic market, its widespread cultural and diplomatic influence, and its high capacity for tech innovation.

The top ten is rounded out by Egypt in sixth, followed by Rwanda (7th), Ghana (8th), Côte d'Ivoire (9th), and Kenya (10th).

Ultimately, the 2026 data highlights a highly dynamic West African corridor. Fueled by the economic rivalry between Accra and Abidjan, alongside the sheer market scale of Nigeria, the sub-region is steadily cementing its status as one of the continent's most competitive and vital economic zones.

Business Day

Dangote refinery raises throughput above nameplate capacity to 700,000bpd ahead of IPO

Nigeria's Dangote Petroleum Refinery has increased crude processing capacity to 700,000 barrels per day (bpd), exceeding its official nameplate capacity of 650,000 bpd, according to company executives.

The refinery, Africa’s largest, said on Thursday (June 4) the achievement was confirmed during a performance test conducted by its process licensors, marking a milestone for the facility, which is also the world's largest single-train refinery.

Anthony Chiejina, head of corporate communications at Dangote Petroleum Refinery, said in a statement cied by state news agency NAN that the higher throughput demonstrated the strength of the refinery's engineering design and operational efficiency.

Speaking on the development, Devakumar Edwin, vice president for oil and gas at parent company Dangote Industries, confirmed plans to expand processing capacity to 1.4mn bpd within the next 30 months. This is part of a broader $40bn industrial expansion by the parent company spanning refining, fertiliser production and associated industries.

"The objective is to position the refinery among the largest refining complexes in the world," Edwin said is quoted as saying, adding that the expansion would enhance Nigeria's energy security, reduce dependence on imported fuels and strengthen the country’s role as an exporter of refined petroleum products. The plant this spring sharply increased exports across Africa after reaching full capacity, including cargoes to Tanzania, Ghana, Cameroon and Togo.

Owned by Nigerian businessman Aliko Dangote, the refinery commenced fuel production in 2024 and has steadily increased output of petrol, diesel, jet fuel and other petroleum products. The facility currently supplies the domestic market and exports refined products across Africa and to international destinations including the United Kingdom, France, Spain, Italy and the Netherlands.

Edwin said the Nigeria refinery has also supplied gasoline cargoes to the United States and jet fuel to Saudi Arabia, helping establish its presence in international fuel markets.

According to Dangote, the rising production has also attracted growing interest from international crude suppliers and commodity traders, with feedstock sourced from both domestic and foreign producers.

The refinery's petrochemicals operations are also expected to support downstream manufacturing through supplies of liquefied petroleum gas (LPG), polypropylene and other industrial feedstocks. Future plans include production of linear alkylbenzene (LAB), a key raw material used in detergent manufacturing.

Dangote Petroleum Refinery and Petrochemicals FZE, owner of the refinery in Lagos, plans to list shares in the third quarter of 2026 at a valuation of between $40bn and $50bn, with the company proposing to sell a 5%-10% stake in the business. The company is considering a multi-exchange structure that would include the Nigerian Exchange (NGX) and other African bourses.

Meanwhile, founder Aliko Dangote has said he is considering Kenya as the preferred location for a proposed 650,000 bpd refinery in East Africa, shifting focus away from an earlier plan centred on Tanzania.

He said the potential East African refinery would process crude from Uganda and other international suppliers, reducing regional dependence on imported refined petroleum products, adding that crude could be delivered by sea rather than relying solely on the planned East African Crude Oil Pipeline (EACOP) linking Ugandan oilfields to Tanzania’s port of Tanga.

That planned 1,443-km export pipeline being developed by a consortium including TotalEnergies (EPA: TTE), China National Offshore Oil Corporation (CNOOC) and the governments of Uganda and Tanzania. It is designed to transport crude from Uganda’s Lake Albert oilfields to Tanzania’s port of Tanga for export.


Thursday, June 4, 2026

Four sentenced to death for killing worshippers at Catholic church in Nigeria

 

A court in Nigeria has sentenced four men to death for attacking a church in the south-western Ondo state in 2022 in a case which sent shockwaves across the nation.

Forty-one worshippers were killed and more than 100 others injured when they opened fire at the St Francis Catholic church in the town of Owo during a Pentecost service.

The court in the capital Abuja also sentenced the men - Idris Abdulmalik Omeiza, Al Qasim Idris, Jamiu Abdulmalik and Abdulhaleem Idris - to 20 years in prison for belonging to a terrorist group.

Presidential assent is required before any death sentence is carried out in Nigeria. There have not been any executions in the country for several years.

Judge Emeka Nwite, who presided over the case, said the evidence presented against them was "neither shaken nor contradicted during cross examination".

He had ordered an accelerated hearing after the high-profile trial commenced in August 2025.

In his judgement, Justice Nwite said that the prosecution had proved their case beyond reasonable doubt as they had brought before the court witnesses who saw the attack, including one who testified to recognising two of the defendants as attackers.

"Hence this court finds the first to fourth defendants guilty of all nine counts," he added.

One of the witnesses the court heard from was a woman who had her legs amputated from the knees, and had lost her left eye as a result of a dynamite explosion which the attackers had detonated.

The nine counts included joining a terror group, and planning and carrying out killings.

Prosecutor Ayodeji Adedipe said: "Justice has been served, justice has been done to the deceased who were murdered in cold blood."

The men's defence lawyer said they would appeal against the sentence.

During the trial, the defendants said they had been tortured, including being hung from the ceiling, beaten countless times, and using electric shocks on their genitals.

A fifth defendant, Momoh Otuho Abubakar, was discharged and acquitted by the court due to insufficient evidence against him.

He was accused of having financed the attack, by allegedly receiving 800,000 naira (£440; $590) twice from another suspect - who is still at large - and then disbursing the funds to the attackers.

During cross examination, however, Abubakar said the money in his account was the proceeds of his farming business, as well as activities from his cooperative society. He denied that the four other defendants were beneficiaries of the money.

Since the Owo attack, Nigeria has witnessed many more attacks on churches across the country as it continues to grapple with rising insecurity.

US President Donald Trump has accused Nigeria of failing to protect its Christian population from jihadist attacks.

On Christmas Day, the US hit two camps run by a jihadist group in north-western Nigeria, and threatened more if attacks continued.

Claims of a genocide against Nigeria's Christians have been circulating for some time in right-wing US circles, but organisations monitoring political violence in Nigeria say most victims of the jihadist groups are Muslims.

The Nigerian government also denies that Christians are being persecuted in the country.

By Chukwunaeme Obiejesi, BBC

Gunmen kidnap 7 students from school in northwestern Nigeria

Gunmen raided an off-campus residence in northwest Nigeria and kidnapped seven students, police said.

The attack occurred early Wednesday in the Kaura Namoda area of conflict-battered Zamfara state, police spokesman Yazid Abubakar said in a statement. One of the students escaped and was in custody.

The police spokesman said it wasn’t clear where the students were taken but efforts were underway to rescue the remaining six.

Zamfara has been a hotspot for armed gangs that carry out kidnappings for ransom, with abductions of students increasing in recent years across the country.

A tally by local news outlet Premium Times found that at least 1,900 students have been kidnapped from 20 schools since the 2014 mass abduction of over 200 schoolgirls from Chibok in Borno state.

Wednesday, June 3, 2026

Video - Nigerian manufacturers struggle with rising electricity costs



Due to an unreliable power grid, many companies rely on alternative energy sources to keep their factories running. However, rising fuel and gas prices are further increasing operating costs and squeezing profitability. Some businesses have been forced to scale down production or suspend operations altogether.