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Nigeria’s economic gains collide with a kidnapping boom

Business · en

Nigeria’s economic gains collide with a kidnapping boom

GZERO Media · Sep 1, 2026, 3:10 PM UTC

The Nigerian economy is on a hot streak. New data published on Monday showed a 4.4% year-over-year expansion in the second quarter of 2026, up from 3.9% in the first. Oil production rose from 1.6 million to 1.7 million barrels per day, while fuel exports climbed amid higher prices and global demand fueled by the Iran war.…