The Week Ahead
SBM Intelligence's take on Nigeria and Africa brought to you every week.
The Week Ahead
Netting clear
Nigeria declared a security emergency, began expanding its armed forces, approved 20,000 new police recruits, and moved security officers from VIP protection to conflict areas, all before the defence minister resigned abruptly. What should Nigeria do next in 2026 to strengthen its security progress?
TotalEnergies sold its 12.5% stake in OML 118, Shell and Nigerian Agip acquired portions, petrol prices fell, and daily consumption rose 31.8% to 56.7 million litres. Crude output slightly dipped to 1.58 million barrels per day. How will falling petrol prices and higher consumption affect Nigeria’s energy sector next year?
Cyril Ramaphosa rejected Donald Trump’s claims that South Africa mishandled the G20 presidency, threatened exclusion from the G20 summit, and persecuted white citizens, calling the accusations false. He confirmed a proper handover at the Johannesburg meeting and noted continued U.S. business and civil society engagement. How could diplomatic tensions affect South Africa’s economic partnerships in 2026?