Nigeria has long been the engine of the African continent, with its vast markets, fertile lands, and abundant oil reserves. However, recent months have witnessed increasing signs of destabilization in Nigeria as it grapples with a myriad of economic challenges.

A potential crisis in Nigeria may soon require the attention of major powers such as the G7, China and Russia. President Tinubu's ability to implement and sustain reforms will be crucial in determining the country’s future, according to Bloomberg.