Nigeria

Nigeria business news covering Lagos, Abuja, and Port Harcourt. Oil and gas, fintech, banking, telecoms, and investment intelligence from West Africa’s largest economy.

AfricaBusiness

MTN’s MoMo is going super app

By
Africaspoint Editorial

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to transform its MoMo mobile money…

Nigerian flag fluttering against a modern city building backdrop, symbolizing national pride.
AfricaBusiness

Nigeria slams the IMF’s tax prescriptions

By
Africaspoint Editorial

A Nigerian think tank, the Alliance for Economic Research and Ethics, has criticised the IMF's 2026 Article IV recommendations including…

Skyline view of an industrial factory with tall chimneys against a clear sky.
AfricaBusiness

Dangote’s petrol unit is down 34%

By
Africaspoint Editorial

The Dangote Petroleum Refinery has been running its main petrol-producing RFCCU unit at 34% below capacity since May 21, initially…

Nigeria oil gas energy production offshore industrial petroleum refinery modern
AfricaBusiness

Elumelu named Seplat’s next chairman

By
Africaspoint Editorial

Seplat Energy announced on June 9 that Tony Elumelu will become board Chairman from January 1, 2027, succeeding Senator Udoma…

Endeavour Mining gold West Africa $880m EBITDA Assafou Burkina Faso Cote Ivoire 2026Kenya Airways $2 billion turnaround investor debt equity KQ Kamal 2026

Endeavour Mining posts record $880m EBITDA

Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…

Africa GDP 4.2 percent growth fastest economies 2025 2026Africa sovereign wealth funds $164 billion mining minerals EIH FONSIS Guinea Simandou 2026

Africa’s $164bn wealth funds eye mining

Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…

Africa GDP 4.2 percent growth fastest economies 2025 2026Ethiopia Addis Ababa Entoto Kebena riverside Beautifying Sheger Abiy urban 2026

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…

Business jet aircraft luxury aviation private modern terminal ultra long range fleet
CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Rabiu buys $81m jet, nears $20bn

Nigeria central bank finance banking institution Abuja modern architecture economy
CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026Nigeria

Cardoso wins Central Bank of the Year

Nigeria modern business district finance investment trade commerce bilateral partnership
HormuzNigeria

UK launches £15m Nigeria growth programme

Africa Nigeria capital market investment finance stock exchange IPO industrial growth
Dangote refinery 700000 barrels day capacity expansion 1.4 million 2026Dangote Refinery IPO

Standard Bank backs Dangote refinery IPO

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