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.
Nigeria threatens to halt delayed World Bank loans
Nigeria has threatened to stop disbursements on World Bank loans not processed within six months of approval, pushing back against…
Dangote targets September for London cement listing
Aliko Dangote has named September 2026 as his target for the London listing of Dangote Cement, describing 2026 as the…
Nigeria exports crude while Dangote refinery runs dry
Nigeria exported 55.39 million barrels of crude in January and February 2026 while the Dangote Refinery received only 26.9% of…
Otedola gains $36.5m in a day on First HoldCo surge
Femi Otedola made $36.5 million in paper gains in a single trading day as First HoldCo surged 10% on the…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…