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…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

Africa GDP 4.2 percent growth fastest economies 2025 2026CBN Nigeria Central Bank Year award Cardoso reform FX inflation 2026

Ghana’s 1,400bps rate cut leads Africa

Ghana's Bank of Ghana cut its benchmark rate by a cumulative 1,400 basis points from…

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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