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.
Dangote hits $30bn as refinery eyes world record
Forbes has valued Dangote at $30.3 billion for the first time; he has pledged 95,000 jobs as the refinery expands…
UBA profit halves as FX windfall evaporates
UBA posted N404.7 billion profit in FY2025, down 47% from 2024, as FX trading swung from a N182 billion gain…
Nigeria signs $1.3bn alumina refinery deal
Nigeria's Solid Minerals Development Fund and the Africa Finance Corporation signed a $1.3 billion MOU in March covering an alumina…
Nigeria gets $900m MDB backing for fibre rollout
Nigeria's Project BRIDGE has secured $900 million in MDB commitments from the AfDB, World Bank and EBRD as part of…
Newsletter
South Africa’s June 30 shutdown arrives
Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…
US-Iran truce sends oil crashing
A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…
MTN’s MoMo is going super app
MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…
AfDB backs Arua airport in Uganda
The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…