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

TEF turns $100m into $4.2bn across 24,000 businesses

By
Africaspoint Editorial

IN SHORT: The Tony Elumelu Foundation has disbursed over $100 million to 24,000 African entrepreneurs since 2015, generating $4.2 billion…

person sitting in front bookshelf
AfricaBusiness

Nigeria’s copyright chief tells MultiChoice: fix the gaps

By
Africaspoint Editorial

IN SHORT: Nigeria's Copyright Commission DG Dr John Asein met MultiChoice Nigeria CEO Kemi Omotosho and laid out three areas…

AfricaBusiness

Nigeria draws $2.6bn in mining FDI, eyes Africa corridors

By
Africaspoint Editorial

Nigeria has attracted over $2.6 billion in mining FDI in two and a half years while its minister pushes for…

a factory with a lot of smoke coming out of it
FinanceInvest

Nigeria’s oil earned less in 2025 despite pumping more

By
Africaspoint Editorial

Nigeria earned $31.54 billion from crude oil in 2025, down 14.4% from $36.85 billion in 2024, despite higher production. The…

Africa fintech unicorn public listing 2026Africa startup funding Q1 2026

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…

Africa fintech unicorn public listing 2026Africa telecom infrastructure consolidation

Safaricom FY2026: record KSh80bn dividend, profit up 67%

Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…

Enoch Godongwana Treasury fiscal policySouth Africa energy transition load shedding end

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 Mombasa refinery Kenya East Africa 2026Dangote Refinery IPO 2026

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…

Africa energy sovereigntyAliko Dangote

Dangote ships 456,000 tonnes to five African nations

oil, petkim, tüpraş, kocaeli, turkey, sea, nature, view, refinery, natural gas
Africa Europe gas corridorNiger energy infrastructure

Nigeria’s gas is finally heading to Europe

A large industrial refinery with pipes and towers under a clear blue sky during the day.
Aliko DangoteDangote refinery exports Africa

South Africa turns to Dangote for fuel

Africa entrepreneurshipAfrica startup funding

265,000 Africans applied for 3,200 startup spots

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