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 lines up Africa’s biggest IPO at $5bn

Dangote Petroleum Refinery is preparing a pan-African IPO targeting up to $5 billion across multiple African exchanges, with the offer…

MTN buys back its towers in $6.2bn deal

MTN Group agreed to acquire the 75% of IHS Towers it did not already own in an all-cash deal valuing…

Flutterwave gets Nigerian banking licence at 10

Flutterwave secured a Nigerian banking licence on April 2, allowing Africa's most valuable fintech to hold deposits, lend directly and…

MTN and Airtel pocket $2.3bn from Africa data boom

MTN Nigeria and Airtel Africa generated a combined N3.6 trillion ($2.3 billion) from data services in 2025, as Africa's mobile…