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.
Zenith Bank enters East Africa via Kenya acquisition
Nigeria's Zenith Bank completed the acquisition of Paramount Bank Kenya on April 7, becoming the fourth Nigerian lender in Kenya…
Palantir co-founder bets $11.8m on Nigerian drone maker
Nigerian defence startup Terra Industries raised $11.8m from Palantir co-founder Joe Lonsdale's 8VC and Anduril backers to expand autonomous drone…
Middle East war sends crude buyers rushing to Africa
The Strait of Hormuz closure is driving global buyers toward Nigerian and Angolan crude as Brent tops $100, but Nigeria's…
Dangote secures $4bn loan to power Africa’s biggest refinery
Afreximbank underwrites $2.5bn of a $4bn syndicated loan for the Dangote Refinery, Africa's largest at 650,000 bpd, consolidating construction debt…
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…