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 orders 1,000 CNG trucks from China
Dangote Group has ordered over 1,000 compressed natural gas tractors and semi-trailers from Chinese automaker BAIC FOTON, bringing its total…
Nigeria Unlocks Space Funding and Orders a New Launch Centre. Africa’s $1 Trillion Race Just Got a New Contender.
President Tinubu has ordered the immediate release of government funds for Nigeria's space assets and approved plans for a domestic…
Nigeria’s VAT Revenue Jumps 28% Year-on-Year to N2.28 Trillion in Q3 2025
Nigeria collected N2.28 trillion in Value Added Tax in the third quarter of 2025, a 28.10% jump from the same…
Nigeria’s Airports Just Went Cashless. The First-Day Chaos Was the Point.
FAAN's Go Cashless policy went live at Lagos and Abuja airports on March 1, replacing cash toll payments with a…
Newsletter
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…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
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 picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…