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.

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AfricaBusiness

Nigeria’s exchange records its first ever commercial paper listing with Dangote Cement’s 119.87 billion naira issuance

By
Africaspoint Editorial

The Nigerian Exchange has recorded its first-ever commercial paper listing after Dangote Cement issued 119.87 billion naira in short-term debt…

Mobile phone technology Africa digital infrastructure
AfricaBusiness

MTN Group agrees to acquire full ownership of IHS Towers in a $2.2 billion deal

By
Africaspoint Editorial

MTN Group has reached an agreement to take full ownership of IHS Towers in a $2.2 billion transaction, consolidating control…

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…