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.

Workers at an aluminum smelter industrial facility
AfricaInfrastructure

Nigeria Signs $1.3 Billion Alumina Refinery Deal

By
Africaspoint Editorial

Nigeria has signed a $1.3 billion MOU with the Africa Finance Corporation to build an alumina refinery processing one million…

AfricaBusiness

Nigeria Locks Shea Exports for Another Year

By
Africaspoint Editorial

Nigeria has extended its ban on raw shea nut exports by one year, pushing the world's largest producer to build…

AfricaGhana

Despite the Hardship, African Youth Are the World’s Most Mentally Resilient

By
Africaspoint Editorial

A major new global study finds that the top five countries for youth mental health are all African — Ghana,…

President Bola Tinubu announces expansion of primary healthcare funding across Nigeria
AfricaBusiness

Tinubu Expands Healthcare Funding to 13500 Facilities

By
Africaspoint Editorial

President Tinubu has announced the expansion of Nigeria's primary healthcare funding to cover 13,500 facilities, backed by over N98 billion…

HormuzSouth Africa immigration xenophobia Ramaphosa March deportation crackdown 2026

South Africa’s June 30 shutdown arrives

Anti-immigration protesters marched across South Africa's major cities on June 30, the deadline set by…

Angola GDP growth 5.3 percent non-oil diversification Q1 2026Dangote Refinery IPO

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

Africa startup funding May 2026 $259 million Bima NALA LemFi fintech reboundAI

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

Africa GDP 4.2 percent growth fastest economies 2025 2026Uganda Airlines Boeing 10 aircraft fleet expansion Museveni 2026

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

Nigeria Secures $126M European Fibre Investment

EnergyMining

Dangote to build Africa’s largest detergent raw material plant as refinery hits full capacity

African man using mobile banking app to send money internationally
DiasporaFintech

UBA launches diaspora investment platform to turn Africa’s $100 billion in annual remittances into long-term wealth

Film camera at a cinema film festival with lights and red carpet
DiasporaFilm

Nigerian-British film makes history as Nigeria’s first Cannes selection and the UK’s official Oscar submission for 2026

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