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.

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

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

By
Africaspoint Editorial

A Nigerian-British film, My Father's Shadow, has made history as Nigeria's first Cannes Film Festival selection, won a Caméra d'Or…

Nigeria Lagos business financial district capital market
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…

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…