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.

A green and white train pulling into a train station
AfricaBusiness

Lagos rail reaches for its airport

By
Africaspoint Editorial

Nigeria's Aviation Minister Festus Keyamo announced plans at the Invest Lagos 3.0 forum on June 9 to extend the Lagos…

AfricaBusiness

TikTok’s AI purges 4m Nigerian videos

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Africaspoint Editorial

TikTok removed more than 4 million videos in Nigeria in Q4 2025, with 99.9% proactively identified before any user report…

Nigeria crude oil export tanker ship trade surplus commerce Atlantic petroleum
AfricaBusiness

Nigeria’s trade surplus triples to N7.55tn

By
Africaspoint Editorial

Nigeria's Q1 2026 merchandise trade surplus surged 341% to N7.55 trillion ($4.1 billion) from N1.71 trillion in Q4 2025, driven…

red and black metal tower during sunset
AfricaBusiness

Heirs Energies wins global oil deal prize

By
Africaspoint Editorial

Heirs Energies won Best Oil and Gas Deal of the Year at the EMEA Finance Project Finance Awards 2026 for…

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…

South Africa immigration xenophobia Ramaphosa March deportation crackdown 2026South Africa Infrastructure

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…

Lagos Nigeria urban skyline city commercial business district economy
NigeriaNigeria Angola OPEC crude oil market share

Tinubu’s three-year reform scorecard is mixed

Oil rig in action during sunset, featuring heavy machinery and a lone worker on site.
Aliko DangoteDangote Group

Dangote exposes the oil mafia

Aliko DangoteDangote Group

NNPC challenges Dangote’s prices in court

Large industrial tanks sit near a cityscape.
Aliko DangoteDangote Group

Nigeria becomes a net fuel exporter

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