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.

Detailed view of airplane landing gear and engine on tarmac in Geneva, Switzerland.
AfricaBusiness

Dangote supplies jet fuel to Ethiopian Airlines

By
Africaspoint Editorial

Dangote Petroleum Refinery has made its first jet fuel delivery to Ethiopian Airlines, marking the Lagos facility's first cross-border aviation…

AfricaBusiness

MTN Nigeria Q1 profit surges 166% to N355bn

By
Africaspoint Editorial

MTN Nigeria posted N355.5 billion profit after tax in Q1 2026, up 166%, on N1.498 trillion in revenue as data…

AfricaBusiness

OPay hits $3.1bn as Opera flags 85% IPO probability

By
Africaspoint Editorial

Opera's FY2025 SEC filing values OPay at $3.1 billion and assigns an 85% probability of an IPO within two years.…

Nigeria Dangote refinery oil petrochemical industrial energy Lagos IPO Africa
AfricaBusiness

Dangote hits $30bn as refinery eyes world record

By
Africaspoint Editorial

Forbes has valued Dangote at $30.3 billion for the first time; he has pledged 95,000 jobs as the refinery expands…

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…

Nigeria banking finance corporate Lagos business earnings results
Africa banking revenue McKinsey 2026African Development Bank 2026

UBA profit halves as FX windfall evaporates

Nigeria solid minerals mining industrial investment alumina refinery Africa
Africa critical minerals 2026African Development Bank 2026

Nigeria signs $1.3bn alumina refinery deal

Nigeria digital technology fibre broadband internet infrastructure connectivity
Africa AI startups 2026African Development Bank 2026

Nigeria gets $900m MDB backing for fibre rollout

Nigeria oil refinery petrochemical industrial facility energy production
Africa capital markets pan-African listingAfrican Development Bank 2026

Dangote lines up Africa’s biggest IPO at $5bn

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