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.

Nigeria crude oil petroleum refinery industrial plant processing energy
AfricaBusiness

Dangote refinery powers past 700,000bpd

By
Africaspoint Editorial

The Dangote Petroleum Refinery has validated crude processing capacity of 700,000 barrels per day, surpassing its 650,000 bpd nameplate design…

Lagos Nigeria urban skyline city commercial business district economy
AfricaBusiness

Tinubu’s three-year reform scorecard is mixed

By
Africaspoint Editorial

Three years into Tinubu's reforms, Nigeria's GDP averages 3.46% quarterly growth, external reserves stand at $49.26 billion and federal revenues…

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

Dangote exposes the oil mafia

By
Africaspoint Editorial

Aliko Dangote publicly described a coordinated "oil mafia" that he says tried to prevent his $20 billion Lekki refinery from…

AfricaBusiness

NNPC challenges Dangote’s prices in court

By
Africaspoint Editorial

NNPC filed a court counter-affidavit on May 27 arguing that Dangote Petroleum Refinery's petrol is sold at significantly high and…

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…

West Africa offshore oil gas pipeline energy infrastructure Atlantic coast
MoroccoNigeria

$25bn Nigeria-Morocco pipeline deal locks in

Aliko DangoteDangote Group

Dangote sets September for $50bn IPO

NigeriaNigeria anti-corruption EFCC accountability governance

Nigeria catches its fugitive power minister

Dangote’s Ethiopia bet hits $4bn

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