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.

Large industrial tanks sit near a cityscape.
AfricaBusiness

Nigeria becomes a net fuel exporter

By
Africaspoint Editorial

The Dangote Petroleum Refinery ran at 99.1% capacity in April 2026, producing 53.6 million litres of petrol daily against domestic…

West Africa offshore oil gas pipeline energy infrastructure Atlantic coast
AfricaEgypt

$25bn Nigeria-Morocco pipeline deal locks in

By
Africaspoint Editorial

Nigeria and Morocco will sign an intergovernmental agreement in Q4 2026 for the $25 billion African Atlantic Gas Pipeline, a…

AfricaBusiness

Dangote sets September for $50bn IPO

By
Africaspoint Editorial

Aliko Dangote confirmed on May 21 that the Dangote Petroleum Refinery IPO will launch in September 2026 on the Nigerian…

AfricaBusiness

Nigeria catches its fugitive power minister

By
Africaspoint Editorial

Nigeria's EFCC arrested former Minister of Power Saleh Mamman at 3:30am on May 19 in Kaduna, more than a week…

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…

Aliko DangoteDangote Group

Dangote locks NNPC out of refinery

Africa billionaires Forbes 2026 richest peopleAliko Dangote Africa wealthiest 2026

Dangote hits $35bn as Nigeria billionaires top South Africa

Aliko Dangote Africa wealthiest 2026Dangote

Dangote targets $50bn valuation in Africa’s biggest IPO

BankingFlutterwave

Nigeria banks hit record N20.2tn capital

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