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.

BusinessInvest

Dangote’s Ethiopia bet hits $4bn

By
Africaspoint Editorial

Aliko Dangote has raised his group's planned investment in an Ethiopian fertiliser complex to over $4 billion, nearly doubling the…

AfricaBusiness

Dangote locks NNPC out of refinery

By
Africaspoint Editorial

Aliko Dangote has blocked NNPC from acquiring additional equity in the $20 billion Lekki refinery, clearing the cap table ahead…

AfricaBusiness

Dangote hits $35bn as Nigeria billionaires top South Africa

By
Africaspoint Editorial

Aliko Dangote's net worth hit $35.4 billion in May 2026, up $5.4 billion year to date. Forbes' 2026 Africa list…

AfricaFinance

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

By
Africaspoint Editorial

Aliko Dangote is targeting a $50 billion valuation for the Dangote Petroleum Refinery IPO on the Nigerian Exchange, with a…

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…

A very tall bridge over a large body of water
Africa DFI development finance institutionsFlutterwave

Nigeria threatens to halt delayed World Bank loans

Africa capital markets pan-African listingDangote

Dangote targets September for London cement listing

Industrial buildings by the sea under a dramatic cloudy sky.
DangoteHormuz

Nigeria exports crude while Dangote refinery runs dry

BankingFemi Otedola First HoldCo Nigeria banking 2026

Otedola gains $36.5m in a day on First HoldCo surge

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