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.

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AfricaGovernance

Nigeria clears $2.1bn in decade-old power debts

By
Africaspoint Editorial

Tinubu has approved a N3.3 trillion plan to settle decade-old power sector debts, with 15 Gencos signing N2.3 trillion in…

AfricaFinance

Ghana earns MTN twice what Nigeria does per user

By
Africaspoint Editorial

MTN Ghana's ARPU hit $6.76 in 2025, nearly double Nigeria's $3.60, as Ghana's cedi appreciation and disinflation converted macro stability…

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AfricaFinance

China floods Nigeria with $13bn in goods

By
Africaspoint Editorial

China's exports to Nigeria surged 37% to $13 billion in 2025, representing over a quarter of Nigeria's total import bill…

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AfricaNigeria

Nigeria funds ₦12bn digital research network

By
Africaspoint Editorial

Nigeria has launched ₦12 billion ($7.8 million) in research cluster funding under Project BRIDGE to embed evidence-based policymaking across six…

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…

Africa frontier marketsCBN Nigeria reforms

Nigeria’s reform raises the bar for Kenya investors

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agentic AI AfricaNigeria AI adoption

Nigeria’s AI market heads to $4.64bn by 2030

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Bola TinubuNBS Nigeria

Nigeria pulls $6.44bn in Q4 capital inflows

Syringes, vaccine vials, and face mask ready for COVID-19 vaccination.
BHCPF NigeriaBola Tinubu

Nigeria health sector records major gains

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