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’s oil earned less in 2025 despite pumping more

Nigeria earned $31.54 billion from crude oil in 2025, down 14.4% from $36.85 billion in 2024, despite higher production. The…

Dangote ships 456,000 tonnes to five African nations

Dangote Petroleum Refinery has exported 12 cargoes of PMS totalling 456,000 tonnes to Côte d'Ivoire, Cameroon, Tanzania, Ghana and Togo.…

Nigeria’s gas is finally heading to Europe

After fifty years of studies, MoUs, and false starts, the Trans-Saharan Gas Pipeline has a technical team on the ground…

South Africa turns to Dangote for fuel

South Africa has lost half its refining capacity and gets 75% of its fuel from the Middle East. With the…

KRA wants VAT on every business in Kenya

The Kenya Revenue Authority wants the VAT registration threshold cut from $39,000 (KES 5 million)…

South Africa’s offshore oil push survives four years of courts

Four years of legal battles have slowed but not stopped South Africa's offshore oil and…

Ghana takes slavery reparations to the UN

President Mahama tables a landmark UN resolution on March 25 formally declaring the transatlantic slave…

China VP arrives as Kenya-China ties deepen

Chinese Vice President Han Zheng arrived in Kenya on March 22 for talks with Deputy…