Business News

Latest updates from the African business world.

African Startups Raised $438 Million in August. One Company Took More Than Half.
African Startups Raised $438 Million in August. One Company...

African startups raised about $438 million in August 2026, one of the strongest...

Sep 15
Dangote Refinery IPO: Rewane Projects Nigeria's Economy to Hit $600bn by 2030
Dangote Refinery IPO: Rewane Projects Nigeria's Economy to H...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged its...

Sep 11
Bank of Agriculture Launches ₦200 Billion Price Guarantee Scheme for Farmers
Bank of Agriculture Launches ₦200 Billion Price Guarantee Sc...

The Bank of Agriculture launched a ₦200bn Guaranteed Minimum Price Programme in...

Sep 09
FG's Youth Initiative Backed by $3B International Donor Funding and 12 Partner Banks
FG's Youth Initiative Backed by $3B International Donor Fund...

The Youth Economic Intervention and De-Radicalisation Programme (YEIDEP), led by...

Sep 09
NNPC Denies Ownership of Cannabis-Laden Fuel Truck Intercepted in Ondo
NNPC Denies Ownership of Cannabis-Laden Fuel Truck Intercept...

The NNPC has disowned a fuel tanker (reg: MKA 960 XC) intercepted by the NDLEA i...

Sep 09
Tinubu Urges Banks to Convert Capital Gains into Affordable Real-Sector Credit
Tinubu Urges Banks to Convert Capital Gains into Affordable...

President Bola Tinubu has called on Nigerian banks to convert their post-recapit...

Sep 09
CBN Says Benefits of Nigeria’s Economic Stability Coming to Citizens Soon
CBN Says Benefits of Nigeria’s Economic Stability Coming to...

The Central Bank of Nigeria has assured citizens that gains from improving macro...

Sep 09
Coca-Cola Marks 75 Years in Nigeria with Sustainability Initiatives
Coca-Cola Marks 75 Years in Nigeria with Sustainability Init...

Coca-Cola is marking 75 years in Nigeria by highlighting its socio-economic impa...

Sep 08
5G Adoption Surges 41% in Nigeria as Legacy Networks Decline
5G Adoption Surges 41% in Nigeria as Legacy Networks Decline

Nigeria’s 5G connections surged 41% between July 2025 and June 2026, reaching a...

Sep 08
PalmPay Launches 'PalmPay Dey For You' Security Campaign to Combat Digital Banking Fraud
PalmPay Launches 'PalmPay Dey For You' Security Campaign to...

Fintech platform PalmPay has launched its "PalmPay Dey For You" campaign to comb...

Sep 08
Dangote Upstream Arm Targets 1.6bn Barrels of Oil and Gas Monetisation
Dangote Upstream Arm Targets 1.6bn Barrels of Oil and Gas Mo...

West Africa Exploration and Production Company (WAEP), Dangote Group's upstream...

Sep 07
Ecobank, Verve Launch ₦20m InnovateX Grant for Young Nigerian Entrepreneurs
Ecobank, Verve Launch ₦20m InnovateX Grant for Young Nigeria...

Ecobank Nigeria has partnered with Verve to launch InnovateX 2026, a ₦20 million...

Sep 07