Business News

Latest updates from the African business world.

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
Dangote Refinery IPO Gains SEC Approval at ₦525 Per Share
Dangote Refinery IPO Gains SEC Approval at ₦525 Per Share

The Securities and Exchange Commission has approved the Initial Public Offering...

Sep 05
Dangote Cement Sets London Capital Markets Day Ahead of LSE Listing
Dangote Cement Sets London Capital Markets Day Ahead of LSE...

Dangote Cement Plc will host a Capital Markets Day in London on September 21, 20...

Sep 04
Nigeria’s Seven-Month Petrol Bill Hits ₦11.3tn Despite Plummeting Demand
Nigeria’s Seven-Month Petrol Bill Hits ₦11.3tn Despite Plumm...

Nigerians spent ₦11.3 trillion on petrol between January and July 2026 as pump p...

Sep 04
Amstel Malta Empowers Abia Female Entrepreneurs with Business Grants
Amstel Malta Empowers Abia Female Entrepreneurs with Busines...

As part of this year’s August Meeting at the New Government House in Umuahia, Am...

Sep 04
Domestic Cooking Gas Supply Reaches 13-Month High as Local Output Surges to 82%
Domestic Cooking Gas Supply Reaches 13-Month High as Local O...

Nigeria’s domestic cooking gas supply hit a 13-month high of 5,332 tonnes per da...

Sep 03
Nigeria and Niger Customs Join Forces to Boost Trade via Kamba Corridor
Nigeria and Niger Customs Join Forces to Boost Trade via Kam...

The Nigeria Customs Service (Kebbi Area Command) hosted Nigerien Customs officia...

Sep 03
Diesel imports hit 245m litres as modular refineries struggle
Diesel imports hit 245m litres as modular refineries struggl...

Nigeria imported 244.9m litres of diesel in July 2026 as local modular refinerie...

Sep 03
FG Sets Firm November 2026 Deadline to Streamline Trade and Boost Exports
FG Sets Firm November 2026 Deadline to Streamline Trade and...

The Federal Government of Nigeria has set an end-of-November 2026 deadline for M...

Sep 03
HJRBDA Trains 1,000 Youths to Drive Modern Irrigation and Boost Food Security in Northern Nigeria
HJRBDA Trains 1,000 Youths to Drive Modern Irrigation and Bo...

The Hadejia Jama’are River Basin Development Authority (HJRBDA) has deployed 1,0...

Sep 03
Ishk Tolaram Foundation Commits ₦20 Million to Equip 500 Youth Entrepreneurs in Nigeria
Ishk Tolaram Foundation Commits ₦20 Million to Equip 500 You...

The Ishk Tolaram Foundation has invested over ₦20 million in tools for 500 gradu...

Sep 03