Business News

Latest updates from the African business world.

IIF Targets Pension Funds and Insurers to Bridge Nigeria’s SME Funding Gap
IIF Targets Pension Funds and Insurers to Bridge Nigeria’s S...

The Impact Investors Foundation will host its 9th Annual Convening in Lagos to c...

Sep 02
West Africa Deepens Energy Integration with 4,000 km Regional Power Grid Expansion
West Africa Deepens Energy Integration with 4,000 km Regiona...

West Africa is expanding its regional power grid with over 4,000 km of high-volt...

Sep 02
LagRide Expands Fleet with 400 New Vehicles Ahead of Ember Months Demand
LagRide Expands Fleet with 400 New Vehicles Ahead of Ember M...

LagRide has launched 400 new vehicles in Lagos to meet the travel surge during t...

Sep 02
Empowering Female Founders: Union Bank & Zuri Circle Network Launch Accelerator for 98 Nigerian Women Entrepreneurs
Empowering Female Founders: Union Bank & Zuri Circle Network...

Union Bank’s initiative alpher and the Zuri Circle Network have partnered to emp...

Sep 01
Nigeria FX Market Hits 2026 Peak as Spot Trades Outpace Hedging Contracts
Nigeria FX Market Hits 2026 Peak as Spot Trades Outpace Hedg...

Nigeria’s foreign exchange market saw a massive surge in spot transactions for t...

Sep 01
FG Unveils $750M Cloud Investment Strategy and 90,000km Fibre Optic Expansion
FG Unveils $750M Cloud Investment Strategy and 90,000km Fibr...

Nigeria aims to secure $750M in private sector investment over 24 months for loc...

Sep 01
High Operating Expenses and Outages Squeeze Profitability for Nigerian Telecoms
High Operating Expenses and Outages Squeeze Profitability fo...

Nigeria’s N75tn telecom sector faces mounting pressure from high operating costs...

Aug 31
Pay Us Our Money!: Heritage Bank Depositors Issue Urgent Appeal to FG, CBN, and NDIC Over Trapped Savings
Pay Us Our Money!: Heritage Bank Depositors Issue Urgent App...

Heritage Bank depositors under the Concerned Heritage Bank Depositors Forum have...

Aug 31
Dangote Refinery Threatens Sales Ban on Fuel Importers Over Blending Concerns
Dangote Refinery Threatens Sales Ban on Fuel Importers Over...

The Dangote Petroleum Refinery is moving to halt petrol sales to oil marketers w...

Aug 31
FAAN Lifts Ban on Bolt Operations Across Airports
FAAN Lifts Ban on Bolt Operations Across Airports

The Federal Airports Authority of Nigeria (FAAN) has lifted its restriction on B...

Aug 29
MAN Calls on Lagos to Pioneer Harmonized Tax Code for Industrial Growth
MAN Calls on Lagos to Pioneer Harmonized Tax Code for Indust...

The Manufacturers Association of Nigeria has urged the Lagos State Government to...

Aug 29
FCMB Equip 1,000 NYSC Members with Skills for the Future
FCMB Equip 1,000 NYSC Members with Skills for the Future

First City Monument Bank supported The Peak Performer Emerging Leaders’ Summit 2...

Aug 29