Business News

Latest updates from the African business world.

Yellow Card Raises $40M Series C to Expand Global USD Accounts and Cross-Border Rails
Yellow Card Raises $40M Series C to Expand Global USD Accoun...

African fintech Yellow Card has raised $40 million in strategic funding, bringin...

Aug 06
NDIC Commences Payouts to Depositors of 46 Closed Microfinance Banks
NDIC Commences Payouts to Depositors of 46 Closed Microfinan...

The Nigeria Deposit Insurance Corporation (NDIC) has begun paying insured deposi...

Aug 06
FG Targets $50bn Offshore Investment Push
FG Targets $50bn Offshore Investment Push

The Federal Government targets up to $50bn in fresh offshore oil and gas investm...

Aug 06
Lagos State Joins Forces with Unions to Modernize Commercial Bus System
Lagos State Joins Forces with Unions to Modernize Commercial...

The Lagos State Government has signed an MoU with transport unions NURTW and RTE...

Aug 06
Dangote Refinery Slashes Petrol and Diesel Prices Following Global Crude Drop
Dangote Refinery Slashes Petrol and Diesel Prices Following...

Following a crash in global crude oil prices below $80 per barrel, Dangote Petro...

Aug 06
New Equipment Leasing Scheme for Smallholder Farmers
New Equipment Leasing Scheme for Smallholder Farmers

Smallholder farmers in Benue, Nasarawa, Ogun, and Edo states will gain access to...

Aug 06
Nigeria Boosts Renewable Energy Footprint with 60.82MW Mini-Grid Expansion
Nigeria Boosts Renewable Energy Footprint with 60.82MW Mini-...

The Federal Government of Nigeria, through the Rural Electrification Agency, has...

Aug 06
Dangote Refinery Targets Record $5 Billion IPO to Drive Pan-African Expansion
Dangote Refinery Targets Record $5 Billion IPO to Drive Pan-...

Dangote Petroleum Refinery is planning a record $5 billion Initial Public Offeri...

Aug 05
Price Surge Triggers Drop in Nigeria’s Petrol, Diesel, and Cooking Gas Demand
Price Surge Triggers Drop in Nigeria’s Petrol, Diesel, and C...

Rising fuel prices drove down Nigerian consumption of petrol, diesel, and cookin...

Aug 05
Delta State Sets Sights on Post-Oil Future, Calls for Strategic Private Sector Investment
Delta State Sets Sights on Post-Oil Future, Calls for Strate...

Delta State Governor Sheriff Oborevwori has urged investors to explore non-oil s...

Aug 05
Linkage Assurance Posts Strong H1 Growth, Profits Soar 74% to ₦3.11 Billion
Linkage Assurance Posts Strong H1 Growth, Profits Soar 74% t...

Linkage Assurance Plc recorded a strong H1 2026 as profit after tax surged 74% t...

Aug 05
FG Empowers 100 Women and Youths in Jigawa with Livestock Assets to Boost Food Security
FG Empowers 100 Women and Youths in Jigawa with Livestock As...

The Federal Ministry of Livestock Development, in collaboration with Meteorite L...

Aug 04