Dangote closes in on $2.5bn private share sale ahead IPO — On the wind-swept shores of Lekki, just outside Africa’s most populous mega-city, sits a massive complex of steel pipelines and
Dangote Nears $2.5 Billion Private Share Sale Before IPO
Top stories
Nigeria’s U-17 Women’s World Cup Victory Ends Africa’s Title Drought
Nigeria’s U-17 Women’s World Cup team, the Flamingos, secured a historic victory by defeating Japan 2-1 in the final of the 2026 FIFA U-17 Women’s World Cup, ending Africa’s 36-year wait for a contine…
Nigerian bank seeks climate funding for agriculture
The Bank of Agriculture (BOA) in Nigeria has called for increased climate financing from developed countries to support agricultural adaptation projects. The request was made during COP31, held in Ant…
Breet Expands Digital Payment Solutions Across Africa
Breet, a fintech company, is expanding its payment infrastructure across Africa by offering a business API that allows companies to accept cryptocurrency and stablecoin payments. This initiative aims…
Africa's economy set to hit $128 trillion globally in 2026
The global economy is expected to reach $128 trillion in 2026, with Africa playing a growing role. A handful of African countries are projected to account for a significant share of this growth. Afric…
Drugmakers Omit Nigeria, Ethiopia, DRC from New Medicine Access Plans
Drugmakers have excluded Nigeria, Ethiopia, and the Democratic Republic of Congo from new medicine access plans, according to a report by BusinessDay Nigeria. These three countries, which together acc…
Africa's $2 trillion economic puzzle sparks self-financing debate
At the CANEX WKND 2026 summit, former Zimbabwean finance minister Ralph Gonsalves revealed Africa's economic shortfall of $2 trillion. His remarks highlighted the continent's reliance on external fina…
Nigeria Explores Mesh-Grids to Power Rural Electrification
Nigeria is exploring the use of mesh-grid technology to address its significant rural electricity deficit. According to a report by BusinessDay, the country's rural areas face severe energy shortages,…
African female entrepreneurs still underrepresented in business leadership
Female entrepreneurs in Africa continue to face significant barriers to leadership roles despite owning and operating a substantial share of small and growing enterprises across the continent. Accordi…
nigerian pharma firms invest n29bn in production boost
Nigerian pharmaceutical companies have significantly increased their investment in production capacity, allocating N29.26 billion in capital expenditure during the first nine months of the year. This…
Nigerian Lawyer Claims Protesters Paid To Confront INEC Chairman
The chairman of Nigeria’s Independent National Electoral Commission, Prof. Joash Amupitan, faced allegations of being confronted by paid protesters outside Chatham House, according to a Nigerian lawye…
Nigerian ethnic tensions spark renewed debate
Nigeria's ethnic tensions have resurfaced as the Igbo community faces accusations of violence, prompting public debate over the country's recurring ethnic conflicts. A recent incident in the southeast…
INEC Chairman Protests Over Voter Register Concerns in London
The Independent National Electoral Commission (INEC) chairman, Prof. Joash Ojo Amupitan, faced protests during a visit to London. Demonstrators confronted him over irregularities in the voter registra…
Lagos Town Hall Meeting Turned Violent as Supporters Attacked
Supporters of Nigeria's opposition Nigeria Democratic Congress (NDC) were attacked during a town hall meeting in Lagos on Thursday. Witnesses reported that suspected protesters, armed with cutlasses,…
nvidia ceo resigns, interim leader named
Nvidia's CEO, Jensen Huang, has resigned, with CFO Colette Kress set to serve as interim leader. The announcement was made by the company, confirming Huang's departure. Kress will lead the company tem…
ag mortgage bank expands in nigeria mortgage sector
AG Mortgage Bank Plc has continued to expand its presence in Nigeria’s mortgage finance sector, according to recent reports. The bank has strengthened its position through independent credit assessmen…
Nvidia CEO Resigns Amid Affair and Spy Allegations
Nvidia’s CEO, Jensen Huang, has resigned following allegations of an extramarital affair with a Chinese businesswoman linked to intelligence activities. The company announced the resignation on Thursd…
Nigerian car buyers urged to demand more than just four wheels
Nigerian car buyers are being advised to look beyond the basic features of a vehicle when making a purchase. Industry experts warn that many consumers are often focused only on the four wheels and the…
Nigeria’s debt burden outpaces revenue growth
Nigeria’s debt burden has increased faster than its revenue capacity over the past decade, according to recent analysis. The country’s total debt reached $62.5 billion in 2023, up from $48.3 billion i…
Nigerian SMEs Show Strong Demand for Digital Payment Platforms
Nigerian small and medium-sized enterprises (SMEs) are increasingly adopting integrated digital payment solutions, according to Visa. A recent report indicates that only 29% of Nigerian SMEs currently…
Mayweather Announces Fight Series Launch in Nigeria
Floyd Mayweather, boxing icon, will arrive in Abuja on Thursday, November 12, to announce the launch of the TMT Frontrow Fight Series Nigeria. The event marks the beginning of a new boxing initiative…
Fidelity Bank Appoints New CEO Stanley Amuchie
Stanley Chiedoziem Amuchie has been appointed as the new Group Managing Director and Chief Executive Officer of Fidelity Bank, according to a recent announcement. The appointment was confirmed by the…
Nigeria’s Energy Security Boosted by Seplat’s Exploration Push
The Nigerian oil and gas company Seplat Energy Plc has emphasized the importance of accelerated exploration, stronger local capabilities, and advanced technology to unlock the country’s hydrocarbon po…
Nigerians Still Feel No Immediate Gains From Tinubu's Reforms
The Nigerian president, Bola Tinubu, has implemented several economic reforms aimed at stabilizing the country's financial system. However, according to a recent analysis by political commentator Osho…
Nigerian squad trains ahead of Tanzania clash
Nigeria’s 24-man squad finalized preparations in Uyo ahead of their Africa Cup of Nations qualifier against Tanzania. Captain Wilfred Ndidi joined the team, completing coach Eric Chelle’s selection. T…
Nigerian-born woman becomes New Jersey’s lieutenant governor
Shirley Emehelu, a Nigerian-born woman, has been appointed as the fifth lieutenant governor of New Jersey. Emehelu, who moved from Nigeria to the United States with her family at the age of three, was…
CNG Bus Explosion Kills No One, 17 Rescued in Lagos
A CNG-powered commercial bus exploded on the Lagos-Ibadan Expressway, killing no one and leaving 17 people unharmed. The incident occurred near Berger Bus Stop, on the Lagos-bound section of the highw…