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Business News

Latest updates from the African business world.

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
NCGC Rolls Out GuaranteeHer Scheme to Drive ₦100bn in Credit to Female Entrepreneurs
NCGC Rolls Out GuaranteeHer Scheme to Drive ₦100bn in Credit...

The National Credit Guarantee Company has launched GuaranteeHer to unlock over ₦...

Aug 04
Nigeria’s Petrol Demand Drops as Surging Prices
Nigeria’s Petrol Demand Drops as Surging Prices

Nigeria’s petrol consumption fell 0.56% to 9.316B litres as prices surged up to...

Aug 04
FG Launches Nationwide Training for 4,000 Tractor Operators to Drive Agricultural Mechanization
FG Launches Nationwide Training for 4,000 Tractor Operators...

The Federal Government of Nigeria has launched a nationwide initiative to train...

Aug 04
Senator Adeola Empowers 2,557 Ogun Farmers with Machinery and Cash Grants
Senator Adeola Empowers 2,557 Ogun Farmers with Machinery an...

Senator Solomon Adeola (Yayi), representing Ogun West, has empowered 2,557 local...

Jul 31
BlackHorse Holding Group Launches 400MT Rice Processing Mill and Sack Factory in Kano
BlackHorse Holding Group Launches 400MT Rice Processing Mill...

BlackHorse Holding Company Limited has commissioned a 400-metric-ton daily rice...

Jul 31
Bauchi State Secures $91.6M ECOWAS Bank Loan for Major Infrastructure and Road Projects
Bauchi State Secures $91.6M ECOWAS Bank Loan for Major Infra...

The Bauchi State Government secured a $91.6M infrastructure loan from the ECOWAS...

Jul 31
BOA Unveils ₦250 Billion Fund and Value-Chain Loan Reform to Support Farmers
BOA Unveils ₦250 Billion Fund and Value-Chain Loan Reform to...

The Bank of Agriculture (BOA) has launched a ₦250bn Federal Government-backed fu...

Jul 31