Business

Dangote refinery’s US$1.6 billion IPO opens September 14.

Dangote refinery’s US$1.6 billion IPO opens September 14.

For years, the Dangote Refinery has been largely a story about construction, billions of dollars in investment and Nigeria’s attempt…
Nigeria has money. So why is business financing still so difficult?

Nigeria has money. So why is business financing still so difficult?

A Nigerian business owner looking for money to expand does not need to be told that there is liquidity in…
Uber left Nigeria. What happened to the ride-hailing business?

Uber left Nigeria. What happened to the ride-hailing business?

When Uber, a ride-hailing company, arrived in Lagos in 2014, booking a car with a phone was still a novelty.…
NCDMB champions African industry at Africa Oil Week

NCDMB champions African industry at Africa Oil Week

Africa’s oil and gas industry may be rich in natural resources, but much of the equipment, expertise, financing and technology…
Nigeria spent ₦1tn importing steel. What happened to Ajaokuta?

Nigeria spent ₦1tn importing steel. What happened to Ajaokuta?

Nigeria spent more than ₦1 trillion importing iron and steel in 2025. At the same time, one of the country’s…
Nigeria’s businesses are built on WhatsApp. Now WhatsApp wants to charge them.

Nigeria’s businesses are built on WhatsApp. Now WhatsApp wants to charge them.

Over the years, WhatsApp has been more than a messaging app for many Nigerian companies. It has evolved into a…
Nigeria’s businesses are turning power into a subscription

Nigeria’s businesses are turning power into a subscription

For many Nigerian business owners, the first question in the morning is not how much they sold yesterday. It is…
NCDMB pushes for unified African market for local oil and gas businesses

NCDMB pushes for unified African market for local oil and gas businesses

Africa’s expanding oil and gas activity could create a much larger market for its own businesses if countries can make…
Nigeria’s non-oil export boom is creating a new kind of business

Nigeria’s non-oil export boom is creating a new kind of business

For years, Nigeria’s export story was largely an oil story. Crude and other petroleum products dominated the country’s foreign-exchange earnings,…
Your fintech is only as strong as the technology behind it

Your fintech is only as strong as the technology behind it

For millions of Nigerians, financial services now begin with a phone. Transfers, payments, savings and other services can be completed…
Nigeria’s energy future faces a skills test-NNPC

Nigeria’s energy future faces a skills test-NNPC

Nigeria may have the resources, policies, and ambitions to build a larger energy industry, but the country could still struggle…
Banks flagged 42,082 suspicious transactions to NFIU in 2025

Banks flagged 42,082 suspicious transactions to NFIU in 2025

Every day, millions of naira move through Nigeria’s banking and financial system. Most of those transactions are ordinary: salaries are…
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