MTN Group shares fell after an Iran writedown curbed first-half profit, despite strong mobile growth in Nigeria and Ghana.
A $4.5 billion oil-backed loan aims to lift Nigeria’s reserves, potentially easing naira pressure and shifting near-term oil supply expectations.
Nigeria's new crypto tax framework requires digital asset platforms to withhold and remit taxes in the originating token, clarifying obligations for disposals…
Nigeria’s top lender launches a $1 billion share offering via a bridge firm, signaling a potential capital restructuring that could rattle African…
Nigeria's central bank plans to adopt an inflation targeting regime by 2028, a move expected to strengthen the naira and Nigerian bonds…
Dangote sets a $100 billion valuation target for his conglomerate, focusing on oil and fertilizers to transform Nigeria’s economy and lift his…
Dangote Group's decision to revert to naira-denominated gasoline sales after a brief dollar switch alleviates foreign exchange pressure, supports the Nigerian naira,…
Nigeria's monetary authority maintained its key interest rate, pointing to rising inflation risks from the Iran conflict that has sent oil prices…
Nigeria's plan to double oil output to 3 mb/d by 2030 is set to pressure crude prices while lifting the nation's fiscal…
Nigeria's executive order establishes a virtual asset council to streamline crypto regulation, enhancing oversight and enforcement for digital assets in West Africa's…
Nigeria’s Dangote Refinery ends naira pricing for oil products, forcing buyers to pay in dollars and raising costs for Africa’s largest economy.
Shell gains additional tax relief on its $20 billion Nigerian oil project, boosting project profitability and investment appeal.