Segun Ogunsanya launches IFC-backed CycleFlow to unlock $30 billion for Nigerian MSMEs
Segun Ogunsanya, former Airtel Africa chief, is chairing CycleFlow, an IFC-backed platform built to unlock billions in liquidity for Nigeria's small businesses.
Central & West Africa
Aliko Dangote's refinery just made Nigeria a net petrol exporter for the first time ever
Aliko Dangote's refinery exported 44,000 barrels of petrol per day in March 2026, making Nigeria a net petrol exporter for the first time in its history.
Aliko Dangote wants $100 billion by 2030 and he's betting $40 billion to get there
Aliko Dangote is targeting $100 billion in revenue by 2030 with a $40 billion push into gas, mining, power and data centers across Africa.
Dangote turns Nigeria into net petrol exporter as refinery output climbs
Aliko Dangote achieved a historic milestone as his refinery turned Nigeria into a net petrol exporter, fundamentally shifting the nation's energy trade dynamics.
McKinsey report: Africa's banking market hits $107 billion but growth remains uneven
McKinsey says Africa's banking revenues crossed $100 billion for the first time in 2025, with most gains concentrated in five markets.
Middle East war pushes private jet war-risk costs to $50,000 per flight for Africa's rich
Private jet operators flying to the Middle East are facing war-risk insurance surcharges of up to $50,000 per flight, a new cost now pressing on Africa's ultra-wealthy.
Airtel Africa pushes NGX up 0.85% as its shares rally by 10%
Airtel Africa surged 10 percent to top gainers, lifting the Nigerian Exchange by 0.85 percent as investors rotated into fundamentally strong stocks.
Abdul Samad Rabiu pushes BUA Cement toward 20Mtpa with new Edo and Sokoto plants
Abdul Samad Rabiu is expanding BUA Cement into Edo and Sokoto as the company's profit surged 381% and capacity targets hit 20 million tonnes.
Aliko Dangote's refinery flags unauthorized IPO reports, tells investors to verify before acting
Dangote Petroleum Refinery warned investors to ignore unverified IPO reports, saying any listing plans would come through official, regulated channels only.
Court orders final forfeiture of $13m tied to Aisha Achimugu
Federal High Court in Abuja orders final forfeiture of $13 million tied to Aisha Achimugu after EFCC establishes funds as proceeds of fraud.
Aliko Dangote targets 1.4 million barrels per day as refinery expansion reshapes Africa's energy future
Aliko Dangote is pushing his Lagos refinery toward 1.4 million barrels per day, a move that could reshape Africa's energy supply.
Tony Elumelu awards $16 million to 3,200 young entrepreneurs
Tony Elumelu provides $16 million in non-repayable grants to 3,200 young African entrepreneurs across 54 countries to foster wealth and opportunity
Eni boss Claudio Descalzi just unlocked one of Nigeria's most contested oil blocks after 30 years
Eni chief Claudio Descalzi traveled to Abuja to close a deal that kept one of Nigeria's richest oil blocks frozen for three decades.
Warner Music Group faces Nigerian lawsuit risk over disputed Burna Boy catalogue
Warner Music Group faces Nigerian legal action over Burna Boy's early catalogue as a shareholder dispute escalates and a compliance deadline passes unanswered
Aliko Dangote's refinery helps push Nigeria's balance of payments to $4.23bn surplus in 2025
Nigeria swung to a $4.23 billion balance of payments surplus in 2025, powered by Dangote Refinery exports and surging diaspora remittances.
Ibrahim Mahama's Engineers and Planners leads race to take over Ghana's Damang gold mine from Gold Fields
Ibrahim Mahama's Engineers and Planners is the frontrunner to take over Ghana's Damang gold mine as Gold Fields prepares a formal state handover in April 2026.