ABUJA, Aug 3 – MTN Nigeria’s fintech business recorded a sharp drop in revenue in the second quarter of 2026 after the …
Nigeria
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ABUJA, July 31 – Seplat Energy Plc has agreed to sell a 10% stake in the NNPCL-SEPNU Joint Venture to the Nigerian …
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ABUJA, July 31 – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the government will soon publish …
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LAGOS, July 30 – Seplat Energy Plc, a leading Nigerian energy company has signed a legally binding agreement to sell a 10% …
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Energy
Africa’s Upstream Oil and Gas Investment Falls to $37 Billion as Five Countries Lead Spending
ADDIS ABABA, July 30 – Investment in Africa’s upstream oil and gas sector fell to $37 billion in 2025, down from $68 …
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Startups and Venture Capital
Grocery Delivery Startup GoLemon Shuts Down After Failing to Secure Funding
ABUJA, July 30 – Nigerian grocery delivery startup GoLemon is shutting down after failing to raise the funding needed to keep its …
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ABUJA, July 30 – Internal documents linked to Shell’s former operations in Nigeria’s Niger Delta have sparked fresh debate over ageing infrastructure, …
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Credit Ratings
S&P Global to Acquire Majority Stake in Agusto & Co to Expand African Credit Ratings Business
LONDON, July 28 – S&P Global has agreed to acquire a majority stake in Agusto & Co, a leading pan-African credit ratings …
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LAGOS, July 28 – Former World Bank President David Malpass has warned that Nigeria’s growing use of collateral-backed sovereign borrowing could complicate …
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ABUJA, July 28 – Nigeria has called on South Africa to do more to stop repeated xenophobic attacks on Nigerians and other …