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Nigeria's Energy Crisis Deepens as Heatwave Strains Power

🇳🇬 Nigeria's Energy Crisis Deepens as Heatwave Strains Power

Nigeria energy -0.75 · 08/04/2026

Nigeria is experiencing a compounding infrastructure crisis that has profound implications for businesses operating across West Africa. The convergenc...

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Court Upholds Ponzi Conviction in Nigeria's N14 Billion

🇳🇬 Court Upholds Ponzi Conviction in Nigeria's N14 Billion

Nigeria finance -0.70 · 08/04/2026

1: FRAUD ENFORCEMENT **HEADLINE:** Nigeria's Appeals Court Reinforces Fraud Crackdown: Ponzi Conviction Upheld in N14 Billion Case, Signaling Stronge...

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Dangote Refinery Holds Petrol Price Steady at N1,200

🇳🇬 Dangote Refinery Holds Petrol Price Steady at N1,200

Nigeria energy +0.35 · 08/04/2026

Nigeria's downstream petroleum sector is entering a critical phase of maturation, and Dangote Petroleum Refinery's decision to maintain petrol prices ...

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Nigeria's Solar Delay Problem Isn't Weather, It's

🇳🇬 Nigeria's Solar Delay Problem Isn't Weather, It's

Nigeria energy +0.60 · 08/04/2026

Nigeria possesses one of Africa's most abundant solar resources, with average daily irradiance exceeding 5 kWh/m² across most regions. Yet despite thi...

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Nigeria’s VAT collections drop to N2.19 trillion in Q4 2025

🇳🇬 Nigeria’s VAT collections drop to N2.19 trillion in Q4 2025

Nigeria macro -0.65 · 08/04/2026

Nigeria's Value Added Tax collections contracted to N2.19 trillion (approximately €2.9 billion) in the fourth quarter of 2025, marking a 3.78% sequent...

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Nigeria’s company income tax collections drop 49.8% in Q4

🇳🇬 Nigeria’s company income tax collections drop 49.8% in Q4

Nigeria macro -0.85 · 08/04/2026

Nigeria's fourth quarter tax collections paint a troubling picture for European investors already navigating one of Africa's most volatile business en...

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Zenith Bank subsidiaries post N331.7 billion profit in 2025

🇳🇬 Zenith Bank subsidiaries post N331.7 billion profit in 2025

Nigeria finance +0.85 · 08/04/2026

Zenith Bank Plc, Nigeria's largest lender by market capitalisation, has demonstrated a striking acceleration in its cross-border operations, with inte...

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Africa’s Largest Prediction Market Bayse, launches

🇳🇬 Africa’s Largest Prediction Market Bayse, launches

Nigeria finance +0.75 · 08/04/2026

** Nigeria's financial markets have long suffered from an acute problem: volatility without adequate hedging instruments. The naira's historic deprec...

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FCMB Links Value-chain Coordination to Improved Food

🇳🇬 FCMB Links Value-chain Coordination to Improved Food

Nigeria agriculture +0.65 · 08/04/2026

Nigeria's agricultural sector faces a critical coordination crisis that is undermining productivity, inflating input costs, and creating systemic food...

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Dangote Refinery affirms PMS price stability, says ‘no

🇳🇬 Dangote Refinery affirms PMS price stability, says ‘no

Nigeria energy +0.60 · 08/04/2026

Nigeria's downstream petroleum sector faces a critical juncture as Dangote Petroleum Refinery & Petrochemicals—Africa's largest refinery and a pivotal...

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Madica invests $600,000 in three startups, launches

🇳🇬 Madica invests $600,000 in three startups, launches

Nigeria tech +0.75 · 08/04/2026

African venture capital continues its maturation, and Madica's latest $600,000 investment across three early-stage startups represents more than headl...

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CBN eyes DFI recapitalisation to close N130 trillion MSME

🇳🇬 CBN eyes DFI recapitalisation to close N130 trillion MSME

Nigeria finance +0.70 · 08/04/2026

Nigeria's Central Bank has signaled a major shift in its approach to addressing one of Africa's most persistent economic challenges: the acute funding...

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MTN awards Nigeria CEO Karl Toriola $335,000 in performance

🇳🇬 MTN awards Nigeria CEO Karl Toriola $335,000 in performance

Nigeria telecom +0.60 · 08/04/2026

MTN Group's decision to award Nigeria CEO Karl Toriola performance shares valued at approximately $336,000 (₦463.7 million) offers a revealing window ...

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Madica grows portfolio with $600,000 investment in three

🇳🇬 Madica grows portfolio with $600,000 investment in three

Nigeria tech +0.75 · 08/04/2026

South African venture capital firm Madica has announced a $600,000 investment round distributed across three African technology startups, marking a no...

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Zenith Bank’s workforce rises by 14% in 2025, females

🇳🇬 Zenith Bank’s workforce rises by 14% in 2025, females

Nigeria finance +0.70 · 08/04/2026

** Zenith Bank Plc, Nigeria's third-largest lender by market capitalisation, has accelerated workforce expansion in 2025 with a 14% year-on-year head...

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The boardroom blind spot: Why Nigerian organisations must

🇳🇬 The boardroom blind spot: Why Nigerian organisations must

Nigeria tech -0.35 · 08/04/2026

Nigeria's corporate leadership faces a critical blind spot that threatens both organisational resilience and investor confidence. While C-suite execut...

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African startups raised over $700M in Q1 2026

🇳🇬 African startups raised over $700M in Q1 2026

Nigeria tech +0.85 · 08/04/2026

Africa's technology sector delivered robust momentum in the first quarter of 2026, with startups securing $711 million in funding—a signal that despit...

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US Oil Giant Nears $10 Billion Nigeria Investment Decision

🇳🇬 US Oil Giant Nears $10 Billion Nigeria Investment Decision

Nigeria energy +0.75 · 08/04/2026

The global energy landscape is undergoing a critical realignment, and Nigeria stands at the center of a transformative investment moment. A major Unit...

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Dangote Fertiliser positioned to ease Africa food crisis,

🇳🇬 Dangote Fertiliser positioned to ease Africa food crisis,

Nigeria agriculture +0.80 · 08/04/2026

Africa's agricultural productivity crisis has reached a critical inflection point. With population growth outpacing food production across the contine...

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Livingtrust Mortgage Bank denies money laundering claims

🇳🇬 Livingtrust Mortgage Bank denies money laundering claims

Nigeria finance -0.65 · 08/04/2026

Livingtrust Mortgage Bank Plc, a mid-tier Nigerian financial institution, has issued a formal denial regarding allegations of involvement in proxy sha...

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