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Nigerian Businesses in the News
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Manufacturing Africa Helps 23 Nigerian Firms Secure $630m in New Investment
A UK-backed investment programme has helped 23 Nigerian manufacturing businesses secure more than $630 million in new investment, supporting or creat...
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Keystone Bank’s KBL Insurance Stake Sale Reshapes Financial Market
Keystone Bank is seeking regulatory approval to sell its 66.54% controlling stake in KBL Insurance to Bethel V Limited, a transaction that would end d...
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FilmOne Takes Nigerian Cinema Global With New TIFF Selection
FilmOne Entertainment has been selected as one of only six African buyers for the inaugural TIFF: The Market, the sole Nigerian company in the cohort...
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Dangote Refinery IPO Opens New Chapter For Nigerian Investors
Dangote Petroleum Refinery IPO opened on September 14 with 4.1 billion ordinary shares priced at ₦525 each, targeting roughly ₦2.15 trillion, and the...
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₦1.5 Trillion Debt Puts Nigeria’s Electricity DisCos Under Fresh Pressure
Nigeria's electricity distribution companies are under renewed regulatory pressure after the Nigerian Independent System Operator rejected their debt...
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APM Terminals’ $2.5 Billion Badagry Port Deal Could Transform Nigeria’s Maritime Trade
APM Terminals has signed a Memorandum of Understanding committing it to exclusive negotiations over the long-delayed Badagry Deep Seaport, a proposed...
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Nomba's $3 Million Funding Could Accelerate Africa-Asia Payment Expansion
Nigerian fintech Nomba has secured a $3 million debt facility from CardinalStone Finance to expand its cross-border payments infrastructure out of the...
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Nigeria’s ₦2 Billion Spider-Man Hit Raises New Questions for Cinema Brands
Spider-Man: Brand New Day has crossed ₦2 billion at the Nigerian box office in less than a month, becoming only the second film to reach that milesto...
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Cascador’s 10 Startup Picks Reveal Where Nigeria’s Next Growth Could Come From
Cascador has selected 10 Nigerian growth-stage companies for its 2026 ScaleUp Programme, spanning proptech, clean energy, agriculture, healthcare, bea...
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Unilever Nigeria’s Anti-Counterfeit Push Could Reshape Consumer Protection
Unilever Nigeria has signed a Memorandum of Understanding with the Nigeria Customs Service to tackle counterfeit and illicit trade, with the agreemen...
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Gas Group’s NGX Ambition Signals a New Era for Nigeria’s Energy Firms
Nigerian gas company Gasgroup, led by CEO Gliffeth Wonuigwe, is preparing to pursue a listing by introduction on the Nigerian Exchange while transfor...
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Binance Action Puts Nigeria’s Crypto Platforms Under Fresh Compliance Pressure
Binance has stopped processing transactions involving A7 Nigeria, A7 Africa, PilotFinance Ltd, and other cryptocurrency asset service providers, putti...
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Emerging Businesses, Brands and Business Store
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AirSmat Lands Village Capital Backing to Commission Its Biochar Fertiliser Factory
AirSmat has secured a slice of fresh capital aimed at pushing the company from pilot scale operations into full commercial manufacturing. The startup...
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Biochar Industrial Group Raises $1.5M to Turn Palm Waste Into Nigeria's Carbon Removal Industry
Biochar Industrial Group has closed a fresh pre-seed round to scale a business built around an unusual but genuinely promising premise: that Nigeria's...
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Aeon Raises $1M Pre-Seed, Led by Fellow Nigerian Startup Terra Industries
Aeon has closed a fresh pre-seed round that stands out for more than just the dollar amount, the round was led by Terra Industries, the Nigerian drone...
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Hotspot Network Wins World Bank Backed Deal to Connect 500 Nigerian Communities
Hotspot Network Limited has landed one of the more significant infrastructure wins in Nigerian rural connectivity this year, being selected to deploy...
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ChipMango Raises $1.9M to Prove Africa Can Design Chips, Not Just Import Them
ChipMango has secured serious early stage backing for one of the most technically ambitious bets coming out of Nigerian tech this year: building genui...
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Intron Health Launches Sahara v2.5, Tackling Africa's Code-Switching Problem With $10K Developer Challenge
Intron Health has pushed its voice AI technology into genuinely uncharted territory with the launch of Sahara v2.5, a model built to handle one of the...
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