Joy Onuorah, THEWILL

Dangote’s IPO Hasn’t Opened Yet, But Nigeria’s Stock Market Is Already Paying For It

Investors have started selling existing shares to make room for Africa’s biggest IPO, raising an important question for Nigeria’s capital market about how much money the Dangote deal can pull out of everything else.

Nigeria’s 5G Market Share Jumps 41% As 2G, 3G Lose Ground

Data from the Nigerian Communications Commission shows that 5G accounted for 4.61% of mobile connections in June, up from 3.27% a year earlier. That represents a 1.34 percentage-point increase and a 40.98% rise in its share.

Nigeria Takes 215 Tcf Gas Pitch To China As RMAFC Hunts Fresh Oil, Gas Capital

RMAFC has begun consultations with government agencies and petroleum-sector stakeholders ahead of a proposed Oil and Gas Investment Summit in China, tentatively scheduled for late November 2026.

Climate Inaction Costs World $1.5trn Every Year – UN Warns

The annual loss is equivalent to about 0.5 percent of global GDP, while every $1 invested in tackling both problems together could generate around $15 in economic benefits, the report found.

USCIS Officer Arrested Over Alleged $960k Green Card Bribery Scheme

A former U.S. Citizenship and Immigration Services officer has been arrested after federal prosecutors accused him of taking payments to fast-track immigration applications, including cases involving green cards and U.S. citizenship.

Top 10 Financial Market Stories From Last Week

Beyond the continent, oil prices surged as tensions around Iran intensified, government bond yields climbed, and stronger U.S. jobs data revived expectations of higher interest rates. From Lagos to global markets, investors had plenty to digest.

From Ride-Hailing To Delivery, How Uber Could Re-Enter Nigeria Through Glovo

The company also exited Uganda, describing both decisions as the result of a review of its business and investment priorities across Africa. It did not offer a detailed explanation for the Nigerian withdrawal.

Dangote Refinery Gets SEC Approval For ₦525/Share IPO

Dangote Group disclosed the approval on Friday, bringing the refinery closer to what is expected to be one of Africa’s largest equity offerings. At the offer price, the shares are worth about ₦2.15 trillion if fully subscribed.

Chinese Businesses Are Voluntarily Turning Commercial Billboards Into Scientist Tributes

In places normally reserved for fashion campaigns, consumer brands and celebrity endorsements, commuters and shoppers are suddenly seeing scientists

Vertiv Agrees $2.6 Billion AI Power Deal As Airtel Africa Builds Nigerian Data Centre

Vertiv has agreed to acquire UtilityInnovation Group for up to $2.6 billion, expanding its ability to manage power supplies for data centres as electricity demand from artificial intelligence grows.

About Me

Joy Onuorah is a business journalist and brand communications specialist covering financial markets, artificial intelligence, digital economy, and the ideas reshaping business across Africa and the global market. Beyond her reporting for TheWill, Joy uses brand strategy, storytelling, copywriting, and high-value SEO to help brands build lasting market authority.
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