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United Kingdom

Alexis Akwagyiram

Nigeria's huge Dangote oil refinery delayed until end of 2020

08 Aug 2019

LAGOS Africa's largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is building the facility in the Nigerian commercial hub of Lagos, told Reuters.

Nigeria's huge Dangote oil refinery delayed until end of 2020

08 Aug 2019

LAGOS, Aug 8 Africa's largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is building the facility in the Nigerian commercial hub of Lagos, told Reuters.

On cusp of pan-African trade deal, giant Nigeria clings to protection

06 Aug 2019

LAGOS Adeleke Adeleye stands in front of a bank of whirring printers spinning out dozens of envelopes a minute in Nigeria's commercial capital of Lagos. | Video

Political void crimps Nigeria's stocks, rattles investors

04 Jul 2019

LONDON/LAGOS The failure of Nigeria's president to appoint a cabinet four months after winning a second term has stymied the country's stock market, prompted foreign investors to trim holdings and threatened growth prospects for Africa's largest economy.

Uber targets expansion in fast-growing West African markets

27 Jun 2019

LAGOS Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday.

Nigerian court adjourns tax case between MTN and attorney general

26 Jun 2019

LAGOS A Nigerian judge on Wednesday adjourned until Oct. 29 a case to resolve a $2 billion tax dispute between South African telecoms company MTN Group and Nigeria's attorney general.

Nigeria to shut bank accounts of firms which import FX restricted goods

14 Jun 2019

LAGOS, June 14 Nigeria's central bank said on Friday it will close the bank accounts of firms caught smuggling into the country any goods for which access to foreign exchange has been restricted.

Motorbike taxi firms rev up for race into West Africa

12 Jun 2019

LAGOS Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world. | Video

Nigerian court blocks watchdog from replacing boss of oil firm Oando: document

03 Jun 2019

LONDON/LAGOS A federal court in Lagos on Monday blocked Nigeria's financial watchdog from replacing Oando's chief executive and taking other action against the oil firm, pending further hearings on the case, according to a court document seen by Reuters.

UPDATE 2-Nigerian court blocks watchdog from replacing boss of oil firm Oando - document

03 Jun 2019

LONDON/LAGOS, June 3 A federal court in Lagos on Monday blocked Nigeria's financial watchdog from replacing Oando's chief executive and taking other action against the oil firm, pending further hearings on the case, according to a court document seen by Reuters.

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