Latest News Nigeria
Industry
15/04/2024 at 18h05, by Africa Business+
CFAO sells Nigerian subsidiary deemed to be of secondary significance
The group led by Richard Bielle prefers to concentrate its resources on flagship sectors in the country.
Agri-food industry
10/04/2024 at 17h33, by Africa Business+
A major player in Nigeria’s fertiliser industry is about to be acquired
The country’s third-largest urea producer should change ownership.
Oil & Gas
20/03/2024 at 17h20, by Africa Business+
Which African country receives the largest royalty payments from Shell?
In 2023, a West African country will have overtaken Norway and Oman. It receives the largest payments...
Agribusiness
11/03/2024 at 18h49, by Africa Business+
Konexa CEO Pradeep Pursnani lands backers for Nigerian Breweries solar project
Pradeep Pursani, the London-based former manager of the Shell Foundation, has been developing renewable...
New technologies
28/02/2024 at 17h32, by Africa Business+
TerraHaptix to secure pre-series A funding by Q3 of 2024
The Nigerian start-up specialising in designing and manufacturing 3D-printable drones for civilian and...
Private Equity
20/02/2024 at 16h41, by Africa Business+
Nigeria’s CardinalStone sells gym chain I-Fitness to compatriot Verod Capital
To expand into new markets in West Africa, I-Fitness, the leader in indoor sports, is seeking support...
Agribusiness
12/02/2024 at 18h47, by Africa Business+
Nigeria’s Sahel Capital uses SEFAA to support hibiscus growers
Africa Business+ reports
Agri-food industry
09/02/2024 at 17h19, by Africa Business+
Absa supports Valency’s cashew purchases in Singapore
The company has already received support from Finnfund, Norfund and BII to build its factories in Côte...
Oil & Gas
08/02/2024 at 19h48, by Africa Business+
TotalEnergies exiting from Shell Petroleum Development Company in Nigeria
TotalEnergies is considering selling its stake in Nigeria’s Shell Petroleum Development Company (SPDC),...
Oil & Gas
01/02/2024 at 15h27, by Africa Business+
Technip Energies’ advisors on front-end engineering design (FEED) for Nigeria’s first floating liquefied natural gas (FLNG) plant
The French engineering group is carrying out the pre-project engineering study on behalf of UTM Offshore,...
Hotel business
31/01/2024 at 17h41, by Africa Business+
Dupe Olusola puts Transcorp’s Calabar hotel on the market
The head of Nigeria’s luxury hotel group is well on the way to selling the Calabar property in the south-east...
Private Equity
24/01/2024 at 14h16, by Africa Business+
ARM-Harith fund turns to TotalEnergies executive to succeed Tariye Gbadegesin
The pan-African investor is counting on a new boss, a seasoned executive in finance and infrastructure...
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