Latest News Nigeria
Telecoms
19/11/2019 at 16h56, by Aurelie Benoit
Airtel goes into battle against MTN for Nigerian spectrum
The continent’s second largest operator has spent $70m to purchase bandwidth on its biggest African...
Private Equity
18/11/2019 at 17h16, by Aurelie Benoit
Two high-profile hires for CDC in Lagos and Nairobi
The UK development finance institution has appointed Seema Dhanani and Benson Adenuga to head its operations...
Land transport
18/11/2019 at 17h14, by Pierre-Olivier Rouaud
Nigeria: billionaire Zhang Lei backs Kenya’s Lori Systems
Operating a digital platform to match supply and demand for transport services, the company founded...
Bank & Insurance
14/11/2019 at 17h12, by Gaëlle Arenson
BOA/Wema Bank MoU: “We have no plans to take over the Nigerian bank.”
The memorandum of understanding signed last month between the subsidiary of BMCE Bank group and Wema...
Bank
13/11/2019 at 16h44, by Africa Business+
Nigeria: Visa to clinch its entry into the capital of Interswitch (Mitchell Elegbe, Helios, TA Associates, IFC) by early 2020
The investment gives the Nigerian electronic payments company a market capitalisation of $1bn. It is...
Industry
07/11/2019 at 17h43, by Gaëlle Arenson
Dangote Industries Ltd to produce phosphate fertilizers with Togo ($2 billion)
The Nigerian billionaire is also planning to set up a $60 million cement plant in Togo.
Construction & Infrastructure
30/10/2019 at 14h31, by Africa Business+
Lekki gets under way at last thanks to Chinese financing
After lengthy delays, the future Lekki Port Project designed to reduce congestion in Lagos will finally...
Bank
24/10/2019 at 21h17, by Africa Business+
Preparing for Brexit, First Bank of Nigeria downsizes Paris office to shift its focus to London
Jeune Afrique Business+ reveals the details.
Consumer goods & Retail
23/10/2019 at 21h44, by Africa Business+
Silk Invest partially exits Nigerian fast food specialist Sundry Foods, making the way for Norfund
The Norwegian Investment Fund for Developing Countries (Norfund) has invested in Nigerian company Sundry...
Insurance
11/10/2019 at 16h28, by Africa Business+
Axa tests its new health centre offer for emerging countries in Egypt
Jeune Afrique Business+ takes a closer look at the insurer’s teams on the continent.
Agri-food industry
30/09/2019 at 15h54, by Africa Business+
Dufil Prima Foods seeks to modernise to rival Flour Mills, Nestlé…
Two years after taking over one of the Nigerian billionaire’s subsidiaries, one of the national agri-food...
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