Latest News Nigeria
Bank
15/02/2023 at 17h38, by Africa Business+
Access Bank continues to woo SMEs
The bank is benefiting from new financing from Europe to meet the needs of the small and medium-sized...
Hotel business
13/02/2023 at 18h55, by Africa Business+
MIGA extends $38m support to Kasada in Nigeria
The World Bank’s guarantee agency will cover the investment in the Southern Sun Hotel, located in the...
Private Equity
10/02/2023 at 19h13, by Africa Business+
Adenia Partners moves to Lagos, Nigeria
Opening a new office in the continent’s largest economy reflects the group’s regional ambitions. In...
Oil & Gas
02/02/2023 at 19h27, by Africa Business+
Nigeria: New duel between Leigh Day’s lawyers and Shell’s Debevoise & Plimpton in London
Communities in the Niger Delta are taking the oil company to court in the UK over its responsibility...
Industry
10/01/2023 at 17h16, by Africa Business+
AfDB and IFC co-finance $100m BUA Cement Plant in Sokoto
As part of a $350 million project, the plant is increasing its production capacity fivefold. In addition...
Renewable energies
03/01/2023 at 16h55, by Africa Business+
Mangiza Phiri to head up ENGIE Energy Access Nigeria, while predecessor moves into venture capital
The new manager, already familiar with the southern African markets, set up shop in Lagos in early 2023.
Private Equity
01/12/2022 at 16h16, by Africa Business+
Moringa alumnus Martin Poulsen behind Empower New Energy’s first deals
Co-founded by former Scatec VP Terje Osmundsen, Empower New Energy recently launched its first investments....
Advisory
22/11/2022 at 20h36, by Africa Business+
Advisers to Nigerian Purple Real Estate Income’s first IPO
The Olaide Agboola-led real estate investment and services group is launching an IPO of 2 billion ordinary...
Maritime transport
21/11/2022 at 17h43, by Africa Business+
Maritime logistics : German Harren Group targets African oil jurisdictions
The German maritime transport and logistics company has set up in Lagos, with its sights set on the...
Hotel business
10/11/2022 at 17h44, by Africa Business+
Dentons, Olaniwun Ajayi and Deloitte advise Kasada on Southern Sun Ikoyi acquisition
The final stretch for closing this deal in Nigeria is expected in the next few days.
Commercial banking
04/11/2022 at 18h06, by Pierre-Olivier Rouaud
Nigeria : AfDB strengthens First City Monument Bank’s SME outreach
The pan-African financial institution is providing a $50 million line of credit, part of which will...
Commercial banking
31/10/2022 at 17h43, by Africa Business+
Nigeria : IFC grants $10 m to strengthen Providus Bank’s short-term signature
The small, fast-growing Nigerian bank, which recently exited the OTC market, will benefit from a $10...
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