Latest News Nigeria
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...
Private Equity
28/10/2022 at 15h57, by Africa Business+
AfricInvest and Health Finance Coalition aim to attract US DFC
The private equity firm and the NGO, partners in a health fund targeting the continent, are negotiating...
New technologies
14/10/2022 at 16h23, by Africa Business+
Turaco co-founder and CEO Ted Pantone : “Nigeria is the country with the most potential”
The insurtech Turaco, which has several hundred thousand customers, is focusing on Nigeria and the medical...
Private Equity
13/10/2022 at 14h37, by Africa Business+
Alta Semper has new fund in pipeline for 2023
The investor has had several recent successes in the healthcare sector and plans to set up a second...
Development Bank
12/10/2022 at 14h56, by Africa Business+
Africa50 convinces NSIA to join its accelerator fund
While the organisation recently welcomed Aminu Umar-Sadiq as its new CEO, one of his predecessor’s latest...
Renewable energies
11/10/2022 at 17h05, by Africa Business+
Kowry Energy aims to raise equity and debt
The company that develops autonomous electrical systems is supported in seed by Rolls Royce. After West...
Energy
06/10/2022 at 15h29, by Africa Business+
Actis to exit from another energy platform following BTE Renewables
It is a gas platform in Africa, but the capital investor did not wish to comment further.
Bank
05/10/2022 at 15h39, by Africa Business+
Managing director of FSDH Merchant Bank, Bukola Smith, lands $25 million from AfDB
The head of the Nigerian private merchant bank is diversifying her funding sources. The loan will be...
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