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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