Latest News Nigeria

Maritime transport

07/06/2022 at 15h41, by Africa Business+

Nigeria: Philippine ICTSI prepares $100 million investment in its Onne terminal

The port group controlled by the Razon family is betting more and more on Africa. Already present in...

Maritime transport

03/06/2022 at 16h56, by Africa Business+

What’s the status of China’s ZPMC’s Lekki contract in Nigeria?

Lekki, the port project intended to relieve the recurrent congestion of the Lagos container terminals...

New technologies

31/05/2022 at 17h15, by Africa Business+

Germany’s GreenTec Capital and Nigeria’s TVC Lab launch Zeitec Investment

The new company aims to act as a bridge between African and international co-investors for tech start-ups.

Bank

24/05/2022 at 16h12, by Africa Business+

Access Bank’s Roosevelt Ogbonna in talks to secure an additional $150m

After the recent deal concluded with the United States, the Nigerian businessman is conducting two other...

Bank

18/05/2022 at 15h00, by Africa Business+

Access Bank’s new CEO Roosevelt Ogbonna seals deal with DFC

In an unprecedented transaction, the United States, through its development institution, has decided...

Air transport

18/05/2022 at 13h39, by Africa Business+

Afrijet to open regional routes to Nigeria and DR Congo

The Libreville-based airline, managed by Marc Gaffajoli, intends to develop its regional network by...

New technologies

12/05/2022 at 15h46, by Africa Business+

Bankingly plans hubs in Nigeria and Morocco after raising $10 million

The Uruguayan fintech offering digitalisation solutions to banks and microfinance institutions has clients...

New technologies

06/05/2022 at 20h08, by Africa Business+

Paga Group CEO Tayo Oviosu: “Our partnerships with Visa and others make us look beyond Nigeria and Ethiopia”

The head of the Nigerian fintech, which recently launched in its second market in Ethiopia, revealed...

Energy

20/04/2022 at 16h52, by Africa Business+

Transmission Company of Nigeria CEO Sule Ahmed Abdulaziz selects two Chinese bids for $155 million network extension

The proposals from Xian Electric/Sumec Complete Equipment and North China Power Engineering were approved...

Bank

15/04/2022 at 16h42, by Africa Business+

Zenith Bank CEO Ebenezer Onyeagwu negotiates a record-breaking $250m facility with IFC

The deal follows an initial commitment from the multilateral institution in June 2020. 

Oil & Gas

06/04/2022 at 16h40, by Africa Business+

Shell’s payments to Nigeria increase, assets sale lingers on

The major’s taxes and royalties rose by 38% in 2021 in the West African jurisdiction, while an environmental...

Advisory

23/03/2022 at 16h59, by Africa Business+

ASI to investigate Socfin’s “responsible palm oil” certification dispute

ASI Assurance Services International (ASI) is to launch an inquiry into the lack of consultation between...

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