Latest News Nigeria
Insurance
19/04/2024 at 17h04, by Christelle Marot
Which investors are behind acquisition of Old Mutual’s life and general insurance businesses in Nigeria?
The insurance and financial services group Old Mutual Africa Holdings has signed a sale agreement with...
Transport & Logistics
18/04/2024 at 15h59, by Africa Business+
Which shipping lines will favour Tanger Med for their routes to West Africa?
Africa Business+ has the details.
Advisory
16/04/2024 at 18h11, by Africa Business+
Singaporean firm Robust International hires consultant to develop Nigeria’s sesame sector
The trading company, which sources agricultural products from Africa for export to Asia, is launching...
Industry
15/04/2024 at 18h05, by Africa Business+
CFAO sells Nigerian subsidiary deemed to be of secondary significance
The group led by Richard Bielle prefers to concentrate its resources on flagship sectors in the country.
Agri-food industry
10/04/2024 at 17h33, by Africa Business+
A major player in Nigeria’s fertiliser industry is about to be acquired
The country’s third-largest urea producer should change ownership.
Oil & Gas
20/03/2024 at 17h20, by Africa Business+
Which African country receives the largest royalty payments from Shell?
In 2023, a West African country will have overtaken Norway and Oman. It receives the largest payments...
Agribusiness
11/03/2024 at 18h49, by Africa Business+
Konexa CEO Pradeep Pursnani lands backers for Nigerian Breweries solar project
Pradeep Pursani, the London-based former manager of the Shell Foundation, has been developing renewable...
New technologies
28/02/2024 at 17h32, by Africa Business+
TerraHaptix to secure pre-series A funding by Q3 of 2024
The Nigerian start-up specialising in designing and manufacturing 3D-printable drones for civilian and...
Private Equity
20/02/2024 at 16h41, by Africa Business+
Nigeria’s CardinalStone sells gym chain I-Fitness to compatriot Verod Capital
To expand into new markets in West Africa, I-Fitness, the leader in indoor sports, is seeking support...
Agribusiness
12/02/2024 at 18h47, by Africa Business+
Nigeria’s Sahel Capital uses SEFAA to support hibiscus growers
Africa Business+ reports
Agri-food industry
09/02/2024 at 17h19, by Africa Business+
Absa supports Valency’s cashew purchases in Singapore
The company has already received support from Finnfund, Norfund and BII to build its factories in Côte...
Oil & Gas
08/02/2024 at 19h48, by Africa Business+
TotalEnergies exiting from Shell Petroleum Development Company in Nigeria
TotalEnergies is considering selling its stake in Nigeria’s Shell Petroleum Development Company (SPDC),...
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