14 results
- 25 Nov 2024
BoI Raises Over $5Bn Funding, 2Bn Euro Syndications
In its bid to provide adequate funding for Nigeria’s industrial development finance, the Bank of Industry Limited, BoI, has raised over $5 billion in international funding instruments. The bank has…
- 15 Oct 2025
FG Strengthens Ties With JICA, MIGA To Drive Economic Growth
Nigeria has taken a significant step towards deepening its economic partnership with international development agencies, following a high-level bilateral meeting between the Federal Ministry of…
- 2 Dec 2014
IFC to Provide $80M Debt Financing to Azura-Edo Investment
IFC, a member of the World Bank Group, signed agreements to provide $80 million of debt financing to Azura Power West Africa Limited, a 450 MW gas-fired independent power project in Nigeria (the…
- 21 Jan 2015
World Bank Group to Help Develop Innovative Index-Insurance Solutions Globally
The Global Index Insurance Facility (GIIF), an innovative program managed by the World Bank Group, has launched indexinsuranceforum.org, an online knowledge platform for index-insurance practitioners…
- 11 Jun 2025
African Startups Raised $345m in Funding in May
African startups raised more than $345 million across 65 deals in May, more than double the amount raised in the same period of last year, according to a report by Briter, a research and business…
- 3 Jul 2026
World Bank Okays New $1.25Bn Loan for Nigeria
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration (NAIJA) programme. The approval was announced this week as the World…
- 5 May 2014
Azura Power Completes Signing $1Bn 450MW Gas Turbine IPP
Azura Power Holdings Limited has completed the signing of the key industry contracts and confirmation on the debt financing of its flagship 450MW Azura-Edo Independent Power Project (“Azura-Edo IPP”)…
- 11 Oct 2014
President Jonathan Leads Azura-Edo IPP Ground Breaking, Foundation Laying Ceremony
Azura Power Holdings Ltd, on Friday, conducted the official groundbreaking and foundation laying ceremony at the Azura-Edo Independent Power Project (IPP) in Benin, Nigeria. The ceremony was…
- 25 Aug 2024
SERAP Asks State Governors, Wike to Disclose Details of Chinese Loans
Socio-Economic Rights and Accountability Project (SERAP) has asked Nigeria’s 36 state governors and Nyesom Wike, minister of the Federal Capital Territory, to provide detailed information regarding…
- 21 Jul 2021
Agusto, GCR Affirm InfraCredit’s ‘AAA’ Long Term Credit Ratings
Rating agencies, Agusto & Co and Global Credit Ratings (GCR) have re-affirmed the “AAA” credit rating of Infrastructure Credit Guarantee Company Limited (InfraCredit), specialised infrastructure…
- 1 Jan 2025
FG Plans New Firm Expand Credit Access to Nigerians
Federal government will establish a national credit guarantee company in May to lend to businesses and individuals, according to President Bola Tinubu. Bola Tinubu Tinubu in an speech on Wednesday,…
- 11 Aug 2020
Buhari Signs Instrument Approving African Trade Insurance Agency
President Muhammadu Buhari has signed the instrument of accession of the agreement for the establishment of the African Trade Insurance Agency. The Agreement and the Agency are registered with the…
- 22 Oct 2018
AfDB Launches Landmark $500M Credit Insurance Deal with ATIA, UK Reinsurers
The African Development Bank (AfDB) and African Trade Insurance Agency (ATI) announce the successful completion of a US$500 million credit insurance deal structured to cover a portion of the Bank’s…
- 21 Apr 2026
ipNX, Industry Leaders Push for Unified Action on Telecom Growth, Security
ipNX, has once again emphasized the need for stronger collaboration among telecommunications operators, enhanced government support, and critical infrastructure reforms to drive sustainable growth in…