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Nigeria: AfDB to Play Bigger Role in Nigeria, Other African Economies By Investing in Infrastructure Private Equity
Home › News & Events › Infrastructure News › Nigeria: AfDB to Play Bigger Role in Nigeria, Other African Economies By Investing in Infrastructure Private Equity
20 November 2018…
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Nigeria: The Risks and Benefits of "Cheap" Financing for the Electricity Industry
Home › News & Events › Infrastructure News › Nigeria: The Risks and Benefits of "Cheap" Financing for the Electricity Industry
11 March 2014 This Day Nigeria& acute;s appetite for improved electricity supply is driving her demand for cheap private financing from various sources across the globe. Chineme Okafor examines…
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Nigeria sees strong growth but oil account fears rise
Home › News & Events › Infrastructure News › Nigeria sees strong growth but oil account fears rise
21 November 2013 Financial Times Nigeria´s economy expanded at the fastest rate this year in the third quarter, but the country´s fiscal situation has deteriorated with the further depletion…
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Nigeria water crisis is pressing with 42% of the population lacking sufficient safe water
Home › News & Events › Infrastructure News › Nigeria water crisis is pressing with 42% of the population lacking sufficient safe water
14 March 2014 live-PR.com (Nigeria) Nigeria's water crisis is pressing, with estimates stating that 42% of the country's population still lacking sufficient access to safe water, and with roughly 68%…
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ICT Nigeria: IHS invests $8m in African networks
Home › News & Events › Infrastructure News › ICT Nigeria: IHS invests $8m in African networks
16 April 2012 Networking - 16 April 2012 African telecommunications infrastructure company IHS has invested $8 million (about R63 million) to upgrade to its Network Operations Centre (NOC) in Lagos, Nigeria. The Nigeria Stock Exchange-listed company builds and rents out phone towers to mobile operators. It says the upgrade will allow IHS to offer hi-tech infrastructure management and professional services and site monitoring systems, initially to operators in Nigeria, Cameroon and Niger, and later to other neighbouring countries in West Africa. According to IHS CEO Issam Darwish, 25%…
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World Bank mobilises N2.5tr for power generation in Nigeria
Home › News & Events › Infrastructure News › World Bank mobilises N2.5tr for power generation in Nigeria
7 May 2014 The Guardian THE World Bank Group announced yesterday that it mobilised about nearly N2.5 trillion as part of the reforms in the power sector, to support electricity generation in Nigeria…
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France and EIB participate in financing infrastructures in Nigeria
Home › News & Events › Infrastructure News › France and EIB participate in financing infrastructures in Nigeria
8 March 2010 The European Investment Bank has agreed a loan of 324.5 million Dollars to three Nigerian banks in order to finance infrastructure projects in Nigeria. This involves the First Bank of Nigeria, the Guaranty Trust Bank, and Stanbic IBTC. They will be granting loans to companies to finance private infrastructure projects as or within the framework of public-private partnerships. Nigeria…
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France and EIB participating in financing infrastructures in Nigeria
Home › News & Events › Infrastructure News › France and EIB participating in financing infrastructures in Nigeria
2 March 2010 The European Development Bank has agreed a loan of 324.5 million Dollars to three Nigerian banks in order to finance infrastructure projects in Nigeria. These are the First Bank of Nigeria, the Guaranty Trust Bank, and Stanbic IBTC. They will be granting loans to companies to finance private infrastructure projects within the framework of public-private partnership arrangements. Nigeria is likewise going to be benefiting from French aid in financing its infrastructures. Some weeks earlier France announced the granting of 1.6 billion Dollars to the countries of the West African…
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Nigeria - Power privatisation bidders complete payments
Home › News & Events › Infrastructure News › Nigeria - Power privatisation bidders complete payments
29 August 2013 News24 Nigeria Abuja - Nigeria's President Goodluck Jonathan said on Monday that bidders for state electricity assets had completed payments, clearing a major hurdle in a privatisation…
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Nigeria's Jonathan Seeks Infrastructure Funds From China
Home › News & Events › Infrastructure News › Nigeria's Jonathan Seeks Infrastructure Funds From China
"We're not just going there to seek loans, we want investments," Okonjo-Iweala said in a July 3 interview in Abuja, the capital. "We also want China to invest more in Nigeria." Trade between Nigeria…