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Pricing revealed on Ecobank $50m loan
Ecobank has signed a $50 million one-year senior unsecured loan facility with an interest rate of 3 month Libor plus…
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ING closes two ECA-backed bilateral deals
The facilities are for Nigeria-based L. A. T. C. Marine Limited. The ECA involved in both facilities was Atradius. Damen…
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FCMB Capital Markets Facilitates US$445m Accugas deal
FCMB Capital Markets Limited , the investment banking subsidiary of FCMB Group Plc has again demonstrated its capital raising credentials…
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TCN hits new electricity transmission peak of 4,656mw
TCN stated in a statement from its General Manager, Public Affairs, Seun Olagunju, that its total electricity transmission capacity into…
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GE technology provides 12mw of power for Lekki Free Zone
With three Waukesha 275GL+ and one VHP 7104GSI gas Enginators, this project is the largest of its kind in sub-Saharan…
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Nigerian firm signs MoU with Canadian company for waste to energy project
In its determination to reduce the countrys dependence on fossil fuels and other unclean energy, a Nigerian company, Traveri Group,…
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Brass LNG management tasks Buhari on facilitation of FID
The management of Brass Liquefied Natural Gas (LNG), has charged President Mohammadu Buhari to do all it takes to facilitate…
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FG extends Manitoba Hydro International TCN management contract
The Federal Government has extended the management contract of the Transmission Company of Nigeria (TCN) with Manitoba Hydro International Limited…
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MX Oil announces investment in Aje field licence
AIM-listed MX Oil Plc has agreed to invest in an indirect, non-operated, 5% revenue interest in theOML 113 licence, offshore…
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Oando Energy to acquire ConocoPhillips Nigerian businesses for $1.79bn
Oando Energy Resources (OER) has entered into an agreement with ConocoPhillips to acquire its Nigerian businesses, for about $1.79bn. As…