Nigeria's Fidelity Bank Plc just received a US $50 million line of credit from the African Development Bank (AfDB) to help develop small-to-medium-sized and women-owned enterprises in certain targeted business sectors.
Nigeria Tender and Business News
In a move the government says will help deter corruption, on October 13 the government of Nigeria banned travel for fifty well-known politicians in the country.
The Export-Import Bank of China (CEXIM) has provided Africa Finance Corporation, a major infrastructure development finance institution serving all of Africa and based in Nigeria, with a US $200 million 5-year loan and a US $100 million 5-year standby facility for corporate purposes.
According to a new report by PwC, Africa's entertainment and media industry, already recognized as one of the fastest growing and innovative regions in the world for media and entertainment opportunities, has entered a dynamic new phase -- a third wave of convergence.
According to a new report by the World Bank in the October 2018 issue of Africa's pulse, sub-Saharan African economies are still struggling after the significant slowdown they suffered in 2015-16.
Operators of a Swiss merchant vessel traveling in Nigerian waters have confirmed the capture of the vessel by oceangoing pirates on September 22.
The African Development Bank has authorized the release of $58 million for the Off-Grid Energy Access Fund (OGEF) in Nigeria.
President Muhammadu Buhari of Nigeria will be signing a historic financing agreement with Chinese President Xi Jinping this week, to support building Nigeria’s nationwide Information and Communication Technology Infrastructure Backbone Phase 1 (NICTIB 11) project.
The Off-Grid Energy Access Fund (OGEF) just received a total of US $58 million from the Nordic Development Fund, the African Development Bank, the Shell Foundation of the Netherlands, and other partners.
In an unusual collaboration of technology and the fashion industry, Siemens of Germany used data from the cities of Lagos, Nairbi, and Johannesburg to weave unique fabrics which tell a story about each industry.
German pharmaceutical company Boehringer Ingelheim recently announced a new initiative targeting providing quality human and animal healthcare within the African continent. It's called "In Reach Africa".
Dangote Industries Tanzania, part of Nigeria's Dangote Corporation, has inked a new deal with Tanzania Petroleum Development Corporation to fuel Dangote's Mtwara cement plant using lower cost natural gas as opposed to the the current use of far more expensive diesel.
Lagos, Nigeria based TAGET Media, previously a brand strategy company, is expanding its offerings by adding Digital Marketing Services targeted for small-to-medium sized businesses.
A well-known Mobil gas station beside the Oshodi-Gbagada Expressway in Lagos is the center of a legal fight involving two major regional oil companies.
The Nigerian National Petroleum Corporation, NNPC, has awarded a total of 14 scholarships for Persons With Disabilities (PWD) in the Delta region of Nigeria.
Oradian, a Zagreb, Croatia based digital financial services company, has formed a strategic partnership with the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) to boost financial inclusion throughout Nigeria.
Togo-based Ecobank, an independent pan-African banking group, has selected the finalists for its 2nd annual Ecobank Fintech Challenge, a competition for Africa-focused technology startups.
The Cote d'Ivoire based African Development Bank's President, Akinwumi Adesina, made a strong plea to help farmers across the African continent get access to new technologies which could transform agricultural production and yields.
A new task force has been formed by the African Development Bank in Nigeria, in partnership with the Federal Government There, to form the first Public-Private Round Table on Youth Employment and Skills Development.
The "In Reach Africa" program, an initiative targeted at providing quality and innovative human and animal healthcare access across the African continent, was just launched by Boehringer Ingelheim, a major global pharmaceutical company based in Germany.
KBR,a provider of differentiated professional services and technologies in Texas, has been awarded an LNG FEED contract, by Nigeria LNG (NLNG), for further expansion of the Bonny Island LNG plant at Bonny Island, Nigeria.
Nigerian insurance companies and banks will soon be introducing fiduciary bonds – also known as integrity bonds – to help minimize the likelihood of fraud and corruption in contracting in the country.
New York based Enago recently conducted a series of four workshops within Nigeria on the issue of academic publishing for researchers.
Last week, China National Offshore Oil Corporation (CNOOC) announced plans to increase investment in its existing offshore oil and gas operations within Nigeria's jurisdiction, by an additional $3 billion.
MallforAfrica, a Nigeria-based e-commerce provider, is partnering with DHL, a global international express services provider, to work with its new Marketplace Africa platform, to help online retailers sell and ship African-made products to the U.S. and other global markets.