Dangote to build refinery with funds Africa's wealthiest man, Aliko Dangote, announced that he has negotiated loans amounting to US$4. 25 billion to fund the construction of a refinery to help the African continent's biggest crude oil producer be weaned from gasoline imports.
Tags: Nigeria
China's Sinosteel in talks to obtain Nigeria's steel mill
Sinosteel was in talks with Nigerian ministers for about US$6 million worth investment in Nigerian steel mill.
Investors in Nigeria more confident - LCCI
According to the third quarter BCI Index, investors in Nigeria are becoming more confident. Business confidence levels in the Nigerian market is steadily improving, said the Lagos Chamber of Commerce and Industry, the premiere chamber of commerce in the African nation.
3CNET and Edgewater Wireless Offers WIFI In Nigeria
A partnership between 3CNET and Edgewater Wireless woudl offer WIFI in Nigeria. (Photo : Reuters)The image shows an laptop user accessing the internet through WiFi.
Nigeria set for new Eurobond issue
Nigeria prepares for a new Eurobond issue worth another US$1 billion. (Photo : Reuters)Nigerian Parliament sets on a call to order. Plans for a one week roadshow to be conducted in Britain, Germany and the United States would be undertaken by Nigeria.
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Oando is purchasing ConocoPhillips assets in Nigeria and many see the firm struggling to find the equity for investments purposes.
Private equity firm Carlyle Group is set to sign investment deals in Africa to tap the increasing customer spending in the continent.
Nigeria's state-backed "bad bank" AMCON has appointed Citi and Renaissance Capital to determine the value of three lenders it nationalised last year before deciding on the best way to privatise them.
