Tag Archives: Nigeria

EIB Group Sets Out Private Investment and Multilateral Cooperation Priorities at Bangkok Meetings

European Investment Bank Group headquarters building

EIB leaders discuss global financing partnerships, planned cooperation with Nigerian and Japanese institutions and a $250 million semiconductor investment in Malaysia. IN BRIEFKEY TAKEAWAYSFAQs The European Investment Bank Group is participating in the 2026 World Bank Group and IMF Annual … Read the full press release →

Standard Chartered expands VCC platform to ten sub-funds as AUM exceeds $2.6 billion

New Signature Select Premium Cash Reserve Fund brings an enhanced cash management strategy to accredited and professional investors across six initial markets IN BRIEFKEY TAKEAWAYSFAQs Standard Chartered has launched the tenth sub-fund on its Variable Capital Company platform, with BNY … Read the full press release →

TotalEnergies and AMNI Approve Ima Gas Development to Supply Nigeria LNG Train 7 Expansion from 2028

(IN BRIEF) TotalEnergies and AMNI have taken the Final Investment Decision for the Ima gas field offshore Nigeria, with production expected to begin in 2028 and reach around 350 million cubic feet per day, or more than 60,000 barrels of … Read the full press release →

Thales Alenia Space Wins NIGCOMSAT Contract to Build NigComSat-2A Geostationary Satellite for Expanded Digital Connectivity Across Africa

(IN BRIEF) Thales Alenia Space has signed a contract with Nigerian government-owned NIGCOMSAT Ltd to develop NigComSat-2A, a new geostationary telecommunications satellite designed to strengthen digital connectivity across Africa. The nearly four-tonne spacecraft will be based on Thales Alenia Space’s … Read the full press release →

Standard Chartered and AllianzGI Partner on Gold ETF and Covered Call Strategy

(IN BRIEF) Standard Chartered has launched the Signature Select Enhanced Gold Income Fund, its ninth sub-fund under the Bank’s Variable Capital Company platform. The fund is managed with Allianz Global Investors as sub-manager and combines exposure to gold exchange-traded funds … Read the full press release →

Brenntag to Distribute BASF Home Care and Industrial Cleaning Solutions Across Sub-Saharan Africa

(IN BRIEF) Brenntag has signed a new distribution agreement with BASF covering innovative cleaning solutions for the Home Care and Industrial & Institutional Cleaning sectors in Sub-Saharan Africa. The agreement applies to South Africa, Nigeria, Ghana, Kenya, Uganda, Tanzania and … Read the full press release →

Bayer expands global food security efforts through partnership with International Organization for Migration and large scale seed donations

(IN BRIEF) Bayer has expanded its partnership with the International Organization for Migration to deliver more than 225 metric tonnes of vegetable and corn seeds in 2026 to vulnerable communities worldwide. The initiative supports Bayer’s Zero Hunger Pledge and focuses … Read the full press release →

Professor Vicki Squire of the University of Warwick joins Academy of Social Sciences Fellowship recognising leadership in migration and humanitarian research

(IN BRIEF) Professor Vicki Squire of the University of Warwick has been elected as a Fellow of the Academy of Social Sciences, a prestigious honour recognising significant contributions to research and public understanding within the social sciences. Professor Squire, a … Read the full press release →

TotalEnergies Sells 12.5% Stake in OML118 PSC to Shell Nigeria for $510 Million

(IN BRIEF) TotalEnergies has agreed to sell its non-operated 12.5% stake in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million. The deal includes assets in the Bonga and Bonga North fields, … Read the full press release →

EBRD Clears Path for First-Ever Expansion into Sub-Saharan Africa and Iraq

(IN BRIEF) The EBRD has secured the necessary shareholder approval to amend its statutes and expand operations into select sub-Saharan African countries and Iraq. This move, set to take effect in three months, follows the approval of the amendment by … Read the full press release →

Sines LNG Terminal Sets New Milestones in Portugal’s Natural Gas Supply, Contributing to National Network Growth

(IN BRIEF) The Sines LNG terminal, operated by REN, played a pivotal role in Portugal’s natural gas supply in 2024, delivering 98% of the National Gas System’s requirements. The terminal’s strategic importance continues to grow, with shipments primarily from Nigeria … Read the full press release →

APM Terminals Apapa Awards Scholarships to 45 Undergraduates, Expanding Its Commitment to Education in Nigeria

(IN BRIEF) APM Terminals Apapa, Nigeria’s largest container terminal, awarded scholarships to 45 undergraduate students from its host community as part of its corporate social responsibility efforts. The ceremony, held in Lagos, also recognized the children of five front-line employees. … Read the full press release →

Shell Announces Final Investment Decision for Bonga North Deep-Water Project, Advancing Nigeria’s Offshore Energy Development

(IN BRIEF) Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has approved the final investment decision for the Bonga North project, a deep-water oil and gas development off Nigeria’s coast. The project, which ties into … Read the full press release →

Prudential Strengthens Nigerian Market Position with Full Acquisition of Zenith Life

(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release →

University of Liverpool Awarded £1.3m to Combat Antimicrobial Resistance in Fleming Fund Partner Countries

(IN BRIEF) The University of Liverpool has secured £1.3m in funding to support the UK Government’s Fleming Fund Fellowship Programme, aimed at addressing antimicrobial resistance (AMR) in partner countries. Led by Professor Alison Holmes, the program will provide mentorship and … Read the full press release →

TotalEnergies Launches Akpo West Field Production, Boosts Nigeria’s Energy Sector

(IN BRIEF) TotalEnergies, along with its partners, has commenced production from the Akpo West field in Nigeria’s PML2 license area. This field, located 135 kilometers off the coast, is tied back to the existing Akpo Floating Production Storage and Offloading … Read the full press release →

TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release →

Equinor Agrees to Sell Nigerian Business and Agbami Oil Field Stake to Chappal Energies

(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release →

GSK and Save the Children Extend Partnership to Boost Child Vaccination Rates in Ethiopia and Nigeria

(IN BRIEF) Pharmaceutical company GSK and international non-profit organization Save the Children have renewed their partnership for another five years, with GSK committing £15 million to the initiative. The collaboration will primarily focus on increasing child vaccination rates and reducing … Read the full press release →

Ericsson’s Graduate Program Welcomes Fresh Cohort in Nigeria, Aiming to Drive Innovation and Digital Transformation in Africa

(IN BRIEF) Ericsson has introduced a new group of graduates in Nigeria as part of its ongoing Graduate Program in Africa. This program offers opportunities for graduates to explore roles in various fields including Engineering, Information Technology, Artificial Intelligence, and … Read the full press release →

TotalEnergies Secures 20-Year Renewal for OML130 Production License in Nigeria

(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release →

Solidaridad’s Aquaculture Project Receives Applause for Enhancing Fish Production in Nigeria

(IN BRIEF) The Aquaculture Development Project Nigeria (ADPN) received recognition during an official working visit by Solidaridad Network’s Executive Director and Solidaridad West Africa’s Regional Director. The project aims to enhance fish production and develop a sustainable aquaculture sector in … Read the full press release →

Swedfund soutient le plan du gouvernement de l’État de Lagos visant à réduire l’empreinte climatique grâce à des carburants alternatifs dans les transports publics

(ACTUALITÉ EN BREF) L’accélérateur de projet de Swedfund a signé un accord de subvention avec l’Autorité des transports de la région métropolitaine de Lagos (LAMATA) pour mener une étude sur l’introduction de carburants alternatifs dans le système de transport public … Read the full press release →

Swedfund supports Lagos State Government’s plan to reduce climate footprint through alternative fuels in public transport

(IN BRIEF) Swedfund’s Project Accelerator has signed a grant agreement with the Lagos Metropolitan Area Transport Authority (LAMATA) to carry out a study on introducing alternative fuels to Lagos’ public transport system. The study aims to reduce CO2 emissions and … Read the full press release →

Mitsubishi Corporation s’associe à Solidaridad pour distribuer des foyers économes en énergie aux producteurs de cacao nigérians

(ACTUALITÉ EN BREF) Mitsubishi Corporation et Solidaridad se sont associés pour introduire des foyers économes en énergie pour les petits producteurs de cacao dans les États nigérians d’Ondo et de Cross River. La plupart des ménages ruraux du Nigéria utilisent … Read the full press release →

Mitsubishi Corporation Partners with Solidaridad to Distribute Energy-Efficient Cookstoves to Nigerian Cocoa Farmers

(IN BRIEF) Mitsubishi Corporation and Solidaridad have partnered to introduce energy-efficient cookstoves to smallholder cocoa farmers in Nigeria’s Ondo and Cross River states. Most rural households in Nigeria use traditional cookstoves made from mud or metal scraps, which require large … Read the full press release →

Solidaridad to support smallholder oil palm farmers in Nigeria get a better price for their produce in partnership with Zowasel, an agricultural produce marketing company

(PRESS RELEASE) UTRECHT, 12-Jul-2022 — /EuropaWire/ — Solidaridad, an international civil society organization active in over 40 countries with 8 regional offices on 5 continents, has announced it will support smallholder oil palm farmers in Nigeria get a better price … Read the full press release →

Solidaridad para ayudar a los pequeños productores de palma aceitera en Nigeria a obtener un mejor precio por sus productos en asociación con Zowasel, una empresa de comercialización de productos agrícolas

(COMUNICADO DE PRENSA) UTRECHT, 12-Jul-2022 — /EuropaWire/ — Solidaridad, una organización internacional de la sociedad civil activa en más de 40 países con 8 oficinas regionales en los 5 continentes, ha anunciado que ayudará a los pequeños productores de palma … Read the full press release →

DEG to pool activities in the West African countries with new representative office in Lagos

(PRESS RELEASE) COLOGNE, 8-Nov-2019 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft opens a representative office in Lagos. The new office in Nigeria’s economic hub will pool DEG’s activities in the West African countries. Nigeria is one of the … Read the full press release →

Eni: gas and condensate production starts at Obiafu 41 in Nigeria

(PRESS RELEASE) MILAN, 23-Oct-2019 — /EuropaWire/ — Eni has announced it begun production of gas and condensate from the Obiafu 41 discovery in the Niger Delta. According to the company the gas from this discovery will mainly be delivered to … Read the full press release →

Symrise strengthens presence in West Africa with the opening of its own application labs in Nigeria

(PRESS RELEASE) HOLZMINDEN, Germany, 6-Sep-2019 — /EuropaWire/ — Symrise, a global fragrance and flavoring manufacturer based in Germany, sets up its own application labs in Nigeria. The company opened the new facilities in Lagos, the largest city in the West … Read the full press release →

Symrise will present its products at agrofood in Lagos, Nigeria from March 27 to 29, 2018

The company exhibits at the Nigeria agrofood trade show Products for customers in West Africa Holzminden, Germany, 26-Mar-2018 — /EuropaWire/ — Symrise is boosting its operations in the West African market. The global supplier of fragrances and flavorings will present its … Read the full press release →

Eni and the Food and Agriculture Organization (FAO) to foster access to safe and clean water in Nigeria

This is the first initiative promoted in the FAO – Eni collaboration. Within this project, FAO will provide support in identifying the areas of intervention for the wells as well as technical expertise and know-how in the targeted areas, whereas … Read the full press release →

Wincor Nixdorf opens representative office in Lagos, Nigeria

Wincor Nixdorf continues expansion in emerging markets 12-7-2013 — /europawire.eu/ — Wincor Nixdorf, one of the world’s leading providers of IT solutions and services for banks and retail businesses, is opening a new representative office in Lagos, the largest city in … Read the full press release →

Sixt startet mit starkem Partner in Nigeria

Erfahrener Franchisepartner mit hochwertiger Fahrzeug-Flotte Umfassendes Mobilitätsangebot für Geschäftsreisende  Pullach, 13-5-2013 — /europawire.eu/ — Sixt geht in Nigeria mit einem starken Partner an den Start: Seit dem 1. Mai 2013 bietet das Unternehmen in dem westafrikanischen Staat flexible und bequeme Mobilitätsdienstleistungen … Read the full press release →

ROSATOM at Africa’s largest power and energy exhibition

Johannesburg, 18-4-2013 — /europawire.eu/ — ROSATOM is among more than 200 exhibitors that are participating in Africa’s largest power and energy show. The exhibition which is known as the “Power and Electricity World Africa 2013” is an annual event which brings … Read the full press release →

23.632 people were identified or presumed victims of trafficking in the EU over the 2008-2010 period

Trafficking in human beings: more victims in the EU but Member states are slow to respond Brussels, 15-4-2013 — /europawire.eu/ — This is the most striking figure emerging from the first report on trafficking in human beings in Europe, published today by … Read the full press release →