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ALL ARTICLES NIGERIA

Politics 10/07/2020

Robert Bourgi surfs on Macron's second wind

Since the recent French government reshuffle announced by Emmanuel Macron, the lawyer Robert Bourgi, whose African network is now a shadow of its former self, has been touting his ties with the new ministerial team. [...]

Mining 09/07/2020

China's Shandong aims to take on Barrick, Newmont and AngloGold

In bidding to take control of Cardinal Resources, which is developing Ghana's Namdini gold field, China's Shandong Gold aims to compete with the world's gold industry giants, all of which have a permanent presence in West Africa. [...]

Inner circles Business Finance 09/07/2020

Union Bank gets boost from IFC

Oil & gas 07/07/2020

P&ID affair: VR Advisory Services tries to avoid further questioning by Nigeria over $9bn compensation award

Cayman Islands-registered asset manager VR Advisory Services, which has a 25% stake in the capital of P&ID, has asked an American court to quash the summons with which it has been served in its $9bn legal dispute with Nigeria over a failed LNG project. [...]

Business Defence 07/07/2020

Death of oligarch Alhaji Attom deprives Norinco of a key partner in Nigeria

The death of Baram group head Alhaji Gujja Attom could lead to a shake-up in the Nigerian defence sector, where he was the agent of Chinese giant Norinco. [...]

Oil & gas 06/07/2020

ADM Energy keeps losing Emirati allies

Facing the double whammy of the global health crisis and a run-in with a distant cousin of the emir of Dubai, Nigerian junior ADM Energy has been deserted by yet another UAE supporter. [...]

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Oil & gas 06/07/2020

Nigeria's Pelfaco woos Mercuria over Saunda

Nigerian national Gesi Asamaowei, head of Pelfaco, the company that operates the Congolese offshore block Saunda Marine, hopes to ditch this asset before the year is out. [...]

Oil & gas 03/07/2020

Aje: how Yinka Folawiyo secured a massive discount on FPSO lease

The Covid-19 crisis has helped the Nigerian billionaire cut costs by squeezing his contractors to the max. [...]

Business Defence 02/07/2020

DICON to make Chinese Norinco AK-47s and Turkish Barer uniforms

Nigerian defence conglomerate DICON is expanding its Kaduna factory to make assault weapons, munitions and uniforms. The idea is to favour domestic production over costly imports. [...]

Business Fintech 02/07/2020

Yabacon Valley duo play urban planning matchmakers

Two Nigerian tech luminaries have set up a competition with big-name backers to help local startups avoid administrative pitfalls. Winners will be given access to the pair's extensive contact lists. [...]

Spotlight Oil & gas 01/07/2020

Marginal fields: who among Buhari's buddies can help bidders win over DPR?

Junior oil firms flocked in their hundreds to bid for one of the 57 marginal fields put up for sale by the Abuja authorities to avoid a financial debacle as the Covid-19 crisis continues. [...]

Business Defence 29/06/2020

Nigerian APC maker Proforce jumps aboard Deep Blue maritime security contract

Nigeria's Proforce Defence has supplied the government with light armoured vehicles to beef up security in the Niger Delta as part of the huge Deep Blue project. The deal is a concession of sorts by Israeli firm HLSI-Blue Octagon to Abuja and Nigeria's emerging defence industry. [...]

Oil & gas 26/06/2020

Nigeria wins round in $9bn legal battle with P&ID

In an effort to bring to an end its legal dispute with P&ID, the Nigerian state has brought its right to sovereign immunity back to centre stage. [...]

Running story Politics

Erdogan sets out to conquer Africa

Keen to reassert Turkey's international status, and also to help Turkish companies to break into the African market, the Turkish president Recep Tayyip Erdogan has been spearheading a major diplomatic and business drive in West and North Africa. [...]

Kase Lawal welcomed American entrepreneurs to the Atlanta offices of his Unity National Bank.

Oil & gas 24/06/2020

Ex-Obama golden boy Kase Lawal wins praise from Mike Pence as he puts Erin Energy fiasco behind him

Billionaire businessman Kase Lawal, who was at the heart of the major scandal caused by the collapse of oil junior Erin Energy in 2018, is now concentrating on his financial activities in the United States, where he is using his Unity National bank to extend his political influence. [...]

A large rally organised by the opposition coalition in Bamako on 18 June.

Politics 24/06/2020

Lowdown on international intervention to help unlock Bamako political standoff

ECOWAS mission, UN intervention and AU action - the international community is concerned to see a key country in the fight against terrorism in the Sahel at a political impasse and has stepped up its action. [...]

One of the third-generation VT4 battle tanks delivered by Chinese defence giant Norinco to the Nigerian Army.

Spotlight Business Defence 24/06/2020

How China's Norinco has been kitting out Nigerian Army

The Chinese defence giant Norinco is preparing to deliver new heavy equipment to the Nigerian Army, adding to the avalanche of Chinese military equipment paid for by special funds and sent to Nigeria over the past few years. [...]

Business 23/06/2020

All-powerful during Jonathan era, magnate Gilbert Chagoury lies low under Buhari

The Lebanese-Nigerian billionaire businessman Gilbert Chagoury has stayed well out of sight since Muhammadu Buhari's arrival in power and for good reason. It was Chagoury who splashed out on PR services in the US for Buhari's rival Goodluck Jonathan ahead of the 2015 elections. [...]

Business Defence 23/06/2020

Military equipment specialist Marck opens first African branch in Abidjan

French military equipment producer Marck opened its first unit outside of France in Abidjan in June, the Compagnie Africaine de Défense et de Sécurité. [...]

Business Defence 23/06/2020

Out of Deep Blue contract, Italy is back thanks to Eligroup patrol boats

The Naples-based naval maintenance specialist Eligroup will deliver three refitted patrol boats to the Nigerian Navy and safety agency NIMASA this summer. It is a small consolation for Italy's defence industry against Israeli Blue Octagon, the architect of the vast maritime security project Deep Blue. [...]

Oil & gas 22/06/2020

PwC's Mr Energy Pedro Omontuemhen audits books for NNPC

When the state-owned oil giant NNPC retained PwC to audit the 2018 accounts of three of its subsidiaries (Napims, N-Gas and NPDC), a central role was played by PWC's lead energy consultant for West Africa, Pedro Omontuemhen. [...]

Business Banks 22/06/2020

Nigerian banking giant AFC struggles to keep expansion plans on course

In the midst of striking up new partnerships with foreign companies such as Olam and seeking new shareholders, the public-private bank Africa Finance Corp has suffered a setback at the hands of Moody's. The poor rating it received in May has been hampering its ambitious expansion plans. [...]

Business Finance 22/06/2020

Governments seek guidance on hidden pitfalls of G20 debt moratorium

For African countries, taking advantage of the G20 moratorium on bilateral debt during the Covid-19 pandemic could lead to unforeseen consequences, especially in terms of their credit ratings. A number of banks and law firms have been guiding them through this financial minefield. [...]

Business Defence 18/06/2020

Action Air keen to deploy its planes over Libreville-to-Dakar coastline

French aerial mapping firm Action Air Environnement, which is already present in Togo, is in talks with Gabon and Senegal about making its observation planes available. The aim is to combat maritime pollution and strengthen coastal surveillance in a region rich in fisheries and oil resources. [...]

General Pascal Facon, current commander of Operation Barkhane.

Diplomacy 17/06/2020

Operation Barkhane commanders' second life

Some of the generals who led France's largest overseas military operation are leaving the Army without their hoped-for promotion while others have been better in leveraging their experience in the Sahel. [...]

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General Electric and Aenergy trade blows in turbine war

How Ycap became the Gabonese sovereign fund's favorite asset manager

ALL ARTICLES NIGERIA

Robert Bourgi surfs on Macron's second wind

China's Shandong aims to take on Barrick, Newmont and AngloGold

Union Bank gets boost from IFC

P&ID affair: VR Advisory Services tries to avoid further questioning by Nigeria over $9bn compensation award

Death of oligarch Alhaji Attom deprives Norinco of a key partner in Nigeria

ADM Energy keeps losing Emirati allies

Nigeria's Pelfaco woos Mercuria over Saunda

Aje: how Yinka Folawiyo secured a massive discount on FPSO lease

DICON to make Chinese Norinco AK-47s and Turkish Barer uniforms

Yabacon Valley duo play urban planning matchmakers

Marginal fields: who among Buhari's buddies can help bidders win over DPR?

Nigerian APC maker Proforce jumps aboard Deep Blue maritime security contract

Nigeria wins round in $9bn legal battle with P&ID

Erdogan sets out to conquer Africa

Ex-Obama golden boy Kase Lawal wins praise from Mike Pence as he puts Erin Energy fiasco behind him

Lowdown on international intervention to help unlock Bamako political standoff

How China's Norinco has been kitting out Nigerian Army

All-powerful during Jonathan era, magnate Gilbert Chagoury lies low under Buhari

Military equipment specialist Marck opens first African branch in Abidjan

Out of Deep Blue contract, Italy is back thanks to Eligroup patrol boats

PwC's Mr Energy Pedro Omontuemhen audits books for NNPC

Nigerian banking giant AFC struggles to keep expansion plans on course

Governments seek guidance on hidden pitfalls of G20 debt moratorium

Action Air keen to deploy its planes over Libreville-to-Dakar coastline

Operation Barkhane commanders' second life

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General Electric and Aenergy trade blows in turbine war

How Ycap became the Gabonese sovereign fund's favorite asset manager

Erdogan sets out to conquer Africa

Cabo Delgado: a gas Eldorado and security nightmare

ALL ARTICLES NIGERIA

Robert Bourgi surfs on Macron's second wind

China's Shandong aims to take on Barrick, Newmont and AngloGold

Union Bank gets boost from IFC

P&ID affair: VR Advisory Services tries to avoid further questioning by Nigeria over $9bn compensation award

Death of oligarch Alhaji Attom deprives Norinco of a key partner in Nigeria

ADM Energy keeps losing Emirati allies

Nigeria's Pelfaco woos Mercuria over Saunda

Aje: how Yinka Folawiyo secured a massive discount on FPSO lease

DICON to make Chinese Norinco AK-47s and Turkish Barer uniforms

Yabacon Valley duo play urban planning matchmakers

Marginal fields: who among Buhari's buddies can help bidders win over DPR?

Nigerian APC maker Proforce jumps aboard Deep Blue maritime security contract

Nigeria wins round in $9bn legal battle with P&ID

Erdogan sets out to conquer Africa

Ex-Obama golden boy Kase Lawal wins praise from Mike Pence as he puts Erin Energy fiasco behind him

Lowdown on international intervention to help unlock Bamako political standoff

How China's Norinco has been kitting out Nigerian Army

All-powerful during Jonathan era, magnate Gilbert Chagoury lies low under Buhari

Military equipment specialist Marck opens first African branch in Abidjan

Out of Deep Blue contract, Italy is back thanks to Eligroup patrol boats

PwC's Mr Energy Pedro Omontuemhen audits books for NNPC

Nigerian banking giant AFC struggles to keep expansion plans on course

Governments seek guidance on hidden pitfalls of G20 debt moratorium

Action Air keen to deploy its planes over Libreville-to-Dakar coastline

Operation Barkhane commanders' second life

SPECIAL OFFER

First visit

Contacts

Tools

Free services

Follow us

A website edited by

Indigo Publications also publishes: