Nigeria

Nigeria’s Lekki Port Receives First Installment of $630m Chinese Loan
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The port has received US$60m from the China Development Bank as the first tranche of the loan.

Controversy in Nigeria Over Plans to Rehabilitate Port Harcourt Refinery
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While some Oil & Gas experts support the Nigerian Government’s plans to rehabilitate the Port Harcourt refinery, others have expressed…

Nigerian Federal Government to Concession 12 Highways to the Private Sector
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The Federal Ministry of Works has started this process under the Public-Private Partnership (PPP) scheme. 

Nigeria FG Grants NLNG N20bn Tax Waiver for Bodo Bonny Bridge Construction
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Nigeria's Federal Government has granted the NLNG Company N20 billion (approx. US$49 million) tax waiver for the Bodo-Bonny road and bridge…

Marriott Hotels Debuts in Nigeria With Opening of Lagos Marriott Hotel
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Marriott Hotels has announced its debut in Nigeria with the opening of its highly anticipated Lagos Marriott Hotel Ikeja. 

Construction Commences on Red Line Metro Project in Lagos, Nigeria
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Nigeria’s Lagos State Government has announced the commencement of construction work on the 37-kilometer Red Line metro project from Agbado to…

African Development Bank (AfDB) debars Nigerian Contracting Firm
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The African Development Bank Group, on 28 April 2021, announced the 36-month debarment of Maxicare Company (Nigeria) Limited with effect…

Tecnimont awarded US$1.5b Contract for Refurbishment of Refinery in Nigeria
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Nigeria's Federal Government has awarded a US$1.5 billion EPC contract for rehabilitation works on the Port Harcourt refinery to Italian firm…

Construction Moves Ahead for Lekki Deep Seaport in Nigeria
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Nigeria’s $1.5bn Lekki Port has reached 47% overall construction progress, and is set to be operational in the first quarter of 2023. …

Nigeria Signs Deal with Morocco’s OCP Group to develop US$1.4b Fertilizer Plant
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The project is structured to commercialize Nigeria’s vast natural gas resources and satisfy Morocco’s demand for cost-competitive Ammonia.…