Nigeria

Nigeria's President Buhari Signs N17.127tr 2022 Budget into Law
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Nigeria's President Muhammadu Buhari has signed into law the country's 2022 Appropriation Bill and the 2021 Finance Bill.

Nigeria: Oyo State Government awards N4.9b construction contract for Ibadan Roads
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Kopek Construction Limited wins Ibadan Airport Road project, and is set to begin work shortly.

Nigeria: Oyo State Independent Power Project to Bridge Power Gaps
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Oyo State in Nigeria has launched an Independent Power Plant (IPP) project to meet its power needs. 

Besix to construct roof structure of Abidjan Exhibition Centre in Cote D'Ivoire
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PFO Africa, the designer and builder of the Abidjan Exhibition Centre (Parc des Expositions) in Ivory Coast, has awarded BESIX a contract to build…

Nigeria’s Construction Industry Poised to Achieve 3.9% Growth in 2021
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After a rough year in 2020 with a 7.7% decline in output, Nigeria's construction industry is expected to achieve a growth of 3.9% this year, 2021…

CCECC Awarded $3.02b Eastern Railway Contract in Nigeria
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China's CCECC signed a contract with Nigeria’s Federal Ministry of Transportation to develop the Nigerian Eastern Railway.

TEF funds 5000 African SMEs from 54 African countries for 2021 Entrepreneurship Programme
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The Tony Elumelu Foundation (TEF) has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme.

Nigeria: Transcorp Boosts Investment in Power Sector
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The Transnational Corporation of Nigeria Plc, Transcorp, has intensified its presence in the country’s power and petroleum sectors. 

Design-Build Contract Awarded for U.S. Consulate General in Lagos, Nigeria
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The U.S. Department of State has awarded a design-build contract for construction of a new U.S. Consulate General office building in Lagos,…

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.