Category : Search result: 6 billion investment Africa


N20bn Money Laundering Case Adjourned to Dec 16

Federal High Court Lagos adjourns Taiwo Ibitola Taiwo's N20 billion money laundering case to December 16, 2025. The businesswoman faces fraud and conversion charges over family inheritance.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Man Discovers N1.1bn Gold Bars in His Backyard

A man in France struck gold, unearthing bars worth over N1.1 billion while excavating for a swimming pool. He reported the find to authorities. Discover the legal twist!

Lagos N200bn Bond Oversubscribed by 55%

Lagos State's landmark ₦200 billion bond issuance closed with 55% oversubscription, signaling strong investor confidence in Nigeria's economy and the state's development agenda.

UK Property Investment Showcase in Lagos Nov 25

Brithomes and London Square host exclusive UK property investment showcase in Lagos on November 25, 2025. Event targets high-net-worth investors seeking global wealth preservation.

Woman wins N2.5bn from husband's side chick

A North Carolina woman successfully sued her husband's mistress for N2.5 billion in damages under alienation of affection law. Discover how the court ruled in this groundbreaking case.

Africa Receives Only 2.3% of $2.4trn Clean Energy Funds

Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.

Fola Crosses 1 Billion Career Streams Milestone

Nigerian Afrobeats star Fola surpasses 1 billion streams globally in his debut year. Discover how his album 'Catharsis' and unique sound propelled this historic achievement.

Osun Passes N705bn 2026 Budget for Second Reading

Osun State Assembly approves N705 billion 2026 appropriation bill for second reading. Governor Adeleke's 'Budget of Economic Transformation' focuses on infrastructure and citizen welfare.

Akande hails Aiyedatiwa on Ondo development

APC chieftain Bisi Akande applauds Governor Lucky Aiyedatiwa for transforming Ondo State into industrial hub through massive investments and inclusive governance.

21 Turkish Investors Join Abia-Turkiye Summit

Abia State announces 21 Turkish investors registered for investment summit. State officials guarantee security and promising returns for businesses exploring opportunities in Nigeria.

Google's €5.5B German AI Investment Plan

Google announces its largest-ever investment in Germany with €5.5 billion for data centers and AI infrastructure, creating 9,000 jobs annually by 2029.

Africa's $2.2T Energy Mobility Revolution

Industry leaders reveal how Africa's shift to sustainable energy could unlock $2.2 trillion in economic benefits while solving transportation and power challenges.

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

Abia, Ogun Lead Nigeria Health Investment Rankings

Groundbreaking report reveals Abia and Ogun states are outpacing others in health sector investments, signaling a major shift in Nigeria's healthcare landscape. Discover how these states are setting new standards for medical infrastructure and funding.

Nigeria Targets Climate Investment at COP30

Nigeria is strategically positioning itself to attract massive climate investments at COP30, showcasing ambitious green initiatives and renewable energy projects to become West Africa's climate frontrunner.

Nigeria-Germany Alliance for $1 Trillion Economy

Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.

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