Financials and Investment News in Nigeria

ADM Energy Announces Final Results (Replacement)
1/8/2025 - The following amendments have been made to the 'Final Results' announcement released on 31 December 2024 at 7:00 a.m. under RNS No 6595R.

Within the Independent Auditor Report included in ...
China Development Bank grants first loan to railway project in Nigeria
1/7/2025 - China Development Bank (CDB) released on Tuesday that the bank has recently granted a loan of 245 million euros ($254.76 million) to the Kano-Kaduna railway project in Nigeria, providing financial sup...
Seplat Energy Announces Notification of Dealing in Shares by a PDMR
12/19/2024 - The Company was notified of the purchase of 32,500 ordinary shares by Mr. Udoma Udo Udoma, the Chairman of the Board of Directors of the Company.

Following this purchase, Mr. Udoma Udo Udo...
Afreximbank participates in Bank of Industry Nigeria’s syndicated facility of up to EUR 2b
12/17/2024 - African Export-Import Bank (Afreximbank) recently joined a consortium of financial institutions in London to sign a landmark syndicated term loan facility for Bank of Industry (BOI) Nigeria of up to E...
Seplat Energy Announces Notification of Dealing in Shares by a PDMR
12/13/2024 - The Company was notified of the purchase of 20,000 ordinary shares by Mr. Babs Omotowa, an Independent Non-Executive Director of the Company.

The above transaction equates to a voting inte...
Fenikso Limited Announces Receipt of funds for repayment of US$51.9m loan
12/12/2024 - Fenikso Limited, the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments ("LOGI") Loan entered in to on 31 December 2022 as part of the Fenikso restruc...
AFRIGREEN Signs of a USD 15 million debt facility with WATT RENEWABLE CORPORATION
12/11/2024 - AFRIGREEN Debt Impact Fund (“AFRIGREEN”), a leading investment fund focused on sustainable energy solutions and backed by prominent institutions including the European Investment Bank (EIB), the Inter...
Africa Oil Announces Results of Share Buyback Program
11/25/2024 - Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to announce that the Company repurchased a total of 606,900 Africa Oil common shares during the period of November 18, 2024 to November 22,...
Seplat Energy Announces Currency Exchange Rates for Q3 2024 & Interim Dividend
11/12/2024 - Seplat Energy PLC ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today confirms that the below curre...
Africa Oil Corporation - Nigerian Regulator Clears Prime Consolidation
10/30/2024 - Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce that the Nigerian Upstream Petroleum Regulatory Commission (“NUPRC”) has given clearance for the amalgamation of Africa O...
Seplat Energy Announces Corporate Actions
10/29/2024 - Seplat Energy Plc ("Seplat" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, today announces an interim dividend...
Fenikso Limited Announces Receipt of funds for repayment of US$51.9m loan
10/28/2024 - Fenikso Limited the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments ("LOGI") Loan entered in to on 31 December 2022 as part of the Fenikso restruct...
Fenikso Limited Announces Share Buyback Programme
10/28/2024 - Fenikso Limited, the Cayman Islands enterprise company, announces that further to the authorisation granted by shareholders at the Annual General Meeting of the Company held on 14 August 2024 ("AGM"),...
Fenikso Limited Announces Transaction In Own Shares
10/28/2024 - Fenikso Limited announces that, pursuant to the share buyback programme (the "Programme") announced on 28th October 2024, it acquired the following number of ordinary shares of US$0.00005 each ("Ordin...
FG Introduces New Fiscal Incentives to Boost Nigeria’s Oil And Gas Sector
10/2/2024 - In its avowed determination towards ensuring a boost in the nation’s upstream and downstream sector, the Federal Government has introduced groundbreaking concessions aimed at revitalizing the industry...
DFC Commits More Than $12B in Fiscal Year 2024 to Address Foreign Policy and Development Priorities
10/2/2024 - With more than $12 billion committed to new projects in Fiscal Year 2024 (FY24), the U.S. International Development Finance Corporation continues to increase its commitments year over year to address ...
Seplat Energy Announces Notification of Dealing in Shares by a PDMR
9/27/2024 - The Company was notified of the purchase of 22,571 ordinary shares by Tierce Investments Ltd, a company wholly owned by Mr. Udoma Udo Udoma, the Chairman of the Board of Directors of the Company.
Fenikso Limited Announces Receipt of funds for repayment of US$51.9m loan
9/24/2024 - Fenikso Limited, the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments ("LOGI") Loan entered in to on 31 December 2022 as part of the Fenikso restruc...
Africa Oil to Hold Special Shareholder Meeting on October 15, 2024
9/17/2024 - Africa Oil Corp. (“Africa Oil” or the “Company”) announces a special meeting (the “Meeting”) of the holders (the “Shareholders”) of common shares of Africa Oil. The meeting will be held:

Da...
Fenikso Limited Announces Receipt of funds for repayment of US$51.9m loan
8/15/2024 - Fenikso Limited, the Cayman Islands enterprise company, announces the receipt of funds under the Lekoil & Gas Investments ("LOGI") Loan entered in to on 31 December 2022 as part of the Fenikso restruc...

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