Chinese Ambassador to Nigeria, Zhou Pinjiang, has said that Chinese imports from Nigeria last year increased by more than 70%.

Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance in finance and governance. Governor Babajide Sanwo-Olu on Wednesday, signed documents for the issuance of N100.33 billion bond, which the State raised from capital market to fund infrastructure and pressing capital projects.

The energy sector attracted $370.45 million within the period under review. Major investors in the sector include Daystar Power, Arnergy, Virtus and Green Energy International Ltd. Funds raised in the sector were majorly series funding and equity.

The construction of the Ibadan-Kano railway will commence early in 2020 according to the Minister of Transportation, Chibuike Amaechi who was on an inspection tour of the project.

Aruwa Capital Management has launched a $20m West-Africa focused Private Equity co-investment vehicle, which is focused on closing the gender equality gap, and has completed its first investment, in Wemy Industries, Nigeria’s first and only indigenous personal hygiene company.

Africa Finance Corporation (AFC), Africa's investment grade infrastructure solutions provider, has announced the close of general syndication of a minimum $150m dual currency Samurai Term Loan Facility with MUFG Bank and Sumitomo Mitsui Banking Corporation (SMBC), acting as Mandated Lead Arranger and Bookrunner.

This is the final call to to hydropower stakeholders from all over the globe to review and provide perspectives on their draft Hydropower Criteria for Climate Bonds.

Nigerian Telecommunications provider, Airtel, announced on Wednesday, 24 July 2019, the introduction of two new 4G Smartphones — the Airtel Diva and Airtel Top Notch. These devices come on the heels of Airtels commitment to accelerate mobile Internet uptake as well as enrich the data experience of telecoms consumers across the country.

Amsterdam and Nairobi-based health e-payments firm CarePay is expanding to Nigeria following a three-year run in Kenya that generated Sh700 million from four million members enrolled onto its Safaricom-backed M-Tiba platform.

OPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding.