Skip to content
Business

RMB Closes $285m Axxela Deal in Nigeria's Gas Sector

BusinessDay·
RMB Closes $285m Axxela Deal in Nigeria's Gas Sector

RMB has finalized a $285 million deal with Axxela in Nigeria, highlighting the country's strategic move towards gas investments. This transaction underscores the growing importance of the oil and gas sector in Nigeria's economy.

Axxela, a leading gas and power portfolio company, is set to benefit from this significant investment, which aligns with Nigeria's focus on expanding its gas infrastructure to drive economic growth and energy security.

Plus234Feed summary based on reporting from BusinessDay.

Read the original

Continue on BusinessDay

Read on BusinessDay
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email a week · unsubscribe in one click