Country
Nigeria
Sector
Infrastructure
Intelligence Type
Capital
Status / Stage
Financial Close
Estimated Value
USD 747000000
Confidence
Highly Confirmed
Latest Development
Capital Details
Capital TypeLoan
DateJuly 2025
Investor / FinancierDeutsche Bank (Global Coordinator, Initial Mandated Lead Arranger, Bookrunner) and syndicate of regional/international financiers
Recipient / BorrowerFederal Government of Nigeria
Purpose of CapitalFinancing Phase 1, Section 1 of the Lagos-Calabar Coastal Highway (Victoria Island to Eleko Village)
Financing StructureSyndicated loan
Market Significance
Nigeria's Ministry of Finance described this as the largest syndicated road infrastructure loan in Nigeria's history.
Commercial Opportunity Intelligence
Commercial ReadinessVery Early
Connected Intelligence
Source & Verification Trail
Last VerifiedJuly 2025
Source(s)AllAfrica
Source DateJuly 2025