The Nigerian Ports Authority secured a £746 million export credit facility arranged by Citibank and guaranteed by UK Export Finance
Maritime, Shipping
Project Finance
$1B(£746M)
Nigeria, Africa UK
2026
The Nigerian Ports Authority secured a £746 million export credit facility arranged by Citibank and guaranteed by UK Export Finance (UKEF) to fund the rehabilitation and modernization of the Lagos Port Complex and Tin Can Island Port Complex.
The transaction is one of the largest export credit agency-backed financings in West Africa.
Advisory Team:
Aluko & Oyebode (Citibank and UKEF)
Kofo Dosekun
Oludare Senbore
Funmilayo Otsemobor
Elijah Joseph
Esther Yugbovwre
Njideka Okafor
Kabir Bakare
Templars (Nigerian Ports Authority NPA)
Dupe Dabiri
Olaotan Oyekan
Frances Ehigiamusor
Ruqayyatu Modibbo
Nmesoma Obi