Axxela Limited, a sub-Saharan African gas and power company, has announced the completion of its N15bn Series 1 Bond Issuance, raising an additional N1.4bn in oversubscription.
Axxela’s Chief Executive Officer, Bolaji Osunsanya, said the bond, issued under the company’s newly established N50b
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Faith Esifiho
Faith Esifiho is an Energy correspondent at BusinessDay, covering Nigeria's electricity sector, oil and gas industry, and energy policy.
She reports on power outages, electricity tariffs, gas sector reforms, and the broader challenges facing the country's energy transition.
She specializes in data-led reporting and human-angle stories that examine how energy policies affect everyday Nigerians and also tracks trends in the power sector, analyses regulatory changes, and investigates the impact of subsidy reforms and pricing policies.
