The Federal Government has approved the purchase of Shell Plc’s onshore assets in Nigeria to a group of local companies for $1.3 billion. Nigeria, Africa’s largest...
Access Bank, the banking subsidiary of Access Holdings, has entered into a binding agreement with South Africa-based Bidvest Group Limited to acquire a 100% equity stake...
A Norwegian oil and gas company, Equinor (EQNR.OL) has finally exited Nigeria after selling its assets. According to reports, the company concluded the sale of its...
Access Holdings Plc has continued its expansion plans with the acquisition of a majority equity stake in Afrasia Bank Limited, the Republic of Mauritius’ fourth-largest bank...
The Flour Mills of Nigeria Plc (FMN) has perfected plans to buy out minority shareholders to focus on strengthening its position as the future of African...
FBN Holdings has sought to clarify the recent divestment from its Merchant Banking business. According to the lender, all its businesses and entities apart from the...
Aradel Holdings Plc, an indigenous energy company, has announced the successful acquisition of a 100 percent interest in the Olo and Olo West marginal fields, located...
Thomas Etuh, founder of Tak Agro, and Theophilus Danjuma’s TY Holdings have successfully acquired Notore Chemical Industries Plc for $150 million. The acquisition, which includes 60...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected Shell International Plc’s $1.3 billion bid to sell its onshore assets to the Renaissance Consortium. This decision,...
Former Vice President Atiku Abubakar has raised concerns over what he described as preferential treatment granted to Oando Plc in its acquisition of the onshore assets...
