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...
Mars Inc. has announced its acquisition of Kellanova, the maker of popular brands such as Cheez-It, Pringles, and Pop-Tarts, for an estimated $36 billion. The deal,...
We are pleased to announce that the Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc,...
Oando PLC, Nigeria’s foremost indigenous energy solutions provider, has announced that the Nigerian Government has approved its acquisition of 100% of the shares of Nigerian Agip...
Global Credit Rating Company Limited (GCR) is pleased to announce that Moody’s Corporation (NYSE: MCO) has increased its stake in GCR to 100%, following a 51%...
Oando PLC has completed the acquisition of 100% of the shares of Nigerian Agip Oil Company Limited (NAOC Ltd). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
The Nigerian National Petroleum Corporation (NNPC) has withdrawn its legal challenge against Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc....
Access Bank Plc has taken a significant stride in expanding its presence in East Africa through the acquisition of a majority equity stake in African Banking...
Tolaram Group has acquired a 58.02% stake in Guinness Nigeria from Diageo Plc. for ₦81.60 per share, representing approximately a 60% premium over Guinness Nigeria’s closing...