Heirs Energies, owned by Tony Elumelu, has purchased a 20 percent stake in Seplat Energy Plc as Elumelu further diversifies his holdings. The acquisition involves the...
Billionaire investor Femi Otedola has divested his indirect controlling interest in Geregu Power Plc following a restructuring of the company’s majority shareholder, Amperion Power Distribution Company Limited....
Presco Plc has announced the acquisition of 10,000 hectares across the Nsadop and Boki plantations in Cross River State. In a statement issued on December 18,...
Premier Paints Plc has disclosed that its majority shareholders, Clover Global Resources Limited and TGHL Capital Limited, are in discussions to divest their combined controlling stake...
First HoldCo Plc has notified the Nigerian Exchange Limited (NGX) and the investing public that it has completed the divestment of its entire 100% stake in...
Zenith Bank Plc has issued a formal clarification to the Nigerian Exchange Limited (NGX), shareholders, and the investing public, dismissing recent media reports claiming the Bank...
TotalEnergies announced on Monday that it has entered into an agreement to acquire a 50% stake in the flexible power generation platform of Energetický a průmyslový...
Standard Bank Group Ltd., Africa’s largest lender by assets, is pursuing one of its most significant expansion moves in recent years through a potential acquisition of...
ByteDance Ltd., the Chinese parent company of TikTok, is expected to retain as much as half of the profits generated from the platform’s U.S. operations even...
President Donald Trump has advanced a plan for American investors to acquire TikTok’s U.S. operations at a valuation of about $14 billion, a figure that falls...
