BlackRock Inc. has finalized a colossal $12.5 billion acquisition of Adebayo Ogunlesi’s Global Infrastructure Partners (GIP). The deal positions BlackRock, already the world’s largest money manager,...
In a strategic move to strengthen its position in the emerging market of Côte d’Ivoire, Coris Group has finalized an agreement to acquire Standard Chartered’s Consumer...
Nigeria’s blockchain payments platform Bitmama Inc. has successfully acquired Payday, a virtual card service provider. The acquisition, facilitated through Bitmama’s cross-border payments product, Changera, signals a...
Jonathan Oppenheimer, scion of South African billionaire Nicky Oppenheimer, has secured full ownership of Nigeria’s largest beverage can manufacturer, GZ Industries Ltd. Oppenheimer Partners Ltd. concluded...
Norwegian energy company Equinor has successfully finalized the sale of its 20.21 per cent stake in Chevron’s Agbami oil field. The transaction, including Equinor’s 53.85 per...
Shareholders of Flour Mills of Nigeria have given their approval for the separation of the BAGCO business into a 100% owned subsidiary during the company’s Annual...
The United Bank for Africa (UBA) Plc has seized the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt, and Kano, following a...
LSEG (London Stock Exchange Group) today released the third quarter 2023 investment banking analysis for the Sub-Saharan African. INVESTMENT BANKING FEES An estimated US$423.6 million worth of investment banking fees...
Safaricom PLC proudly declared the official finalization of its acquisition of M-PESA Holdings Co. Limited from Vodacom International Holdings BV. The strategic acquisition, initiated on April...
Exxon Mobil Corp. is on the cusp of acquiring Pioneer Natural Resources Co., edging closer to its most substantial takeover in over two decades. According to...
