Shell Nigeria Exploration and Production Company (SNEPCo) has signed a definitive agreement to acquire a 12.5% participating interest in Oil Mining Lease (OML) 118 from TotalEnergies...
Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has secured final approval from Kenya’s key financial authorities to acquire 100 percent ownership of the...
Diageo Plc has completed the sale of its entire 54.4 percent stake in Seychelles Breweries Limited to Phoenix Beverages Limited for approximately $80 million as part...
The Senate has raised concerns over the proposed divestment of Lafarge Africa Plc by its majority shareholder, Holcim AG, to Huaxin Cement Co., a Chinese cement...
Former U.S. President Donald Trump has indicated he may consider lowering tariffs on Chinese imports as part of efforts to secure a deal for the sale...
PepsiCo has strengthened its foothold in the functional beverage sector with the acquisition of Poppi in a deal valued at $1.95 billion. Announced on Monday, the...
Negotiations for the $60 billion merger between Japan’s Nissan Motor Co. and Honda Motor Co. collapsed on Thursday following disagreements over control. Despite the breakdown, both...
The House of Representatives has called on the Federal Government to suspend all divestment applications by International Oil Companies (IOCs), including Shell and TotalEnergies, until they...
Diageo Plc has agreed to sell its 80.4% stake in Guinness Ghana Breweries Ltd. to Castel Group. The deal was priced at 5.15 cedis per share...
Microsoft Corp. is in discussions to acquire the U.S arm of ByteDance Ltd.’s popular video-sharing app TikTok, Donald Trump confirmed Monday night. The revelation comes amid...
