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...
Dangote Industries Limited has unveiled plans for a merger that will give rise to a formidable entity known as Dangote Foods Plc. This colossal conglomerate is...
Italian energy giant Eni has unveiled its plan to sell its exploration and production subsidiary, Nigerian Agip Oil Co. (NAOC), to indigenous energy solutions provider, Oando...
The subsidiaries to be acquired by Access Bank include those in Angola, Cameroon, Gambia, and Sierra Leone, along with Standard Chartered's consumer, private, and business banking...
Visa's $1 Billion Acquisition of Pismo Signals Fintech Expansion into Latin America