Vaaris has entered into a sale and purchase agreement to acquire a 10 percent non-operated participating interest held by TotalEnergies EP Nigeria in the Renaissance Joint...
Eterna Plc has secured regulatory approval to proceed with a Rights Issue of 978,108,485 ordinary shares of 50 kobo each at an offer price of ₦22.00...
Seplat Energy Plc has appointed Canaccord Genuity Limited and Peel Hunt Limited as its Joint Corporate Brokers, reinforcing the company’s engagement with international capital markets. The...
Seplat Energy Plc has disclosed the detailed structure behind the acquisition that delivered a 20.07 per cent equity stake to companies linked to Tony Elumelu following the...
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...
Recent disclosures by Geregu Power Plc have triggered widespread debate among investors over whether billionaire Femi Otedola sold his shares in the company. A closer examination...
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....
Nigeria’s state oil company, NNPC Ltd, is now operating as a commercially driven entity without reliance on federal budgetary allocations, as oil and gas production levels...
Seplat Energy Plc has completed the conversion of its operated onshore assets to Nigeria’s Petroleum Industry Act fiscal framework, formally replacing the Petroleum Profit Tax regime....
Moneda Invest, a leading pan-African alternative credit provider, has marked its 10th anniversary with the launch of “Africa Funds Africa” (AFA), a bold initiative aimed at...