acquisition

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    Seplat Energy Publishes Prospectus for Acquisition of Mobil Producing Nigeria Unlimited (MPNU)

    Seplat Energy Publishes Prospectus for Acquisition of Mobil Producing Nigeria Unlimited (MPNU) Key Announcement On 9 December 2024, Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange and the London Stock Exchange, announced the publication of its...
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    PRUDENTIAL TO ACQUIRE FULL OWNERSHIP OF ZENITH LIFE INSURANCE, EXPANDING AFRICAN PRESENCE

    PRUDENTIAL TO ACQUIRE FULL OWNERSHIP OF ZENITH LIFE INSURANCE, EXPANDING AFRICAN PRESENCE Detailed Breakdown: Prudential Plc has announced plans to acquire full ownership of Prudential Zenith Life Insurance Limited, finalizing its takeover of the Nigerian insurance firm. The acquisition will...
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    TINUBU HAS NO INTEREST IN OVH ACQUISITION- NNPC

    TINUBU HAS NO INTEREST IN OVH ACQUISITION- NNPC Key Points: 1. Accusation by Atiku: - Atiku Abubakar, the former Vice President, accused corporate groups close to President Bola Tinubu of taking control of the Nigerian National Petroleum Company (NNPC). - He claimed that Wale Tinubu, the...
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    OLD MUTUAL REBRANDS TO emPLE

    OLD MUTUAL REBRANDS TO emPLE 1. Rebranding Announcement: - Old Mutual Nigeria Life Assurance Company Limited and Old Mutual General Insurance Company Nigeria Limited have officially rebranded to emPLE Life Assurance Limited and emPLE General Insurance Limited. - This change follows...
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    ENI GETS APPROVAL TO SELL AGIP TO OANDO

    ENI GETS APPROVAL TO SELL AGIP TO OANDO - Approval Received: Eni has obtained approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to sell its subsidiary, Nigerian Agip Oil Company (NAOC), to Oando PLC. - Transaction Details: The sale includes NAOC’s focus on onshore oil...
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    ZEDCREST ACQUIRES RMB NIGERIA STOCKBROKERS

    Financial solutions firm Zedcrest announced on Wednesday the complete acquisition of RMB Nigeria Stockbrokers. This move aligns with Zedcrest’s strategy to expand its service offerings and market presence. The acquisition brings RMB Nigeria Stockbrokers' expertise in stockbroking to complement...
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    NUPRC ANNOUNCES THE COMPLETION OF OANDO, NIGERIA AGIP OIL COMPANY ACQUISITION DEAL

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Oando PLC has finalized the acquisition of 100% of Nigerian Agip Oil Company Limited (NAOC Ltd) shares from ENI. NUPRC Chief Executive, Engineer Gbenga Komolafe, announced this at the ongoing Oil and Gas Energy Week...
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    AFREXIMBANK PROVIDES FIDELITY BANK WITH $40 MILLION FOR THE ACQUISITION OF UNION BANK UK:

    AFREXIMBANK PROVIDES FIDELITY BANK WITH $40 MILLION FOR THE ACQUISITION OF UNION BANK UK: 1. Transaction Details: - The African Export-Import Bank (Afreximbank) has disbursed $40 million to Fidelity Bank Plc. - The funds are designated for Fidelity Bank's acquisition and recapitalization...
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