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Tag "Acquisition"

Acquisition: Flour Mill positioned to deepen backward integration, boost employment

    Acquisition: Flour Mill positioned to deepen backward integration, boost employment

BY MONSURU TOLANI Decades before Nigeria first discovered oil in the Oloibiri area of modern-day Bayelsa state in 1956, agriculture had been the cornerstone of Nigeria’s economy. By the time

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Seplat acquires Mobil Producing Oil assets from ExxonMobil for $1.3bn (updated)

    Seplat acquires Mobil Producing Oil assets from ExxonMobil for $1.3bn (updated)

Seplat Energy Plc says it has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, Delaware (ExxonMobil).  The company

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Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021

    Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021

Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited (‘BancABC Botswana’). The bank announced this in a statement

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FG mulls central monitoring system for gaming industry

    FG mulls central monitoring system for gaming industry

The federal government has announced plans to acquire a central monitoring system (CMS) to help boost better performance and enhance revenue generation for Nigeria’s gaming industry. George Akume, minister of

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Aig-Imoukhuede: Nigeria needs bigger insurance, asset mgt companies

  Aig-Imoukhuede: Nigeria needs bigger insurance, asset mgt companies

Aigboje Aig-Imoukhuede, former group managing director of Access Bank and founder of Africa Initiative for Governance (AIG), says Nigeria’s financial

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CBN said Herbert and I were too young to buy Access Bank, Aig reveals in new book

  CBN said Herbert and I were too young to buy Access Bank, Aig reveals in new book

Aigboje Aig-Imoukhuede, former group managing director of Access Bank, says officials of the Central Bank of Nigeria (CBN) delayed the

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Ardova Plc moves to acquire Enyo retail outlets

  Ardova Plc moves to acquire Enyo retail outlets

Ardova Plc (AP), a Nigerian integrated energy company, says it has entered discussions with the shareholders of Enyo Retail and

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Access Bank in talks to buy Atlas Mara assets

  Access Bank in talks to buy Atlas Mara assets

Access Bank, Nigeria’s biggest bank by customer base, is in talks to acquire some assets belonging to Atlas Mara Limited,

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NESBITT acquires Peugeot Nigeria, to inject $150m in next three years

  NESBITT acquires Peugeot Nigeria, to inject $150m in next three years

NESBITT Investment Nigeria has acquired Peugeot Automobile Nigeria (PAN) and plans to inject $150 million in the next three years

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Stripe acquires Paystack in ‘$200m deal’, expands operations into Africa

  Stripe acquires Paystack in ‘$200m deal’, expands operations into Africa

Stripe, a United States fintech company, has completed the acquisition of Paystack, Nigerian online payment startup. According to TechCrunch, the

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