Corporate deals

Maurel & Prom has said that it would reabsorb its former Nigerian unit MPI. This will come as a first...

Schlumberger Ltd, the world’s notable oilfield services company, said it will acquire oilfield equipment maker Cameron International Corp, in a...

Accenture said it had entered into an agreement to acquire Schlumberger Business Consulting, the management consulting unit of Schlumberger, a...

The Nigerian affiliate of Etisalat has completed the transfer of 555 telecom towers to Africa’s IHS, the second tranche of...

Transcorp Nigeria Plc has announced that it has obtained SEC approval-in-principle to merge Transcorp Ughelli Power Ltd (TUPL) and Ughelli...

First City Monument Bank, FCMB Ltd and Acugas Ltd have entered into a financing agreement that will see the bank...

FBN Capital Limited announced it has facilitated the closing of a Syndicated Medium Term Facility of about $445 million with...

The Aba Integrated Power Project (Aba IPP), scheduled for commissioning in November, has entered into a new Transaction Implementation Agreement...

Private equity group Abraaj has bought a majority stake in Mouka, a Nigerian mattress manufacturer, and plans to expand the...

U.S. oil company Chevron Corp said on Thursday it has completed the sale of its 40 percent stake in two...