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NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration 

Finally, NNPC proceeds with Train 7 project

The Train 7 project, which has been delayed for over 10 years, aims to increase the company’s production capacity from 22 metric tonnes per annum to about 30 MTPA, and will form part of the investment of over $10billion, including the upstream scope of the LNG value chain.

 Nigeria’s IHS Towers acquires Brazil’s Cell Site Solutions from Goldman Sachs 

IHS Holdings Limited announced yesterday that it had signed an agreement to acquire Cell Site Solutions, otherwise known as CSS. The acquisition guarantees HIS Holdings' 100% ownership in the Brazilian infrastructure solutions provider, which has its headquarters in São Paulo.
11 Plc formerly Mobil, Meristem, 11 Plc to boost revenue with acquisition of Lagos Continental Hotel 

11 Plc to boost revenue with Lagos Continental Hotel’s acquisition

Oil firm, 11 Plc, formerly known as Mobil Oil Nigeria Plc, has increased its real estate portfolio as it finalised talks to acquire Lagos Continental Hotel. The company made the announcement after discussion on the property with the Asset Management Company of Nigeria (AMCON) was concluded. #11plc #AMCON
May & Baker Nigeria, has signed a partnership agreement with French pharmaceutical giant, Sanofi.

May & Baker signs deal to produce, sell Sanofi’s products in Nigeria, others

Pharmaceutical company, May & Baker Nigeria, has signed a partnership agreement with French pharmaceutical giant, Sanofi. #MAY&BAKER #SANOFI

Deal: Nigeria’s Renewable Startup, Rensource raises $20 million

Nigeria's renewable startup Rensource, announced today that it has raised a whopping $20 million in Series A equity round

Sifax acquires $20 million German mobile harbour cranes

Sifax Ports and Cargo Handling Services Limited has acquired over $20 million worth of mobile harbour cranes and other equipment.

SAHCO, Arik Air renew contract to boost services 

Skyway Aviation Handling Company Public Liability Company (SAHCO) has renewed its contract deal with Arik Air.
Seplat, stakeholders call for collaboration on Customer Protection Act 

Court sanctions Seplat’s acquisition of Eland Oil and Gas 

The latest development concerning Seplat’s acquisition of Eland Oil & Gas is that a Court has sanctioned the scheme of arrangement.
Continental Reinsurance Plc, Continental Reinsurance, Here’s why Continental Reinsurance is no longer public limited liability company 

Continental Reinsurance Plc suspended from trading shares on NSE 

Trading in the shares of Continental Reinsurance Plc has been suspended effective Thursday, 28 November 2019. 
Louis Vuitton acquires American jeweller, Tiffany for $16 billion 

Louis Vuitton acquires American jeweller, Tiffany for $16 billion 

LVMH Moët Hennessy has bought the American jeweller known for its engagement rings and white diamond necklaces, Tiffany & Co for $16.2 billion.
PayPal acquires shopping browser extension company for $4 billion

PayPal acquires shopping browser extension company for $4 billion

Paypal is acquiring a browser extension company, Honey Science Corporation for a whopping $4 billion.
Seven Energy Group sells assets, as British petroleum firm completes acquisition   

Seven Energy Group sells assets, as British oil firm completes acquisition   

The Seven Energy Group has just completed the sale of its assets in an acquisition, by a British firm, Savannah Petroleum Plc.
Cash and carry: OLX Group becomes largest shareholder in Cars45's parent company, FCG 

OLX Group becomes largest shareholder in Cars45’s parent company, FCG

Berlin-based startup, Frontier Car Group (FCG) has secured $400 million from OLX Group.
Verve, DEAL: Visa to acquire 20% stake in Interswitch, valuing it at $1 billion 

DEAL: Visa to acquire 20% stake in Interswitch, valuing it at $1 billion 

Visa is thought to be paying $200 million, valuing Interswitch at about N1 trillion. Helios bought 52 percent of Interswitch for $96 million in Dec. 2010. 
Total Nigeria records loss for the first nine months of 2019 , Here’s why Total is selling its 12.5% stake in Nigerian oil block 

Here’s why Total is selling its 12.5% stake in Nigerian oil block 

Total Group is looking for buyers for one of its major oil blocks in Nigeria. 
Dangote Sugar Refinery to merge with Savannah Sugar, Dangote was $4.3 billion richer in 2019

Dangote Sugar Refinery to merge with Savannah Sugar 

Dangote Sugar Refinery to merge with Savannah Sugar 
Critics blame FG as Vitol quits oil fields acquisition, Further oil production cut required to keep oil price above $40 in 2020 

Critics blame FG as Vitol quits oil fields acquisition

Delay on the part of the Nigerian government has forced Vitol to pull out of an acquisition talk involving two Nigerian oil fields.
Interswitch expands operations, acquires majority stake in eClat Healthcare 

Interswitch expands operations, acquires majority stake in eClat Healthcare 

Interswitch Group announced yesterday via LinkedIn that it had acquired majority stakeholding in eClat Healthcare Limited.
Transcorp, Quest lead Afam Genco, Yola Disco bids 

Transcorp, Quest lead Afam Genco, Yola Disco bids 

Transcorp Power Consortium and Quest Electricity Nigeria have won bid prices for the Afam Electricity Generation Company at N105.3 billion
Seplat Petroleum

UPDATE: Seplat Petroleum acquires Eland Oil & Gas

Seplat Petroleum Development Plc has just announced that it will be acquiring Eland Oil & Gas, following agreements by the companies' boards of directors.
uber dara

Uber is acquiring a grocery delivery startup  

Uber has announced that it will be acquiring a grocery delivery startup, Cornershop. The company made it known that it is expecting its acquisition of a majority ownership stake in Cornershop in early 2020.
stock, shares, Equity Market down by 0.6% on Monday, Quoted Companies post N4.2 trillion combined profits since 2015, Stockbrokers in Lagos are shifting focus to commodities as stocks underperform, Stock Market gains N204 billion, as effects of OMO restriction kicks in , Penalties: NSE makes over N143.6 million from banks, real sector in 2019 , These companies could soon be delisted from the Nigerian Stock Exchange , C&I Leasing, Oando, UBA, two others top gainers chart on Wednesday 

Top 10 Stockbroking firms on the NSE in Q3 2019 

The top ten (10) stockbroking firms on NSE recorded the largest values and volumes of stocks traded in the last three month.
Cutix

Cutix announces plan to acquire delisted Adswitch 

Cutix Plc has announced plans to acquire Adswitch, a related electrical switchgears company that was delisted on the Nigerian Stock Exchange (NSE) about 3 years ago. 
NAICOM

Verod Capital acquires Metropolitan Life Insurance

South African company, Momentum Metropolitan Holdings, has exited the Nigerian market by selling off its subsidiary in Nigeria as the National Insurance Commission (NAICOM)
pinnacle

American firm seals partnership deal with Pinnacle communications 

American electronics manufacturing firm, GatesAir has concluded its partnership deal with a Nigerian company, Pinnacle Communications to penetrate the Nigerian digital TV market. 
KUDA

A digital bank just secured $1.6 million seed funding

Kuda, a FinTech modelled after the operations of a digital bank has just raised the sum of $1.6 million for the purpose of deepening its inclusion and maintaining the operation of its virtual branches
Africa Development Bank. AfDB develops Index to aid women empowerment , African Development Bank awards $1.1 million to boost food production in Africa , AFDB increases capital to $208 billion in bid to secure Africa’s future , African Investment Forum: AfDB eye $67 billion deals , ECOWAS backs Adewunmi Adesina’s re-election as AfDB election nears 

AfDB, AFAP in a $5.4 million deal to boost fertilizer value chain

In order to boost fertilizer value chain in Nigeria and Tanzania, the AfDB and AFAP, have both inked a deal valued at $5.4 million.
Lafarge Africa sell Lafarge South Africa Holdings, Lafarge Holcim acquires Lafarge South Africa Holdings, Lafarge financial statement, Lafarge Africa Plc rights issue

Lafarge finalises sale of South African subsidiary

@Lafarge_Africa has concluded the transaction for the divestment of Lafarge South Africa Holdings. The decision to offload the South African subsidiary was approved last month by shareholders.
NNPC

NNPC secures $3.15 billion OML financing to boost oil production

the Nigerian National Petroleum Corporation (@NNPCgroup) has secured a $3.15 billion Financial and Technical Services deal from Sterling Oil Exploration and Energy Production Company Limited (SEEPCO).
virtus, Sterling Bank announces an appointment

Virtus secures N446 million from Sterling Bank

Virtus (@rensourceenergy) secures N446 million from Sterling Bank