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.
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.
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
Pharmaceutical company, May & Baker Nigeria, has signed a partnership agreement with French pharmaceutical giant, Sanofi. #MAY&BAKER #SANOFI
Nigeria's renewable startup Rensource, announced today that it has raised a whopping $20 million in Series A equity round
Sifax Ports and Cargo Handling Services Limited has acquired over $20 million worth of mobile harbour cranes and other equipment.
The latest development concerning Seplat’s acquisition of Eland Oil & Gas is that a Court has sanctioned the scheme of arrangement.
Trading in the shares of Continental Reinsurance Plc has been suspended effective Thursday, 28 November 2019.
LVMH Moët Hennessy has bought the American jeweller known for its engagement rings and white diamond necklaces, Tiffany & Co for $16.2 billion.
Paypal is acquiring a browser extension company, Honey Science Corporation for a whopping $4 billion.
The Seven Energy Group has just completed the sale of its assets in an acquisition, by a British firm, Savannah Petroleum Plc.
Berlin-based startup, Frontier Car Group (FCG) has secured $400 million from OLX Group.
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 Group is looking for buyers for one of its major oil blocks in Nigeria.
Dangote Sugar Refinery to merge with Savannah Sugar
Delay on the part of the Nigerian government has forced Vitol to pull out of an acquisition talk involving two Nigerian oil fields.
Interswitch Group announced yesterday via LinkedIn that it had acquired majority stakeholding in eClat Healthcare Limited.
South African company, Momentum Metropolitan Holdings, has exited the Nigerian market by selling off its subsidiary in Nigeria as the National Insurance Commission (NAICOM)
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 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
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 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.
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).