Corporate deals

NIPCO Plc has made a total dividend payout of N563 million.

EFG Hermes has entered into a definitive SPA to acquire 100% of Primera Africa.

Nigerian Aviation Handling Company (NAHCO) Aviance sent a notice to the Nigerian Stock Exchange (NSE) today, informing it and the investing community of a change...

Pinnacle Oil and Gas may take up a stake in Capital Oil Plc through a private placement.

Sirius Minerals announced it had signed a 7-year distribution deal with (ITL.

The firm has reportedly acquired the stake held by Helios another private equity firm.

Nigeria Mortgage Refinance Company (NMRC) has announced the completion of an N11 billion 13.8 percent Series 2 Bond Issuance under its N440 billion Medium...

Ibeto Cement Company Limited has reportedly executed a Milost Equity Subscription Agreement (MESA) with Milost Global Inc. The binding agreement for a $850 million...

Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc, has commenced its Chevron logistics support contract by taking the first official flights to...

Alluvialtrade, Indian conglomerate Tata and heavy equipment giant John Deere have signed a partnership agreement. The company disclosed recently in a press release. Tata...

TomTom, a product from the staples of Cadbury Nigeria PLC and the Nigerian Football Federation has signed a new three-year agreement that will make...

Reports by Bloomberg suggest Milost Global will invest $1 billion in tier two lender Unity Bank. The firm had in February disclosed that it...

In a notice sent to the Nigerian Stock Exchange (NSE), Resort Savings and Loans announced a financing agreement with Milost Global, a private equity firm. As...

Kwese TV, the satellite and broadcasting network owned by Econet Media has taken a stake in Iflix Africa. The company disclosed this in a...

Japaul Oil and Maritime Services Plc have signed a $350 million financing agreement with Milost Global Incorporated. The financing was arranged and negotiated by...

Zinox Group, popularly known for its Information Communication Technology innovative solutions has acquired Konga, one of the largest e-Commerce sites in Nigeria. The news...

Nigerian Breweries Plc and the Nigeria Football Federation have announced a 5 year sponsorship deal. The Federation made this known in a notice on...

In a bid to double its crude output Shoreline Group has agreed a $530 million finance deal with Vitol Group and local lenders. Shoreline will...

Wapic Insurance has signed a Memorandum of Understanding (MOU) with the Nigeria Football Federation (NFF). The company revealed this in a notice to the...

During a signing ceremony in Lagos on Tuesday, January 16, the Dangote Group of Companies and Mammoet signed the contract for this ambitious project....

Milost Global Incorporated in conjunction with, Isilo Capital Partners (its African subsidiary) has acquired the entire stake in Primewaterview Holdings Nigeria Limited, at $1...

Fidelity Bank Plc has announced the launch of  a ground-breaking innovation in the collection of Internally Generated Revenue (IGR). The Bank said that in conjunction...

MTN Group, Africa’s biggest GSM operator, said it had assigned a $231 million shareholder loan to tower group, IHS Holding Ltd, impacting on its...

GSM operator, Globacom could be the new owner of 9Mobile if reports by Newtelegraph are anything to go by. Results of the bidding process...

Nigeria focused oil exploration firm Eland has announced the restructuring of a loan it had obtained from Standard Chartered bank. Details of the loan restructuring The...

Resort Savings and Loans seems to have put its turbulent times behind it, as it has secured a new investor that intends investing N8...

Savannah Petroleum PLC has completed a $125m fund-raise to help fund its proposed acquisition in Nigeria, drilling campaign in Nigeria and for general corporate purposes. The...

The Nigerian Sovereign Investment Authority (NSIA) has announced the investment of $5 million in the Chapelhill Denham Infrastructure Fund. Chief Executive Officer/Managing Director of...

Primewaterview, a Nigerian based Real Estate development & Investment company, yesterday announced that it has received $5 million from a $2-billion financing facility previously...

Nigeria's most capitalised company on the stock exchange, Dangote Cement recorded a sale of about 550 million shares at a price of N227.5. The...