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Kupanda Holdings, Mavin Records, Don Jazzy, Music Label, Equity

Mavin Records secures multimillion-dollar equity investment

Mavin Records, Africa’s industry-leading music label, announces its multimillion-dollar equity investment partnership with Kupanda Holdings.

Pinnacle Oil and Gas to take up stake in Capital Oil

Pinnacle Oil and Gas may take up a stake in Capital Oil Plc through a private placement.
Caverton Group financial report, Nigerian Stock Exchange financials

Caverton confirms mega Chevron contract has taken off

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

Zinox Technologies acquires Konga: Sim Shagaya sends well wishes

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...

MTN’s proposed acquisition of Multichoice Africa is deal and a half

Even though both parties are yet to issue a formal statement, sources close to South Africa based MTN communications have confirmed that discussions between...

Analysis: TA Associates Acquisition Of A Stake In Interswitch

Nairametrics | The internet revolution in Nigeria has been a massive catalyst for the economic development of Nigeria. It gave rise to an online...
Helios Investment Partners acquires Axxela Limited, Helios Investment acquires Oando stake, Helios acquisition of Axxela

DEAL: Helios Completes Purchases of 49% Stake In Oando Gas and Power Limited

Nairametricsǀ Helios Investment Partners LLP, a premier Africa-focused private investment firm has announced the purchase of 49% voting rights in the Oando’s midstream business...

Mobil Confirms NIPCO Purchase Consideration Is $301million

Last October, Mobil Nigeria Plc announced it had agreed a deal that will see NIPCO acquire about 60% of its shares from its majority...

Total Plc Steps Up Efforts To Sell Downstream Assets With “12 Firms” Submitting Bids

Total Nigeria Plc is reported has planning to sell its downstream businesses. This is according to reports from the New...

DEAL: Interswitch Purchases VANSO For N15 Billion

Interswitch completes deal to buyout VANSO for N15 billion
Helios Investment Partners acquires Axxela Limited, Helios Investment acquires Oando stake, Helios acquisition of Axxela

Deal: Helios Buys 49% of Oando Gas and Power for $115.8 Million

Oando Plc sells 49% voting rights of Oando Gas and Power to Helios Investment for $115.8 million.

MTN Deal Allegedly Reached Under Duress, House of Rep Says Its ‘Illegal’

This isn't going to go away as quickly as we thought

[Deal] Trade Union Congress Will Acquire 57% Stake in Unity Bank

The Trade Union Congress of Nigeria (TUC) on Thursday said it will acquire 57 per cent stake of Unity Bank Plc. President of...

[DEAL] Vono Products Merges With Vitafoam Plc

The merger between Vitafoam Nigeria Plc and Vono Products Plc has been completed. The Nigerian Stock Exchange (NSE) has delisted the entire shares of Vono...

DEAL: IHS Will Acquire The Entire Issued Share Capital Of Helios Towers

IHS Holding Limited (“IHS”), the largest mobile telecommunications infrastructure provider in Africa, Europe and the Middle East, has announced today that it has entered...

DEAL: Coca-Cola USA Acquires 40% Of Chi Ltd (Chivita)

Coca-Cola has bought a 40% stake in Chi Ltd makers of the popular Chivita drink. Coca-Cola made this announcement on Saturday. According to reports from...

 [JP MORGAN THREAT] Nigerian Bonds Stage a Comeback

The Central Bank of Nigeria (CBN) further improved the liquidity in the financial system, through an OMO repayment valued at...

[DEAL] Frigoglass agrees deal to sell its stake in Beta Glass

Greek refrigerator maker Frigoglass and majority shareholder of Beta Glass Nigeria Ltd has agreed to sell its stake in Beta Glass Nigeria as well...

Why MTN’s planned acquisition of Visafone makes sense

  Bloomberg reports MTN Group is close to buying Nigerian owned Visafone Communications Ltd in a deal that essentially ends the CDMA business in Nigeria. MTN Group...

Official: Oando Extends Completion of Conoco Phillips Deal To April 30th. Agrees To...

Oando Energy Resources Inc. (“Oando Energy Resources” or the “Company”) (TSX: OER), a company focused on oil and gas exploration and production in Nigeria,...

Official: Seplat Will Sell For Between N535 and N700 Per Share. See full details

  SEPLAT, an indigenous independent oil and gas company incorporated and operating in Nigeria with a strategic focus on Nigeria, announced on 11 March 2014...

Corporate Makeover: Paul Jegede Reveals Japaul’s Merger Plans With N50b New Capital Injection. Also...

Right above is a picture of Japaul's shares chart in the last 5 years. It depicts how badly the shares have performed underlined by dismal...

Deal:Famous Brands To Acquire 49% Stake In UAC Restaurants Ltd

  PRESS RELEASE UAC, FAMOUS BRANDS ANNOUNCE STRATEGIC PARTNERSHIP UAC of Nigeria PLC (UAC), a leading diversified Company with operations in foods, paints, logistics and real estate,...