Mergers , Expansions & Acquisitions

Exposes industry buyouts, mergers, expansions and Acquisitions.

NIGERIA’S NNPC BECOMES PRIVATE

The official unveiling took place on July 19, 2022, at the presidential banquet hall in Abuja .The company’s operations will now be regulated by the Companies and Allied Matters Act (CAMA). The legal transition, based on the new Petroleum Industry Act (PIA), took effect July 1. The NNPC Limited was then floated with an initial …

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Parallex bank

PARALLEX BANK TRANSITIONS FROM MICROFINANCE BANK TO COMMERCIAL BANK

Parallex bank unveiled its new brand entity, over the weekend on Friday, January 14th, 2022 at its corporate head office in Victoria Island, Lagos state. According to the bank, its transformation into a commercial bank is a first-of-its-kind achievement in the Nigerian banking space. Parallex Bank Limited was incorporated as a limited liability company on …

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BUA FOODS

BUA FOODS PLC SUCCESFULLY LISTS 18 BILLION ORDINARY SHARES STOCK EXCHANGE

BUA Foods Plc was on 5th January 2022 listed on the Nigerian Exchange Limited, with its total issued capital admitted to trading. A total of 18 billion ordinary shares of BUA Foods were listed at N40.00 per share under the consumer goods sector of the NGX, with the trading symbol ‘BUAFOODS’. The listing of BUA …

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