05
AugInternational Energy Insurance Plc has announced the takeover of the company by Norrenberger. Norrenberger has obtained the approval of the National Insurance Commission (NAICOM) to acquire 100% equity holding in the Company. Norrenberger has obtained the final approval of the NGX for the block acquisition of 50.6% equity in the first instance while it has commenced the […]
05
AugThe Federal Government of Nigeria has secured a $1.5 billion loan facility from the US-EXIM Bank to deliver solar power infrastructure in 10 different locations nationwide. According to the Chief Executive Officer, SUN Africa LLC, USA, Adam Cortese, the government-to-government loan facility would cover a concession period of 20 years. He said, “This is government-to-government financing. It’s[…]
03
AugThe investing public has been notified of the Mandatory Takeover bid to acquire 1,300,000 ordinary shares representing 0.10% of the issued and paid-up capital of Eterna, not currently held by Preline Limited. Qualifying shareholders are shareholders of Eterna whose names appear in the register as at the Qualification date. Qualification date was June 30, 2022. Purpose of[…]
